I read this article and it said, "oh there is a descending triangle forming and that spells bad news. Really? It does? Why? Because analysts say so? > "We know only that 'triangles' such as this one tend to resolve themselves to the downside,'' writes Dennis Gartman this morning in The Gartman...

I keep hearing Fast Money and its rants! They keep saying, "oh the automotive industry is not doing any changes" Well I am going to keep the FastMoney crew honest! GM Labor Deal 2007 > GM, Ford Motor Co. and Chrysler have a combined $90.5 billion in unfunded retiree healthcare obligations on their...

I have to admit that my statistics model was walloped. Hey I was wrong, and that happens. About a year ago I did simple trend analysis of the long term DOW (since 1929) and what I saw I did not like. It said that we would reach levels that we are at now. So why did I not talk about that? Because I...

So I watched Meet the Press with Tom Friedman, and here is what he says: > Remember, what was Detroit's plan two years ago when they, when they confronted this problem?  It was to subsidize gasoline at a $1.99 a gallon if you bought a Hummer or Suburban or a big truck--that was their idea of...

Yes I believe in free markets, but the problem is that free markets can't control themselves. And from none other than George Soros did I hear an argument that supports my belief. > Reflexivity, financial markets, and economic theory > > Soros' writings focus heavily on the concept of reflexivity,...

Here is what you have to wonder about. China is a country that is suffering, and is a country that will collapse. At least that is what people are thinking. For example here is a quote that I heard in the media (CNBC Squawkbox). > "China is a construction story, and you have to wonder why they are...

I listened to Friedman's rant on how wrong the big three are and that they should not get any money, yada, yada, yada... Folks, I have been involved both directly and indirectly in the automotive industry since 1985! My father used to a VP/Plant Manager for Magna, and Grammer. I myself have worked...

I was doing some thinking on the new American President and the current president. In particular I wanted to know how the market did for some presidents. So I looked back at the DOW and looked at the dates when each president was in office. I came up with the following table. | | | --- | |...

Oh where, oh where, is the capitulation. As I said before it ain't gonna happen! And the reason is algorithmic trading. At IB there is the vwap algo, and its purpose is: > To achieve the Volume-Weighted Average price (VWAP), calculated from the time you submit the order to the close of the market....

I have always admired Colin Powell ever since the first Gulf War. Colin Powell being a proud American reminds me of all the good that America can be. Just like Warren Buffet! These two individuals represent the good and what America can be. The following comment he said, says it all and should be...