1. A Mitch Rapp Christmas

Book: "Executive Power" by Vince Flynn
Review: 4 bill-stars (out of 5)... outstanding!

These Mitch Rapp books are just outstanding guy reading. So great!
Next one's already on order.
I'm snarfing hardcover editions on ebay... about $10 a throw. That's a couple more bucks than a crappy, tiny paperback, but a lot easier to read.

QOTD

"Rapp held his gun up in the palm of his hand for the president to see, and said, 'This is the only thing the zealots understand, sir.'"
- Vince Flynn from "Executive Power"

Hot dam!

2. Economy 2010
What's in store for the economy in 2010?

As an investor, I don't care (well, sort of)... run with the trend and get out on a significant reversal. Of course, in reality, the economy is pretty dang important. It seems inconceivable that we just pop out of our sideswipe with near-depression and just return to near-normal in 2010. But who knows?

Banking analyst Meredith Whitney is a media darling and uber-hot (below)... what a coincidence, eh.
She is also a 2010 doom-sayer.

QOTD2

"[Whitney] says the sand will hit the fan in Q1 2010 as another wave of losses hit the banks, taking the rest of the stock market down with them. There will be no place to hide. There is no credit for medium and small sized borrowers. There has been no bail out for consumers, which account for 70% of American GDP, and there has never been an economic recovery without their participation."
- My fave Mad Hedge Fund Trader blog, source

We shall see.
One thing I've learned over the past year... nobody seemingly knows a dang thing. Experts, bah! In a 10 minute sitting, you can read one expert calling for hyper-inflation, the next a depression, and the third a return to normalcy.
Whatever.

Gold and a couple other holdings are down a bit... watching for a significant break that would signal me to sell. I'm working on fine-tuning all this... working.
buy low... yow, bill

Labels: 4stars, books, investing, myphoto