Jgib

2009 Is Looking an Awful Lot Like 2008

August is often a month of take off for strong moves. in 1987, the Dow began a slow downturn that culminated in 10/19 black Monday. Also, September and October are at the top of the list of down months for equities. Wouldn't intelligent traders know this, leading to liquidation of longs and increase in shorts?

Jeremy Grantham: Global Incompetence Is 'Officially' Scary

Give the monetary system to our elected officials - you have to be kidding. They have given us nothing but bad legislation (SARBOX, medicare RX, housing $$$ to the incompetent, bailout of Freddie Mac and Fannie Mae, etc.). How about there agressive solutions for the energy crisis.