My $10000 Dollars

David Kellerman, the acting CFO of Freddie Mac was found dead Wednesday morning, of apparent suicide.  What 41 yr old with two young daughters ends his life and leave everything else behind, driving the rest into misery? WSJ thinks it may be a potential accounting scandal. Investigators have been questioning Freddie officials about possible accounting [...]

I’ve been learning a lot more about how close of a tie the government and the banks have, especially Goldman Sachs.  Goldmansachs666.com posted some of the big ex-Goldman names today.  Mike Morgan also swore that a more comprehensive list will blow people away (still in the works). Robert Rubin – Former United States Treasury Secretary, [...]

You often hear people talk about using the VWAP, or Volume Weighted Moving Average Price, as a trading tool, especially for day traders.  Well VWAP is a measure of the average price a stock traded over the trading horizon (usually a day).  This essentially shows what the average traders are paying for a particular stock.  [...]

Got out of my leveraged position today given how the market was behaving.  Bank of America posted positive news…yet the banks were tanking.  Not good.  I decided to sell my most leveraged one (FAS) while maintaining my position on UYG.  I’m not quite ready to sell since it’s at a critical level and may see [...]

Watch this video by Frank Sorrentino interviewed on CNBC…he claims stress tests aren’t necessary because no banks will fail.  I can’t wait to see the outcome. On April 24th, the government will announce the details of the stress test followed by the result on May 4th.   It should be interesting…I haven’t found many people that [...]

Man Nationwide is getting desperate bringing Sanjaya in