Monday, July 6, 2009

I am not a crook!

NEW YORK (Reuters) – A former Goldman Sachs computer programmer accused of stealing secret trading codes from the investment bank was being held in federal custody on Monday, pending the posting of $750,000 bail.

About damn time Goldman Sachs got robbed. They take billions of taxpayer dollars to bail themselves out of their crappy derivatives deals and they aren't even indited let alone have to post bail. See article at http://www.rollingstone.com/politics/story/28816321/the_great_american_bubble_machine/print


We touched the 200SMA on the S&P today and then creeped back up to close 2 points higher. We keep playing cat and mouse with this important moving average and a bunch of my wise guy friends are packing their parachutes for a big drop so be careful out there.

My pick for tomorrow morning is long SRS @ 21.79 Good Luck!