It is okay to loose $500 million over at IMB; with the FDIC predicting a few hundred IMB’s where will this leave us?
Paulson is pitching this morning; after Wachovia, Apple, Home Depot, Texas Instruments, American Express…..
Hey are you noticing a trend here…Icons going down.
GE has a surprise to prop the DOW up today with a $8 billion deal for mid east growth. Abu Dhabi and Mubadala will invest monies and own up to 10% of GE buying stock at free will in the open market.
No doubt another safety net of the Global Plunge Protection Team’s wide reach. Thank you for your protection I feel much better.
I thought we were living in America…What about U.S. growth?
I’m not asking for a New Deal here, but lets get this growth started in this country. As much socialism that is being applied to save this country; so should it be used to spur on growth.
Not to complain, but we could get people to work in and on reservoirs, hydro electric plants, solar farms, a nuclear power plant, coal to liquid conversion plants, natural gas fueling stations, etc.
Are we going to rebuild this country by sending people to work at SBUX or WMT?
“A strong dollar is important for our nations interest”- Paulson- he is increasing confidence in our economy.
Why do all these talking heads start stuttering when asked a question?
Alright enough bull: I’m getting nervous here so I will buy gold, foreign currencies, income generators, and go short just about anything while maintaining 60-70% cash.
I still think oil is down for the count until mid to late winter baring any serious hurricanes. So I’m looking at DUG again, and to buy my favorites 5-10% cheaper…HK, PVA, CVX, XOM, & CHK. USO and UNG I feel could be bought cheaper than 5-10%….maybe 15-20% if were lucky.
Key levels to look for are 1251, 1244, &1239 S&P. If we break these levels on a closing basis then I feel we test 1200 again. I’m telling you this market is starting to make me bipolar.
GLT
by GW
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