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  1. R

    Can you believe Obama said this?

    This video doesn't expose anything. Another dumb thread trying to make something out of nothing. The tax code in itself is a wealth distribution mechanism. It either benefits more rich people, or more poor people. The only real argument is to do away with the income tax altogether. But to argue...
  2. R

    Look what CNBC did to Dylan Ratigan.

    HAHAHA!! Fuckin A.
  3. R

    Look what CNBC did to Dylan Ratigan.

    Yeah, talk about a bunch of disloyal douchebags. Those guys are scum. They always buy at the top and sell at the bottom. They're so negative when the market is down a couple days, then when we get a rally, it's like they're having orgasms on tv. What a bunch of herd traders. The only trader that...
  4. R

    BofAmerica, After Receiving 45 Billion Taxpayer $, Raises Base Pay From 180k to 300k

    Who really cares. There's nothing anyone can do about it except whine and complain. I prefer the banks having the freedom to do what they want. If our government starts reaching their hands into every business in this country, we can say goodbye to freedom. I don't like the populist ideas of...
  5. R

    New American Tea Party...

    This is so lame. Like anyone gives a shit about a tea bag or anything it represents. The only way to really make a difference would be for everyone to stop paying their taxes. There is no high tax on tea, and this is not colonial america. We are facing a powerful government with a military that...
  6. R

    Today Gave Me A Headache

    It's because a lot of daytraders are jumping back into the market, so the price action is trading accordingly. You have to trade like a predator, not a daytrader. Know where the stops will be run, see the short term squeezes. Unless you're holding for a longer term ride, you have to be a...
  7. R

    Question about Fed buys treasury?

    This is really bad man. The fed shouldn't be out publicly telling the market it is going to start monetizing US debt. History has been down this road too many times. It always ends up crushing a nation's currency which causes the target country citizens to suffer higher inflation rates with...
  8. R

    Modified Uptick Rule

    I understand what you're saying. My point is, that the repeal of the uptick rule made things a lot worse. As the stock falls, the company loses market cap, then the shorts pile on again, then they get downgraded....etc. In GE's case it made the situation worse. No one knows what kind of shit...
  9. R

    Modified Uptick Rule

    The uptick rule doesn't create volatility, it squashes it. I remember trading GE with the uptick rule, it traded so slow and boring, and it took a while to get a short on, because you had to sit on the offer in a long line. But now that the rule is gone, it trades like a high beta stock.
  10. R

    Modified Uptick Rule

    It looks fine to me. I like that it won't even be active unless the 10% circuit breaker is hit. This allows the market to trade normally except in panics. I remember right after the uptick rule was removed, the market had a final short squeeze, then volatility expanded, and selling pressure...
  11. R

    China wants a new non "credit based" reserve currency

    Let's get this discussion back on topic. You fudge packers need to go flame each other somewhere else.
  12. R

    UK inflation rate unexpectedly rose in Feb

    Consumer prices climbed 3.2 percent from a year earlier, the Office for National Statistics said today in London. The median forecast of 28 economists was for 2.6 percent. Bank of England Governor Mervyn King wrote in a letter to the Treasury explaining the increase from the 3 percent limit that...
  13. R

    China wants a new non "credit based" reserve currency

    ZOG = mahmud ahmadinejad?
  14. R

    Local News Calling Dow 10,000

    It's funny, people forget that the market has already priced armageddon. If the economy gets better even a wee bit, we will see at least 9500 dow first stop. Remember, a rising tide lifts all ships. If the fed is reflating, the dji is underpriced at this level.
  15. R

    China wants a new non "credit based" reserve currency

    What's ironic about this call is that the IMF was created by the US, and is pretty much run by the US. So, if you look a little deeper, it seems the US powers that be no longer want the burden of being a reserve currency on the dollar. They want to be able to freely inflate without...
  16. R

    Understand the monetary system

    I recently finished a very good book that I thought others might benefit from reading. It's called------- Web of Debt: The Shocking Truth About Our Money System -- The Sleight of Hand That Has Trapped Us in Debt and How We Can Break Free The author is: Ellen Hodgson Brown It is very...
  17. R

    China calls for new reserve currency

    What's ironic about this call is that the IMF was created by the US, and is pretty much run by the US. So, if you look a little deeper, it seems the US powers that be no longer want the burden of being a reserve currency on the dollar. They want to be able to freely inflate without...
  18. R

    Stocks in a Vacuum Up Scenario

    Watch out, this is just an institutional squeeze on shorts. There aren't many retail players in the market these days. So, this will be a barn burner rally for a week or two that will crash and burn. Once all the institutions cover their shorts and get long, who will be there to be the greater...
  19. R

    ES trading algorithm

    The easiest way to trade this market is to buy the extremely negative breadth and sell the extremely positive breadth. You can participate in 15-20% moves every 3 or so months.
  20. R

    Shelby Says Geithner May Not ‘Last Long’ at Treasury

    After Paulson, we need someone like Geithner. We had a stuttering, lying, crook there. We need someone now who can take the heat and be the dog everyone wails on. He's a wee little man, and is used to being walked all over. He's also a nice guy, who's basically a cleric that does the bidding of...
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