Friday, October 24, 2008

Alert: SKF

Add a one half position to SKF. Buy50 shares SKF at $164.79 stop at $157.20.

Alert: DIA DOG

It looks like this crash might happen. Take a position and only one of the ETS,go long the DOG with 50 shares or short DIA with 50 shares. B...

Swan Song

Fractional reserve banking is a confidence game built on the foundation of a Ponzi scheme. So long as the rollover of Ponzi finance flows d...

Thursday, October 23, 2008

Trade Update: UNG

We were stopped of our UNG trade at $29.25 today.We enter the trade with 25 shares at $30.25

Best Explanation of Bush's Theft Plan

This guy is no suit and he nails it! He makes you think about it, and think about how they left executive compensation in the bailout bill.

Merrill Makes it Five Straight

Even as Citigroup was reporting its fourth consecutive quarterly loss Merrill Lynch not to be outdone, reported its fifth straight losing qu...

Wednesday, October 22, 2008

StockmarketImplode!

My thinking has been that the market is short-term oversold, but still fundamentally inflated. Without a clear direction I did not want to e...

The Bail Out was Bought

The bailout was bought, the fix was in as it always is. The electoral process is the device by which the elites channel energy better spent ...

Alert: SKF

The market may rally this afternoon so we will move the stop on SKF up to $131.50. Sell 50 shares of SKF @ $131.50.

Wells Fargo The Best Liars

Wells Fargo reported its third-quarter 2008 earnings today, and showed with silky smooth pathology that as an accomplished liar it was among...

Clusterfuck Nation by Jim Kunstler

It's fascinating to read the commentators in mainstream journals like The Financial Times and The Wall Street Journal all strenuously ...

Tuesday, October 21, 2008

Burn After Reading

The CIA is a division of Wall Street and if you don't believe it then you are not going to believe this from bailoutsleuth.com , but you...

Alert: SKF

SKF is resting on the 100 day moving average (dma) with the 200 dma holding follow up support 7 points lower at $120.00. we are currently lo...

Alert: UNG

Put a stop in on UNG. we are long 25 shares of UNG from $30.25, we will bail under $29.25. Sell Stop: 25 shares UNG- Stop price $25.2o

Ron Paul: 'We are going to kill the Patient!' 10/17/2008

You gotta love this guy The market is saying you should back off, spend less money, and save money. Everybody says, no, don't save mone...

Citigroup Edges Closer

Citigroup obligatorily reported third-quarter earnings today and the carnage was graphic. Management surely wishes it could just fast-forwar...

Monday, October 20, 2008

JP Morgan Pukes

After devouring the rotting carrion of Bear Stearns, JP Morgan was soon in hot pursuit of Washington Mutual. Although it may regret it in th...

Sunday, October 19, 2008

The New Meritocracy ?

Andrew Lahde a California-based hedge fund manager who like John Paulson, made billions betting against US subprime and subprime infested ...

Friday, October 17, 2008

Alert: PAAS

With silver trading back down into the single digits it's a great opportunity to load up on some more physical silver, but he cannot get...

The People Lawyer is Still At It

Andrew Cuomo grandstanding is paying some dividends as a AIG said that it will bail on a $10 million severance payment to a former bigwig. B...

Alert: UNG

With the VIX above 70 this market is begging me to buy. Take a look at the daily chart of you UNG , the stochastics are at about 50%, but ...

Morgan Stanley Hat in Hand

Morgan Stanley reported abysmal earnings, but said it had confidence in its model. Then the bank changed that model from investment to depos...

Thursday, October 16, 2008

The Peoples Lawer Strikes Again!

New York State Attorney General Andrew Cuomo is at it again, this time promo gating against American International Group. It's not that ...

$700 Billion Bailout LAW - YOU WERE ROBBED

I know the bill is now law, but the news isn't old, it's the same ole same ole all over again. Fear, Panic, Pressure, we have seen ...

National City Next?

As the investment and money center banks go the way of the dinosaurs, with Goldman Sachs and Morgan Stanley monopolizing deposit banking, al...