The market is crazy. Just crazy. Did you watch the last few minutes on TV? Straight down. The gains that looked like they might hold evaporated.
Black Ice
- Yahoo Finance said yesterday that bargain hunting sent the market higher. today? Profit taking.
- The Fed cut rates by .5% down to 1%. That's pretty low.
- "Downside risks to growth remain." So say one, so say we all. GDP out later this week, and -.5% is best guess right now. Folks who hate Bush can't seem to wait for the official definition of a recession to come true. (Two negative quarters of GDP). Don't want that on Obama's watch, after all...
Gimme Free
- Say, using your iPhone at a Starbucks, for no more than two hours a day, is FREE!
- Hey Bernanke, FREE is better than 1%.
- Don't you think long-term rates will be coming down?
The Glass is Half-Full
- Netflix to offer HD streaming on all streaming devices (XBOX, Roku, etc). Just 300 at first. But you know more will be coming.
- Buying a Netbook and concerned about battery life? Solid-state drives a better choice than the hard-disks.