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  • The Crash of 2008 [View article]
    This is NOT Mathematics. This is Emotions.
    Until the banks start to Trust each other, Until merchants get short term capital, this will continue to fall.
    Grain is piling up in the ports ( Canada, US ) because the buyers can not GUARANTEE that the money they promise for the grain they want to buy will arrive from their bank.
    The traffic in the ports is down by 20%. Joe Smallshop, and Frank Big Company NEED Short Term Capital, and until the banks TRUST them, things will continue to spiral downwards.
    Sorry, I'm holding my cast for better bargains.
    Oct 12 22:05 pm |Rating: 0 0 |Link to Comment
  • Gauging Market Fear: Put/Call Ratio and Volatility Index  [View article]
    One thing I am happy for is that the Bush plan for privatization of Social Security happened. Thank the Lord I put all my retirement money into those solid stocks, GS, AIG, FNM, FRE, WB, GE etc... Now I'm set for life.
    ... This cardboard box is really nice, and the overpass keeps the rain out, and it's concrete floor keeps the fires away, but the LA Smog is a bit tough on my lungs. Luckily my severance package included a free pack of aspirin.
    [ Satire, folks... Yuck it up.]
    Sep 18 06:15 am |Rating: 0 0 |Link to Comment
  • The Bernanke Fed's Next Interest Rate Cut Will Be Its Last [View article]
    Way to go, Brownie.
    Way to go, Paulie.

    Can we have a "Do Over" on the vote for 2000?

    Please?
    Mar 17 05:49 am |Rating: 0 0 |Link to Comment
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