Googly Moogly

Freaky Friday

2008-09-19T04:52:00.000-07:00

A difficult week is at an end. One good piece of news is that Lehmans Japan ops may be taken over by Barclays. The bartender at Heartland breathes a deep sigh of relief.

The huge swings in the market this week probably more attributable to the lack of clarity than meaningful events. We've seen this rallies before, and few believe in them. It is good to see the govt willing to step up to the plate and if we see any longer rally, I think it will be due to more of this rather than any improvement in conditions.

A fairly good end to a miserable week. Off to the gym tomorrow.

Thought so

2008-09-17T05:13:00.000-07:00

And the bone came in the form of a truckload of money for AIG and some cherry picking of Lehmans by Barclays. The European bank still hasn't blown up, but I still have faith.

Couldn't find my groove today. Couldn't find it yesterday either. Bah humbug.

Hi there

2008-09-16T04:41:00.001-07:00

What a day to start a blog. The financial industry just goes from bad to worse. I guess with it being a global industry, and further up the food chain a global economy, and further on up from that the Illuminati who control what we think and do (just kidding, there is no conspiracy. or is that just what they want us to think? a lie covered up by a bigger lie... ok, enough) we should expect major markets to move together; the people selling stocks in the US are by-and-large the same bunch selling them in Japan, UK, Korea, etc. We didn't know how bad it would get and we still don't know how much worse it's going to get. I'm waiting for the fire to spread to Europe. I don't think anything has changed in the past year. It's all about unwinding and redemptions, and the ugly face of supply and demand. But more than all of this no-one really has any idea what's going on, and the fact that it's gone global this time makes it all the more difficult to grasp.
But we'll get to the bottom of it all some day. The illuminati always throw us a bone at some stage.