Thursday, June 23, 2005

These Headlines Caught my EYE. AYE!

KPMG trying to SLITHER out of open ended lawsuit liability.

WHAT SS Surplus!?? They won't give up on ludicrous idea.

Housing BOOM has legs DENIAL brings center contrarian view, too many calls of a BUBBLE help it linger.

PARIS (Reuters) - U.S. direct investment abroad hit a record $252 billion in 2004, driven by rising corporate merger and acquisition activity, which picked up more generally last year and continues to do so in 2005, the OECD said on Thursday. ....while INWARD investment lags

I guess the lessons of 2000 are all but forgotten! DAMN the Bear has TORN to shreds all types of traders.

New highs in UTES a sign of desperate YIELD seekers the WORLD OVER (scurry for foreign and domestic Bonds) and well as PLUNGING LONG term yields.

HOW is it that Pension funds and stock INVESTMENT holdings of corporations probably STILL list yearly gains of 7-8% ??? And STOCK OPTIONS STILL NOT EXPENSED!!??


I STILL believe market is NEAR an important TURNING POINT, IMHO.

D

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