maelstrom

Report from Europe for Friday, Sept. 4

Can t judge abook by its cover..Muddy Waters/Willie Dixon... The market is being pumped and is on life support ..a correction has to come, but they can keep this dumb ass narrow box trading range going for a long time..One big Hedge starts to unwind positions and poof.. the shreder, then another run up.. and another wave down..it's kick the can down the road till as mentioned before , a trigger, what ever it is sets a huge drop..could be a riot in central LA..it s due ..My good Mole you are spot on.

Preview from Europe: Waiting for the Pullback

Cash for clunkers could have been a brilliant move by congress..instead they fucked up as usual..they are a highly concentrated group of powerful morons that should have the balls to admit their shortcomings and commit suicide..the only honorable thing for such incompetents but they will opt for another term doing the peoples work

The Right Kind of Bailout

Tripe...is the union going to make the concessions necessary to build an affordable car and keep the overhead down whole the industry regroups and turns profitable...NO..Are the Democrates going to blame the added deficit on Bush even though Pelosi sponsors it..YES..If it fails will they say "we didn't get all the facts it's not our fault..YES..The union votes the Dems in let them sort it out.....in bankruptsy court