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As a senior financial trader at the Quantum Fund once told me over dinner at Santa Fe back in 1987 on the Upper West Side . . . " . . . They're ALL hookers!" :p

No one wants the Jan Crude because the storage facility in Cushing Oklahoma is totally full with crude. No place to put it.

No, he sucked as badly as all of your BULLISH posts during one of the biggest market declines in history. Besides, I don't think he was VP. He was President.

Most of your hedge-funds that trade the indexes have already closed up for the year. Also, Morgan Stanley announced in their recent earnings this week that they would stop some proprietary trading strategies . . . Whether or not that includes stock-index arb is anyone's guess, but it could...

Why are you so SURPRISED by what the Bush Administration continues to say and do? These guys have been in office for 8 years and it has always been . . . say one thing, and then do another. First it was the Patriot Act, then it was the Iraq Resolution. But the resolution only gave Bush...

I'm In! :p Maybe Marc Rich and Pinkus Greene can help us?

My Aunt was his executive secretary ( and that of former state attorney general Ed Meese ) for about 25 years when Reagan was governor of California. But thanks for your insight.

That's the problem. The Cushing storage facility is FULL. Nowhere to store January crude oil. Maybe you can work out a deal under the table with someone at Cushing? Either that, or lease a tanker somewhere? :D

Excellent info Papa. Thanks! :cool:

http://www2.standardandpoors.com/spf/pdf/index/MktCap_Update_and_Changes.pdf

I swear, it seems as though most of the people that post on ET aren't old enough to remember the recession of 1981-82, let alone 1973-74 or anything having to do with economics or American history prior to Y2K. - - - They think that Presidents ( only recently ) stopped writing their own...

You mean like how RUMSFELD fought the last war? The one that he said wasn't suppose to last for more than 6 months? Get real.

Now trading 74.25 just forty-five minutes into the session on NO news! :)

The OIH is already moving up at a nice tick this morning . . . If oil gets into positive territory, you are going to see a big push up in the energy sector which results in a nice "bid" in the SPX.

Why you would think that this GAP up this morning is from the auto "bail-out" is beyond me . . . Ever think that it might have something to do with "Triple Witch"? :D

Again, you guys are missing the point here. You need to do a TRACE ROUTE to the server that you connect to for your quotes/trading. If you are based in NY and your trading server is in NY, then GREAT, but not everyone is that close geographically to their trading/quote server. Some of us have...

You are too funny! I guess the fact that Rick Warren is a strong GLOBALLY recognized activist regarding AIDS, Darfur, Global Warming, fighting international poverty and disease escapes your intellect. Given your continued "spin" on these forums, I'm not surprised.

You really have no idea what you are talking about. Try doing some research into just WHO Rick Warren is and the other things that he stands for which obviously appeal to Barack Obama. Rick Warren stands for a lot more than just the concept of "marraige" between a man and a woman. But...

Trading $73.85 this morning off the opening. :cool:

I disagree. The major integrated oil producers could easily go back down and re-test their lows of October. For that, XOM could fall back to $56. Stocks like XOM and CVX became a "cash-cow" trade and thus easily outperformed the market ( ie. XOM rallied from $56 to $83 ) as portfolio...