But I'm not allowed to short GM or GE, so it's all good. As I write this, Goldman Sachs (GS) is up $11+ in after-hours trading on word that Berkshire Hathaway plans to invest $5 Billion in it. That news could setup a rally tomorrow...stay tuned. _______________ Tags: tr ... Read more
Yes, that worked well. Just one example - Capital One Financial (COF), added to the "banned short sale list" today. Not only did that action help stabilize COF, but it provided breathing room for a rally. Or not. Dow, -372.75 (-3.27%) Nasdaq, -94.92 (-4.17%) S&P 500, -47.99 (-3.8 ... Read more
How the hell could you be my father...you are a year younger than me. There is good coverage and analysis of the past week's action on Trader Mike's blog (as always, of course). And if you are looking at this blog and not reading Trader Jamie every day, I have to ask..."why"? ... Read more
On this historic day, I felt it my duty to share with you exclusive video I received through one of my "very high up" contacts. The video in question shows the U.S. Government's attempt to fix the financial crisis: < param name="allowFullScreen" value="true"> _______________ Tags: ... Read more