CHESSNOID

Random Noid Musings

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Ron Paul explains why TARP was wrong in the first place

I wasn’t always a Ron Paul fan.  I thought he was smart when I first heard of him a few years ago, but I was a Democrat at the time and just didn’t agree with most of his conservative Republican values.  I am  now a registered Independent and try to be more objective to listening [...]

Bottom of the stock market… again??

The stock market rallied 7% across the board today.  This was a reaction towards the Geithner plan to buy toxic mortgages and a surprise bounce in the February housing sales number.

Dow
7,775.86
+497.48 (6.84%)

S&P 500
822.92
+54.38 (7.08%)

Nasdaq
1,555.77
+98.50 (6.76%)

It is really nice to see a continued rally, but I have my doubts that this is the bottom. They [...]