A Well Deserved Thank You From Goldman Sachs

The Recession Is The Cure

Is Peter Schiff the only voice of reason out there. This is a great collection of clips of Peter from the "Market Cheerleaders" financial shows.

I am still short with BGZ going into Friday 1-10-09.

"Sitting On The Dock Of The.........

That's right, day two of just "sitting on the dock of the bay".......well, not really. But I am sitting on the sidelines. In a market like this there is no reason to make a hero out of yourself. Until this bailout....whoops, I mean this new financial bill is passed you are asking for trouble. At the beginning of the week we all felt it was a done deal and we were just guessing exactly what it would look like. At this point let's sit on the side line. There is no reason to take a knife for anyone or any stock.

My guess is that by Monday we will know if we are eating steak this winter...or beans!