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:-) Pops has lots of bucks here. Let's do some trading.

I want you to know that I feel you pain.

I have no idea where the bottom is. I have plenty of cash in reserve, to handle any breakouts to the downside. But you and I are in agreement that the risk/reward is heavily biased towards a Bull trade at this time. As for Obama, I would like him to increase taxes 100% on the thieves and...

Volume is great but is reasonable. Net accum/dist favors a Bull case.

Call me crazy, call be irresponsible .... The market will rally for one and only one reason - competence in government is in fashion again, just as it was during the Clinton error which was one of the most prosperous in our country's history. Obama has been dealt a rotten deck by the Right...

Looking to see if if breaks new highs for the week. If it does, then very bullish. Accumulation/distribution also is very bullish. Time - as always - tells all.

It is nice to let the brainless like myself enjoy my own stupidity. If you have more to sell short at these prices, I invite you to. I buying Nasdaq and S&P, and am accepting all offers at today's lows.

As I said, the situation is different now, in that the government is free to spend hundreds of billions of dollars if not trillions to create new jobs and backstop industries in trouble. Why? Because of deflationary concerns. The amount of spending and government leveraging will be gargantuan...

Factoring current mortgage rates, which are near historic lows, make homes more affordable. Plus, the Feds, once Obama is in office, have plans to lower rates even further, as well as renegotiating current adjustable mortgages. Bush is only in office another month or so. A trader and investor...

As long as the job market continues to deteriorate, there will be more pressure on homeowners. However, there are signs that government fiscal spending, Federal monetary easing and leveraging, and greater home affordability as well as much better refinancing opportunities will mitigate this...

What we do know now is that home affordability is at an all time high (combination of price and mortgage rates), and mortgage applications tripled on the last read. It is still just one point, but mortgage rates have dropped like a rock and will probably drop even further. Home ownership is once...

lol. I'm betting long on Obama. I'll let you know how it turns out.

You would be surprised how much difference it makes have competent people managing government or business. Things just don't happen. Decisions are made. Some create havoc (Bush's administration) and some create calm and growth. I am betting on Obama bringing back calm, cool, and growth...

lol. Everyone here must be very, very young if they think this is bad. I lived through the 1970 recession and the 1980, and that was really bad. What is happening now, is a do nothing administration that is in its Last Daze. The markets are looking forward, and know that money is going to be...

I don't want to go through all the CNBC video clips, but I can assure you that last night and this morning analysts and traders will talking about a 530,000+ number. It was no surprise - especially to me, since I heard it last night. Others, undoubtedly heard it earlier. But the proof is in the...

The whisper number was over 500,000, and in fact they were talking about that number last night on CNBC. The number has a dual effect. It will scare people and possibly create more panic selling. Quite understandable. However, it also makes a very strong case for very rapid, and...

Yep, and the floor traders also said the same on CNBC this morning that that was the whisper number on the floor all week. In terms of info, we are all outclassed by the professionals. I accepted that a long time ago. Unless you think Bloomberg provides inside info to the public.

While the number is very bad, there was an analyst on CNBC last night (from MK I believe), who had already announced it. This number was well known a few days ago, and would account for the early week dive. However, the Nov. 21 lows are still holding. Why? I believe, because this seals the...

The dislocation I speak of is the hundreds of billions of dollars that were redeemed, yet still haven't found their way back into the correct allocation mix, and are sitting temporarily in Treasuries. As for the hundreds of thousands of homes that people can't pay for or are not interesting...

It was easy, when someone overseas was willing to lend the money, because they thought the debt was AAA (courtesy of S&P and Moody's). Now, I guess the jig is up, and they realize that the ratings agencies scammed them, and their debtees, are broke. Why aren't the guys in the ratings agencies...