Morning Call-More reading on the auto bail out & Technical Update
Steve Cook on Disciplined Investing

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Economics

   This Week’s Data

    The New York Fed’s December manufacturing survey was reported at -25.8 versus expectations of -26.5 and -25.4 recorded in November.  Not a good start to the week.
   
   Other

    This on the auto bail out failure from my favorite left of center blogger:
    http://www.slate.com/blogs/blogs/kausfiles/archive/2008/12/12/where-do-unproductive-work-rules-come-from.aspx
    http://www.slate.com/blogs/blogs/kausfiles/archive/2008/12/14/who-said-unions-aren-t-productive.aspx

    In support of his position:
    http://mjperry.blogspot.com/2008/12/22-pounds-of-uaw-rules-and-regulations.html

    And from my favorite right of center blogger:
    http://article.nationalreview.com/?q=NmFiMWFiNjk3NjRlNzc0YmZlMWI2Yzc1NDU5MmI1ZTY=

    The case for Chapter 11:
    http://www.ft.com/cms/s/0/1a2e2042-c79f-11dd-b611-000077b07658.html?nclick_check=1

    One alternative to solving our trade deficit problem:
    http://www.ibdeditorial.com/IBDArticles.aspx?id=313892109107330

Politics

  Domestic

  International War Against Radical Islam

The Market
    
    Technical

    Technical update from TraderFeed:
    http://traderfeed.blogspot.com/2008/12/indicator-update-for-december-15th.html
    http://traderfeed.blogspot.com/2008/12/money-flow-update-for-december-14th.html





Posted 12-15-2008 8:21 AM by Steve Cook
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