01 May 2009

1 MAY 2009, Friday




  1. How Swine Flu started... :)
  2. President Obama's $100 million budget cuts...a brief visualization.
  3. FDIC reports the Friday Bank Closures...I stopped reporting these awhile ago because it was becoming a regular onesie, twosies event. However, for the past few weeks, they're starting to report 3-4 each Friday.
  4. 666 & 888? Today's intraday high of 888 puts this rally in second place for all time greatest bear market rallies in history. Only the bounce out of the 29 crash was greater (not on scatter graph). How ironic would it be if the rally started at 666 and ended at 888? Retrace to 777 then rally to 999 to end this upswing??? The 999 would be a 50% gain from 666. Amusing.

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