This is an on-going website poll, so am sure they didn’t ask the banks. Plus, those responding may not have had trouble getting credit because they’re too damned scared to ask and can’t afford more debt anyway.

Thanks. I did have some help from the ISM number at 10am. That was a big miss.

Matt

Compare the five day chart of xli and xlf. Today we are having the same divergence as last Friday. As long as xli is not going up with xlf I don’t think any move up will have legs. Market is beginning to price in the next quarter.

As a reminder, Enron was the 7th largest US company before they failed due to derivatives losses covered by mark-to-market accounting,

If I was asked that question, I’d say “none” – to physical media. I cancelled all of my newspaper and magazine subscriptions years ago. I now get my news and other information from the Internet and some from TV.

Local news? Online, and TV when I can stand the sensationalism. Most local news stations are “bad news” hours. Hell, they’ll even cover a story about an overturned bus with 2 deaths in China.

Newspapers have too many human interest stories injected to take up space. Plus all of the other things I don’t care about.

Government antics? Right on TV. My local city shows all meetings – the whole thing in case I miss one in person. Fed? Same thing, or go on the Internet.

BTW, many national newspapers are beginning to adopt a “free” with advertisement model. Even WSJ is going to that model.

All of this will be great until the lawmakers put a tax on Internet usage.