Quick Announcements:

• TWI will be announcing an exciting offer for readers sometime this week.
• A new “guru” could be joining the TWI team. More details to come soon.
• Due to the release of GTA IV this week, I could vanish for weeks (not really, but its finally here).

What other people are saying (click on their link for full story):

Wall Street Journal: “What we should care about is that deserving small businesses and homeowners have access to loans; we need a spark plug to start liquidity, rather than focusing on the losses of the past. In some cases we may need to split the bad bank that needs cleaning up from the newly capitalized bank with fresh funds, which will go back into the business. In many cases, this can be accomplished with private funds, once asset prices are realistic.”

The Net Fool: “Sometimes we need to step back and consider how we are doing. Far too often, bloggers fail to see the “big picture” of things, and focus too heavily on the near-term. Not the Net Fool. All websites are stocks in my mind, and I am focused on improving my margins (efficiency versus other “companies”) and increasing my growth rates (traffic, subscribers, etc.) across the board.”

The Digerati Life: “Unfortunately, the uncertain economic climate isn’t encouraging too many people to play contrarian right now. Many people aren’t quite ready to step up and buy just yet because they are afraid of “catching a falling knife”, which is what most investors concern themselves with when trying to determine when it’s best to get back into the market.”

BloggingStocks: “The way these five people get there reveals what our society most values — the ability to help people with huge amounts of money get much richer as quickly and consistently as possible.”

Option Addict: “For the life of me I cannot recall a time where I was ever this bored with trading. I am tired of the routine, I am tired of the results, I am tired of reading every analysts interpretation of the market, I am tired of the retards at CNBC, I am tired of reading and hearing the same old news, I am tired of looking at the same old charts, and I am tired of talking about the same old BS…”

CNN Money: “The worst of the credit crunch may finally be behind us. There have been no more major bombshells from financial institutions, a sign that the Fed’s six rate cuts since last September and massive injections of liquidity into the banking system may be working.”

Hedge Against Speculation: “I think we see a bullish trend within a bear market. Further, there is a higher right shoulder, this is an even stronger signal. Some people may draw the head line or neckline where resistance is. I however drew the neckline a little bit more accurately. After breaking 1366, a short-term uptrend should have followed which we got. Now we have another obstacle to pass…“

eXtra for Every Publisher: “Time will tell and maybe they will prove my theory wrong, but all of the signs of a bubble are there. Much like the past, dreamers will blindly plunge into a field they know nothing about hoping they can be the next big thing.”

The Street: “Exchange-traded funds tracking oil were some of the worst performers this week as a surging U.S. dollar sharply pulled down oil prices following a days-long tear into record territory.”

image source - espn.com

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