Stocks, charts, risk management & coffee

With leadership like this, is it any wonder prices have rolled back to 2003?
Enough politics … Today’s charts:
First, not to keep showing the same charts, but I think it is important to keep your eye on the ball. We are at critical support on both on the Dow and SPY.

Unfortunately, Prophet is a little bit [...]

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§85 · February 18, 2009 · BYD, Bond Funds, DIA, HYG, JNK, LVS, MGM, NSH, PEGA, PTM, Pelosi, Precious Metals, SPY, Stanford · View Comments ·


I was reading an article posted on Drudge regarding tough times in Las Vegas (http://www.ktnv.com/Global/story.asp?S=9831778).
Earlier in the week, Obama said at populist rally:
“You are not going to be able to give out these big bonuses until you’ve paid taxpayers back, you can’t get corporate jets, you can’t go take a trip to Las Vegas or [...]

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§78 · February 15, 2009 · Frank, Obama, Pelosi, Politics, Reid · View Comments ·


With these bozos running the show, is there any doubt that support on the major indexes will not break? Perhaps not a question of if but when?
It is great that Congress voted on the bill even though must of them didn’t even read it before voting. Great job guys.

“Democrats released the text of the plan [...]

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§77 · February 14, 2009 · Frank, Obama, Pelosi, Politics · View Comments ·