Las Vegas is Welcomed at the Door of Pension Fund Management.
“Make It All Back by Doubling Down.”
Right.
Make a photocopy of your next pension check.  Then frame it, put it in a safe place, and be ready to retrieve it and hang it on the wall as a memento of days [...]

I have a major problem with the Geithner bail-out proposal: No one seems to be looking out for the interest of the citizen taxpayer.
As Professor Stiglitz pointed out so tellingly yesterday in his Op-Ed piece in the New York Times, the Geithner plan will work only if the taxpayer takes a huge shellacking.
That leads to [...]

Japanese Candlestick “Shooting Star” Pattern Warns of Possible Price Selloff
Of all of the Candlestick reversal patterns, the “Shooting Star” is regarded as one of the most potent and most reliable. We have a perfect example of the Shooting Star in Crude Oil yesterday, March 9. One could hardly wish ever to see a better example [...]

A Perfect Japanese Candlestick “Shooting Star” in Crude Oil Today – Let’s See Whether It Works
There are several price patterns in Japanese Candlestick theology which are considered to be quite reliable. Among them is the “Shooting Star” pattern, in which the total price action of the particular time period lies well above the price action [...]

Did The Candlesticks Tell Us Today That There Is Light At The End Of The Tunnel?
The investing world has watched in horrified fascination, week after week, as the stock indexes have continued down a slippery slope all the way down to 6627 on the Dow Industrials. With only the briefest of respites, the trend has [...]

One major difference between Steaks and Stocks
When the price of Steaks increases, the demand for Steaks declines.
When the price of Steaks declines, the demand for Steaks increases.
So, the lower the price of a Steak, the more appealing it is.
However:
When the price of Stocks increases, the demand for Stocks increases.
When the price of Stocks declines, the [...]

Candlesticks and Indicators Foretold the Rollover in Gold
We have been saying for many weeks now that Gold was coming into a High and that it would soon turn down. The “common wisdom” had insisted that the falloff in the stock market and the general lack of confidence in the state of the economy would necessarily [...]

One automobile-business columnist was quoted in the papers this morning as complaining that GM had fallen into a rut of its own making when it began to produce Chevrolets, Pontiacs, and Buicks which looked different from the outside but shared the same mechanical underpinnings. I’m not so sure that’s the root of the problem; rather, [...]

Hundreds of thousands of ordinary investors are terribly unhappy with the direction of the stock market since October 2009. They continue to hope that, by some miracle, the market is going to reverse and that they will be able to “make it all back.” It is quite astonishing how many otherwise intelligent people hold onto [...]

The Market wants to believe that the bailout plan will work. It wants to believe, in the worst way. The problem is that so many details are still missing that folks are concerned that all of the billions will go down the drain with nothing to show for it.
On top of it all, there is [...]