Thus far, being “retired” is quite boring. From time to time, I look at the markets and see all sorts of errors being made.
For example: investors are buying into yesterday’s up 400 Dow day. Ha, the folly you pedestrians make.
Seeing [[SRS]] and [[SKF]] drop down the garbage shaft almost makes me want to come out of retirement. Almost.
I see the retards from [[TMA]] caught an upgrade and have now been anointed the “Cadillac of Mortgage Companies,” once again. As you readily know by now, bank, brokerage or homebuilder bankruptcies are ILLEGAL in this country and will not be tolerated. Upon dealing with the worst housing market in 100 years (FNM CEO said that today), the Fed will pump liquidity into their wallets, in order to allow them to make the same mistakes—again.
Once again, in case you didn’t know, America’s new mantra is “survival of the fittest and all the weak guys too.”
If I weren’t retired, I might take an Atlantic City gamble on [[SMN]] and [[SRS]], down at these levels.