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Any 5-year old can tell you the story of poor Humpty Dumpty. To paraphrase for today’s financial news: All the king’s horses, and all the king’s men, couldn’t put Wall St back together again.And if you’re the historical type – do you also get the feeling that old boy Hank Paulson is doing his best […]
This CNN headline says it all: Dow gains 410 on talk of a long-term government solution to the current turmoil. The full article, if you’re so inclined – I’m too sick to my stomach to read on.
Could very well be – I’m not taking any chances. I just closed out my two British pound short positions – I don’t want to stand in the way of a “gap up”. I can’t figure out why this is triggering such a reaction – what exactly was the market expecting regarding Freddie and Fannie? […]
Buy. Or hold – and buy when the uptrend resumes. Sure this correction hurts. But corrections happen, and gold/silver were going parabolic for a bit – and anything that goes parabolic corrects eventually. For a big picture view – let’s turn off CNBC and review the facts. First, let’s discuss all of the fundamentals that […]
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