Another Fun Day in the Mkt...

motordavid · #31 03-05-2009, 10:37 PM

Well, the good news is one can skip that soda at lunch and buy a share of Citi or, 2 shares of AIG.
Wonder where all that TARP dough that they have received thus far, "goes", when they do a BK...nah,
they are "systemically important to the system".

Speaking of "systems", how do the Rating Agencies Former Geniuses sleep at night?

Hope none of us retired or, nearly so, want to try and undo that irrevocable trust set up for kids or grandkids,
just so one can make that next G5 maintenance payment...

The Mkt smells like Spring '97, but it's really early spring 2009, and no one and, no biz, is really very comfortable, imo.

Back to chasing it at a friend's 3 day Mem-Guest Tournament where almost all of us 100+ ol'Geezers have decided not
to bring "it" up, while we are enjoying the festivities; getting older is good for losing one's train of thought and,
compartmentalizing this odious situ.

See you at 6,000, for a next momentary plateau...
GL, Ol'UncleElBroko