OKMONEY

2008’s ETF Dogs Could Be 2009’s Opportunities

I don't think it's so much the "buddy system" that will keep banks not only afloat but thriving but the inescapable fact that meaningful commerce literally stops when banks get too bearish. What we have to watch out for is too much banking power in too few banking hands which seems to be happening in Hank Paulson's apparent theory of survival of the fittest. Might be a good theory if you knew who were the fittest. Do you think the Treas. does due diligence like we do before they invest our money?


On Jan 12 09:58 PM PastTense wrote:

> commonsense1211: The banks have too many buddies in both the Republican
> and Democratic parties--as well as in the Federal Reserve. So no
> matter how badly they do; they will get bailed out.

Looking for Opportunities in an Irrational Market Place

What difference does it make that the market interpreted the EIA's Weekly Inventory report of oil wrong? If there's truly a market for oil it'll self correct if in fact the data was interpreted wrong. Most traders would have interpreted the data the same way the market did and made money. The market isn't "right" or "wrong"; it just reacts. If you can anticipate its reaction, whether that reaction be "right" or "wrong" you'll make money. For some reason, now long forgotten, I'm in the market to make money not to be "right".

Crude Oil Seeks Iranian Black Swan

Tell us all about this yellowcake removed from Iraq, Xander. Sure you're not talking about the birdshot still emerging from Harry Worthington's face after his brush with sharpshooter Cheney.