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Ron, with all due respect you really need to calm down and stop with all of your partisan fear mongering . . . Given the softness in the economy and our frozen credit market - - - no one in their right mind is going to RAISE taxes on any income group for the next couple of years...

Where do you get your $46 earnings number for the S&P 500 from? Can you provide a reference?

Excellent point. I really do think that seeing gasoline prices get cut in HALF here in California is having a stimulative effect on shoppers and their retail consumption.

Ever thought that you have an "axe" to grind and are talking your position and/or trading style? I simply made an observation in regards to a large shopping plaza in the San Francisco Bay Area suburbs in a county where the unemployment rate ( which was at 4.9% in Sept. of 2007 ) is now at...

Maybe I missed it in the article, but the guy doesn't give ONE SINGLE reason for identifying February as a time to get back into the market. Articles like these appearing in the financial press actually make me more bullish as the SPX has fallen 25% ( up until Friday ) since the Election.

and expected to find a parking spot in an empty parking lot with ease . . . To my amazement, I had to spend 15 minutes going up 6 levels of a parking garage at a Mall in California in order to find a parking place! The entire mall was jammed with shoppers . . . and they were buying...

"Coming back to the Uptick Rule or banning all short selling will actually hurt investors all across this country because short selling creates more liquidity as long as the people who sell short are economically involved in the transactions and stand to lose as well as to gain." - - - Harvey...

Like I've said before, you watch far too much CNBC. :D

Mup, the next MAJOR Bradley Cycle date is December 14th, coinncidentally! :p

Pabst, your logic escapes me. I hope you aren't "cheerleading" the fact that the 30 year, 10 year, and 2 year T-Bonds spiked in price yesterday with yields hitting all-time lows - - - not too mention the fact that 1-year Bills were trading at a ZERO yield. That would not be something I would...

Yep. That was the count that I was looking at and which gave me an SPX target of 732 given that 1.618 x 170 (wave 1) = 275 1007 - 275 = 732

The market cap is only $20 billion now. The government might as well just BUY them lock, stock, and barrel.

Volcker is 82 years old.

Typical "conspiracy" comments on ET by those that continue their lives as "paper-traders". The bottom line is that there was a ton of capitulation in the Treasury market yesterday and today's market was set-up with enough negative sentiment for a news announcement that removed some...

Very interesting day . . . with tons of capitulation in the Treasury market yesterday. Hmmmm . . . Double bottom intra-day on the SPX at 741.02 and then 743.03 at 2:20PM Eastern. Got some room to run??? :cool:

Look, I see most of the appointees in this current Bush Administration as total incompetents . . . from Rumsfeld all the way to Paulson and our beloved SEC Chairman Cox ( from Orange County, California ) who REFUSES to re-institute the "up-tick" rule.

Thanks, but I hope you made more than just 10 handles . . . since we just moved 50! :D

Thanks~!

Really now??? Then why was he the lead "architect" of allowing LEHMAN to go under?

Bill Buckner reincarnate.