Monday, August 17, 2009

Who's hand is in your wallet!

NEW YORK (Reuters) – U.S. authorities announced what they believed to be the largest hacking and identity theft case ever prosecuted on Monday in a scheme in which more than 130 million credit and debit card numbers were stolen.

This topic makes my wife coo coos to the point where she switches apps while typing in passwords because someone told her that keeps the key logger programs from registering he actions. I am definitely in the wrong business.

Anyway we finally got a decisive break down in the market today on news that Japans recovery is not going well? Who thinks of this crap? Do they all get together in a room and say today we go up/down because Maria Bartiromo looks hot/not etc etc? So the strategy is to stay in a holding pattern now and wait for some playable setups to emerge. Should be any moment now I will keep you posted. Good Luck.