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    The Great Ethanol Scam

    Again, it's all about lobby power. If the group has the funds and is able to pay off Congressional members that have enough clout, they can get the next ethanol scam legislation passed no problem. It's the American way. Regardless of the facts on ethanol's lack of suitability, the major crime...
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    Confess or Be W/Out Honor: Who Here Thought The Economy Would Get This Bad?

    I can't say that I saw I saw this coming. The sheer collapse of the housing market was incredible. We all know how it unfolded. In hindsight, yes there were signs. Unfortunately for many, those signs were not available or easliy understood by the general public. And I don't consider myself a...
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    Economics Reporter @ NYT Nearly Gets Foreclosed - He "Should Have Seen It Coming"'

    Hasn't made a payment in 8 months???? JP must be completely overwhelmed with foreclosures. Really sad story, kinda. But there comes a time when you have to face reality and stop living above your means. I know the feeling, to a much lesser degree, and it hurts. But it's been the American way...
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    Stocks still face deflationary collapse: Prechter

    So he is saying Deflation, as opposed to Inflation. I'm no economics major, so I could be wrong. But I thought all this printing of money was supposed to lead to inflation. What I do know is what I see, and the only costs I see going up right now are taxes and fees. Costs of materials are in a...
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    Sim trading p&l 2009

    +162.50 long 5 ticks, quick trade short 8 ticks, painfully slow
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    Stocks bounce and companies come with record offerings

    LMFAO...5 months in and Osama has made a HUGE difference. Everywhere I turn fees/taxes/costs are going up. Take it from somebody who really knows, the people at the so-called bottom are struggling, big time. I've got 25 -30 families, depending on who's moving in and who's moving out. 95% black...
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    Stocks bounce and companies come with record offerings

    Under ordinary circumstances, I'd bet the farm that EVERY single bank and REIT secondary price would be much lower in the near future. But, with Osama changing rules on the fly, I wouldn't be surprised to see a law saying you could only sell stocks on the 3rd day of the 5th week of each month...
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    ES Journal Archive (2009 - 2010)

    Nice trading RC.
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    Even Grim Projections Vastly Understate Size of Credit Card Losses To Be Taken

    This has been a known fact for quite some time. It's just been swept under the rug, as if they were hoping it would just disappear. What I think is interesting is how the CC debacle, CRE disaster, etc have been ignored during this run, as the WH put a positive spin on everything. Only after the...
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    Midnight rally

    It's obviously the least expensive way to "prop" up the mkts. Nearly every attempt at an after hour selloff has been bid back up overnight. As bad as things are right now, it is critical that the markets stay on the upswing. For low vol overnight trading, some recommend a 30 min chart. I find...
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    Moving Stops in Your Favor

    I think everyone is missing the point with this stuff about placing stops on swings. It's really irrelevant in the sense that gaps kill stops. There is no stop order that will limit your losses on a gap, other than a put/call. The real question is using stops as a daytrader. We all know, or...
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    April 13 around the corner retreat

    I agree, something is totally wrong here. The overwhelming sentiment is that this run is total BS, and yet it keeps going. Plenty of evidence that GS is controlling a large percentage of the trading. The fact that people are aware of the possible stock sale and the banks are higher again is very...
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    Bailout Bonds ?!?

    So, you now have 2 options: "give" them your money by investing in these shitty assets, or "give" them your money in the form of higher taxes on everything you could possibly think of. The royal f$$king never ends.
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    Sweet Jebus, we can be homeowners, like, Right Now

    Whoa, these look like below auction prices. But the RE golden rule "location, location, location" is likely driving prices down. If there are no jobs, no way for a homeowner to pay the note, and a glut of units, then Detroit is the wrong location and you got no buyers. It doesn't matter if you...
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    Owners Scraping Serial Numbers Off & Abandoning Boats: Coast Is Littered

    Remove the motors and fuel tanks. Sink the boats and properly anchor them to bottom. Makes for some nice fishing reefs, but you don't wanna do this along the inland waterways, water too shallow.
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    AIG Was Responsible For The Banks' January & February Profitability

    Sooner or later, somebody is gonna step up in the MSM and educate the public on the details of this fraud. When Joe Q. Public finally realizes just how badly he has been getting screwed, there will be some serious retribution. I would not want to be one of those guys at the top whose name is...
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    How small towns increase revenues

    How dare you make such a proposal? Do you realize that what you just said makes perfect sense? That will never fly with the idiots in charge of local govt. Common sense is heavily frowned upon. If I'm not mistaken, there are rules that limit the distance police, fire, ems workers can live...
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    How small towns increase revenues

    It's one thing to be doing 45 in a 35, in a residential or business district. But this is a 4- lane highway, with no businesses of substance, until you get into South Hill. There's a stop light at the top of the hill, so if you hit the light right, you're doing 50 already, then naturally picking...
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    How small towns increase revenues

    http://www.vancnews.com/articles/2009/03/27/south_hill/news/news04.txt LA CROSSE — La Crosse Council has instructed the town’s police department to increase speeding patrols on Route 58, with an eye toward making up budget deficits through ticketing revenue, town officials said this week...
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    Are the Big Banks Gaming the Taxpayer?

    I watched the videos. This is an absolute raping of the US taxpayers. If it is confirmed that BAC and C, and anyone else, are actively buying up these toxic assets in the current market, adding to their own shitty loans, they should be barred from any govt transactions altogether. For them to go...
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