Ah yes, when Apple does something sinister its ok because Apple wants to "control" the experience, and well Apple is the "good guy".
Apple CEO Steve Jobs has confirmed that the iPhone 3G has a kill switch that can remotely remove software from the devices.
Jobs told The Wall Street Journal that Apple needs the capability in case it inadvertently allows a malicious program — such as an application that steals user’s personal data — to be distributed to iPhones through its App Store.
"Hopefully we never have to pull that lever, …

Folks, my prediction on the S&P went beyond my wildest dreams, and basically was spot on. Though the question is was I lucky or not?

Everybody wants a panic sale, they want a capitulation. Well folks I am willing to wager that it will not happen. And I think darkpools have something to do with this. Consider the following and the original.

Dark pools are on a hot streak. They’re tearing through volume records and turning into big-league market centers in their own right.
Goldman Sach’s Sigma X dark pool yesterday executed 406 million shares, making it the seventh-largest market center for U.S. equities. That put Sigma X in line behind Nasdaq, NYSE Arca, the New …

I have become completely skeptical of analysts. I am even at the point thinking, what their motives are. Here is an interesting example:
An immature chipset solution from Infineon Technologies AG may be at the root of reported connection problems with Apple, Inc.’s 3G iPhone, Nomura analyst Richard Windsor said in a note to clients Tuesday. He said some iPhone users are having trouble getting a 3G connection and hanging on to it.

So I was reading the losses, writedowns and what have you at UBS. Yes yes it is all doom, gloom and boom…  However, something did catch my eye.
Last week, it agreed to buy back almost $19 billion of bonds after New York State and others sued it for steering clients towards auction-rate securities — debt which became impossible to sell after the market froze. UBS said this would cost it $900 million.

This is very interesting. UBS is buying 19 billion dollars of debt, and the cost of doing this …

Candidate #1: Ralph Nader…

Or candidate #2: John McCain

Who do you think is older? McCain? Nader?
Answer…
Nader!
Ralph Nader is 2 years older than McCain. Frankly I was surprised by this one as I thought McCain was the oldest of the group. I thought Nader was maybe 60, but he is 74 years old.

I think yesterday the deal with Citigroup, and now the acceptance of such a deal by Merrill Lynch will be the corner that turns the market. The deal means that small investors will get their principle back at face value. Larger investors do not get to benefit from the deal. I feel the reason why this deal is important is that the small investor can feel good about themselves again.

Congratulations SEC…  The SEC reached a tentative deal where Citigroup is held completely liable for the mismarketing of Auction Rate Securities. This means Citigroup is giving up any ability to debate their penalty or costs. In specific Citigroup will neither admit nor deny breaking any security laws. Citigroup is going to have to pay monies to holders of these auction rate securities that were hurt. In questioning this will amount to around 7.5 billion auction rate securities. From a shareholder perspective you could argue Citigroup gave up too easy and …

One year into the credit crisis, and one year after Cramer’s rant. I decided to take a look at what I was thinking in August of 2007?