Equities

    Hey, Hey, Hey …. Good Bye!

    The long anticipated BK of CIT has finally arrived - and WE are going to EAT the bailout money!!
    Next week should be a hell of a ride….”…
    New York-based CIT listed $71 billion in assets and $64.9 billion in debt in a Chapter 11 filing in U.S. Bankruptcy Court for the Southern District of New York. None [...]

Recent Posts

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  • Hey, Hey, Hey …. Good Bye!
  • Attention Homeowners!!
  • Scary Time - The Week Ahead.
  • The Long And The Short Of It.
  • Q3 - WE’RE IN THE MONEY NOW!!!
  • Saudi’s Drop WTI.
  • “Grab Hold Of What?” - The Imminent Economic Recovery.

    • Equities

    Hey, Hey, Hey …. Good Bye!

    The long anticipated BK of CIT has finally arrived - and WE are going to EAT the bailout money!! Next week should ...

    Scary Time - The Week Ahead.

    Black Friday, yeah...everyday! The stimulus has really gotten a hold of valuations and expectations, and speaking of expectation....expect some doses of ...

    Q3 - WE’RE IN THE MONEY NOW!!!

    I can't wait to spend it all!!! "...Today the market is cheering over what is actually an ugly report. A misguided Cash-for-Clunkers ...

    “Grab Hold Of What?” - The Imminent Economic Recovery.

    Someday, I'll get that damn Stock Quote pop up to work, but in the mean time, here is something to ...

    We Shall Buy

    The Sun Shines in The Golden State.

    Arnold must have seen the last post, judging by his reaction Sunday night…
     
    When most people think of Californians, they think we are nothing but a bunch of long haired, tree hugging, dope growing, laid back surfers……
     
    Well, they are RIGHT about that! Also, the fact that Cali has an average sun light power of 5.3 MW [...]

    Bonds and Debts

    Can We Devalue Our Way Out?

    “It’s not AS shitty as it was last month!” - BLS
     
    “…While the figures indicate improvement, government data last week showed more job cuts than forecast for September and a rising jobless rate. President Barack Obama pledged to “explore any and all additional measures” to spur growth, as last week’s report underscored that gains in consumer [...]

    We Shall Sell

    Brokeback Greenback.

    USD to hit 500 Yen next week!
    Ok, not quite, but…
     
    “The U.S. economy will deteriorate into 2011 as the effects of excess consumption and the financial bubble linger,” said Daisuke Uno at Sumitomo Mitsui, a unit of Japan’s third- biggest bank. “The dollar’s fall won’t stop until there’s a change to the global currency system.”
    The [...]

    Commodities

    Saudi’s Drop WTI.

    “…Saudi Arabia on Wednesday decided to drop the widely used West Texas Intermediate oil contract as the benchmark for pricing its oil, dealing a serious blow to the New York Mercantile Exchange.
    The decision by the world’s biggest oil exporter could encourage other producers to abandon the benchmark and threatens the dominance of the world’s [...]

    Hard Assets

    Attention Homeowners!!

    The following information is some of the most important advice I can recommend for homeowners who are in a negative equity situation:
    “…The other night I meet some friends for dinner. When a got there a lady I used to work with came up to me and told me her situation. In 2007 she bought a [...]