12.07.2008

ALL CHOICE


Barron's again with articles on why the markets can/should be bought here and some pretty good rationale:


Barry Ritholtz turning bullish sort of - suggesting ETF's and 2X ETF's- such as the SSO and QLD- and looking at GOLD- getting interesting as the Fed balance sheet triples.


Andrew Barry on LUK with savvy management and cheap assets.


Laing on how to solve the foreclosure crisis. The quick version:


1) Offer to refinance every mortgage at 4.5%;


2) Make low rate mortgages available to home buyers;


3) Use FNM FRE to repackage all new loans as safe securities for investors;


4) Modify the subprimes/alt a's in arrears and extend the term to 40 years and pay down principal for severe problem buyers;


I will throw in another - offer tax credits to buyers of 5% of the amount of the purchase price up to $200,000 of the price- and only implement that for 18 months so buyers have to act quickly;


Trader Mike's charts;


The VIX and double tops;


Technical strength in the A/D line from Dr. Brett;


And congrats to NBC for their wise choice for Sunday mornings;


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