- Another down day for the market, but on relatively light volume. Everyday counts, and now we've had two significant days in a row of selling that brings the SP500 just below the 50dma. Hopefully, this will act as support. For those looking for a pullback to get in, maybe this is it. With stops, of course. Could be back down to the lows. But we're at the 50dma so worth watching closely here.
- The easy blame goes to President Obama rejects the automakers plans, as GM and Chrysler may face bankruptcy. I doubt it, as I can't see Obama letting the bankruptcy courts throw out the union contracts. But what strange negotiating tactics to say that Chrysler has a 30-day deadline to work out a deal Fiat. Doesn't that put Fiat in the driver's seat in the negotiating game? Fiat can wait it out, try to get the best deal, or let it go bankrupt and try to swoop in on assets. What say you?
- Still following Natural Gas, via UNG. Just a feeling on this whenever natural gas gets below $4, it's going to bounce. Oh, 5 reasons Natural Gas is going to bounce. Just for reading, that's all.
- Darn, Louisville. My 5-1 ticket is dead, Jim.
- Battlestar Galactica over? No. Battlestar Galactica: The Plan coming this Fall. Cool. Although, if they say it was all Bobby Ewing's (or Bob Newhart's) dream, I'm going crazy.
- Top 10 Battlestar Galactica WTFs. LOL. Yeah, the Starbuck thing was really stupid. I'm talking Triple-O Stooopid. The whole show was tough to watch this last season, and it wrapped-up oddly. JMHO, of course.
- 10 Business Lessons from Battlestar Galactica.
