Daily Ramblings
Still playing games
He was found guilty of making $63m on inside information about earnings and corporate takeovers.
In a separate report, the FT says the trial was a drama “worthy of Hollywood”
Great success for the prosecutors. Yeah. A drop in the ocean to bribe the public.
See it´s a fair market .We catch the bad guys.
But then you read about the quarterly trading results of the big Wall Street Houses.
You need an electronic microscope to find days with trading losses.
Statistically nearly impossible in whatever game you play under normal rules.
Probably mathematics and especially statistics have been put out of order under Bernanke.
Microsoft trying an upgrade again or doing yet another Microsoft.
Give them a better chance right now. First they
put their mole at the top at Nokia and now they are snatching Skype from the investing public.
Could work out this time. Skype investors have certainly learned from Yahoo.
Internet stocks suffer .
From China to the US the great bull run takes a prolonged time out. And time outs are often an opportunity to recheck the numbers.
Facts show moderate growth at sky high valuations. Were formerly you talked millions there are now billions.
The potential losses for the investor will be in the same league.
Commodity Funds find out some basic truths
FT.com :Clive’s management said it was at a loss to explain what had caused crude oil markets to be “annihilated”.
Finally liked the comments of some hot commodity fund mangers .Wait for the investors letter.
They will even be better. Complete surprise that prices could go down;no logic; no fundamental reason.
Wonder why price moves in accordance with your position are never explained the same way.
For some fact finding have a look at US energy statistics.