This week has been a bitter pill to take. In 2002 I decided to put together an investing/trading approach that would key on Political/Economic situations and have technical backup. That led to five years of being primarily long the Gold…Continue Reading →
This New York Times Article printed yesterday is probably the best behind the scenes look at what led to our current bank problem. One thing come to mind in reading this, Paulson and Cox have to be watched closely in their…Continue Reading →
First, it is always important to decide whether you are an investor or trader or some combination of the two. We believe that very conservative investors, lets call them Level I conservative investors, should have been totally in cash or…Continue Reading →
In reading through the commentary over the weekend it appears to me that John Mauldin probably has the most effective suggestions. I no doubt agree to some of his ideas because I was a trader on the Chicago Mercantile Exchange…Continue Reading →
 The last couple of days market action makes it easier to put some structure around the market that unfolds from here. We will discuss that in the morning. For the moment, we want to share this web post we recieved…Continue Reading →
There has been a lot of talk the last few days of these historic times, the market of the century, etc. Volatility seems to be in the air, the Government is handing out money in 50 and 100 billion dollar…Continue Reading →
Hank and Ben are starting to look like Cub’s material with two straight hits after a long string of strikeouts.. Now we have to see if they can followup and get some runs. By not blinking at the screams of…Continue Reading →
Yesterdays market action shows that the market is not really that impressed with the Fannie/Freddie takeover but we believe the Treasury and Fed will keep the pressure on to make this effort work in the short-term. The Hedge Fund liquidation…Continue Reading →
The Fed did nothing….positive. They did not take the slack out of the fed fund rates. As such the markets are bound by recent support and resistance levels, which mean that the oil and gold markets will have a tendency…Continue Reading →
This morning’s market moves take most of the markets into easy resistance and support levels. The S&P and financial indexes have rallied into short-term resistance, while gold and oil have declined into minor support. After the so-called required reaction to…Continue Reading →