I find this guy unsympathetic. Despite his loss. Hank Greenberg: I’ve Lost $2 Billion In AIG’s Collapse Our greatest investor may not be. Buffett’s Stock Picks Are Flat! If the world’s greatest car company can’t cut it how can GM? Toyota workers face 3-day week …
A market letter to which I have recently subscribed has turned ulta-bearish. Global Money Trends is forecasting a further 20% decline in the Dow to 6000. Gary Dorsch is the author and he provides a convincing forecast based upon historic comparison to Japan’s lost decade. …
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 …
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 …
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. …
Oh man, Washington is becoming unglued. It is shameful, distressing and embarrassing that Obama cannot get the right people to work for him. Sen. Gregg withdraws as Obama commerce pick
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 …
The chiefs of the county’s largest banks are winding down their opening speeches. The common thread is that they ALL spend the TARP money responsibly and the government and country is getting a great return. As the committee members begin their cross-examinations watch for the …
It will take heroic work by the bulls to maintain Friday’s welcome bounce. There is likely disappointment for the stimulus and bank plan as euphoria melts into reality. And, there is always that nagging feeling of not knowing what else can be done if these …
Everyone’s focus seems to be on GE and its earnings announcement scheduled for tomorrow. They pay $13 billion in annual dividends and that can probably not continue. Even though Immelt promised that ’09 would not see a dividend cut. The stock dipped below $12 (down …