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Thank you for beating me to this. I couldn't agree more. We're ALL predictors, it is just in time frames that we all differ.

Why wear that kind of risk?? Buy puts, define your risks. I am not saying I disagree with your bearishness, but since you have defined a timeframe for your move, define your risk and buy ATM puts. GOORL are June $660 puts +/-$62.00

Sold at $4.00 Trade P/L=0 Cumulative P/L=$8,421

Closed out 15 at $7.30 and 15 at $7.20 (avg $7.25) Trade P/L=+1,471 Cumulative P/L=+$8,421

Closed out at $3.80 Trade P/L= -$4,700 Cumulative P/L= +$6,950

Sold 20 of the 25 at $5.00 Trade P/L=+$4,000 Cumulative P/L=+11,650

Agreed, the VIX not getting bid on today had me close out a chunk of puts.

What is that, TAF?

dumping, unless boy george and uncle ben make some suprise announcement of some sort. most bulls have been hanging onto the bullishness due to strong employment. That argument is taking on water fast now.

Oh where is stock trad3r to defend those stocks? VIX going to 0. dow at 15K+ by years end os 2007 the list goes on and on

let them pump all they want to, it won't help a debt stapped society. You have to be able to take on new debt to keep spending like a drunken sailor, and therein lies the problem. The sailor cannot take on anymore debt at any price. Throw in an uptick in unemployment and have a nice day Mr. bull.

http://www.paradigmbook.com/dowcharts.html

March 21st is what my calc has using 366 days.

what is the exact date that this mini turn-around coincides?? After what happened on the exact date of this back in February, I for one will be paying attention. from- http://www.contrahour.com/contrahour/2006/06/martin_armstron.html

The number isn't ever a real # anyway, it is subject to the birth/death adjustment. The fed can make the number look like whatever they want it to. A few months ago, they were expecting like +100K and had a minus 4K if i remember right. That allowed the 50 bp cut as everyone cried...

Can you tell which one is which??

CNBC is just like a company that lowballs the earnings expectations so there can be an upside suprise. I'd use the dartboard method before their #. I see the 75K on MSN http://moneycentral.msn.com/investor/calendar/econ/current.asp

Even fat ugly traders can have hot women if they are successful. Look at me for example-

These are the same math models that economist are using to tell us that "the us economy can stand $150 oil just fine"??