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I like this count. It would project 1309 / 1315. :) The other one ( that Mup suggests that "B" is over and we are heading into "C" for 1050 SPX ) is too scary for me! :D

You couldn't afford me. :D

Never really got a "5" though into your ED, right? Maybe another measured-move and retracement down off yesterday's high and then another measured-move up of 50 points to finish off (B)?

Interesting point! And as you said, very much Authoritarian.

Excellent point! 38.2% on the SPY is coming in at 126.60 50% = 126.00 :cool:

Never said I was. Feel free to add some "value". Are you capable of that?

I would guess that he feels that there is far too much RISK allowing things to go down the tubes and "washout" as you suggest. Remember, banks are the ones that create capital for investment and growth in the Economy. Without them, you essentially kill the economy because there is no where...

Cannot have a "half-and-half" entity because the profits go to the company while the taxpaying public is saddled with the losses. That's not Capitalism, and that is why Fannie and Freddie need to be reorganized. That is what he said.

#1 challenge for US is to stabilize the financial structure. ie.) Housing. Says that we will come out of the financial crisis, but we will be challenged to confront the commodity pricing/inflation issues that bottomed back in mid-2007. 50/50 chance of a recession, AG says.

Says that Fannie and Freddie need to be "nationalized" and reorganized into 5-10 different entities. He says that he has been advocating for this for years . . . and says that you cannot have a 1/2 private and 1/2 public entity. It doesn't work. It's not capitalism. Need a Resolution...

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Likes the fact that inventory/sales ratios continues to trend down. Inventory controls are quite good, and are the major reason why the Economy is still holding up. ( check Q2 inventory data in today's GDP report ). That having been said, he said that we are highly dependent on overseas...

August energy contracts about to expire. Sept. Crude Oil, Heat, Gasoline, and Nat-Gas just "dumped" hard. Sept WTI now trading -3.92 at 122.85

Gnome, there is nothing wrong with going with a multi-12V rail, even though it doesn't meet the single rail specs that you have mentioned. Again, total wattage ( ie. 600w ) means absolutely nothing. It's ALL about how many volts are supported by each rail, and primarily the +12V rail. I...

I did read your post. Your PREDICTION as it relates to TRADING and the DJI was totally wrong. "Anything under 2% and say hello to 11250 again." http://www.elitetrader.com/vb/showthread.php?s=&postid=2013466#post2013466 Wrong again my friend.

Another horrible market "call". Congrats! :p

Agreed. There is so much "overlap" on these rally's that it isn't even funny.

Are you hear to make investments in your 401K, or to trade? For example, electronics defense contractor LLL has surged 12 points off the low of 87.40 in just the last ten trading sessions!

And yet even though you and everyone else knew that there was a stimulus package in Q2, YOU missed terribly on where you thought GDP was coming in. How can you be so wrong, so much of the time? And what does this have to do with TRADING???

Wrong once again. You are so out-of-touch with what is actually going on in the Economy that you should just stop posting about it. GDP: +1.9%