I Feel CNBC Crossed The Line

I have been watching less and less of CNBC. I can barely watch the FastMoney weenies. I try for 10 minutes and get so disgusted that I can only turn it off. But today I thought I would watch Squawkbox, and Squawk on the Street again. David Faber talked about something that I feel crossed the line....

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My Views On the Potential Chrysler Split Up...

In March of 2007 I said that Magna buying Chrysler would be a good thing. And I specifically said that private equity would botch this up. > Magna knows the car parts industry through and through. Thus unlike other private equity companies there is a good chance that Chrysler would survive and...

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Be Wary of the Negative Pundits!!!

I am developing this platform called HippoTrader. It is an Excel based market environment tool that is the result of working with my traders. One of the things that this tool allows is the scanning of the market as the market moves. So I decided to watch the market for the bear raid algorithm....

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Why We Need The UpTick Rule

Today I noticed something interesting going on. I noticed how there were buyers, but they were overwhelmed. And that got me to thinking. Who on earth would sell now? Seriously let's think about this a bit. If you are in deep do-do with your portfolio would you sell? Probably not. Are there...

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My Long Term Trend...

I have to admit that my statistics model was walloped. Hey I was wrong, and that happens. About a year ago I did simple trend analysis of the long term DOW (since 1929) and what I saw I did not like. It said that we would reach levels that we are at now. So why did I not talk about that? Because I...

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Wow, Tom Friedman is Talking Contradictory

So I watched Meet the Press with Tom Friedman, and here is what he says: > Remember, what was Detroit's plan two years ago when they, when they confronted this problem?  It was to subsidize gasoline at a $1.99 a gallon if you bought a Hummer or Suburban or a big truck--that was their idea of...

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