Rejected

Ulli Uncategorized Contact

The bailout package was rejected yesterday and, with Dow being down some 300 points as the announcement was made, it dropped another 300 points within seconds thereafter. Rebound attempts failed and all major indexes suffered steep losses not seen since the last bear market of 2001. The S&P; lost some $700 billion in market value and, I hate to say …

Will Gold Be The Savior?

Ulli Uncategorized Contact

With Washington’s circus performance in full swing, reader Tony had this to say: The Fed is printing all this money to create the cash needed to fund whatever form this bailout takes, right? And if, ultimately, a plan will earn a profit for US, how do we know the money will be applied to reduce the ridiculous dept they are …

Sunday Musings: My Personal Bailout Plan

Ulli Uncategorized Contact

OK, I have to admit it, the following is not my idea, but it was sent to me by reader John, and I believe it’s currently circulating on the internet. It is is one man’s great alternative to a different bailout approach. It’s simple, funny, on the spot, certainly beats the alternative and is a worthwhile read: I’m against the …

Spreading The Fear

Ulli Uncategorized Contact

The hype and angst surrounding the bailout proposal has been enormous, and I have to wonder if much of it was by design in order to shove this idea down peoples’ throats before much analyzing could be done. Dr. Housing Bubble featured an excellent article on the subject. Here are some highlights: As I eagerly await the bread and circus …

No Load Fund/ETF Tracker updated through 9/25/2008

Ulli Uncategorized Contact

My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.php All eyes are on the negotiations about the bailout plan. The major indexes lost for the week. Our Trend Tracking Index (TTI) for domestic funds/ETFs remains below its trend line (red) by -4.23% thereby confirming the current bear market trend. The international index now remains -10.28% below its own trend …

Let Mama Make It Better

Ulli Uncategorized Contact

Hat tip to Mish at Global Economics for this great rant about bailing out the big boys on Wall Street: [youtube=http://www.youtube.com/watch?v=mbD62gNi9WE]