The Cody Word
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  • November 21, 2008 11:05 PM EST by Cody Willard

    The Big 3: Get Working!, Geithner's Follies, And Lobo's Bro

    1. Work Your Butt Off RIGHT NOW!
    2. Your New Treasury Secretary Is Incompetent
    3. Save Lobo’s Brother at AnimalLeague.org

    1. Another huge spike coming on top of another huge sell off.  I’m still thinking we are likely rangebound around these current levels for at least a couple years, but I do think we’ve started to see some incredible values and I launched RevolutioNewsletter.com to start detailing the opportunities that are coming our way.  Pay your dues now so you can cash out next time things don’t suck anymore.

    2. Real quote from and about Tim Geithner just four months ago after he gave $2 billion in welfare to Bear Stearns’ shareholders: “He is certain that calamity was averted and that the people who gain most from the deal are not bankers but “the family who needs to borrow money to finance a house or send their child to college, or the individual trying to build enough savings for retirement, or the worker worried about losing her job.”  Wall Street just eviscerated the $350 billion that Geithner sent it last month.  How’s it working out for you so far?

    3. Hula still needs a home.  Come on, people.

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Scott

Great job as usual. For those who think the rally Friday was a good sign, I'll just note that the market has lately reacted very strongly to any potentially good news towards the end of the session. With the news out of Citi looking bleak, as well as the foibles of the auto industry, I think that until December 2nd (the automakers' deadline to present a plan to the Dems) we'll have a cap of about 8,500. Of course, if Citi continues to tank then it could be much worse. Sc

November 22, 2008 at 1:25 am

7ftHare

No one is privy in my book to having dibs on what anything means here in deep cold black space. It's not just that it's cold that we need energy before anything else. It's that it can be too warm. I sure hope China gets to the moon sooner than later. This generation of children in the US with permanent neurological damage from the mercury is going to be costly. I'll say one thing - I'm glad I don't live on the west coast. Maybe all that mercury explains the 'attitude' of folks from Seattle. ? ? ? I bet VW's and MAC's sell well in Seattle.

November 23, 2008 at 1:51 am

about this blog

  • Cody Willard is an anchor on the FOX Business Network. Willard is also the principal of an investment management company. He was a long-time featured columnist for the Financial Times and TheStreet.com as well as a regular featured economist and stock picker on CNBC's ''Kudlow & Company."

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