November 2008
November 21, 2008 –
Being in the banking business, I called this thing way ahead of time. I was unable to monetize it because of my poor reaction to volatility. That said, I am seeing something disturbing, and wonder if it has been factored it.... [more]
November 19, 2008 –
Ironically, I believe that Ford is the best of the "Little 3", as they have the most cash and the best product line. Yet their price is so low that can't be chosen for CAPS. Economically, I think they are all toast. But me suspects F may survive. I'm toying around with buying some preferred or bonds for a trade, but with their prices so low, pensions funds won't be hurt by BK. [more]
November 18, 2008 –
We are undereducated. [more]
November 12, 2008 –
The volatility in this market has caused me to cover short positions in the following companies that eventually went bankrupt. LEH BS CC [more]
November 04, 2008 –
Corruption, lack of oversight, appeasement to the democrats, spending, poor communications, too many elected officials caught. [more]
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