It seems that this December will be the best December for the NASDAQ since the bubble years…

Hmm… No problem here…
Amazon PE = 82.98
Google PE = 40
Apple PE = 33.73
RIM  PE = 20.36
Outside of RIM the valuations are just as bubbly! 83 PE for Amazon! Yeah yeah Cramer said this was a bargain, but let’s be real its not a bargain!
The stock market is in a bubble folks…
I am not saying that you should not buy stocks. But let’s be real, valuations are quite pricey here.

Yes, now the next rating agency has decided to downgrade Greece. Not to say that one should not downgrade Greece.
"The government remains committed to the implementation of the reforms announced…and will intensify its efforts to restore the viability of fiscal and economic trends in Greece," the statement said.

We shall see…

But what gets me, is the ratings agency credit worthiness of California. California is rated A+, and so is Louisiana. Yet, is California worthy of this rating?
But the fact that California still has been able to borrow tens of billions of …

Let’s go through my 2009 predictions and see how they did.
Land of Perception: Ok this is dead easy, yes I was right. The bears could not believe what was happening and if there ever was a rally that had so much negativity this year was it. You only need to read the bloggers; Peter Schiff, Mish, and Frugal to see that the world is coming to an end even though it has not.
Long Term Investing is Not Dead: Again yupe I was right. Amazing last year people said …

Ray made the following comment:
This type of commentary cracks me up, do you retract it if gold is up on Monday? I personally believe it’s crazy to be putting money in stocks or thinking the dollar will rebound but I don’t jump off a cliff based on each single days activities or call people idiots based on a fall (or rise) in a single day

Ray is right, do I retract my comment? Answer no, and gold is up. My point in that blog entry was the following.
Peter Schiff made the …

I have heard from friends and colleagues about our vote. You know the vote against Minarets. What is interesting in this vote is that right parties in Europe congratulated Switzerland. Muslims are angry, and the debate goes on.
But what I wondered is how come? Why did the vote go through? It seems and this is probably going to get lost in the rhetoric. It was women.
Über die Hälfte der Stimmbürgerinnen von links bis rechts hätten sich für das Minarett-Verbot ausgesprochen. Ein wichtiger Grund seien feministische Argumente gewesen.

The vote would not …