Tuesday, January 20, 2009

Inauguration Day

Today is the big day for Obama and I wish him a heart felt good luck. He has a herculean task in front of him and I hope he and his staff can stop the bleeding.

The futures are down as the market digests some bad financial news out of Europe. Nationalization seems to be the direction taken over there and the fear of adopting a similar strategy here has the markets tentative at best this morning. We (taxpayer) already have some warrants in AIG,BAC,C and many others-will we go all in ? Time will tell.

Good luck today and if you are following my financial picks, they are only valid at the designated price points.


Bob Brill said...

Have faz and fas lost your interest? I notice you have listed individual shorts.

upsidetrader said...

faz was m biggest winner today-were u on twitter?whole complex got masacred-people need to know-faz always reliable

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.