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My American Express experience

Some of my more popular blog posts are:
Recession is forcing American Express to reduce credit lines for no reason
Recession forcing American Express to target profiles to decrease credit limits
Un-American Express targeting profiles to decrease credit lines
American Express stories 8-11-08
I get hits and comments on these posts on a regular basis.  This part of my blog [...]

Recession day to day

Lately, I have noticed my blog posts are getting more hits than usual.  I attribute that from more people wanting to read about business and politics from just a regular middle class American like me.  I try to put down what I think at the moment.  Obviously, I like to talk a lot about the [...]

Markets up in last hour of trade 10.17.2008

The market is actually not as exciting with market zig zags like it was yesterday.  It has been up and down but not as ofter.  Right now the markets are all in positive territory in the last hour of trade.

Dow

9,056.28
+77.02
(0.86%)

Nasdaq

1,738.54
+20.83
(1.21%)

S&P 500

963.87
+17.44
(1.84%)

I originally thought it would be a down day for the DOW and a substantially up [...]

Roubini predicts 18-24 month recession, Buffett says buy now

The market seems agitated today.  It is options expiration and the shorts need to cover. Whatever that means. Lol.  Last night, when I checked the market futures the numbers indicated we would have an upside opening. That lasted for about 15 minutes before it reversed courses and went into a free fall of about 2 [...]