There are basically two articles you need to read to understand what should have been done and why it is not getting done. Wall Street is broken, there is no doubt. Roger explains what need/needed to be done with Citibank . This morning’s ‘FAILout!’ for Citibank is just not getting us close. Michael Lewis’s great …

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First off, thanks Fred for the great post that inspired the rant below . It depends on how you look at things. If you own mutual funds for sure. If you own most stocks for sure. If you used Capital One for your investment dollars because you used your Capital One card to spend all …

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We have allowed the word ‘bailout’ to seep way to far into the public consciousness. It has ‘tipped’. America is voting on it everyday in the stock market. Our leaders unfortunately have no ability to read the stock market and tape and the panicked, reactive policies will surely send us lower over time. It will …

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These were two utterly horrific days and now we are back to 1997 prices. You have NOW officially lived through a market crash. There is no doubt about it: The Fly reminisces about the first time he saw Dow 7,000: As I sit here amazed at what I just witnessed, I began to reminisce about …

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I mean WTF? Seriously. My post from yesterday was supposed to mark a bottom by me getting even more bearish. So now that we have breached 8,000 on the Dow and Asia is slinking into oblivion tonight, what is one to do with their 188k plan? I can only advise those that have followed me …

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I am working on a gameplan in case we have a fast and hard break of Dow 8,000 and the 2003 S&P lows. Most of my stock allocation in my hedge fund is in cash or short via FXP. I do have a few remaining longs, but they look terribly weak. I am thinking that …

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First off, I am an investor in Adaptive Blue so I could be biased. Alex and the crew launched ‘Glue ‘ a few weeks back and if you have the plugin going you can already use it on Stocktwits. Now they have successfully launched ‘Glue for iPhone ‘ and I am trying it out. Very …

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First off, it’s not that I am first with this plan, but my stint will be the cheapest, swiftest and offer the most upside to all. The board is done…FU see you later. Other than a couple server dudes and a clerk in accounts payable, 99.9 percent pink slips. TOMORROW. My guess, is everything still …

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You know I believe in Twitter and not just because I have a stake in the business with my investment in StockTwits. It is with glee that I hear from certain ‘smart’ friends how they think it’s stupid or how the nerds whine about revenue models. The same people still hate Apple and I won’t …

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I am still put off by Warren’s Editorial a month or so ago in the New York Times touting stocks. Any big hedge fund manager that has survived will be hiding out in the debt markets for many months to come. The stock market is broken for now. No leadership, shitty balance sheets, cancerous financial …

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