Recent content by Thurgood

Hey deuchebag. Do you still need me to elaborate on the bigger picture?

I will take a swag at this later on. It also depends on what your definition of doom is? I don't think the world will end. I don't think banks will run of capital. I don't think we'll go into a depression, but rather a "great recession". My definition of doom as it relates to the stock...

It's all about the consumer. Your math is right, but you are missing the bigger picture.

So we save people from being thrown to the street by cutting rates, rebates, etc...We bail out the bond insurers. So what. So they stay in their house. However, the champagne taste now has a beer pocketbook. The consumer is 70% of our GDP. So what about housing, bond insurers and the...

Where is the short list of these 100? I'd like to bookmark them (seriously).

edit: http://online.barrons.com/article/SB120191107370836867.html Barron's: Are we in a recession or are we perhaps talking ourselves into one? McNay: We certainly are in an economic slowdown, and my personal opinion is that we are in the early phases of a recession. Whether we are...

http://www.nowandfutures.com/key_stats.html

Yes, the prices of real estate can not be sustained with no amount of Crack supplied by the Fed. I was only pointing out the foreclosures could speed up the deceleration. It's going down regardless.

thereby driving the home values down even further...

They've been adding at a rate of 15% lately. More than 3x the average.

why on earth would they allow someone to bust a trade the next day? What reason would I possibly give? I use Fidelity (yes I know, moving to IB next week)

I have done mine... We are not even close to being out of the woods. In fact we haven't even made a 50% retracement in the markets since the sell-off. I don't think it should surprise anyone to see this bear market rally. The bottom _might_ have been put in, but we will know when it's tested...

I want to see the action at the open and I want to wait for the jobs reports. However, if the contract opens at > $13 (traded higher than that yesterday) I'll probably sell 5 contracts and keep 5 contracts. I had 8k shares of yahoo @18.90 and sold them yesterday... SON OF A ....

Fair enuf. Let me ask you, Do you think there is an underlying problem?