Monthly Archives: August 2009

The value of a rating is dependent upon the quality of the entity issuing the rating. If you went to see a movie because a critic rated it a must see and found it to be horrible, would you place … Continue reading →

Yesterday I was at a friends office chatting about the market and the upcoming event we were attending. While we were doing this a man entered the office and went into the first room inside and grabbed a laptop computer … Continue reading →

I spent some time with Tim Bourquin who runs a terrific website called TraderInterviews.com Tim interviews professional traders and provides the recordings to subscribers. Here is a link to the interview, it’s 41 minutes of audio

In todays Wall St. Journal online edition the following two headlines appeared Reluctant Shoppers Hold Back Recovery and Banks, Retailers Fuel Rebound So the reluctant shoppers must be the ones who only buy wholesale or there are a few un-reluctant … Continue reading →

Nothing I have ever read about Henry Paulson suggests he would be the kind of guy I would want to have a beer with. In fact the same can be said for nearly all of the high ranking Goldman sachs … Continue reading →

I am not a tech guy at all, if it wasn’t for my buddy Jeremy I wouldn’t have this blog, I don’t know a bit from a byte and have no idea of how the stuff I write on this … Continue reading →

When the SEC raises charges against a firm and the firm agrees to settle the matter for a certain amount of money, most of the time they pay the fine with NO ADMISSION OF ANY WRONG DOING. As I mentioned … Continue reading →

Today Bank of America was charged by the SEC for making materially false statements in the matters surrounding the Acquisition of Merrill Lynch. Ken Lewis told Congress on 12 feb 2009 he had “no authority” over the lavish bonuses Merrill … Continue reading →

Trading and investing are numbers game. Today I am going to examine two ways I see numbers and their effects on, and relationship to my way of going about this game. First is the numbers we use to base our … Continue reading →