Dear Chairman of the Republican National Committee Michael Steele:
We have not yet had the pleasure of meeting, yet I hope that you are not offended by the formality of a written letter expressing my decision to resign from the Republican party.
It is as difficult a decision to leave as it was to join–the latter a [...]
While reading about the disparity of treatment between the automobile and financial industries today, I found myself inexplicably humming “Somewhere” from the West Side Story soundtrack.
I didn’t make the connection at the time. But later in the quiet of my home, I realized why.
Imagine Rick Wagoner as Bernardo, leader of the Sharks; and Vikram [...]
Almost three weeks ago, I wrote a blog entry theorizing how the Dow may move based on Fibonacci Retracements.
The chart above shows what actually happened with the Dow in the weeks that followed the post.
In a nutshell, Fibonacci Series is a geeky concept that is often used to put order to disorderly and seemingly random [...]
Who today hasn’t read or heard about this article by Andrew Ross Sorkin of the New York Times, making the case for bonuses at AIG.
I read it and heard his commentary during Morning Joe today, and quite frankly I’m not buying it.
His argument centers on three key points:
#1: The bonuses keep the “best and [...]
The cool part about math is that it can be used to find a pattern in things that seem random.
The Fibonacci Series is one of those mathematical concepts that makes you smack your forehead at the magic that you’re witnessing.
If you don’t know the origin of Fibonacci Series and its ratios, here at the top [...]
Ouch!! I’m really feeling bad for Geithner and the beating he’s taking!!
So let me throw my hat in the ring and help him. At the same time, I could really use $420B!
What happened in the first place? I cover it in my videos The Three Little Securities.
A key part of the [...]
I gave a financial seminar in late 2008 before it was confirmed that our economy was in a recession since Dec 2007.
At that time, “recession” was a dirty word–kind of like “Voldemort” in Harry Potter, or “Michael Moore” in the Bush White House.
Noone was saying that we were in a recession. All [...]
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