Let it never be said that Wall Street isn’t receptive to comebacks.

Greg Newton at NakedShorts thinks twice about signing up with a new low-cost brokerage.

John Carney at DealBreaker.com points to a story about one of LTCM’s architects getting back into the hedge fund game.  DealBook weighs in as well.
CXO Advisory Group highlights a paper that might have finally found a use for the VIX as an indicator.

TraderFeed notes, “On average, it takes volume chasing the rise to put an end to the bull.”

Fundamental indexation remains in the news. Greg Newton looks at how one player in the game has already profited on the idea.

Eddy Elfenbein at Crossing Wall Street on the biases inherent in traditional market capitalization weighting schemes.

Matt Krantz in the USA Today looks at the whether value stocks are still good values.

The talk of art as an alternative investment continues apace. Thomas Kostigen at Marketwatch.com reports on the effect high auction prices are having on interest in art.

Kelly Crow in the Wall Street Journal reports on Christy’s move to add online bidders to their art auctions.

Chad Brand at the Peridot Capitalist has some logical advice for Rupert Murdoch and MySpace.com.

Eddy Elfenbein has an interesting post on why he is a “perma-bull” and how some things never change.

DealBook notes an item on the growing number (and influence?) of angel investors.

Elizabeth Nowicki at Truth on the Market wonders why boards of directors would sign off on “spring loaded” option grants.

Despite good news on the deficit Randall W. Forsyth at Barrons.com looks farther down the road at future imbalances.

Greg Mankiw thinks confirmation bias plays a big role in how people look at recent federal revenue surprises.

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