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I remember Kudlow, in his endless Bush ass kissing, always saying that the economy was "The Greatest Story Never Told."

Gotta agree. Alcoa has hardly recouped any losses during this mini rally. Bargain hunters are providing more shorting opportunities for insiders.

A friend who owned a B/D during the daytrading craze of the 90s, also gave me the 95% stat. I'm sure some make money, but, there's too much working against the Joe Schmo day trader for the percentage to be much higher. Of course, on the internet, everyone cleans up. :D

At this point, most of the passive money is in mutual funds. These investors don't actively trade, yet, the fund managers do. So, it depends on how you would characterize mutual fund investors.

You got people in the SEC, FDA etc. who do their time in government and find themselves in their 40s with kids about to go to college. So, they don't want to rock the boat too hard for fear of jeopardizing a lucrative second career in the private sector.

No, I'm going to continue playing the short side until I see substantial evidence of a bull market. The only losing trades I've had this year came as a result of stupidly trying to time rallies.

I read in Alpha that SEC was going from technical to primarily fundamental. Reading between the lines, Cohen is saying that his fund has gotten too big for his in and out style, and now he has to become an old school pool that accumulates at the end of bears and distributes at the end of...

While I agree with Coolweb's basic premise that we are what we make of ourselves, but luck/fate play a huge factor, especially in areas where your probablility of success is low sports/entertainment. Using myself as an example, I'm doing fairly well: Own my own apt on the upper east side of...

I don't day trade, and maybe it's different for the guys that do, but, IMO, chasing bear market rallies is a losing proposition. They tend to happen really fast. Unless you time it perfectly, you miss out, and the only way to time it perfectly is with a lucky guess. To top it off, even if you do...

Chesapeake Hasn't Peaked - Cramer's Lightning Round (6/24/08) Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Tuesday June 24. Bullish calls: Chesapeake Energy (CHK): “I'd buy 25 tomorrow, and then I'd buy 25 for every point down, using a wide...

Cramer was defending his July bottom call in September. When his bottom called turned out to be wrong, in his usual sleazy fashion he tried to backtrack and say that he was only talking about Fins and Housing stocks, which hadn't returned to their bottoms, yet. Of course, now that his bs...

Seeking Alpha does a recap of Cramer's show, including his stock picks. Here are a few classics: Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Thursday, January 10, 2008. Countrywide Financial (CFC), Bank of America (BAC), Washington Mutual (WM)...

Having read this entire thread, and hearing many good arguments, I've come to the conclusion that there's plenty of blame to go 'round.

Not all of it is pork. We're gonna need that rum!

I've been posting on various types of forums for 8 years. These are the common attributes among the posters. 1. They are at least 6'2". 2. They are millionaires. 3. They have black belts in several styles of martial arts. 4. They regularly bang supermodels.

The exchange has mastered the art of doing things that appear to be in the public interest, but are really just ways to make more money for the members. Market Makers have an exemption from the short selling rule. So, they can short all the covering taking place, then, kill demand by having...

If short selling is banned, you can bet your arse there will be an exemption for exchange members.

Cramer simply has no shame. Last week I caught his show and heard him touting JOYG. At first, I thought the show was a repeat because I remembered Cramer doing the same thing several months earlier when JOYG was 80. Now, if I gave out a stock, on the basis of fundamentals, at 80, and three...

The American CNBC seems too entertainment oriented. I tune into a business network to become more informed. If I want to be entertained, I'll go watch Seinfeld reruns.