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Would "personal reasons" include not wanting to be on the board of a bank that might go under (not saying they will--note the "might") while your dad is running for President?
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Was Merrill Lynch (MER) the definition of “you can learn a lot just by watching” yesterday?
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If other banks mark their holdings to market at 22 cents on the dollar—which they seemingly have to do—how many toe tags will we see?

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For those that survive, doesn’t that leave the door open to “mark-ups” once a whiff of positive news waffles through the mortgage market?
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Is the most significant element of the Merrill news the fact that foreign buyers have awoken after a long—and costly—slumber?
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Or is it the fact that, hidden in the fine print, we learn that Merrill will be financing 75% of the purchase price of it's CDO portfolio to the affiliate of Lone Star Capital (and it will be the only holding in said affiliate)?
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In other words, if the value of the CDO holdings melts even still, isn't Merrill still on the hook?
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Have you read Professor Bennet Sedacca’s tremendous “Fishing for Bailouts” vibe?
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What will President Tyler have in store for us today?
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Do we have to see a probe lower before a try higher (given yesterday's action)?
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If she and Stella can get their groove on, wouldn’t that be a strong first step towards a technically significant higher low?
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If and when that arrives, will you remember to view the dew through the appropriate frame of reference?

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What'll come first—the fingers or the dike?
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How come I think of Uncle Buck every time I see the stock Molex?
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Is anyone else ready for the "other side" of the prolonged period of socioeconomic malaise?
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Will Redemption Songs play one year after the fact?
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Is this the most outrageous moment in television history?
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While I see the credit default swaps percolating in Washington Mutual (WM), what does it say that the stock is green in the face of short-sellers everywhere I look?
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Too smart to buy it and too scared to short it?
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Has it really been 42 years to the day since Adam Harrison was born? (Happy Birthday brother and enjoy the Boss!)
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Are they holding the equity-wide short-tick rule in their back pocket for when they "need" it most?

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Or is that what they want us to think?
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Him doesn't like it when we talk about this, does him?
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If someone screamed about the risks in Fannie and debt and derivatives in 2004, would anyone remember?
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Are 10-20% intraday moves in big cap stocks bullish any way you slice it?
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Am I dreaming with the Silver and Black Favre thang?
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Is anyone else amazed, simply amazed by how quickly time passes?
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When’s the last time you “Did something Joel?”
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Can you please circle Thursday, December 4th (not yet locked) for the Minyanville Festivus for Children's Education?
R.P.






















