SEC Study

Apparently the SEC – that is the Yank version of ASIC. You know the organisation that has yet to indict, convict or even spank in a non fun boarding school way anyone responsible for the bacchanalian orgy of theft and misconduct that is Wall Street. Well these clowns have put out a study that apparently…

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IPO’s

I was sitting reviewing the farce that is both Groupon and Facebook and marvelling at the ability of markets to destroy shareholder wealth. Although it must be said that anyone who invested in either of these two thinking that they were viable businesses should take their remaining funds and invest in some serious therapy. After…

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Dow

A bit of commentary has been filtering through the gooogle box about how the market looks like this or that and how it should now do such and such. Most preeminent in this chatter is that the Dow seems to have a block at about 13,300 and because the market has not instantly gone to…

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Neil Armstrong

Like most of my generation (or at lest those who were paying attention) I remember when Neil Armstrong walked on the moon. Sitting on the floor at at school clustered around a black and white tv we watched a barely discernible image of a man stepping onto another world. In a time when people simply…

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