Inauguration Day

Today is the big day for Obama and I wish him a heart felt good luck. He has a herculean task in front of him and I hope he and his staff can stop the bleeding.

The futures are down as the market digests some bad financial news out of Europe. Nationalization seems to be the direction taken over there and the fear of adopting a similar strategy here has the markets tentative at best this morning. We (taxpayer) already have some warrants in AIG,BAC,C and many others-will we go all in ? Time will tell.

Good luck today and if you are following my financial picks, they are only valid at the designated price points.