barnburner

No Happy Ending for Auction Rate Securities Mess - Barron's

Well, maybe I paraphrased what sebiamo said.

No Happy Ending for Auction Rate Securities Mess - Barron's

sebiamo, great post. It really pisses me off to see these investment bank (an other) CEOs leave the company on the brink of bankruptcy and walk away with a golden parachute and a million dollar bonus. As you said, if we are going to be put in the position of having to bail these bastards out then the least that we can expect is oversight and regulation with teeth-like jail terms and restitution for the investor

Options Trader: Friday Outlook

god I get tired of the backbiting political references here. Hey, that gas crises that created line of odd and even days happened in Jimmy Carter's Presidency but it was created by and continues to be caused by the inability of Congress to pass a comprehensive energy bill. It laughable that Kenny Lay of Enron probably wrote Dick Cheney's energy bill but these clowns are no worse than the ones who proceeded them. Maybe the problem really is the U.S. voter who refused to demand an Energy policy after the last crises, just said "hey, give me a Hummer or an Expedition baby, I really need a big "safe" car like that to drive to work in.

Calling It Quits on Gold, Platinum - It's Time to Go Financials!

I think Dan is talking about his trading portfolio not an investing portfolio so, yes he is looking at "5 minute charts" and apparently making money-isn't that what it's about?