SO MUCH TROUBLE IN THE WORLD

Thursday, March 12, 2009

The Battle Continues

Part II The Empire Strikes Back



Part III Return of the Jedi



To be fair ... hindsight in the stock market is often 20/20.

However ... there is sometimes a clarity that is undeniably ... unless you deny it.

Today I am kicking myself for not buying the 2000 shares of ticker FAS that I wanted to a few days ago.

I knew that the Pandit's Citicorp memo was a clear foreshadowing of future bank profit news.

AND

I also knew that today's mark to market / uptick rule hearing would provide upward pressure and STILL I held off on that trade.

Here is the five day chart.




Would of ... Could of ... Should have.

C'est la vie.

Labels: , , , , , , ,

Thursday, March 05, 2009

Financial Bailout

This is an excellent clip from the Daily Show about the idiocy of CNBC.
VERY FUNNY STUFF.




Personally, I think that the two biggest douche bags on that financial channel escaped comment in this clip.

The first is Dennis Kneale



Dennis strongly feels it is unfair to deny Wall Street year-end bonuses, even though these companies are using tax payer provided bailout money to pay them.

In this clip, Dennis gets schooled by Senator Bernie Sanders (D) VT.




Then there is Michelle Caruso-Cabrera, who called the Senator a socialist in the last clip.



As you can see from this clip, Michelle loves to openly show her hatred for anything socialist. After all, she and her fellow Hispanics find very little need for government-sponsored programs.*

*For those of you who feel this is a racist comment, it is not meant to be. I simply find it nauseating that Michelle takes every opportunity to shake her ethnic tail feathers when it is convenient for her career, yet she is completely insensitive to the fact that many Hispanic people in this country need government-sponsored programs to survive.

Labels: , , , , , , , , , , , , ,