NEWSMONKEY (< 20)

I like the risk reward on this idea

February 21, 2009 – Comments (0) | RELATED TICKERS: NYNY , LVS

This blogger is on to something

This blogger is doing his homework.  I think the idea is worth following.

This is an interesting idea

January 05, 2009 – Comments (2) | RELATED TICKERS: NYNY , TRMP , MGM

This is a speculative play but this fool has said it better than I can I recommend you have a look at this post.  http://caps.fool.com/player/greyflannel.aspx?tab=fv  [more]

Goldman Sachs: Are the Golden Days over?

December 16, 2008 – Comments (1) | RELATED TICKERS: GS , MS , SPY

Not even Goldman Sachs Group is safe from the storm wreaking havoc on the global financial system.  [more]

Nancy Pelosi and her private jet. Wasn't she just complaining about the Big 3?

December 09, 2008 – Comments (10) | RELATED TICKERS: SPY , QQQQ

Madame Pelosi wasn't happy with the small private jet that comes with the Speaker's job, no, Madame Pelosi was aggravated that this little jet had to stop to refuel, so she ordered a Big Fat jet with a bedroom that could get her back to California without stopping, carry her staff, family and friends.

Many, many legislators walked by and grinned with glee as Joe informed everyone that's Nancy 's Big Fat Jet costs us, the hard working American tax payers, thousands of gallons of fuel every week.

Since she only works 3 days a week, this gas guzzling jet gets fueled and she flies home to California , cost to the taxpayers of about $60,000, one way!

As Joe put it, 'Unfortunately we have to pay to bring her back on Monday night.'  Cost to us another $60,000.

That is $480,000 per month and that is an annual cost to the taxpayers of $5,760,000.  No wonder she complains about the cost of this war, it might cramp her style and she is styling, on my back and yours.

I think of the military families in this country doing without and this woman, who heads up the most do-nothing Congress in the history of this country, keeps fueling that jet while doing nothing

Madame Pelosi wants you and I to conserve our carbon footprint. She wants us to buy smaller cars.  [more]

News you should pay attention to: Treasury Bills Trade at Negative Rates as Haven Demand Surges

December 09, 2008 – Comments (2) | RELATED TICKERS: SPY , QQQQ

There are only a few times in history that Tbills have traded at a zero yield.  Today they traded at a zero yield and then they ultimately traded at a negative yield.  This a flashing sign that there is still plenty of bad news to come.  If professional investors are scared are so scared that they would rather lock in a certain loss (albiet a small one) what do you think you should be doing?  I would like to suggest that it isn't trying to pick the bottom.  There won't be a sustained rally until the credit markets normalize.    [more]