EASY MONEY
RichSage on Oct 28th 2007
EASY MONEY
After 9/11, the FED artificially lowered interest rates to stimulate the economy. In addition to that, taxes were cut and spending by the government was greatly increased, especially in defense spending.
Now the consequences of those actions are coming to create several problems:
Mortgage Mess
As I have written earlier, they were handing out NINJA loans for [...]
Merrill Lynch Writes Off $7.9 Billion
RichSage on Oct 24th 2007
Merrill Lynch Writes Off $7.9 Billion in the Credit Crisis
When I wrote about this in an earlier post, I pointed out that the mess is *still* ahead of us. We’ve just seen the tip of the iceberg and just a bit more below the waterline. The really, really ugly stuff is still ahead.
While reading about [...]
NTCT Stock of the Month Update
admin on Oct 16th 2007
August Stock of the Month Update: NETSCOUT SYSTEMS INCÂ (NTCT)
Way back in August, as the Stock of the Month, I described a stock that I had picked for it’s outstanding growth potential.
That stock is NETSCOUT SYSTEMS INC (NTCT), and as of today, the stock as risen 30% in a few weeks, from the buy point [...]
October Stock of the Month
admin on Oct 5th 2007
NEXT SuperStock October Stock of the Month
The NEXT SuperStock October Stock of the Month is a USA based company helping Hospital and other heath care organizations drastically cuts costs using their state-of-the-art patented invention.
As I discuss this stock with my InnerCircle Members, the stock is trading at less than $0.10 per share. That’s right, less [...]
Fourth Quarter 2007
admin on Oct 2nd 2007
Markets Hit New Highs –Q4, 2007 Starts
As the quarter started, the stock markets hit new highs and the Dow Jones Average closed above 14,000 point.
Time to Celebrate?
Actually, now is the time to be ultra-cautious for this reason:Â When euphoria hits the market is the time to really look at what’s happening.Â
I tend to look into [...]
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