Recent content by stbruce

Atleast you didn't lose money I am sure there is some poor bastard out there who went long at 33.75 on the intial spike

Really low volume as well

So much for hotter then the nmx ipo

I was wondering what others do in this situation..... I trade futures using a couple of indicators, though its mostly just trend following. Here is my question, when I set up my trades, I use the highs and lows for the prior day in the open auction session to set up my entry and to place my...

Is it just me, or is the Scottrade commercials that CNBC plays 20 times an hour the most annoying commercial out there?

What happens to the traders who were trading under sub llc's for Jasper? I assume they are affected by this as well?

Nikkei is actually up since the open... it opened gap down about 700. I am just waiting to see what happens when China opens in 10 mins.

Anyone use an Oil Squawk with success? TTN seems to get the most press but I have not actually heard of anyone who uses the petro news from them.

I suppose two things could happen..... 1) The average family making $60,000, didn't take on any more debt, and they each got 1.5% salary increases yearly starting five years ago when they got the ARM, thats roughly an additional $500 net they have each month to offset the increase in a...

Good point, I could see a 200bp increase and penalties put an overextended household over the edge.

This may sound naive, but 30 year fixed mortgages are only about 20-30 bp higher the a lot of ARMS.... couldn't the 1 trillion in ARMS just refinance to a fixed without much change in the monthly? Wouldn't this prevent most of the defaults?