Archive for January, 2008

S&P 500: 1350 Revisited

Monday, January 21st, 2008

The Spoo blew right through 1350 last week, settling at 1325 on Friday. Tonight it had a 50 handle at its low, but the 50 handle had a 12 in front of it. Scary. I told a friend on November 6th that I felt we were going to embark on a bear market that day, […]

Decoupling? Globalization for Traders

Monday, January 21st, 2008

Last week I saw Peter Thiel on CNBC say that emerging economies are in fact decoupled from the US and will carry on in the face of the slowdown here. No. The markets tonight and yesterday are telling us no with Asia and Europe down 7% in a single session. There is a great trade […]

Nancy Pelosi is a Sock Puppet

Thursday, January 17th, 2008

After seeing the interview with Nancy Pelosi today, my stomach flipped. If she said INNOVATION AGENDA again one more time I was going to throw my TV out of the window. This is a person clearly out of her depth. In her defense, I doubt there are 2 people in all of Congress with sufficient […]

What I Would Say If I Were Hillary

Tuesday, January 8th, 2008

I am not a fan of Hillary Clinton. But as I watch her campaign falter, based on the notion that she represents stale experience in the face of the Obama Cult-Of-Personality juggernaut (and it is the cult of personality that makes presidents these days, just ask Hillary’s husband), it occurs to me she has a […]


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