Skilling indicted ...
Posted by btr Fri, 20 Feb 2004 03:23:35 GMT
Jeff Skilling is finally indicted today in a federal court in Houston. When will be Lay’s turn?
| stablevalue.com a blog on stock market and things of interest |
Posted by btr Fri, 20 Feb 2004 03:23:35 GMT
Jeff Skilling is finally indicted today in a federal court in Houston. When will be Lay’s turn?
Posted by btr Fri, 19 Dec 2003 22:53:21 GMT
Finally I drove a brand new 2004 Prius home last night. I placed an order in Nov and was told to wait for at least three months. Someone who ordered one had to leave the country, so my salesman called me about the car. It's not exactly the package I ordered, but it's close enough. It's very interesting to drive a hybrid car. You can watch the fuel efficiency on the LCD screen. I have to tell you that I'm already trying to adjust my driving habits to increase the efficiency. Basically, you have to avoid sudden acceralation in lower speed around 30 mph to have the electric motor do the work (so called stealth mode).The car is great, but I hated the sales manager in the dealership (Sterlling McCall Toyota on Highway 59). He insisted on having body sealant ($495) option on the car, which I refused first, but he told me that he would sell the car to the next person on the waiting list if I didn't want the option. He told me that the treament was done already. So I took it, but I felt that the experience was bad, and I would not buy another car from their dealership anymore. I was willing to pay the sticker price for the car, definitely not for the stupid car body protection, which is useless in Houston's climate anyway. They actually had body sealant treatment done next day after I signed the paper work. Car salesmen are all crooks to me, at least from my experience.
The indices finally began to show some signs of life last week with a firm break of the October downtrend. While I have been increasingly bullish on this market, I did not expect the market to rally with such force as it did on Tuesday ahead of the GDP number, the Fed decision and [...] more
Here a graph which shows some not so surprising news, the current market is the most volatile the U.S. market has been over the last 80 years (based on the S&P 500). The volatility last month makes the 1987 crash look like nothing. There are a lot more interesting stats in the article that a more
Still looking for a last-minute Halloween costume to scare those trick-or-treaters knocking on your door? Just put on a suit and tie and start bashing bank stocks. Eek! A short seller!
more
THE SHOW: Are we having fun yet? Me neither. My old pal Deep Blue keeps writing me about various stocks and such that might have upside, but then acknowledges it's hard to imagine much of anything working this year. Except cash, and you better hope that's real cash and not some sort of 'cash equival more
When I started automated trading a few months ago, I jumped head first into backtesting with the thought that it was essential to automated trading. While there’s no doubt that automated trading and backtesting go hand in hand, what I’ve discovered over time is that learning what makes more
Hong Kong shares led Asia Pacific markets higher on Monday by rising as much as 5.6 per cent early in the morning session, making a good start to the trading month after October's big losses across the region more
Now David Rosenberg, a well-respected economist at Merrill Lynch, thinks the current Fed chairman, Ben Bernanke, may introduce a “Bernanke put”, this time for the bond market. The topic arises because of the Fed’s recent cut in interest rates to 1%, posing the question of what the more
It's time to celebrate Halloween by revealing this year's Spooky Stocks - i.e. the stocks most likely to scare investors and blow away their returns. Before we do so, let's first take a look at the performance of previous spooky... more
We need a leader who understands the importance of investment in ideas and technology for our future, writes Eric Schmidt more
As we go to press, Asian markets are extending gains from last week. Sex, Religion and … Politics All eyes are on Tuesday’s election. What I find most interesting are the poll numbers juxtaposed to world opinion. With most of the planet pulling for regime change (in Britain and even more
LONDON (MarketWatch) -- The British are nothing if not insouciant at times of crisis. Bank of England Governor Mervyn King opened a recent rather severe speech on the economic unrest with a gentle anecdote about schoolboy cricket. David Blanchflower, the most bearish of the central bank's monetary p more
Will stocks rally with a new face in the White House? History offers no clear lessons, but that doesn't stop investors from looking for signs in Tuesday's vote. more