- Interview at my previous employer, the Salt Mine, tomorrow. I've been away from there over four years now. Time flies. I went back and found the previous blog entry where the Salt Mine had made me an offer to come back. That was two years ago! Not too anxious about the interview.
- The more the government intervenes in Wall Street, the worse it seems to get. Another big meltdown today. The SP500 is now under 1000. Boy, for those who had their money on "secular bear market" in 2000, looks like you nailed it. Will the SP500 retest 800? Closing in... Maybe in a couple of days at this rate.
- Good news? It can't go below 0.
- No reason to even talk about technical indicators. Worthless right now as we're entirely watching the news for what the government is doing next.
- Sentiment is horrible. Everyone here at the Fun Factory is watching their portfolios melt down.
- How the government forced us into the subprime mess. This whole mess was another Big Government program .... It started with great intentions but resulted in typically awful unintended consequences that materially hurt the very people they were supposed to help.
- And folks want the government to take over health care? Subprime health care for everyone?
