Archive for September, 2008

  • The Third Quarter Ends
    , September 30th, 2008 at 5:24 pm

    Interesting times. On a huge down day yesterday, the Buy List outperformed the S&P 500 by 266 basis points. Today was a huge up day [...]

  • Investing in 2008
    , September 30th, 2008 at 4:31 pm

    From Guest of a Guest, the 401-keg: If you had purchased $1,000.00 of AIG stock one year ago you would have $44.34 left. With Wachovia, [...]

  • Worst Percentage Days for the Dow
    , September 30th, 2008 at 4:04 pm

    Date………………………………..% Chg 10/19/1987………………………..-22.61 10/28/1929………………………..-12.82 10/29/1929………………………..-11.73 11/6/1929………………………….-9.92 12/18/1899………………………..-8.72 8/12/1932………………………….-8.40 3/14/1907………………………….-8.29 10/26/1987………………………..-8.04 7/21/1933………………………….-7.84 10/18/1937………………………..-7.75 2/1/1917……………………………-7.24 10/27/1997………………………..-7.18 10/5/1932…………………………-7.15 9/17/2001…………………………-7.13 9/24/1931…………………………-7.07 7/20/1933…………………………-7.07 9/29/2008…………………………-6.98 7/30/1914…………………………-6.91 10/13/1989……………………….-6.91 1/8/1988…………………………..-6.85

  • The Dow Vs. the S&P 500
    , September 29th, 2008 at 11:10 pm

    As I mentioned before, the Dow held up much better than the S&P 500. The number 777 is already taken a title for today’s activity, [...]

  • The Dow Vs. the S&P 500
    , September 29th, 2008 at 11:10 pm

    As I mentioned before, the Dow held up much better than the S&P 500. The number 777 is already taken a title for today’s activity, [...]

  • This Seems Appropriate
    , September 29th, 2008 at 10:43 pm

  • Flashback: WaMu Ad
    , September 29th, 2008 at 10:35 pm

    (Via: Wall Street Fighter)

  • House to Wall Street: Drop Dead
    , September 29th, 2008 at 9:17 pm

    Today was the Dow’s worst point decline ever. The decline amounted to 777.68 points which is more than the Dow was worth at its 1982 [...]

  • HR 3997
    , September 29th, 2008 at 3:33 pm

    Well, I guess they were right..it was a partisan vote. Large sections of both parties voted against the bill. The Democrats voted 140-95. The Republicans [...]

  • Crossing Wall Street: Tomorrow's News Today, and Cheaper
    , September 29th, 2008 at 3:25 pm

    I’m not going to say I called it. But I did, in fact, call it: I’m going to be the first to call it, this [...]

  • Crossing Wall Street: Tomorrow’s News Today, and Cheaper
    , September 29th, 2008 at 3:25 pm

    I’m not going to say I called it. But I did, in fact, call it: I’m going to be the first to call it, this [...]

  • The Nayes Have It
    , September 29th, 2008 at 2:32 pm

    The bailout package goes down 205-228. Ultimately, I think the “or else” predictions weren’t credible.

  • Should Lehman Have Been Allowed to Fail?
    , September 29th, 2008 at 12:02 pm

    I certainly though so, but now the evidence may point the other way: Lehman’s bankruptcy filing in the early hours of Monday, Sept. 15, sparked [...]

  • A Vote is Due Today
    , September 29th, 2008 at 10:22 am

    It looks like the House will vote today on the bailout plan. You can read the bill here. The market, however, is not in a [...]

  • WaMu Is Undo
    , September 25th, 2008 at 10:46 pm

    Remember these used to be that company Washington Mutual (WM)? Washington Mutual Bank, the country’s largest savings and loan, was seized late today by federal [...]

  • Bill O'Reilly on the Bailout Plan
    , September 25th, 2008 at 10:42 pm

    Bill O’Reilly gets angry and incoherent, but mostly angry.

  • Bill O’Reilly on the Bailout Plan
    , September 25th, 2008 at 10:42 pm

    Bill O’Reilly gets angry and incoherent, but mostly angry.

  • German Finance Minister Blames "Anglo-Saxon" Banking Model
    , September 25th, 2008 at 1:58 pm

    From Bloomberg: Steinbrueck, in a speech on the financial-market crisis to lawmakers in Berlin today, set out an eight-point plan urging greater regulation and larger [...]

  • German Finance Minister Blames “Anglo-Saxon” Banking Model
    , September 25th, 2008 at 1:58 pm

    From Bloomberg: Steinbrueck, in a speech on the financial-market crisis to lawmakers in Berlin today, set out an eight-point plan urging greater regulation and larger [...]

  • Oh Dear Lord
    , September 25th, 2008 at 12:17 pm

    An actual news story written by actual adults: Michael Douglas asked about Wall Street crisis Michael Douglas had to field questions Wednesday about the financial [...]

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