March 11, 2009
The rebound in the S&P 500 from 665 is a bullish sign to traders who base predictions on so-called Fibonacci patterns in price charts . The index has risen 9 percent since sinking to 666.79 on March 6. The low was within 0.3 percent of 665, a level at which the benchmark index would give up 61.8...
Housing Doom
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John M.
at 1:36 PM
February 15, 2009
… We all had positions, we each had a role We’d over-rehearsed it; we had full control They can’t teach you acting it’s there in your soul It’s the same with a bank job and each thing we stole …. It somehow seems appropriate it’s a low-quality bootleg record...
Housing Doom
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John M.
at 1:20 PM
| 1 Citations
February 09, 2009
"What we’re essentially doing is creating the retail environment of the future. Imagine you walk in and instead of seeing printed materials it’s all digital screens." Those who have seen the movie Minority Report, in which Tom Cruise is tracked by adverts wherever he goes, won&...
Housing Doom
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John M.
at 10:00 AM
January 18, 2009
Yes sir, Mr. Young Sir! Roll Over, Robert Frost … like, this is so totally outside Doom Family Values, but what the heck: Big hat tip to Ray Pellecchia at Seeking Alpha for putting me onto this. And like the man says, we’ll keep this up while we can … ...
Housing Doom
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John M.
at 2:01 AM
January 12, 2009
"The evolving thinking is that electronics extends our central nervous system, and that economic news in particular has hit the point of speed and saturation that our microeconomic daily freak-outs are becoming the new macroeconomics" [1] The cover story in the Sunday Supplement to ye...
Housing Doom
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John M.
at 3:30 AM
December 28, 2008
Things are rough everywhere these days, even at the North Pole. More expensive gift requests have hit Santa hard: [ Hat tip Freedom's Phoenix! ] Poor Santa is going to have to get in line. The list of who’s applying for a place at the trough has gotten rather long....
Housing Doom
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by
Twist
at 2:01 AM
June 14, 2008
Mr. Twist and I spent six months in Austin in the mid-1980s while he was a student at UT. At the time, the state capitol building was visible for miles. Now it is all but obscured by towering buildings, many of which are condominiums. There are those that claim that there is demand for a...
Housing Doom
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at 3:01 AM




