The things I say after a few beers…

I’m getting more and more bullish just because CNBC is getting more and more anti-bullish…a great contrarian indicator. Yes today’s market didn’t do anything great, but it also didn’t do anything terrible. I need to go through the charts this weekend, but I think we may be in for a decent bounce. Where it will lead I do not know….but I’m looking for more up than down.

Here’s some news I picked up on during the day:

• From Card Fees to Mortgages, a New Day for Consumers.
• Storm casts cloud over Macondo efforts.
• Hedge funds with 10b or more face large tax to pay for financial reform.

Now, it’s time for me to get on a soapbox…..today’s FinReg bill (and also going back to that ugly Healthcare bill), is total bullshit! And I’m more pissed at healthcare because I got my new invoice for my medical insurance. I used to pay $1500 per month for my wife and I. The new bill is $4200….yes per month! Yes, a 300% increase. The excuse is that we turned 55 years old this year! Fuck you Medco Health! So I went looking for another provider. Their quote was $8500. I thought great…yeah…per year. Uh, excuse me…that’s per month! $8500 per month?? Fuck you!

Since they “fixed” the credit card system last year, my interest rate on my credit cards has doubled and a few have been closed. What the $%@&*! Y’know, I didn’t vote for BO because I knew he didn’t know shit and had no experience to run any business, much less the United States. But I never thought it would get this bad! I can’t wait for 2012. At least I can vote out some of his asshole buddies in congress in a couple of months!

I digress.

Have a great weekend