harold’s blog…a work in progress

 will be back soon…in the meantime found a new blog…

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some think the bailout has to put a floor (unfortunately it appears it will pass); indeed, exchanges around the world are rising in anticipation. jim rogers advocates selling the rally.
for those recognizing this shifting landscape opportunities are sure to abound.

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buffett invests $5MMM in banking as tpg loses $2MMM (not getting into complexities, they are similar animals. if you dont believe that, look how the shorts drove down one company and moved to the next and the amount of damage goldman sustained before government intervention). some were saying financials have a lot farther to fall; […]

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watch this while you can and make sure you check out the extended features. remember this was from 2004 though.

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greenberg has been saying core businesses are strong, just a liquidity crunch.
since they have stopped backing condos here (as rmic has also done) pmi is the only game in town.

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