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Pequot Capital: Yet Another Hedge Fund Buying Gold

Really, but who cares!
This kind of trading maybe the latest fashion, and listening to Cramer that long term investing is dead maybe very PC; but I have to admit that:
"I'm Not Smarter Then a Fifth Grader", and I want my markets to reflect that. All this trading, Calls, Puts, CDS's, CDO's, SUV's, CIS's, etc.. etc, are what has made this market a total gamble and not a place to grow America.
We all need to get back to simple basics and stop all this manipulation and gambling with our financial markets.

U.S. Rejects Nationalization of Citi and BAC

What your headline should have read is:
"US Rejects Short Sellers of Citi & BoA"

This is what we need. Just stop the Shorting of America and things will work themselves out in a normal - rational - timely basis. Nothing will recover, nor will as they put it allow investors BACK into this market, as long as the rules are so bent by short sellers and no one is seeing the reality of it. All they can do is blame the CEO's and all those good people who are just trying to get things back to normal, so to speak.

The 4 Golden Rules

1. Reinstate the Up-tick rule

2. Crack down on naked short selling

3. Institute some rules on what should be said on National TV to prevent rumor-mongering

4. Pass a Wind-Fall Capital Gains Tax of 65% on ALL short sales retroactive to 01/01/08.