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You're beyond help. Wait til people can't make their credit card payments. At least now when people default on their house and car payments the bank can repo either and book it as an asset. What will a bank repo when a consumer defaults on their credit cards? Credit cards are unsecured and...

Dude, this economy is built on a house of cards. It's dependent on that next loan. Why aren't banks lending? Because the loans at the front of the line defaulted and they can't make the loans to the folks at the end of the line. The system is dependent on that next promisory note. If it...

stock_trad3r, you are clearly uneducated on this matter. I don't think you have a clue how the system works. Take 45 min's out of your busy schedule and go educate yourself. http://www.bigeye.com/moneyasdebt.htm

It is corrupt and does not work the way we are told. Money is created out of thin air. This video is an eye opener. http://www.bigeye.com/moneyasdebt.htm

Any trader who needs a trend to make money is not a good trader. The movement over the past few months has been the best I've ever seen.

LOL. I think Champion needs to get laid. Lighten up dude.

I asked one of my college professors this very question a few years ago and he kindly pointed out to me that the stock market had basically gone straight up since WWII. I said, "Oh." He had a great point. Why wouldn't you want to buy when the market basically goes up over time. The market...

Of course they will drop. Selling off in anticipation as well. A poor number is expected. If it happens it will make a great buying opp.

I mean how Russia used to be. Hey, there's hotties in the clubs and they got CLUBS? Road Trip! :D

The US currently takes in approximately 2.521T per year in taxes so let's see, 10.124T / 2.521T = just over 4 years, assuming the government spends no money on anything else except paying down the national debt. LOL, we're looking at 100 years to unload this mess. The US will be enslaved by...

I was lying in bed last night wondering what life is going to be like when the US can't even pay the interest on the outstanding debt. The US's comptroller (can't remember his name) who recently resigned said, at the current pace, it will be about 8 more years until the US defaults or is forced...

That's pretty funny but it can work exactly the opposite if you go through that experience and learn from it. If you can recognize puking you can have a hell of a trading career. We've all done it so why not exploit it when others puke?

Homey, Welcome Back.

If you need a friend don't look to a stranger. You know in the end I'll always be there..... http://www.youtube.com/watch?v=jqNZekTvzBU

Greenspan talks about the PPT in his book. As you all know, FOMC stands for Federal <b>Open Market</b> Committee, and one of their operations to promote price stability is the purchase of Index Futures on the open market. The PPT deployed all their forces today.

Markets are very tradable. Buy panic, sell excitement.

<b>Atta Boy Spanish</b> Virtual high five Bro! :p

We don't get to choose our president. We are force fed a choice. The right candidate can't get past Washington's filter process.

Heard the same thing. ES down 13.50 so far.....

I can tell you that you are doing the exact opposite of what I'm doing and i win 90% of the time over the long run. It sounds to me that you are chasing the market when it goes to new highs. That's one of my highest quality shorts. I will short a market that goes to new highs and buy a market...