Well, Lehman CDO’s did NOT all get settled yesterday. We’re witnessing the effects now. Here’s the size of the problem: Investors are taking losses of
readCan’t figure it out yet, but something’s up. Let’s watch and see. I don’t think this is for real, more like a pretext for something.
readI just love this “reported GAAP net income”. I read it and see “in accordance with the generally accepted lying guidelines…” 😀 (Green – beat
readOverbought The higher we go, the lower the volume Treacherous symmetrical triangle not breached
readNumbers on ticker lines show expectations, numbers in color are announced earnings, followed by guidance/comments: [[AXP]] American Express Company Q3 2008 $ 0.59 20-Oct AMC
readTo those who are able to go long and enjoy it at this stage – have fun and good luck! It would literally make me
readI’m not trading, busy with other stuff, but looking from outside in: low volume rally in everything except energy and materials (strange for leaders; after
readAll of these sound very familiar… Great Depression Controversies and Facts “Each crash was followed by a sharp partial recovery as shorts covered and new
read“Word on the street” is that some big companies are reducing work hours so that the employees quit (in retail, if you’re employed under 40
readhttp://www.nytimes.com/interactive/2008/10/11/business/20081011_BEAR_MARKETS.html (Hint: Mouse over each line to highlight it and compare)
readAs of a few days ago, I’m in the black for the year (so far; spit over your left shoulder and knock on wood for
readI can’t trade this peaceful POS market!! Where’s the volatility? I give up for the day.
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