Tradermike.net - Watching the stock market and more
Tradermike.net is designed for the technical stock market trader, but we think it is useful for anyone who is either trading or investing in the stock market or commodities. It is difficult for the average investor to know what key events may be affecting the markets. Right now, defaults on subprime loans is causing some gloom among companies and investors who have a money stake in these really poorly conceived instruments, that, by the way, were encouraged by the silly “easy money” policies of the Republican government, including the Feds. If you give money easily to gamblers, they will use it - and more (what is euphemistically called leveraging on Wall Street, in gambling houses it is called doubling up). So now the question is, how deep in doo-doo is the financial systems that are so highly leveraged (gambled more money than they had), and who is going to pay the piper. The banks are trying to take back their bets, but the subprime vendors are going bankrupt (isn’t that a nice way to get out of paying up on a bet). Well, TraderMike will help keep you up-to-date on the shenanigans of Wall Street (they call this investing?), and we believe all investors should do what they can to at least try to keep up with the changing rules of the game. First the Internet Bubble, then the Housing Bubble, .. what next? The big guys keep making money will the little guy gets pinched. Stay tuned.
If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.
I appreciate the plug of my site.
How in the world did you get the URL links.com? That must have cost a pretty penny.