Wednesday, December 3, 2008

UnAmerican

First, I have been making notes so I can write in more detail, but in the meantime stocks are so jumbled up, I need a sounding board for my thoughts.

Anyways, the Chrysler exec is who I am referring to when he makes this comment

Chrysler exec: Failure could spark depression

All we hear is depression this or depression that, and always ending up at the Great Depression, and what was so great about that?

Anyways, third day in a row where we are seeing extremes in GM and GS in relation to the market. Today is no different as the market is tanking and GS is up on the day by $2. I think this is a standoff between moronic comments by a Chrysler exec vs. shareholders of GS.

The positive is that it is not a see of red. I am neutral, but the cheaper stocks are holding their ground. Look at CBG, C, NCC, AMD, SNDK, TSN, JNS, LGF so we'll see.

I say: WHAT WON'T MAKE US DEPRESSED, WILL ONLY MAKE US STRONGER!

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