Friday, February 29, 2008

Happy Leap Year

Dell eps weren't spectacular and AIG reported a $5 billion loss to set the tone. The S&P is down 13 points, oil is around $102, gold is ripping again and the dollar continues to get pounded here. If the market can rally today through all this I would be impressed and it would lead me to believe that we are near a bottom. However I don't think that is how it will play out. Some more pain ahead folks.


About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.