In light of Friday's Futures Fireworks and Moral Hazards Bernanke better have a spare helicopter ready just in case he burns out the motor in his current one too quickly. I have located one for him already. In a hedge fund blowup liquidation sale John Devaney who previously put his boat 'Positive Carry' up for sale is now seeking to dump his helicopter for $11 million. The reason cited for the sale was 'changing corporate travel requirements'.And just as Devaney's need is diminishing, it is increasingly clear that Helicopter Ben needs some emergency backup. It's funny how the market works that way. Mike Shedlock / Mishhttp://globaleconomicanalysis. blogspot. com/
Following are a few charts of interest for February 27, 2007.Click on any chart for a better view. NYSE Declining VolumeNYSE Advancing VolumeNYSE Declining IssuesNYSE Advancing Issues$Nasdaq Declining Volume$Nasdaq Advancing VolumeNasdaq Declining IssuesNasdaq Advancing IssuesVIXVXN BEA 4th Quarter GDP 1st Estimate 0.7% Q&A: Why Did GDPNow Rise After Durable Goods? When are Construction Revisions Coming? The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a position in any company or advertiser referenced above. Any acti...
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