johnhaskell

Please Close the Markets

since there are no buyers, I assume volume on the NYSE today is zero? Please confirm this.

BTW the Russian market in 1998 fell 93% in twelve months but trades continued to be put through the system and buyers found, even though no one was protecting them, kissing them where it hurt or giving them a hug when they fell down.

WSJ Chooses Spin Over Precision

It would have been more appropriate to say, "In a broad vote of confidence in President Bush's Iraq policy, stocks moved dramatically higher, with gains across the Dow Industrials. Thank God George Bush is our President."

The Fed's Coming Rate Hikes

the man who cut 75bps because of Jerome Kerviel will not raise rates while a) an election is coming up; b) house collapse accelerating to the downside; c)financial system continuing to wobble dangerously with every major bank continuously raising capital and KBW index hitting new lows daily.