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Sarbanes-Oxley requires reporting designed to reduce the kind of fraud that was endemic - not just limited to Enron - in recent years. THe Big Red Tape argument won't help here. It is a reactive measure, just like the Securities and Exchange Acts of 1933-34 were. If our corporate executives...

The only thing that will make these guys prison terms any easier is a big jar of Vaseline.

When people want to buy, and prices are strong, that's when you sell. Almost all insiders sell into a rising market, but that is not proof these insiders don't expect higher prices ahead. I know, then why sell now, you ask. Because they can, and they are taking a profit, and they are not...

Call the Credit Reporting Services and request that your file get flagged as fraud victim, which will (allegedly) require any creditor to contact you if credit is opened in your name. All those credit protection services offer nothing you can't do on your own.

What are your favorite economics websites?

We spoke about something else, an abiding lifelong interest of his which I share. He did say at one point, "markets naturally go like this" and he drew a wave pattern in the air with his finger.

Oil bubble? People are justing hoarding it? Demand isn't driving the market? I would say that a bubble in oil is nigh impossible. Oil futures settle with delivery. Traders can only have a limited impact on the longer term direction of the market.

I already have.

Even Brandon the Guru too?

A drunk was proudly showing off his new apartment to a couple of his friends late one night. When they made it to the bedroom, they saw a big brass gong next to the bed. "What's a big brass gong doing in your bedroom?" one of the guests asked. "It's not a gong. It's a talking...

You forgot taxes, heating, and maintenance costs. Oh, and you are assuming occupancy 12 months per year, year in and year out, something any landlord will tell you is impossible. And then don't forget about delinquent tenants who pop up now and then and stiff the landlord and manage to stay...

IO loans don't forbid principal payments. They simply give one the option. Only the banks know how much of the IO loans are being serviced by the borrower as IO only. I converted a 30 yr fixed to a 6 month ARM IO that began at 2.75% and is currently 4.75%, but I maintained the same total...

Iraq has the greatest upside capacity potential at this point. Their fields are so easy to tap it costs $.50 a barrel to pump, cheapest in the world. Shale oil cost $10 to extract a barrel on a high production capacity scale. Now if the insurgents would just get out of the way in...

PSE (Arca) was the way to go today with this. I had a couple of limit orders filled on NYSE, but a few that just sat there, despite being within the posted market. Later, when covering my short, I just nailed an ARCA offer that was crossing the market to my favor.

This is horseshit. Can you imagine the weight of the market tilting because of such an utterance? As though all the money managers are windup monkeys. Well... maybe they are but you know what I mean.

Find 5 ex-cons. They'll put in a safe place.

GOOG will go down, it is only a matter of time. However, the factor here is time, and we don't and can't know when that time will come. Market is due for a pullback imminently, but GOOG's run may have 3 months left in it.

Good job! What's it cost to own a thread these days?

At one point, I was going to take the alias, Homesick James.

That's probably your massive short position :p