Bullitt

Don’t stop. Don’t stop the dance.
Brian Ferry, Roxy Music

Sounds like the theme song being sung not only GM, Citigroup, GMAC and other ‘vilified’ lending institutions, but also for the guy that speeds through a left turn signal just as it turns red in his BMW SUV- and talking on his cell phone. To that person, image and perception isn’t everything, it’s the only thing. Out in public he may appear all important and mighty talking on that brand new ...

Yep, all eyes on the Dollar, and the jury says it's going lower. It's not a good thing to read about a declining dollar in your local newspaper. The demise of our currency almost seems like too sure a thing to me but if it goes lower I'm hoping my UNG purchases begin to give me some kind of inflation hedge. Not that I want high gas prices, but you've gotta do what you've gotta do...

From a bullish standpoint, I'd like to see a good 20% drop to wipe out the players who bought the ...

So the market has quickly rallied some 30% from it's low of 666 & change, and the mood is brighter than it was six months ago, but are things really any better? The 30% rally only means something if you actually bought somewhere below 700 and are either still holding on or cut out with a 20% or so gain. Even if you did manage to pull it off, your portfolio is still probably down some 40% from last year, right?

Things are actually probably worse in many ways compared to 6 months ago ...

It's probably safe to say that we're going to continue witnessing the unwinding of a multitude of excesses for years to come . We all have access the thousands of blogs, market gurus, stock charts and newspaper articles, but it's very difficult to cut to the chase and really understand what's going on here.

Long story short. The largest generation in history is soon to 'retire' (I use that in quotes for a reason, more on it shortly) and is just realizing that more often than not, ...

If the bears could have taken it down past 740, then why didn't it happen yesterday or today?

There are so many people who are still fighting the last war here. My cousin is buying a house here soon and he's going to get a $7500 tax rebate. Guys, this is like buying a house and not having to pay for closing costs. He's going to use that 'rebate' money to put a on a new roof, water heater and windows in the house (windows and water heaters also bring a tax rebate).

The ...