Today, we have been given as close to a guarantee by the government (backing big banks) as any of us will ever see in our lifetimes. Pass up this give away and you will need new boots to kick yourself in the butt for many years to come.

The markets don’t get any tougher than the last few weeks. Nothing seems to be working, except for the toughest of the tough- bonds.

Steve McDonald of Investors Daily Edge doesn’t want to see you get ripped off at the gas pump again. He recommends two Oil ETFs that will play out as part of the “the best buying opportunity since the market collapse of the late 70’s.”

Steve McDonald of Investor’s Daily Edge recommends three profit-potential bank stocks that could play out following the downside of government intervention.

Steve McDonald of Investors Daily Edge says, “A simple corporate bond strategy can make you a ton of money in the next few years, with almost no risk to your principal. And it’s so simple it’s almost unbelievable.”

Growing up in a depressed mining area (coal mining isn’t profitable for anyone but the mine owners) teaches you things you would never learn otherwise. This is the only advantage of growing up economically challenged. The word poor is so not cool anymore.

Every market period, just like the one we are in right now, has the silver lining of giving the experienced investor the very real chance of making a fortune. Conditions are perfect for the run of a lifetime.

Look in any direction and there are bargains. Stocks, commodities, even corporate bonds, after their recent run up, have started to drop off to the point where there are nice discounts again.

Options, usually the Vegas of investments, have had huge potential in the last few months. I have sold covered calls in the last two months that have given me returns as high as four to five percent per month.

Once again, though, the average Joe is being driven to inaction and all the…

Recently I took my girlfriend’s son to buy a large screen, flat panel TV so he could play his computer games with life size characters. The deal was if he saved half of the cost his mother and I would make up the other half. If you’re new to this computer game thing, it’s visual crack for these kids.

Off we went to the store where he had scouted out the best price on the unit he wanted. Wow, these things are expensive. As he stared in wonder at this digital behemoth, the sales person dutifully came up to close the deal.

As is always the case, numbers started flying back and forth between the sales person and myself; cables, warranties, delivery…

America’s finest quality is that it has no memory! Three months ago, the topic of the day was which window to jump from; today all I hear is how hot the market is. This morning’s conversation on “Squawk Box” was how the market has moved 24 percent and maybe there is too much exuberance.