- Haven’t heard from Mark Hulbert in awhile, but here he is with his statistical tea leaves.
- What types of stocks are best for sentiment trading? CXO Advisory has some answers.
- Why isn’t the misery index higher than it is? And why aren’t more banks failing? It’s been a lot worse than this, and not all that long ago.
- The American public is saying maybe drill, drill, drill is not such a bad idea after all. (via Instapundit)
- Short seller Doug Kass is looking for a rally and doesn’t even think it’s inconceivable that the stock market has reached a yearly low.
- And looking for the next hot commodity.
Poor Dougie tried to pick the bottom in the BKX about 10 points ago. He should probably stick with what he does best. Short sell.
Since there should be another wave of folreclosures coming in the second half and next year the troubles in the financial sector are probably just in the middle innings.
Jim Rogers says he’ll cover when Citi gets to $8. Sounds about right.