Wednesday, August 27, 2008

Hurricanes and Bank Failures

Gustav has eased for now but many folks feel it has Katrina type potential. I'm still on guard for more bank issues and am staying far away from the financials.Energy should be volatile the next couple of days until we find out if this hurricane fizzles or gains strength. Yes, you have to be meteorologist too these days to play the market.


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.