Saturday, November 22, 2008

Timothy Geithner: Treasury Secretary; DJIA +494




Larry Kudlow's early thoughts.


Geithner 101 in the NY Times.

More in the NY Times.

7 Comments:

At 11/22/2008 10:06 AM, Anonymous Anonymous said...

Probably short covering due to options expiration Friday. I went short at the close and will be shorting this dog more next week. Timmy is going to have to monetize the debt and he is also one of the clowns that got us in this mess. Got Gold? Get more!

 
At 11/22/2008 10:58 AM, Anonymous Anonymous said...

Pundits do not know why the market moves ... they missed the reason behind the collapse why bother listening to them discuss a blip ... the move is no longer an unusual size given the uncertainty in the market today

The only reason why the market would move with this notice is that they think they have another hand out coming

 
At 11/22/2008 11:13 AM, Anonymous KJ said...

Is there some reason that Christians are never selected to these key money positions any more?

 
At 11/22/2008 1:02 PM, Blogger Dave Narby said...

Anonymous, I hope you're not on margin.

Conditions are oversold, and primed for another bear rally.

Medium term, I agree. But I wouldn't want to be short going into Monday.

 
At 11/22/2008 6:03 PM, Blogger David said...

Timothy Franz Geithner is the president of the Federal Reserve Bank of New York.

October 31th, the Federal Reserve Bank of New York has hired Michael Alix, Bear Stearns’ chief risk manager, as a senior advisor in the Bank Supervision Group overseeing the regulation of banks.

Change you can't believe in...

 
At 11/22/2008 11:07 PM, Anonymous Anonymous said...

KJ, charming, don't you have anything better to do with your time, shave your head perhaps?

 
At 12/11/2008 6:18 PM, Anonymous mika said...

Thoughts. Uh . . . when did religion become an economic variable? . . . no matter how and to whom we all pray, the cream comes to the top
. . . by the way, in the bio I read something about a Christian wedding.
But had it been Muslim or Hindu, it would make no difference.

 

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