Thursday, August 14, 2008

Thursday Morinng

Walmart beat by two cents and European GDP came in soft as Germany showed their slowest growth in five years. Futures are bouncing and oil is up. Our CPI is due out at 8:30. Greenspan calls a bottom in housing early next year. Wait a minute, didn't he create this problem? and by the way, this is the FOURTH bottom he's called. He must have been hanging with Cramer. We'll know more after CPI.


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.