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	<title>Financial Markets &#187; Markets</title>
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	<description>Random musings on global financial markets, technology, physics and geopolitics</description>
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		<title>US Equity Markets</title>
		<link>http://www.appapillai.com/blog/2008/04/09/us-equity-markets-3/</link>
		<comments>http://www.appapillai.com/blog/2008/04/09/us-equity-markets-3/#comments</comments>
		<pubDate>Wed, 09 Apr 2008 22:22:30 +0000</pubDate>
		<dc:creator>mano</dc:creator>
				<category><![CDATA[Markets]]></category>

		<guid isPermaLink="false">http://www.appapillai.com/blog/?p=14</guid>
		<description><![CDATA[  The downward trend in the market continued today . .  a steady decline, not a major decline. Earnings reported continue to be lower as expected giving no reason for the markets to rally. Key technical support levels will be reached soon and whether these levels hold will depend on the earnings reported. Below are [...]]]></description>
			<content:encoded><![CDATA[<p> </p>
<p><img src="http://www.appapillai.com/blog/Charts/2008-04-09ES.png" alt="" /></p>
<p>The downward trend in the market continued today . .  a steady decline, not a major decline. Earnings reported continue to be lower as expected giving no reason for the markets to rally. Key technical support levels will be reached soon and whether these levels hold will depend on the earnings reported.</p>
<p>Below are key ETFs that are traded:</p>
<p><img style="vertical-align: middle; border: 2px solid black;" src="http://www.appapillai.com/blog/Charts/2008-04-09index.png" alt="" width="455" height="137" /></p>
<p> </p>
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		<title>The humorous side of Carl Icahn in the Texaco/Getty lawsuit</title>
		<link>http://www.appapillai.com/blog/2008/04/04/the-humorous-side-of-carl-icahn-in-the-texacogetty-lawsuit/</link>
		<comments>http://www.appapillai.com/blog/2008/04/04/the-humorous-side-of-carl-icahn-in-the-texacogetty-lawsuit/#comments</comments>
		<pubDate>Sat, 05 Apr 2008 00:31:19 +0000</pubDate>
		<dc:creator>mano</dc:creator>
				<category><![CDATA[Energy]]></category>
		<category><![CDATA[Markets]]></category>

		<guid isPermaLink="false">http://www.appapillai.com/blog/?p=7</guid>
		<description><![CDATA[http://www.youtube.com/watch?v=UEc8Xzn1WqU&#38;hl=en For background on the story from the Wikipedia : Joseph D. Jamail, Jr (born October 19, 1925 in Houston, Texas) is a Lebanese American attorney and billionaire. One of the wealthiest lawyers in America, he is frequently referred to as the King of Torts. In 1985, Mr. Jamail represented Pennzoil in a lawsuit against [...]]]></description>
			<content:encoded><![CDATA[<p><a title="Video" href="http://www.youtube.com/watch?v=UEc8Xzn1WqU&amp;hl=en" target="_blank">http://www.youtube.com/watch?v=UEc8Xzn1WqU&amp;hl=en</a></p>
<p>For background on the story from the Wikipedia :</p>
<p><strong>Joseph D. Jamail, Jr</strong> (born <a title="October 19" href="http://www.typepad.com/wiki/October_19">October 19</a>, <a title="1925" href="http://www.typepad.com/wiki/1925">1925</a> in <a title="Houston, Texas" href="http://www.typepad.com/wiki/Houston%2C_Texas">Houston, Texas</a>) is a <a class="mw-redirect" title="Lebanese people" href="http://www.typepad.com/wiki/Lebanese_people">Lebanese</a> <a title="United States" href="http://www.typepad.com/wiki/United_States">American</a> attorney and <a title="Billionaire" href="http://www.typepad.com/wiki/Billionaire">billionaire</a>. One of the wealthiest lawyers in America, he is frequently referred to as the King of Torts. In <a title="1985" href="http://www.typepad.com/wiki/1985">1985</a>, Mr. Jamail represented <a title="Pennzoil" href="http://www.typepad.com/wiki/Pennzoil">Pennzoil</a> in a lawsuit against <a title="Texaco" href="http://www.typepad.com/wiki/Texaco">Texaco</a>. Pennzoil won the case and his contingency fee was $335 million. According to <a title="Carl Icahn" href="http://www.typepad.com/wiki/Carl_Icahn">Carl Icahn</a>, Jamail planned on using the proceeds from this case to &#8220;buy p?ssy.&#8221;</p>
<p>You can read more about Joe Jamail <a href="http://en.wikipedia.org/wiki/Joe_Jamail">here</a> and <a href="http://www.pointoflaw.com/archives/002324.php">here</a>.</p>
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