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I think that you guys are way off, and totally overestimate how much money these people are making. There is a reason why there is so much turnover at CNBC . . . It's because of the low salary.

Yes it does!!! http://www.formula1.com/gallery/race/2009/805/ :cool:

Lost another 46 rigs. I think it was -41 the week prior.

Lower volumes all the way around today. Lots of push, push, chop, chop, flush, flush kind of moves today. --- G20 Summit next week and possible mark-to-market policy on April 2nd. 3-4 handle ES squeeze on the close. Mup, don't forget your Weekend homework assignment, daily counts on...

.618 would certainly get us up to your 848/849 target . . . But it might not happen today. Looks like they are trying to break it lower again, testing the low at 2:48PM Eastern.

Nice call Mup! Got the initial run up, and now a retracement. 40 minutes left in the session~! Are there any shorts left to squeeeeeze? :)

Goldman's favorite Coal name is Arch (ACI), but in todays' research report they actually favore the NAT-GAS sector over Coal because of the dramatic decline in natural gas drilling activity. They feel that Nat-Gas has much more room to pop on the upside, and will grab some of the electrical...

i know this may seem counter-intuitive, but if the US is the first to recover from this GLOBAL recession . . . then there will be a whole lot of funds being put to work here and that means buying DOLLARS! :)

Goldman downgraded a bunch of energy names and initiated coal stock coverage with what looks to be a "sell". . . Nat-Gas is getting pounded again ( 2 days in a row, now at $3.78 basis May ) and this is putting HUGE DOWNSIDE pressure on the natural resource, energy, and commodity sector.

The Obama Administration's meeting with the Banking CEO's just broke out . . . here comes the press conference, and perhaps quick pop, and then Fade . . .

Wow, that brings back a name from the past! I remember my first boss, Victor Sperandeo talking on the phone, on many occasions with Mr. Jiler. This was back in the mid-80's. :)

Commodity Index funds are nothing new. But the amount of money that has poured into them over the last couple of years is NEW . . . especially given how much PENSION FUND money has been allocated into the commodity markets via the index funds. In fact, the amount of money that went into the...

While it's true that there appeared to be an awful lot of shenanigans going on ( Thank You ICE, Phil Gramm, among others like Platt's and their widely used price-reporting system that may have tipped off owners of storage tankers), I do seem to recall that the Israeli's had asked the United...

My guess is that 99% of the people that post on ET have NEVER been on a trading floor . . . Hence, the ET idea of what the atmosphere is like on a trading floor is pure fantasy. Thanks for your input. :)

:D Nice bounce back off of that 815.50 SPX area so far.

Not true. That's Corey Rosenbloom's blog. And believe it or not, he admits that he got so caught up in Wave 4 not being able to penetrate into Wave 1, that he forgot to take into consideration an Expanding Diagonal in which the waves are elongating as they develop. As we all know, Wave 4...

I have noticed an increased use of the words "fuck" and "shit" on ET and recently brought this to the attention of an ET Moderator. A Moderator replied back to my inquiry stating that these are "accepted" words that are quite common in a TRADERS vocabulary. If they aren't used in an...

Mup, Check out the Daily Chart of VLO (Valero Refining) from the low of last November on . . . and do the EW count on it. If you have time, go back to the July of 2007 highs and work your way down to today's action. It looks like it tracks EW very closely. See what you think!

And George Bush never scripted his press conferences with pre-selected journalists and questions??? It never ceases to amaze me just how completely IGNORANT a lot of ET posters are. With each additional post, their IGNORANCE shines through time and time again . . ...

End of the quarter is forcing a lot of portfolio managers who are under-weighted and in too much cash to pile into the market. That is why you see so much "rotation" and rather brief declines that are met with strong buying. Financial stocks took a breather today while the defense and...