Thursday, December 11, 2008

Jobless Claims On Tap

Detroit is flush, and I am hearing they are driving down to Bourbon St. to celebrate with the AIG folks. I hear the shindig is being hosted by the banks and is being funded by TARP funds. I'm sure there will many laughs at our expense.

Jobless figures are out at 8:30 as we wait for a Thursday follow through or profit taking. Good luck today.

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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.