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    Will Lightning Strike Twice for John Paulson?

    Are you sure he isn't just buying to cover?
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    If you want screaming to stop on CNBC, reply here.

    In hindsight, his "Drill, drill, drill" shtick was a sure tip to short oil.
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    If Oil Gets Smacked Down, Equities Will Run

    You have a gift, my friend.
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    New York is Dead

    I heard Blackrock is gonna be laying off people, too. There's a lot of people going to work, scared, these days, and for good reason.
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    New York is Dead

    Last night, I ran into someone who runs a gallery on the lower eastside. I asked her about business. She said things were fine until two months ago when they "ran into a wall." You have to remember that people on a site like this are gonna be more in tune with financial markets and economics...
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    What are the arguments by Peter Schiff?

    I've seen the clip w/ Laffer, but not the others. The smugness of those tools is incredible. And, Ben "Know it All" Stein talking about how the fins are a steal. LMAO.
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    NYC Traders...

    There's a place on 26th st. bet 5th & 6th called Hill Country. Incredible Texas BBQ. Down to earth cafeteria style service. You won't be disappointed.
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    New York is Dead

    I think the reality of the situation is just starting to sink in. Overpaying for an apartment is a tough pill to swallow . Alot of the noob buyers are hoping (and praying) that this problem will resolve itself quickly. Sorry kids, not gonna happen. Many of those people should've been...
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    New York is Dead

    I just spoke to a very wealthy woman who had just come from Bergdorf's. She said she had never seen it so dead. High end retail is getting killed. Pizza parlors are kicking ass. Those buildings on 86th St. were gonna be a tough sell in a good market. What person with money would want to live...
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    New York is Dead

    What NYC has going for it is the co-op model. So, people in the City tend to live in apartments that they actually can afford. The sub-prime mess was a non-issue. That said, I live in Manhattan (upper-eastside). Noticing a lot of empty store fronts and an increase in vagrancy. Expect to see...
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    What are the arguments by Peter Schiff?

    He saw the housing bubble, but, for some reason, didn't see the commodity and emerging markets bubble.
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    Give me ONE rational explanation for Today's rally

    Too much company on the short side.
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    Talking about a "Sucker's Rally"

    If you look at the three most active NYSE stocks: C, GE, BAC, they're all making new lows vis a vis they're breaking out of trading ranges on the DOWNSIDE. Rather than take wild guesses about bottoms, I'd rather look at what the market is actually doing.
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    How much did SAC lose on Volkswagen?

    There's definitely a campaign to take out many of the hedgies, as evidenced by the sudden short selling ban followed by the sick short squeeze. The hedges were separated from their short positions, then, had their long positions decimated by the crash and the increased margin requirements...
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    GS now in the 60's, hoping to avoid the "LEH death spiral"

    He liked it when it was 120 on Sept. 22. The guy just has no shame. ---------- Recap of Jim Cramer's comments on Stop Trading! Monday September 22. Bank on Them – Goldman Sachs (GS), Morgan Stanley (MS), Wells Fargo (WFC), US Bancorp (USB), PNC Financial Services Group (PNC)...
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    GS now in the 60's, hoping to avoid the "LEH death spiral"

    I guess the truth is gonna come out soon about the amount of their toxic assets that were insured by AIG.
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    How Do We Nail the Bottom?

    It's always a red flag when you hear this type of twisted logic. I'm sure the jump LVS had in the past week was the biggest in the stock's history. So, McCall should be loading up on that stock.
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    How Do We Nail the Bottom?

    What does a 900 up day accomplish? 1. Squeezes shorts = Too much company for insiders on the down side. 2. Encourages the investing public to "hang in there." = Insiders want the public to sell at even lower prices. To paraphrase the Soup Nazi: No bottom for you. Come back one year.
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    new rules for NYSE

    So, I unless I read this incorrectly, the violations for which the specialists were indicted back in 2005 would now be legal. ------------- 15 Specialists From Big Board Are Indicted By JENNY ANDERSON Published: April 13, 2005 While the Big Board uncovered the original instances...
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    Buffett going 100% long stocks

    I also wonder why and for how long he was 100% bonds. I seem to be the only one interested in this. If he went into bonds when the dow was 14K, where was his "Sell American, I Am" column? Without a sell signal, his buy n' hold disciples will still be holding on and won't have any cash to...
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