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    Consumer spending

    Again, to repeat, it is jobs, stupid!!! We must put people back to work at good paying jobs to increase consumer spending. Our government must put America first by restoring our industry base. Too many college graduates, those fortunate enough to find employment, are underemployed at jobs paying...
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    Consumer spending

    Consumer spending is the spoke that keeps the economy wheel turning. But our politicians have killed the middle class. Without money to spend there is no one to purchase goods and services. The economic stimulus plans are faulty by not attacking the core problems of the economy. Both Bush and...
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    struggling trader

    SethArb wrote: 02-21-09 02:44 PM its simple ... buy low - sell high ------------------------------------------------------------------------- ....or sell high - buy low
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    Dodd Says Short-Term Bank Nationalization Might Be Necessary

    "This administration continues to strongly believe that a privately held banking system is the correct way to go, ensuring that they are regulated sufficiently by this government," White House press secretary Robert Gibbs said when asked about nationalizing the banks. It's official...
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    Dodd Says Short-Term Bank Nationalization Might Be Necessary

    Taking C and BAC out of the DJIA will give the market a short term artificial boost since the DJIA is the most widely reported market indicator. I doubt that they will be replaced by other bank stocks. Of course, any changes will occur over a weekend. In my opinion, nationalization is a real...
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    Kudos to MMs

    Kudos to MMs standing toe to toe with these sellers the whole way down. They are getting Chinese water tortured to death. Can you imagine standing toe to toe into known redemption? People that tell me that these guys cheat and don't fulfill their obligation to make markets as a last resort, uh...
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    If most daytraders lose money, then...

    To be long term successful trader you must be a contrarian. Don't do as the talking heads professional advises but do as they do. Either buy low and sell high or sell high and buy low. Buy and sell like the market makers/specialists.
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    Request from Michael Moore

    Will You Help Me With My Next Film? ...a request from Michael Moore Friends, I am in the middle of shooting my next movie and I am looking for a few brave people who work on Wall Street or in the financial industry to come forward and share with me what they know. Based on those who...
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    This is what stimulus plan should have been!

    WASHINGTON (AP) -- Fears are mounting about losing a job, not having enough money to pay the bills and evaporating retirement accounts, according to an Associated Press-GfK poll released Wednesday. Nearly half of those surveyed said they worry about becoming unemployed -- almost double last...
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    First North American Trading

    As promised, I am updating on my experience with First North American Trading. The original refund check was returned marked "Not Eligible for clearing". I never found out the reason but Eric said some USA banks would not accept his checks. I contacted Eric on 2-11-09 and he said he would...
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    This is what stimulus plan should have been!

    What has happen to our nation is the loss of the middle class and their consumer spending. Our stupid leaders (Clinton, Gore, Bush and every politician that has voted for and supported so-called 'free trade') has killed our industrial base. Ross Perot tried to warned the voters but they...
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    Bond Traders

    To all of the municipality bond traders, how about giving an opinion on "swaps" and "refunding" as outlined in this this posting. Thanks. “WHEREAS, the Outstanding Loan Agreement currently bears interest at a rate in excess of market rates because the Authority Bonds funding the...
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    Another day in paradise

    Just wait a couple of days for the professionals to get their ducks in a row. They are busy selling their long positions and going short while telling the naive that everything is okay. The 12% drop was already "built" in the expectation. Just be on the safe side and limit your long side exposure.
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    Reason for economic crisis

    This is another posting I thought might be interesting on this subject. This is not my posting but was on another forum. -------------------------------------------------------------------------------- I'm well aware of the CDS/MBS issue and why the credit markets are currently frozen. The...
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    Reason for economic crisis

    "You forgot to add 'print money'" ---------------------------------------------------------------------- Believe me we won't be able to print enough dollars, pounds, euros, yen combined to 'buy up' what could be 20- 50 trillion dollars of worthless credit default swaps. It ain’t gonna happen !
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    Reason for economic crisis

    I read this posting in another forum so I thought I would post it in ET for your comments and discussion. ___________________________________________________ Avis & BT seem to think the way we 'got here' is through some mechanism of productivity vs debt as it relates to GDP. Or something...
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    How do the Cayman Islands assist in avoiding taxes?

    Saipan is better for taxes since you pay only half of the federal income taxes. They have no local income tax or sales tax. Plus you get the bonus of an island paradise!
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    Best place to build a retirement home.

    Saipan. Can't be beat for year round climate. Cost of living little expensive but no sales tax and only half of mainland federal income tax. No local income tax. Residents are USA citizens. Plenty of green plus year round cool breeze off ocean. No smog and low crime rate.
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    US Equities- Guaranteed MOC & MOO Prices

    Can someone please provide advice regarding NASADQ MOC/MOO orders?? ------------------------------------------------------------------------ You would not be assured of receiving the opening/closing price. However, the only way you would not be filled at the opening/closing price would...
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    VWAP Routing

    I contacted Genesis and was informed they do not accept orders for VWAP on the close. Their Laser program may have such orders available but, according to the information they directly told me, the firm will not handle VWAP orders.
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