What Was THAT?

The bottom dropped out of the market today. The Financials fell apart, GM hit a 53 year low, the Dow crash through its year-to-date lows. The broader indices posted their worst June since the Depression.

What was this — the beginning of the end, or the end of the beginning? How bad is it — are we going to 10,600, like Louis Yamada said?

Or is this a bottom, a great buying opportunity? Barton BIggs said the worst was over for both the economy, stocks (unfortunately, he said it a month ago in the WSJ).


What say ye?

Category: Markets, Psychology, Trading

Quote of the Day: Oil & Recessions

Category: Economy, Energy

When Does GM Get Kicked Out of the Dow, part II

Category: Financial Press, Index/ETFs

New 2008 Lows For Dow — But Not SPX or NDX

Category: Markets, Technical Analysis, Trading

Exisiting Home Sales Fall 15.9%

Category: Real Estate

GDP Final = 1%

Category: Data Analysis, Economy

Barrons.com: No War, Economy Expanding

Category: Economy, Financial Press, Psychology, War/Defense

Doug Dachille & Gary Kaminsky discuss Fed, Rates, and Inflation

Very interesting video from SquawkBox Wednesday morning — I thought Doug Dachille of First Principles Capital Management did a nice job and Gary Kaminsky Neuberger Berman is always solid.


click for Video

This was not Joe Kernan’s finest interview . . . especially later in the interview.

Part II is here:

Category: Commodities, Economy, Federal Reserve, Inflation, Video

George Carlin on HBO

Carlin_main_w_interview George Carlin recorded 14 live comedy stand up specials for HBO, over the course of three decades.

HBO will air Carlin’s most recent live comedy special, "It’s Bad for Ya," at 9 p.m. Friday, June 27.

Tonight and tomorrow, HBO2 will air 11 of those earlier shows:

Wednesday, June 25th
8:00pm   George Carlin at USC (1977)
9:00pm   George Carlin Again! (1978)
11:00pm  Carlin at Carnegie (1983)
12:00am  Carlin on Campus (1984)
1:00am  Playin’ with Your Head (1986)

Thursday, June 26th

8:00pm  What Am I Doing in New Jersey? (1988)
9:00pm  Doin It Again (1990)
10:00pm  Jammin in New York (1992)
11:00pm  Back in Town (1996)
12:05am  You Are All Diseased (1999)
1:00am   It’s Bad For Ya (2008)

Also, this weekend, NBC will be running the very first ever 1975 Saturday Night Live, hosted by none other than George Carlin. Its a must TiVo show.

Those of you who may not be all that familiar with Carlin’s earlier
works should especially catch the 1970′s and 80′s work. Its probably
tame compared to what you are used to today, but Carlin was groundbreaking. Most modern comics owe a huge debt to Carlin.

For those of you without HBO, there’s always the complete set: All My Stuff   



George Carlin (1937 – 2008)

Category: Politics, Psychology, Television, Video

Uh-Oh: I Am On Notice

On Notice


The Stephen Colbert "On Notice Board" Generator via Muckdog

Category: Media, Video