And I think you know what we mean when we say "tool".  Old Dennie boy was up to his antics again last night.  He was calling out all of the bloggers who dissed his "recession is over" call as mean spirited, bitter, recluses basically because they disagreed with his idiotic call.  He issued a challenge I guess to a few of these writers to come on his show and "debate" him on his call. 

Evidently only one person took him up on his offer, a gentleman named " ... Read More

Well, well, well, once again Jim Cramer is going to be wrong.  Cramer has been going on and on for months now about the bottom in Housing coming no later than the end of June, 2009.  Last night on his show he declared the "official bottom" for the Housing market about 2 weeks before his self imposed deadline. 

Keeping it all in perspective, remember that sometimes listening to Cramer can be very dangerous to your wealth.  Recall if you will that he was sa ... Read More

Wanted to do a quick update on where I think we are in these great unchartered waters.  Today the market closed up 96 pts right at 8500 on the DOW.  It seems like things just want to keep going up for now.  I was thinking this morning that the fundamentals may not matter anymore and I am kind of on the fence with those thoughts.  What I mean is we keep hearing about recovery this and recovery that but what is it all really based on?  The market is up over 30% from the ... Read More

Something I have been convinced about for quite some time is that we are really not close to a bottom in housing.  I remember back in March of 2006 when subprime first reared it's ugly head in the mainstream media.  I remember Bernanke coming out and saying that the subprime crisis was unlikely to spill over into the broader market and economy.  He also said the cost for the whole fiasco would be somewhere in the neighborhood of $50-60 billion dollars.  As we all know that ... Read More