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Commentary
House Passes Bailout Bill
The US House of Reps – the lower house – equivalent to our Lok Sabha – has passed the bailout bill. The Dow is down to +99 from it’s ...
Charts & Analysis
System Trading Performance Update
A system trading update: now we have two systems in operation. The first one is running reasonably, up 19.11% since Jun 08, unlevered. This translates to ...
General
SOS Update: Up 8.84%, no changes.
Here’s my short only strategy update: Up 8.84%, with the call write doing very very well. I’m not changing anything. I’m kicking myself for ...
Commentary
Buffett Interview: Markets, excesses, bailout, fear
Listen to a one hour interview of Warren Buffett. Interesting thoughts: In my adult lifetime I don’t think I’ve ever seen people as fearful ...
Commentary
Short term interest rates scaling new highs
LIBOR’s up to the highest level this year: The London interbank offered rate, or Libor, that banks charge each other for such loans climbed 6 basis ...
Commentary
Will the Bailout really change anything?
Thoughts: Look at Calculated Risk’s “ForeClosure Alley” post. The video there is fascinating – of entire neighbourhoods hit hard with ...
Commentary
Homeowner Moral Hazard
If you were a homeowner who was “underwater” – your outstanding principal on your loan was greater than the assessed value of the house ...
Commentary
Bailout Plan Rejected, Dow Down the Toilet
From Yahoo: Fear swept across the financial markets Monday, sending the Dow Jones industrials down as much as 705 points, as the financial bailout package was ...
Commentary
Random prediction: Mumbai Real Estate will fall 50%
So all the realty folks are saying that of all places, Mumbai will see the least impact on real estate prices. Meaning, even if prices drop, Mumbai won’t ...
Commentary