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Finally some wisdom. there is hope for ET after all.

John McCain doesn't have a clue. He actually said in one debate that he thinks interest rates should be set to zero and left there. He was a great man, but now he is just a puppet.

Think about how much money came out of world markets in January. Now that money is getting put in different places. New trends will be started.

Only playing brother. No harm done.

Overnight futures= Some great traders, some afterwork addiction traders, and some overseas traders. But really when the futures are up, down, or flat at midnight, doesn't mean shit because they can move so much before the open. Just look at them an hour or less before the open. Deepfried...

In the last few minutes before the close, the SPY was ticking back and forth more than a dollar. I'll bet plenty got some horrible fills with any market orders.

These guys were stressing about their overnight positions because futures were down big. Then the futures reversed like they do many a night. You shouldn't even look at them until close to market opening. Unless of course you are trading them. No need for extra, unneccessary stress unless you...

But I love these guys. Great contrarian indicators on here.

I hope you guys learned a lesson here. Like maybe just forget about the futures all night unless you are actually trading them. Really, they do this all the time! Unless, of course you like stressing about your positions overnight. Hmmmmmm.

Hehe. Welcome to WallStreet.

Funny that they changed the bankruptcy laws right at the height of the madness in the housing bubble. http://money.cnn.com/2005/04/20/pf/bankruptcy_bill/index.htm

It's called a bounce of beaten down financial stocks!

You know what the "highest-value providers" will do with any extra money they get? SHORT THIS MARKET!!!!!!!!

I am speechless. Can we vote for the best quotes of all time here on ET? Sort of like the Citibank executives. What world did you grow up in? You must be very young or very old.

His timing was right, who gives a shit about speling.

What kind of signal gave you a buy here?

I do not know details of the plan. Still can't find news on the specifics. I assumed it was for lower incomes. $800 per person is not small??? That's about $2.25 per day. Trickle down is such a nice phrase. But no one ever seems to be able to explain it in detail how it works because it...

It is a bit more complicated than that buddy. You know if they raise rates, the dollar could strengthen right? Thus oil, food, imports get cheaper for us. The FED is in a box, as they say. Increasing rates killed the Real Estate market? I never heard that one before.:confused:

This is too funny. I don't know how, but Reagan convinced all rednecks on this one. Think about it for a minute buddy. If you give money to the middle/lower income most of whom are living paycheck to paycheck, they are going to spend the money. Pay off debt, buy products, fix the car...

Hope you got stops, but we are due for a good shakeout day before we can bounce.