Archive for March, 2009

Where will the slide stop?

Thursday, March 5th, 2009

Some times there a bad feeling, is there a bottom? Or  are we in a riding a roller coaster that does not have a bottom!

Any big company that is in the news is only giving bad news. And all and any news that is coming out is driving the markets down and making us [...]

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Red on all boards!

Thursday, March 5th, 2009

Yesterday was good up until the end of the day and stocks lost half the gains for the day in the last hour. Today it is a Blood color again on all three major indexes.

When will the slide stop – We all just need that one question answered so we can jump into the [...]

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What is Rush Limbaugh to do with Economy?

Thursday, March 5th, 2009

Saw Rush Limbaugh on the TV like CNN and FOX and MSNBC few times before yesterday.
Yesterday I get to watch TV for some time and I could not escape from RUSH.
All three networks keep covering him and President and white house staff trying to defame him and associate him with Republican Party.
Hello, we are done [...]

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Is Bank of America a Good Buy!

Wednesday, March 4th, 2009

About a week ago when they went to their lowest price I asked discussed with a friend if BAC is a good buy, we both decided it is a good buy at that time.
But did not buy them: In the next week they went higher and I thought I should have bought them.
After couple of [...]

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Rebounding Day for the US Markets

Wednesday, March 4th, 2009

Markets had a good day, all three major indexes were up and the page looks green. Hope that is the same for all portfolios and not just on select investor’s pages.
GE dipped to 18 year low – One of the legendary companies and an American Icon.
Looks like their Finance arm is the one that is [...]

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Obama : US equities are currently a good buy

Wednesday, March 4th, 2009

President Obama made an unusual statement suggesting investors to buy now.
 
Well, He is the most popular president and let us all hope this will stir the investors to buy and will revive the market.
 
What if the market still goes down? – It will get him a negative remark but if it kicks of the stock [...]

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Looks like we are at the bottom!

Tuesday, March 3rd, 2009

Interesting day to watch.
Day started up and then went down - Went up and ended down!
If the end result is a down day: Why is this interesting?
My personal opinion on the market is I like stable days then one sided days whether it is up or down!  Stable days indicate a settled mentality form the [...]

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Are we at the bottom?

Tuesday, March 3rd, 2009

This is probably the biggest question on all the investors.  some of them are past investors who lost everything.  And some are trying to invest whatever they salvaged so far.
Last week I believed we are at the bottom until I saw an interview from the guy who wrote the book Irrational Exuberance and he kind [...]

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What a bad day!

Tuesday, March 3rd, 2009

Dow lost almost 300 points to end the day at 6,763.29
12 year low  only seen in 1997 the most recent.
Mainly blaming AIG for the trouble.. which reported the biggest los for any corporation in a  quarter.
This is one of the companies the goverment bailded out.

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AIG Gets $30 Billion More Aid from U.S. Government (TheStreet.com)

Monday, March 2nd, 2009

The U.S. Treasury and Federal Reserve released details Monday on a restructuring plan for AIG, which reported a record fourth-quarter loss of $61.7 billion.
More: continued here

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