Krypto is sleeping in ... her model shows no action for today. Other asset classes fell enough to keep the gold+silver class from getting a clear buy signal. I see futures are down bigtime this morning. Oh well, maybe in a few weeks Krypto can re-buy what she sold on Friday.
Obey the machine ....
$700 million is missing. The hedge fund industry gets another black eye. Corzine seems to have been a power hungry, greedy knave. First he did nothing to help the people of New jersey as both a Senator and Governor. Now he blows up a formerly fine firm and was captain of a ship while its hold was looted. He's certainly Knave of the Month.
Word of the Day
"Rococo" - adjective [$10]
Rococo means excessively ornate or intricate.
Sentence: Much art and decor from the era of Louis XV exhibits the rococo style; one can see this clearly in many rooms of the Frick Museum at the corner of Fifth Avenue and east 70th street in New York City.