admin on 12 21, 2010 | No Comments
POMO from the NY Fed website: Permanent OMOs: Treasury "The purchase or sale of Treasury securities on an outright basis adds or drains reserves available in the banking system. Such tra
Read Moreadmin on 11 16, 2010 | No Comments
For those of you who follow the news then you know how bad the underlying fundamentals have been. Just recently though we have seen some significant news comes out of Europe that could act as a dr
Read Moreadmin on 09 7, 2010 | No Comments
More than 400 US Banks Will Fail: Roubini Here is an article from CNBC. I have repeatedly mentioned the banks. An interesting point that Roubini makes is that the large banks are backstopped
Read Moreadmin on 08 31, 2010 | No Comments
An article and graph on the bank problem list. If anyone really believes it is getting better, we merely have to look at the cold hard facts. http://money.cnn.com/2010/08/31/news/companies/
Read Moreadmin on 08 8, 2010 | 6 Comments
Extend and Pretend – August Surprise – QE 2 – Quantitative Easing – Who comes up with this stuff? Are we on the eve of the next round of manipulation aka “Extend and
Read Moreadmin on 08 8, 2010 | No Comments
Week Ahead I think everyone understands not to fight a bullish trend, but at some point the manipulation has to stop. Quite frankly, I have thrown my hands in the air to try to see what is movi
Read Moreadmin on 07 6, 2010 | No Comments
I hope everyone had a nice holiday weekend. I find that I do more running around then I would like, but it is nice to see friends and family. I spent most of my day yesterday doing "chores
Read Moreadmin on 06 17, 2010 | No Comments
Even though the talking heads on CNBC are saying that our economy is back on track and that everyone should stop worrying it, the news that came out today should have everyone paying attention. Som
Read Moreadmin on 06 12, 2010 | No Comments
This week we only saw the FDIC close one bank, Washington First International Bank, with $520.9 million in assets and $441.4 million in deposits. We can not take one week of only one bank being cl
Read Moreadmin on 06 10, 2010 | 2 Comments
To see how we traded it login on right: Details will appear below! Update 8/20/2010 10AM Since our last update, the ETF has sold off to slightly above $19 and rallied back to $22.5 today. The
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