A bunch of stocks were being mentioned as valued at 0, including GM and AIG. And more future public billions were in the talks of being handed over to these failures. How difficult would it be to have the job of the GM CEO? I mean anybody can run a business into oblivion. That is regardless of age or education. Heck, I will do it for free, failure guaranteed, just keep the bonus coming.
Aah, it is not nice to poke fun at captains of industry.
Again we had more new lows made.
Financial sector was a big drag on S&P. Goldman Sachs has been having heavy days down. If this is the blue chip of the blue of all houses of paper, may God have mercy on red ones.How hard is it to run Goldman Sachs? By the look of the chart, there is no running, just falling.
General market had Low volume and lacklustre action. I mark today as a non event. It, however, was interesting that the gap at the open, probably induced by spending news out of China, was sold off right from the get go.
It was also interesting that market went to the neighborhood of 912 level, which we have been keeping an eye on, dipped below it, and climbed back up.
All in all, status quo in my books.
It was also interesting that market went to the neighborhood of 912 level, which we have been keeping an eye on, dipped below it, and climbed back up.All in all, status quo in my books.
Posts
0 comments:
Post a Comment