Nice Bounce But Too Bad It Was On Lower Volume; Bulls Show No Conviction In Buying As Volume Comes In Lower Across The Board
Joshua Hayes (October 1st, 2008) Writes:
We are living in the middle of a breakdown of the markets due to corrupt lending practices with greedy executives and uninformed people getting involved in business they never should have. This is never good for stocks and I don’t care what anyone says. Shooting down that bill was the right idea. Let wall street battle it out. They screwed up and the tax payers should not be bailed out. At the same time capping CEO pay at $500,000 for running a bank is psychotic and shows NOTHING of a FREE market system.
However, I must admit the system is/was broken. When I left NYC in 2000 I knew there was more than what the .com bubble had. But I had no clue that it would ever get like this in real estate. I used to date a real estate broker in Maui and I used to tell her that this
...AAPL, America, Bank, Big Wave Trading, Congress, EPIC, Federal Reserve System, Ken Heebner, Market Commentary, Maui, Real Estate, real estate broker, real estate investor, Ron Paul, surfing, USD


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