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Doin' It Bloggystyle: American Express, Fed Follies and Billionaires To The Rescue...


Minyanville brings together the best of what they are saying "out there" about the topics we're talking about right here.

Blogs themselves need no introduction, as they get as much publicity as pretty much anything these days, save maybe the latest Britney news. There's an expanding world of excellent financial blogs, covering just about everything, from global economics to swing trading. Minyanville's goal is to bring together the best of what they are saying "out there" about the topics we're talking about right here.

Just when I thought it was the most sports-dead weekend of the year, the Best Grand Slam Final Ever runs tonight. You get a new car, you get a new car... You? How does 75 BP sound?
  • The WSJ wonders whether Le Affair Trader Rogue (I'm trademarking that, by the way), may have goosed the Fed into a Panic Rate Cut right here in Les Etats Unis?
  • Barry chimes in with the "Fed's Folly, Fooled by Flawed Futures?"
  • A Dash of Insight suggests a more measured judgment.
  • I propose the Fed not waste time with economic numbers/studies/projections/whatever and just watch an S&P Futures ticker.
  • And no more Humphrey-Hawkins testimony. Let our elected leaders concentrate on more important issues, like Roger Clemens "B-12" injections.
  • OK seriously, what part Societe Generale had in the selloff is kind of unknowable and irrelevant. The turn of events sure leaves the perception of The Bernanke Put and highlights the pitfalls of hemming and hawing at actual economic numbers and then hyper-reacting to the stock market.

To The Rescue

What's In a Name?

  • Afraid to Trade has a triangle and divergence in Goldman Sachs (GS).
  • ZachStocks and the Master(card) of its own domain?
  • A view of American Express (AXP) from College Analysts. This is pretty impressive in its own right, and more so when you realize they're actually in college.

Some Direction?


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No positions in stocks mentioned.
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