Archive - Sep 9, 2010 - Blog entry

Markets will do whatever they have to do to screw the most people. In every election since 1950, markets rallied for six months after the midterms, setting up for a nice yearend rally. One more flush in the indexes, and a 950 SPX gives you a PE multiple of 10, the lowest it has been for years. After firing people to boost productivity and profitability, the end September earnings reports should be pretty good. (SPX), (ECH), (TF), (IDX), (EPOL).

Judges, get your judges ... bulk discounts available ... JUDges!

Feel free to call your broker or sell side analyst who tries to get you to buy RIMM and show him this post. If they challenge further, my contact info is available on my site. The writing is on the wall.

This story, more than anything else I’ve seen in recent weeks, sums beautifully the current political/ economic situation for the US today.

Here's the trailer for what will likely be a must watch documentary, Inside Job, directed by Charles Ferguson, opening October 8th in America.

Nothing to this at all. Just move on to the important stuff.

In response to HP's suit against its former CEO Mark Hurd to block him from working at Oracle, Larry Ellison threatened the suit could jeopardize the 25-year partnership between HP and Oracle. Whereas in fact, if anything Ellison was trying to instigate a fued with HP.