Ron Paul on Fox Business
Ron Paul at Financial Services Committee Meeting Today
Stocks Run for the Hills; Close Friday’s Gap
Short-Selling Rule Does little to help the Stock Market.
Government intervention can never supercede the powerful forces of the market. Short-selling was not to blame for the downfall of many Wall Street institutions. Monday was proof that curbing short-selling can do very little to support a Stock Market that is in a downtrend. Stocks continued to […]
Government Intervention Settles Stock Market Fear of Collapse
Once again Secretary Paulson and the Government step in to “save the day.” In addition the SEC halted short selling on 799 financial stocks in an effort to curb the downside. All told, we had two extremely bullish days in Thursday and Friday with massive volume. The gains were enough to lift the major indexes […]
Ron Paul on the Current Situation
Stocks Waste Little time To Take Out Recent Lows
It pays to be sitting on the sidelines and avoiding the carnage on Wall Street. There is absolutely no need to step into these muddy waters we call the stock market. I do not have anything in my favor, odds are against me as hedge funds and other large market participants are vulnerable to redemptions […]
Stocks Find Short Term Bottom; Stock Market Needs More Accumulation and Pretty Charts
The Wall Street frenzy continues, as the market sorted out Monday’s trade stocks opened well below their lows while volume raced higher. Fear readings spiked, VIX and VXN both revealed some fear while the put/call was well below Monday’s highs. Not the typical fear readings you get in a bottom, but nonetheless shorts began to […]
Stock Market to Open with a Bang!
The Financial Tsunami continues to flood the streets of lower Manhattan, Wall Street is completely under water. LEH filed for chapter 11 protection last night, which in my humble opinion is what Bear Stearns (BSC) should have done. BAC bought out MER for $50 Billion and AIG is seeking assistance from regulators. What this has […]
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