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    Credit Default Swaps (CDS) wtf?

    So what don't you understand? Do I need to hold your hand and take you through it?
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    Credit Default Swaps (CDS) wtf?

    These CDS are nothing more than illegal insurance. It's similar to an illegal lottery or gambling ring. When authorities step in and shut down an illegal lottery, the ticket holders lose their money. Authorities need to declare the CDS illegal and the problem goes away. I don't think it's all...
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    Lehman CDS settlement auction

    These CDS are nothing more then illegal insurance and just like any illegal gambling ring, the authorities need to step in and declare them illegal and the holders of the CDS are out of luck. Just like if you buy a lottery ticket from an illegal lottery. I don't see the big problem here.
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    Hearing Chicago MERC trader commited suicide after blowing out

    Is there a story in the Chicago newspapers on this story yet?
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    What's the real price of real estate now?

    I think the only real way to get your money's worth is to buy the land and build the house yourself. Or do as much as you can and sub-contract out the rest. The actual replacement value is what it should be worth but the cost to pay a builder to build is probably way too high.
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    Stock Market Crash in 2007 or 2009

    No you're wrong. If you could read more than the headlines or the first sentence or two you would have seen him say it would be 2007 or 2009 or somewhere in between, in October. He was even saying a crash and depression back in his 2005 article. It's funny to read peoples responses to his...
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    Democrats must love all this!

    Just forget the republishits controlled Washington 6 of the last 8 years, no this isn't their fault at all. Just like a worthless republishits to point the blame on someone else and not take any responsibilty. This is why you republishits are a bunch of fat pigwhores with no clue in life and...
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    South East Florida Prop Firms

    What firms are located in SE Florida besides Echo and Assent? Any other info about others in this area is appreciated as well.
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    You Full-Time Traders - What is it you call yourself?

    Say you play a video game. Be creative and make up a name for it.
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    DOW under 10000 next year?

    Something to consider with the Dow, the companies that make up the index today is different than the companies when it first reached it in March 1999. 1999 Components: Alcoa Incorporated AlliedSignal Incorporated American Express Company AT&T Corporation Boeing Company Caterpillar...
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    Great Depression Chart

    #20 is hilarious. They'll be looking under your mattresses as well, checking your papers, putting up checkpoints. You bet it's comming if a republicon gets elected to replace the current dictator.
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    Fed cut in the middle of trading day?

    I remember a couple cuts intraday back in 2001 or 2002, not sure exactly. Not wise to be holding a short position when one is expected. One of the cuts was in the morning session. I was short an e-mini but got out without too much damage since I was watching the screen closely. Back then it...
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    Calling it quits and saying goodbye to ET

    Do not listen to this guy, he'll try to scam you.
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    Calling it quits and saying goodbye to ET

    So what were you trading? The only time I made money trading was when I traded stocks. Futures trading seemed to be a losing game no matter what I tried. Maybe you're trading the wrong instrument.
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    Bail out: Lets all take action against it

    The full text of the passed bill is here http://money.cnn.com/2008/10/01/news/pdf/ The clause you refer to was in the original 3 page bill was isn't in the one that passed. Isn't it a bit late to sign the petition now? It seems to be a done deal.
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