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    Obama Plan for Bad Bank Assets Could Come This Week

    If Obama/Geitner follow the Bush/Paulson playbook, they will time this with Options Friday.
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    Obama Plan for Bad Bank Assets Could Come This Week

    But what are we looking for in this plan that will help us trade it? I know, 'Buy the Rumor, Sell the News'! But what if the incentives that the Administration is offering, (i.e. Loans etc.) to the Vulchers and Hedge Funds is extremely enticing? What if the exchange mechanism they implement...
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    Economy Is In Freefall, Rantings of People Like John Stossel Aside - Proof In Data

    Some banks are indeed too big to fail. Sad, but true. We would quickly descend into anarchy should the financial system be allowed to collapse. However, Obama spent more on the stimulus than Bush did in 8 years. Incredible! He seems hell bent on creating more debt than all the presidents...
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    Obama Plan for Bad Bank Assets Could Come This Week

    The Obama administration's plan to purchase toxic assets from the banks in a public/private partnership could be made public as soon as this week, according to senior administration officials. Officials said President Obama has largely signed off on the plan in discussions with Treasury...
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    How might Uptick reinstatement impact Short ETFs???

    The SPY is a Long, not a Short.
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    You’re a Ponzi, Nouriel’s a Ponzi, we are all Ponzies now.

    All kidding aside, this all leads to the elephant in room. Who will bailout the U.S., if the U.S. needs a bailout? The answer was China until Friday. As the introduction to this thread points out, all this spending for bailouts, outrageous budgets and a historic stimulus is far beyond what...
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    How might Uptick reinstatement impact Short ETFs???

    Okay, so you're simply saying that the volatile moves downward in the market as a whole will be "dampened" due to this rule change. As a consequence, the leveraged Short ETFs will be impacted regardless of their success in accurately reflecting such moves on the backend.
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    Issues with Day Traders qualifying for a Mortgage

    Even in this down market, a decent apartment in NYC goes for well over 1M. I want to keep as much of my bank as possible, while capitalizing on this investment opportunity. The LLC sounds good! And I would think if you designated an entire room for your office, that you should be...
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    Issues with Day Traders qualifying for a Mortgage

    I've been renting in Manhattan forever, but now am seriously considering buying. I have enough capital for a sizable down payment but am worried about Board acceptance and financing because of my occupation. Does anyone know what issues I should expect to overcome because I'm an independent...
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    How might Uptick reinstatement impact Short ETFs???

    I understand, but the important line from the ProShares responses is, "When a swap counterparty has entered into a swap agreement with us, the swap counterparty decides whether or not it needs to hedge its exposure—and engaging in short selling of a stock is only one of several ways they may...
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    This Is A Suckers Rally

    Watch the news cycle, not just the technicals! If you recall, Bush/Paulson would cause major short cover rallies with announcements about backstopping the financial systems etc. They would then sustain the rally for a couple weeks longer by controlling the news cycle with further announcements...
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    Why Is The Obvious Not So Obvious?

    Ha! "Bullshite", huh??? Mr. Miyagi strikes again ... The holy grail of trading must be, "Wax on, wax off. Wax on, wax off.":D
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    Why Is The Obvious Not So Obvious?

    I don't stay in 'stupid' trades. I counter-trend swings long and short for 'winning' trades. And yes, I 'deserve' my million dollar bank and the 20k - 40k I make a month! Love this market! :p
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    Why Is The Obvious Not So Obvious?

    Ha! I've learned a little and laughed a lot reading this thread. Yes, I guess I'm a fish that spends much of my time swimming in the deep end, but always hedged with a life preserver. I do agree with you that trading reminds me of gambling, specifically ‘Blackjack’. Counting cards for...
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    Why Is The Obvious Not So Obvious?

    The first rule of waves, especially in the open ocean, is that there are no rules. Waves take their time to develop; they don't spontaneously erupt from the ocean. In reality, alternating weather patterns, varying water depths, opposing currents, fetch obstruction and a multitude of other...
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    Short sale rule

    Below is an email from ProShares regarding the impact of the rule on their Short products such as the SKF: Thank you for your email regarding ProShares. Any new uptick rule would first have to be approved by the SEC, then proposed for public comment, then finalized. Accordingly, until...
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    SEC may Reinstate Uptick Rule

    Below is an email from ProShares regarding the impact of the rule on their Short products such as the SKF: Thank you for your email regarding ProShares. Any new uptick rule would first have to be approved by the SEC, then proposed for public comment, then finalized. Accordingly, until...
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    If a uptick rule were to be in place....

    Below is an email from ProShares regarding the impact of the rule on their Short products such as the SKF: Thank you for your email regarding ProShares. Any new uptick rule would first have to be approved by the SEC, then proposed for public comment, then finalized. Accordingly, until...
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    How might Uptick reinstatement impact Short ETFs???

    Below is the response from ProShares. As I thought, the products like the SKF may NOT be effected due to their use of derivatives instead of equities for shorting. EMAIL RESPONSE FROM PROSHARES: Thank you for your email regarding ProShares. Any new uptick rule would first have to be...
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    com: Barney Frank expects uptick rule to be restored in about a month-CNBC

    How does this impact the leveraged ETF's such as the SKF that are implemented using financial derivatives, such as options, swaps, and index futures???
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