Mr. President Elect
Mr. President: We all know you are stepping into a problem of monumental severity. This is a set of problems which has a long legacy and cannot be turned around on a dime, however there would seem to be a…Continue Reading →
Mr. President: We all know you are stepping into a problem of monumental severity. This is a set of problems which has a long legacy and cannot be turned around on a dime, however there would seem to be a…Continue Reading →
Treasury Secretary’s press conference going on at this moment should provide all the information that anyone can assess about this outgoing Administration, he shows the arrogance and stupidity that we have come to expect from Wahington and as they say…Continue Reading →
Here is some reading material to provide input into alternatives for the economy and markets. We tend to look at alternatives in terms of how we think they would affect the markets short-term and long-term. In the next couple of…Continue Reading →
We believe that a new term will be coined to describe what will evolve after this election “Grass Roots Capitalism”. This description of the change that is going to come will involve a number of things: 1) First it will…Continue Reading →
The comments of the past two days prevail. The S&P’s are trying to hold the 940 level with the coming election jitters setting the mood. Market players and CNBC pundits are still looking for an October surprise. They still have 7…Continue Reading →
As I see it there are two choices here which our two Portfolio positions represent. First we believe there will be a 30 percent rally from the 840 level on the S&P. It will be a rally without warning, so…Continue Reading →
The two smartest guys in the world have given us the answers that all the markets were awaiting. Karl Rove on Fox news said that the markets were declining this week due to Republican selling based on the rise of Obama in…Continue Reading →
The stock market seems to be settling into a trading range with the forces of recession battling the forces of stimulus. The range we are working with is 940 to 1060 on the S&P. 1000 is the swing-point which the…Continue Reading →
Todays market action should be the confirmation that the stock market has found some roots. The 940 to 1060 range in the S&P will continue as the trading range. We remain 65 percent long in out aggressive portfolio and 25…Continue Reading →
Yesterdays test points out that Friday’s low was not the bottom, but a bottom. For now we are content to wait for: 1) more earnings numbers, and 2) the bailout package to be put int action. When the market moves beyond…Continue Reading →