asteroids

Unemployment Data: Are We Really Seeing an Improvement?

I see no one is reporting "welfare" numbers yet.

When Will the Market Turn Negative Again?

What if the banks have been allowed to prop the market up if they aren't going to lend it out?

Geithner to Put Chrysler in Bankruptcy Next Week

Bondholders (banks) win no matter. Taxpayer is screwed no matter. Bondholders have CDS insurance (from AIG?) to cover bankruptcy. Taxpayer pays no matter what the outcome is!

Technicals: Where Is the Pullback? What Pullback?

Almost 4% up on one. JUST ONE company pre-announcing? And doing so on a low volume Thurs. into a holiday invites a jump. History show the market is almost always down the following week. History also show you lose money when you buy during earnings season.

Paulson Finally Doing the Right Thing

Investing in those companies won't solve the real problem. The credit default swaps and all that other exotic garbage are the issue.

The SEC should declare them illegal products and the head of the
SEC should resign.

The Treasure should buy up all that junk at 5-7cents to the dollar.

Presto. Trust comes back. Banks start to function. Things will get better.

Time to End Government Dickering Before It's Too Late

Prediction: The "shorts" go back to work. The market
has a very very bad day. Then, it gets worse....

Lehman Files For Bankruptcy

If the $70B exists, I think it's a "mutual defense fund" to
stop the Bears. Eg. Bears target company X. Company
X borrows from the fund for a short period to boost its
stock and stop the Bears.