Delegal

Not Everyone Likes Windows 7

I made the switch to an intel iMac two years ago. It has performed flawlessly. As a result I am more productive. In order to run some legacy windows programs I have Vista Business installed on the iMac running under Parallels. I have never had a blue screen. What is burdensome is the constant downloading of updates, patches, fixes etc under Vista. In order to run Vista I also have antivirus, firewall etc that slows the windows operations. Having seen both OS's side by side, I amazed anyone would put up with a Windows OS. Get a Mac and get productive.

Book Review: Mobs, Messiahs and Markets

I concur, it is a must read. While your at it also read "Empire of Debt" by William Bonner and Addison Wiggins.

Both of these books will help you formulate and investment strategy in these most difficult of times.

Start Looking for a Bottom?

It says the US and global markets are headed lower until another $500 Billion is written out of the system and stability is re-established in the credit markets. PE's are still too high in the US and will return to the mean. I expect another 20% down on the Dow.

The (Non) Crash of 2008

The S&P 500 P/E ratio is around 22. Historically this is too high for the current economic conditions and will track lower. The end result is a market headed lower.

Head Concho - Cramer's Lightning Round (6/17/08)

DOW: Cramer fails to take into account two key factors: Dow has long term contracts with natural gas suppliers and it has the ability to raise prices to off set material increases. Finally, it is moving large scale operations to JV's with oil and gas supplier countries allowing it to concentrate on value added downstream products.