We purchased our Saturn Aura in February ’07 for $25,000. We took delivery the day before departing on our first major, and only, trip in our 40′ RV. Saturns can be towed easily because their transmissions don’t burn up when towed. We loved the trip …
Remember S&P 820? It was suggested repeatedly here that if that was broken the market could re-test the lows. The index is at 793 down 4%, since shortly after the opening. The important 2:30pm time will tell us if we can find buyers at this …
World markets are being crushed as reality sets in. Japan’s out-of-the-blue decline in GDP is having spill-over effects everywhere. Lloyd’s bank decline (among many, many others) in London is having negative effects on banks world-wide. Gold is screaming as traders search for a safe haven. …
We are clearly in a golden era, or year, of cinema. We saw Slumdog Millionaire yesterday and were stunned. My emotions kept turning left and right, brightly happy, horribly sad, my eyes alternatively closing and opening wide, from laughter to tears. A wonderful film. As …
A fickle market that is reversal prone. Do not remember who said that but it certainly describes this market. Traders continue to buy the dips and sell rallies. That makes for a range-bound market. Shares of Steel Industries (IIIN) have rallied about 5% in the …
The morning equity futures are green, gold down, oil up after yesterday’s large loss. Banks are weaker in early morning trade so am pleased I kept my FAZ position overnight. Most of the morning news focuses on Obama’s difficulty in filling out his cabinet. Sen. …
At 3:06pm, as the S&P hit 808, on its way to 700, an announcement from Washington that it was considering a program of home loan subsidies turned it all around. We wound at 835, up 0.17%. A small gain, but it was a green gain. …
Markets lifting but do not expect this to continue. I got this idea from The Shark: buy QLD and DXD. He reasons that Apple, Google can outperform general market. The DXD protects from the general market. http://dayshark.blogspot.com/ I bought a little FAZ. This moves down …
Perhaps most discouraging is the report of technology start ups being closed. The start-up has given this country the fulfillment of its entrepreneurial spirit. It has invigorated business, it has increased our knowledge base, it makes smarter people simply by being schooled better, and it …
The market internals (advancing stocks vs. declining stocks, up volume and down volume, etc.) were better than the averages. Volume was about 300 million less than yesterday. As noted earlier, we flirted with S&P 822 but bounced off with news of stimulus approval. Lest you …