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August 2009



Out of OLN

August 18, 2009 – Comments (6) | RELATED TICKERS: OLN

I've posted a lot about OLN in this space.  If you were paying attention, 2 years ago you caught a run from 14 to 29, collecting a nice 5% dividend while the stock ran up.  You got out at 27 along with me and got back in, if you had the wit, somewhere between 9 and 11.  [more]



Calling a short term top

August 18, 2009 – Comments (4)

OK, here we are, DJIA 9206, S+P 988, Nasdaq 1950.   [more]



Goldman bonuses and why not to own GS common

August 10, 2009 – Comments (10) | RELATED TICKERS: GS

There's been much made of the high bonuses at Goldman.  If you've ever dined in the right circles in Manhattan, you know that a simple front-desk receptionist at Goldman can count on making money annually than the average doctor or lawyer, because of the firm's generous bonus package.  The real money men - traders, analysts, VPs, senior execs - well, sky's pretty much the limit on their compensation.  If there is a limit.  I think it's safe to say that working at Goldman is probably the most lucrative full-time occupation that isn't blatantly illegal.  [more]

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