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:confused: I guess the people who submitted bids for $300 Billion today. That bid would have been enough to buy the largest company in the world outright: XOM - Exxon

Something does not make a lot of sense. Citi traded down to $3.20 this evening. I bot a bunch. Worried something is seriously awry though. The $3.15 print was 17 times oversubscribed. So a nickel away from where $17Bil went up today there was demand for $300Bil of shares, yet they won't pay up a...

What are you looking for a job? What do you think we are? If we were cooks we'd be on Rachel Ray blog. wtf?? :confused:

1985??? Wow, she's really reaching. Guess he wasn't worth alot back in '88 when they divorced. I would imagine the statute of limitations has run out in 25 years. The Reagan Defense would probably be the way to address this; "I don't recall . . . "

No wonder he joined the political ranks. VP at GS is like head clerk. It says Latin American tech group, probably an ADR stock loan/syndicate guy. I remember when I was a kid I came home and told my dad I got promoted to Vice President at Wall Street firm. He went ballistic. He thought I was the...

Well, what do you mean by top firms? It seems you are under the impression from news articles that all the top traders work at big Wall St firms. In the fixed income world, this is true. They and the bankers are the ones getting paid well if anyone truely is. Albeit all in stock with a minimum 5...

Got this really nice reply from my congressman on fancy Congressional stationary. Please find the link to the Green Tax teams petition and sign it and send to your Washington reps. It's easy to do and takes 2 minutes. It automatically generates letters to Senators and house reps...

Obama heads to Wall St tomorrow to encourage banks to loosen standards and lend more. Meanwhile his regulatory agencies are demanding that banks divest risky assets. Dog and pony show.

Tick, just to show you I am not being beligerent, I am going to have to agree with you here. The ironic thing here is that after Koslowski (TYC) and Ebbers (WCOM), congress was up in arms about giving stock and stock options to directors and employees of firms. They felt it was giving them...

OK, let's see. We covered FNM and FRE. C: Clinton handed the pen to Sandy Weil after repealing Glass Steagal allowing the creation of a behemoth. A monster that acquired the likes of Solly, Smith Barney . . . LEH and BSC: Bankers that got paid in stock and controlled over 1/3 of the...

Tick, what shareholders got wiped out? Market near an all-time high. The economy sucks, largely because of the demise of housing market and the collapse in packaged subprime mortgage market. That easy credit was who's fault? Jimmy Carter created the CRA. Clinton, Ted Kennedy, Frank and HUD...

This guy thinks he is still running for office. He is saying what he thinks voters want to hear. If someone doesn't "get it", its him. When they asked this exact question to Gov Patterson of NY his answer was exactly opposite of what Obama says. He said on CNBC: Why leave this money with the...

From IB website: Trader Workstation Demos: The Trader Workstation (TWS) is our full-featured java-based trading and order entry application. The TWS demo mirrors the actual TWS in both form and function except market data is simulated based on the previous week's ticks and orders are not...

Sir, if one performs a search of your posts in previous threads, there are too many to post links, where you claim there is 'no risk' to giving you money, 'offering 5 % intraday'. I can't be bothered with this as the moderator says. I suggest you spend some time on the following sites though...

Thanks Magna, I in fact have had things I felt strongly about moved to Chit Chat for far less. Young traders following Traderum's journal might get the wrong impression that markets do in fact trade 24/7 for 'professional and institutional' traders when clearly this is not the case. I would...

I never go into the day with a gameplan. Like a fisherman I take what the day offers and I never know what that will entail until after the bell rings. Playing off traders emotions and getting into the heads of market participants is exactly how I trade. What is the least likely thing that...

Thanks TMarket, this is no joke to me. A senior trader I worked with years ago told me that you had to come in each day with no recollection of a bad previous day. To be able to compartmentalize (put things away in compartments in your brain) and move forward with no fear of recent...

Mutual funds can't short stocks. They report results daily as opposed to quarterly. They cannot lever where hedge funds can lever many times to one, in some cases thru derivatives 20+ to 1. Hedge funds don't charge a load but a management fee typically 2% and keep 20% of profits whereas mutual...

I am starting to think you actually do believe there is a human you are interacting with, a Market Maker, that works 24 hours a day seven days a week servicing your demo account. Why don't you try World of Warcraft and spare your 'fellow traders' this pain. I am convinced you're either at an...

Somebody said he sold his place in NYC in '08 or so, great trade? He bought a big spread in Singapore because he hates the US so much. Worst global real estate crash since '08: Singapore. He was on CNBC tonight laughing when he was asked if he owned US equities. - "No I don't buy bubbles." He...