coincidentally I was reading about JP saving things during the panic of 1907 , reminds me a little of Bernankes activities as of late and yet lots are against his practices , tough to figure out , but they say ignorance is bliss . Obama helped a great deal too with QE . Too many it seems are caught up with peoples personalities or else to lazy or stupid to figure things out . Note the Hang Seng each night , use that as a " Williams% " as well ( advance look ) yesterdays close there was 600+ points down , similar to our drop today , macroeconomics plays a larger part and its getting larger each day . South Americas market is another to follow , I follow them all , we saw what happened with the uncertainty in Ireland and after it was resolved , yet the clouds just floated nice and easy as they will continue to do so , as will coal . Have a Good Holiday , I will . Rainman
HI JOE ==we are doing fine with the dow being down every day.if there is a santa claus rally i'll venture to predict rax will blow thru 30 and beyond. bb-gump might be interested to know that when J.P.MORGAN first started out lending ,he did'nt look at a borrowers bottom line or or his P.E.-he looked at the borrowers character -here in TEXAS we are very big on character.
rackspace has a huge line of credit [ check it out] if needed for future growth and expansion. so there's no problem there.