Thursday, June 5, 2008

Markets in a quagmire.

The markets of the past 2 months have been significantly depressed. Most issues are trading flat or lower with few shining stars and minuscule dividends and EPS results. At this point I'm unenthusiastically bull merely because if things get much worse I foresee a market wide devaluation to next to nothing. This is one of the reasons I've been relatively quiet. There's not much to be excited about and I think it's the primary symptom of how deflated these markets have become since the big February Bank Bust.

LNL is leading the charge in that regard with the recent mess and drama related to it on the CAPEX exchange. Some would say however, that it's pretty typical of the CEO of that corp to be immersed in drama of some form.

Is WSE ever going to wake up? I was told they may open in February.. It's June now. Knock Knock Luke? Anyone home? Updating SL. I may walk around and talk to a few old friends. Amazing that if you don't see the metaverse in 1-2 months and you're behind 2-3 updates. Hope to see you in game old friends.

2 comments:

Debt Consolidation said...

The Fed is in full liquifying mode now. Let's pray that this is as bad as it will get.

Debt Consolidation said...

Let's hope that this is the bottom