Bank lending practices coupled with Greenspan’s no-regulation approach have been a big factor in the economic scene that has developed. Now the banks have no money and they squirrel away all the bailout money the government gives them, instead of…Continue Reading →
The debate is basically between: 1) continuing the trickle down philosophy that has created the problem over the last 28 years and 2) changing the paradigm and bringing the power back to the people. It is a big change and the…Continue Reading →
One of the reasons the stock market is rallying is that corporations watch out for their owners first, their employees second. That is the way capitalism works and that is why the federal safety net exists and that is why…Continue Reading →
The recent market action leading up to today appears to be the final stages of base building for the coming years trading range. Basis the S&P 500 we see a market range of 800 to 1080 with the January 6th…Continue Reading →
There is a simple answer to all the talk about what went wrong in the banking sector over the past 28 years. Why not lend to the macro trend line value. According to the experts, in 2005, residential real estate values…Continue Reading →
One year ago today we started this website. The reason was simple, I saw a set of bubbles that either had already started bursting or were about to burst. I wanted to provide input to family, friends, former hedge fund…Continue Reading →
805.22, that is the S&P 500 market close on the Obama Inaugaration Day. We will use that as a reference point. As we mentioned yesterday, between Election day and Inaugaration day the market has been in a swoon, down right…Continue Reading →
This could be a Great Day for America, as we all have been hearing for the last three days. But in my opinion it will only happen if Barack takes off the gloves and starts moving outside the box. There…Continue Reading →
While it would have been nice to have traded this last knee jerk downside reaction of the Bush era I would rather look forward to the main move for 2009, a rally to the 1260 area of the S&P 500 with…Continue Reading →
As you will note in our update comments late yesterday, we lightened up our long positions. On the Aggressive ETF Portfoliothat we show positions for on this site, we lowered our leverage ratio to 0.98 from the 1.27 that we…Continue Reading →