ES Journal Archive (2006 - 2008)
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in this bailout the US took on a lot of property which will be good in the long run, AIG has real estate in over 50 countries,if we redo the banking system the fed doesnt have to charge us the extra 3% the banks are getting on home mortgages,they still need to profiit to stay afloat,but they can help keep the consumer afloat which will be positive in the longrun My understanding is that the 1929 depression was our first foray into a global economy and we seem to be handling this second one much better, As a US citizen we tend to see things thru rose colored glasses as in morals and scruples and everyone will do whats right, The rest of the business world doesn.t work/ think that way,so when you sleep with dogs... hopefully morality and good business will win out,that's the war that's playing out
the sec's list of 800 stocks unable to be shorted until after 11:59pm October 2.
http://www.sec.gov/rules/other/2008/34-58592.pdf
and some people think there is no such thing as gov't market manipulation.
http://www.sec.gov/rules/other/2008/34-58592.pdf
and some people think there is no such thing as gov't market manipulation.
What a croc of crap. I advise you go long all international markets as well.
Going forward, I suggest a tough attitude towards the corporate elite who are supposed to know it all and get paid the big bucks to stay awake at the wheel and do the right thing. Oh wait, they are too busy doing nothing pertaining to their job responsibilities.
Going forward, I suggest a tough attitude towards the corporate elite who are supposed to know it all and get paid the big bucks to stay awake at the wheel and do the right thing. Oh wait, they are too busy doing nothing pertaining to their job responsibilities.
The whole system is rigged and corrupted. The question is it all one big chess game or do they really have no clue what they are doing? This is such an embarrassment for the USA. The whole damn world is sitting back laughing at US.
We can't even manage our finances or balance our books because for petes sake we don't even know whats on the books!!!
if you go back and look at the spx trendline using tops of 1937,66 and 87 ,sorry cant post a chart,we touched it in 02,03 as support and built a base for a year before resuming up,we touched it yesterday and will massage it for awhile,who knows how long,or if another blunder of greed on crack will break it ,but we will retest it.... P.s., could someone who knows how,post this chart up
Actually, that was 70+ pts if you include the drop.
And if you include AH, we have 110+ pts rally within 24 hours.
Last time this happened is at the end of the Russian crisis. Timing-wise is about the same too.
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