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I'm sorry, but before you go off screaming about how someone is a DOUCHE-BAG you might want to actually LISTEN to what he is saying and have an actual understanding of what drives his market calls. I believe that his cycle was coming in on Feb. 13th. He was looking for a LOW and then a rally...

Sorry man, but your spelling of intelligent cannot be passed-off as a simple typo like the way you misspelled the word control. :D

The March contract expires tomorrow.

Joe Terranova was bullish on CNBC today on Crude. Probably going lower . . . :D

Excellent point!

I got that same sick feeling in my stomach every time Phil Gramm opened his mouth. The biggest scumbag that this Country has seen in quite some time.

Unemployment is still going to push up towards 10% in 2010. All the Administration can do is SLOW THE RATE OF CHANGE. They know full well that this is all that they can do at this point. Meanwhile, $787 Billion is only 5.5% of 2008 GDP. It's a drop in the bucket. Kind of like trying to...

Excellent point!

I don't know that much about Zandi's background, except for the fact that he is a registered Democrat that was an economic advisor to John McCain. Republicans see him as a Democrat. Democrats see him as a Republican. Zandi's criticism about the Stimulus (spending) Package is that it is far...

Agreed.

With all due respect, your figures are far too simplistic for such a complicated issue. Merrill Lynch says that 2 out of 6 mortgage holders in this country are upside/down. According to their analysis, if housing prices fall another 15% nationwide, that number increases to 1 in 2. I know...

Once again, where does it show me arguing against Santelli's point of view in regards to the Housing bail-out? I simply said that Santelli is over-rated . . . and that is pretty easy to see when ( as I posted on another thread in this Forum ) he's on MSNBC, which is full of elitists. And...

This is virtually the same proposal that McCain unveiled during the Presidential debates. The good taxpayer and responsible mortgage holder subsidizing the "bad".

Wow. So Bolling and the other veteran traders at the NYMEX have all of the brokers trained to come to them? That's FUNNY. Meanwhile, you say that you aren't singling out Eric Bolling, but then you go right ahead and make him your "Exhibit A" example. How convenient. And how convenient...

Don't be a Fool. When have I ever said that I'm a fan of Steve Leisman??? You really need to try and brush up on your Reading Comprehension skills. Right now, they are at the level of a 5th grader.

Part of the discussion ( and view espoused by Roubini ) was that there actually needs to be a reduction of the face-value of the homeowner's mortgage in order to give them incentive to not "walk" away . . . along with Roubini's idea to "nationalize" the banks with management that actually knows...

AGREED. And that is why I think he is actually "over-rated" . . . it's easy to look halfway intelligent and rationale amidst all of the Elitism on MSNBC.

Dude, you are TOO FUNNY! :D You can't be serious. The NYMEX is a spread market. 95% of the traders there are spread traders. Have you even been on the floor there? I have. And if you actually think that the NYMEX is a "Den of Thieves" . . . I wonder what you would call the S&P pit...

The key word is former . . . In my opinion, if he had been successful at trading, he would still be doing so. And given his positions at Rand Financial, Geldermann, and Drexel over the years, I would suggest that it has been many many moons since Santelli was an "active" trader. Think...

Resistance . . .