a blog dedicated to the discussion of MASTER LIMITED PARTNERSHIPS and the day to day news related to the group...along with perhaps a few other things...as long as the conversation is kept civil. Although i have no problem telling you what i am doing regarding my trades...PLEASE DON'T ASK ME WHAT YOU SHOULD DO REGARDING WHETHER TO BUY, SELL OR SHORT!!! i am not in the stock business.
Sunday, March 08, 2009
Louise Yammada speaks and we shall of course listen!
Finally CNBC has allowed us lowly bloggers to embed their video. Glory!
Dow 4000 implies the stronger Dow stocks will colapse as well.
GM + C have little effect on the downside any more. GE going to 1 will knock perhaps 45 points off the Dow. So MMM, JNJ, XOM, IBM etc are where the biggest drop must take place for a Dow 4000.
Meanwhile the Obama Administration's Economic team's efforts have come under harsh critiques from 2 influential economists tied to government ( Former Fed Chairman Volcker and St. Louis Fed Pres. Hoenig) as well as former Fed Vice chairman Alan Blinder and liberal economist Paul Krugman. http://www.nytimes.com/2009/03/09/opinion/09krugman.html?ref=opinion
Dow 4000 implies the stronger Dow stocks will colapse as well.
ReplyDeleteGM + C have little effect on the downside any more. GE going to 1 will knock perhaps 45 points off the Dow. So MMM, JNJ, XOM, IBM etc are where the biggest drop must take place for a Dow 4000.
Meanwhile the Obama Administration's Economic team's efforts have come under harsh critiques from 2 influential economists tied to government ( Former Fed Chairman Volcker and St. Louis Fed Pres. Hoenig) as well as former Fed Vice chairman Alan Blinder and liberal economist Paul Krugman.
http://www.nytimes.com/2009/03/09/opinion/09krugman.html?ref=opinion