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Wow! I didn't think it would get there in one day! TT

I'm thinking it gets to 13.50. What do you think? TT

From what I've been reading a debt default would cause interest rates to jump thus bond prices would fall. I've also read that the dollar would fall as well. Wouldn't this cause stocks to rise? Traditionally stocks rise when bonds fall. Lately the stock market has risen when the dollar...

Isn't he really just getting some of his taxes back? He won 2 mil in the lottery, probably had to pay 1 mil in taxes. So he's really just getting some of his taxes back via food stamps.

Neke, Do you take the mark to market (trader) election on your taxes? If so, has this had any impact as far as making filing more complicated? I assuming you're in the U.S.A. Thanks.

"100 members X $300 = $300K for chatting. I get to help a bunch of folks, have a blast and get a nice reward for doing it. Seems win-win. Is there something I'm missing?" Yah your math skills are missing. 100 * 300 = 30k not 300k.

The japanese are immune to radiation after world war II.

All of it.

To loan money to the market and get it paid back plus a premium.

I assume you're selling cash secured puts and covered calls? Selling puts for the purpose of aquiring stock at the strike price or keeping the premium. Selling calls against the shares you own for the purpose of disposing of them at the strike price or keeping the premium.

Mecum auto auction.

Are you thinking of this: http://en.wikipedia.org/wiki/Box_spread

In 1970 the average price of a car was around $3900. Today it's around $30,000. So based on this, in 40 years we can roughly expect a car to cost $300,000? Better hope our retirement savings and investments keep up with inflation.

http://blogs.denverpost.com/captured/2010/07/26/captured-america-in-color-from-1939-1943/

I'd hate to be trying to make a left or right turn when one of those comes barreling over top of you.

America! We do poverty in style!

I'd be more inclined to think: The darkest hour of a man comes when he has given up all hope.

Only do that on ETF's so you avoid bankruptcy risk.

Yah it will make for a bigger mess, but they will be able to shut down operations for a week or so and the price of oil will probably go up.

http://www.grainmarketresearch.com/