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Globalization is logical- if we're competing with Mars. We expect our government to look out for preserving our wealth as I am part of that wealth. That's logical. Running trade deficits, unemployment, and huge foreign debts are evidence it needs to be tempered.

What's logical is having a country to help defend one's wealth. Enough people don't like it, things will change that's how it works.

I think this is exactly the OP's point. Protectionism and isolationist views are now considered racist. Not sure what that means but it is disturbing. You don't know what racism is. No prob here on ET we can take it, but when it affects the statements of politicians and journalists to...

Trade needs to be negotiated. It's political and hard work. If we are good at that we win. That's the way its been for thousands of years. What we have now is anarchy and we are exporting our wealth.

More chicken for me! If there is a trade war, we won't go hungry.

A stronger yuan would result in 1- higher gas prices for USA consumer 2- higher food prices for USA consumer 3- higher prices for chinese imports for USA consumer 4- no increase in USA jobs, cause we can't compete if they pay a chinaman $1 or $1.40 a day (or whatever piddly sum it is), it...

I don't buy that. If a price is based on liquidity, rather than fundamentals, and if both are removed, then maybe you get your .02 bids.

You need to contact them NOW, don't delay. You were screwed. "Auto liquidation" *should* only be for naked positions if you cannot meet a margin call- you were hedged. I say this without knowing their "policys", however, WTF why would they liquidate a spread that is becoming profitable???

Imagine the wealth this country could preserve if we were energy independent. The trade deficit would plummet. Wars are or will be fought over oil. If oil does get cheaper somehow, it just means another Chinaman can buy a car, and up goes the price again- yeah peak oil is here. What if we...

To prepare for trading first I check Bloomberg to see what news releases are due so I don't get surprised. Then I turn on Leave it to Beaver or The Beverly Hillbillies on TVLD at the market open, with one eye on the screen. I used to think Mr. Drysdale was a jerk, but he is a banker I would...

He said he was only funding $10, not $100. So he has a $3 gain. How do you handle the fear and greed?:D

You can enter a stop loss on your trade, if you can't get another broker. Tell him to "buy 10 calls, xyz feb 100 calls at $1, to close, good til cancelled". They might only take day orders. Now, you risk getting gapped through and then your limit order becomes a market order, and you will...

The republican, Brown, is seen as anti-incumbant and anti-elitist. If Mass. can elect a republican on those ideas it is RADICAL and should be a wake up call for all our spoiled politicians. BTW, it has nothing do do with Kudlow's ideas that people embrace business interests blah blah blah...

Yeah I agree I started a stupid thread but so what. I was being a bit sarcastic- nothing seems to take the market down lately. I wasn't trading today and TV down so decided to get all my market insight here LOL.

My Tout TV is broken today and can't seem to find a good explanation why the dow is down 100 points. I assume a) We are about to be consumed by the sun or b) Things are just TOO good.

Well, going all in last March and taking a long vacation would have been nice.:( I remember watching AA and IP both around $5 saying I guess the world don't need aluminum or paper any more. Traded them some but left a ton on the table.

Healthy markets correct. If China corrects or "crashes", you got to think they still have long term prospects. Most of the people there still ride bikes and we drive SUV's. Our leaders want to even that out. :mad:

I don't see any respect for government or institutions in this country. Just read the blogs. Apparently it will take greater pain than we feel now in order for the people to take ownership of their government, but if and when they do respect should return, ya think? I think real campaign...

Yes, 3 cents is a reasonable stop. That will leave you with $6 for candy.

I'll learn it the hard way. Long jan10 1.15 call at .10 (whatever that means, Interactive Brokers quote). It cost $1570. I got a little ahead of myself though, just speculation. Pretty reckless, but at least not shorting options. First ag trade for me.