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In my opinion, you can only really do this in macro-global type positions ( such as currencies ). Soros has had great success doing this over the years . . . But then again, his bets are truly fundamental in nature and not all that frequent.

So then let me ask you this . . . If Bush has been so prudent in his global war on terrorism, then why has he and his Administration allowed Iran's nuclear program to advance dramatically over the last 8 years? Why did "Tough Guy" Bush REJECT the Israeli's plea to have permission to fly...

If he's so intelligent, then why did he appoint Donald Rumsfeld as Secretary of Defense? Alberto Gonzales as Attorney General? Gayle Norton as Secretary of the Interior? Christine Todd-Whitman as head of the EPA? Michael Chertoff as Secretary of Homeland Security? Pat Wood as head of the...

No, of course not. Bush merely appointed Ivy Leaguer's Hank Paulson and Ben Bernanke to "bail-out" AIG with $145 BILLION of taxpayer money, BSC with $29 BILLION in taxpayer money, BAC with $45 BILLION of taxpayer money, CITI with $45 BILLION of taxpayer money, Wells Fargo with $25 BILLION of...

I guess you aren't aware of who created the "Commodity Futures Modernization Act of 2000" and how it was the birthplace of $34 TRILLION in credit default swaps, an Enron that completely "gamed" the power grid of the world's 6th largest economy with power contracts that were un-regulated, not too...

I guess you wouldn't consider a 50% decline in the value of the dollar over the last 8 years that ramped Crude Oil to $147 per barrel as a "terrorist" attack, let alone the fact that China and Japan own nearly half of our national debt. How naive.

If that's the case, then why did the President-elect appoint Robert Gates as his Secretary of Defense and General Jim Jones ( a hardcore McCain supporter ) as head of the NSA?

You certainly have a most "twisted" view of reality . . . John McCain didn't make a suggestion to increasing troops in Iraq until way too late . . . In fact, the record shows that former Army Chief of Staff, General Eric Shinseki went on PUBLIC record back in February of 2003 when he told...

:eek:

Yet another "paste and cut" article from ET's resident paper-trader, S2007S. How much does Baron pay you per post, anyway? Yawn.

Close: $78.72 Looks like people are finally figuring out that defense spending is a great way to create jobs and STIMULATE the Economy. The entire defense sector was on fire today! LMT stated that a fully-funded F/22 Raptor program would create 95,000 jobs. :)

Not to be confused by "paper-traders" who can't trade and spend their entire day on ET producing "cut and paste" articles and getting paid .25 cents per post. :D

Sorry but Meredith Whitney has been saying that Citi's dividend was NOT sustainable. On Nov. 27th she issued a research report stating that there would be more asset sales by Citi, and a reduced dividend. http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aoMAgN7MJXIU In fact, she's...

Powering higher today in a "soft" market atmosphere before the weekend. +$2.50 to $78.54 :)

Henry Bloget: "In mid-December, the WSJ tells us, Bank of America (BAC) went to Hank Paulson and threatened that if he didn't give the firm another TARP bailout, they'd abandon the Merrill Lynch deal and cripple the financial system. Paulson then apparently spent more money he didn't have...

Traded as low as 28.84 today. That is the lowest that the USO has traded with the exception of 27.73 on Dec. 26th. Still seeing an outrageous spread between Feb/March crude . . . now +$8.00 :eek:

50% level hit and now bouncing. :)

Just retraced 38.2% of the rally in the SPX at the 838 level, and broke that level! Eyeballing the SPX, I get: 50% = 834.30 61.8% = 830 ____________________ NOTE: A RECORD -$148 BILLION came out of mutual funds during the month of December, so says Charles Bidermann of Market...

Your "fears" are totally overblown. From the QuoteTracker website: "QuoteTracker is written in Delphi where as the error is a C++ error. The only things we use that are written in C++ are the Internet Explorer components and standard Windows components. " Jerry Medved ( the developer )...

Yup., +$8 now. Wish I had a tanker! :D