Waiting For The Fed.

Today looks to be a mild wait and see day. Everyone will be waiting for the Fed to show us the way on interest rates. Here I am again ranting about how everyone will be hanging on the words of a few senile old men. These guys will be making decisions that will impact us all. Yet likely none of them has ever held a real job where they have actually worked for a living yet they are more than happy enough to decide what we will pay in terms of interest rates. You gotta love em.

Does anyone really feel sorry for Skilling. Should this guy even be allowed to go to prison. How about the death penalty for this guy? He literally wiped out a lot of his employees, A lot of them lost everything. At the very least he should be doing hard labour. Maybe doing a full days work for 24 years will teach him something?

CLRK looks to have gotten hammered the last couple of days but is reporting earnings on Thursday. I expect them to beat. SCUR seems to be holding it’s own, but we would like to see it back into the $7.00 range.