Candidate #1: Ralph Nader... | | | --- | | | Or candidate #2: John McCain | | | --- | | | Who do you think is older? McCain? Nader? Answer... Nader! Ralph Nader is 2 years older than McCain. Frankly I was surprised by this one as I thought McCain was the oldest of the group. I thought Nader was...

I think yesterday the deal with Citigroup, and now the acceptance of such a deal by Merrill Lynch will be the corner that turns the market. The deal means that small investors will get their principle back at face value. Larger investors do not get to benefit from the deal. I feel the reason why...

Congratulations SEC...  The SEC reached a tentative deal where Citigroup is held completely liable for the mismarketing of Auction Rate Securities. This means Citigroup is giving up any ability to debate their penalty or costs. In specific Citigroup will neither admit nor deny breaking any security...

One year into the credit crisis, and one year after Cramer's rant. I decided to take a look at what I was thinking in August of 2007? On August 28, I said the following: > So you see Tom, I can’t be optimistic. There are too many crossed signals floating about. I will still be trading, but I feel...

I am tired of Cramer... I am tired of Fast Money...  I am tired of the drivel called CNBC America...  CNBC America you just converted me to Bloomberg TV. CNBC Europe I still like for the most part. CNBC America has jumped the shark. CNBC America has turned into a sort of show that is akin to...

I decided to take a look at my S&P prediction that I made in February. In specific let's look at the chart from February. | | | --- | | | Let's compare that to the actual S&P chart. | | | --- | | lookingback | The black arrow on the S&P is the time when I wrote the blog entry that made the...

Wow, to watch Fast Money one last time I decided to flip to CNBC, and what happened? Whitney talked with Maria... Wow, my two favourite ladies (NOT!) I am SO GLAD I watched Bloomberg... Objective information and not drivel... So Maria asked her, "what do you think of these shorting rules?" Her...

When I hear people talking about the SEC and shorting (mainly on CNBC America) I see how people are mixing apples with oranges. The SEC has instituted the rule that to be able to short you need to have the shares ahead of time. The problem is that many think the SEC rule is against shorting, when...

I have not been posting as much as usual. It has been a really busy time for me. I have a whole lot of blog posts that I need to release and simply have not had the time. Though in the next couple of weeks things should ease up a bit for me. What's new? Well I am writing algo trading routines, that...

In February I did a simulation of the market. And if you look at how I predicted things, it has turned out to be pretty much on the money. My tops and bottoms are not completely right in terms of values, but pretty close. Closer than I expected. Along comes RBS and says the following. > A credit...