Monthly Archives: December 2008

THEN:  Imagine the mentality of the average citizen in the late 1920’s.  Things were too good to be true.  American … Continue reading →

NOW:  This is a brief update to calm those that are feeling they need to buy something prior to the … Continue reading →

NOW:  Until the FOMC cut short term rates to the new range of .25% to 0% (thank goodness they didn’t … Continue reading →

NOW: Guys (Congress, Treasury, President Bush, et al), absolutely NOTHING you have done about the economy has been correct or … Continue reading →

NOW: For those who missed it, the yield on short term treasuries fell to zero yesterday. This is the … Continue reading →

This is just a quick note to update our three long trades for DDM that have performed nicely in the … Continue reading →

THE UGLY:  The government just reported that the economy lost 533,000 jobs in November, the worst loss since 1974.  Clearly, … Continue reading →

The Port Authority of New York just tried to hold an auction of $300,000,000 of bonds and NOBODY cared.  That’s … Continue reading →