ECU is still hanging in there re other stocks. That's the good news.

Just dumped three stocks in the last three weeks that have all gone up since, one that quadrupled (PLG), one that tripled (PNP) and one (SGV,sold yesterday) just today with late news that has so far doubled. Unreal. Now, I can tell you that if I sold ECU today...I could pretty well guarantee that it would soon shoot up. Just can't do it though. Sorry guys/gals...I'm staying loyal. Hope I'm not a curse.

Glad to see that a Federal Judge has upheld Bernie MADOFF'S BAIL TODAY. Now, you don't think he has anything on anyone, do you? Nahh. Can you imagine where any one of us would be today if we had ripped off $50 billion? Rich and living in a $10 million apartment in New York. Sending jewelry items to family memebers. Ordering take out from wherever the hell you want to...even Paris. I don't know about you but he doesn't look too stressed to me on TV.

Nortel, the third largest Telecon manufacturer in the world has declared bankruptcy and guess what? It has some very profitable divisions that will be sold off on their own at bargain prices. Shareholders are out of luck. What's new?

What's new: CITI is about to implode and guess what? You guessed it. It has some very profitable divisions that will be sold off/picked up cheap. Shareholders are sh-t out of luck. But wait...Robert Rubin, who just left CITI, now with the Obama Admin., made a sh-tload of dough with CITI and helped guide it to its demise over several years. Nice timing! Huh! He's contrite though and has admitted that perhaps mistakes were made. Wonder what he and Summers are conjuring up today, a massive bail out for JPM after their year end tomorrow, a week before expected? No wonder Obama is willng to use his first veto re the second tranch of bail out goodies. That man is in a very tight spot..."fools to the left of him, jokers to the right...(a Pres.) stuck in the middle again". ( just humm along)

Options expiry Friday folks! Hang in there!

LeMetropole Cafe's "Stalker Friend" has hinted that this would be a rough week and that gold would bottom around $800.... and that next week we could see a huge rebound in the price of gold. Makes sense to me. Anything positive just has to. Doesn't it?

Don't know if anyone remembers or even heard this but, Colin Powell warned that there would be a very big surprise, a major event, coming on or about Jan .21st to 22nd. Maybe he was just being coy about the inauguration? Hey, I get it! The U.S. is going to back the dollar with gold in certificate form!!! I'll leave it up to someone out there to figure out the details. Hmmm...wonder what the "leverage" factor will be? And, do you really have to show the gold backing it all up, or let's all just be friends and take their word for it. But wait, what will the price of gold be then? Guess we'll just have to wait.

That about as odd as it all gets folks.

Have a great evening.