Monthly Archives: January 2008

Testing Patience

David Gaffen of the WSJ had this to say:Don’t like what the stock market is doing? Wait a few minutes. The Dow Jones Industrial Average was lately up 111 points, after losing nearly 200 points at one point earlier in … Continue reading


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A Non Event

Despite all of the hoopla and anticipation of the Wednesday’s interest rate cut, the markets ended on a down note. In a way, it may have been a classic “buy the rumor sell the fact” type of outcome. Personally, I … Continue reading


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A Gold Bubble?

As you know from my recent posts and updates, we are still holding a small position (10% of portfolio value) in gold. With the financial markets mired in uncertainty, is there more upside potential for the metal or will the … Continue reading


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Who Is The biggest Subprime Investor?

Ever since the Subprime crises started, I’ve been curious as to whether there was one entity or institution that had the biggest exposure to Subprime slime. I found the answer as I was reading Bloomberg’s article “SEC to Rework Rules … Continue reading


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Sucker Punched?

This weekend, I was reflecting on some of the wild events of last week, including a rogue trader’s loss of some $7 billion of France’s number 2 bank (Société Générale), and the Fed’s once-in-a-lifetime 75 bp interest rate cut. As … Continue reading


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Sunday Musings: The Blame Game

As you know from my writings, I am certainly not in favor of some of the strong-arm tactics or empty promises that are used by certain brokerage firms to land new business at all costs. However, I also believe that … Continue reading


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