I’ll give myself an attaboy

I called the cut of 75 bips on my post last night,that never happens. Wish I could have turned it into more green today,but doing ok. It was a gas to see Rick Santelli from the pits in Chicago this morning putting Cramer in his place. Man,did he call him out.

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Giving it all back

That’s why you have to be so careful. Wow. That was a fast kneejerk bounce and then a turn lower. We will see how this reacts through out the day. Treasuries are rallying which is always bearish for stocks. Let’s see if our “friends” around the world can step up and cut rates today too…..

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Market Update

Even the most cock eyed optimist would be running for the liquor cabinet if he or she is watching Bloomberg right now. NIKKEI-( -4.5%)DOW– (- 4.5%)HANG SENG (4.9%)S&P ( -4.6%)NAZZ (4.3%) Uncle Ben needs to leave the mahogany grill room at the Princeton club and cut 75 BASIS POINT TODAY!!! What the hell go 100…

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Stock Market Meltdown

Stocks are tumbling from Hong Kong to Europe and U.S. futures are showing their deepest drop since 9-11 on rising speculation we are now in the midst of a worldwide slowdown and that company defaults will rise. Oil is down almost 11% from Jan 3 high as it recognizes the impact of a global slowdown….

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