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``They have more than adequate capital, in fact more than the law requires,'' Dodd, a Connecticut Democrat who is chairman of the Senate Banking Committee, said on CNN's ``Late Edition'' today. ``They have access to capital markets. They're in good shape.'' blah blah. the law requires are...

having worked for a bank, I will tell you a lower fed funds rate is not a benefit. A lowering of the rate is usually too late to respond to an overall downtrend in the economy. How many times have we seen one move? Its starts with one and then we have 5 or 6. A downtrend that started by...

Whats he trading there? Fake Gucci's and Smoked Salmon?

Theres prop trading from Queens. Its called remote.

an emergency rate cut at this point would only provide a panic. Why do so many people think this is a quick fix? Its a sign that things are worse than we thought and we haven't done enough to create a bottom. These cuts take 9 months to flow through the economy. A cut now would effectively...

Its called profit taking, then closely followed by selling for fear of losing more profits because of the original profit taking, then margin call covering by people who bought in late and are getting killed. Fear, fear, fear, no bigger driver of the market.

the only people who are hopeless are the sheep who kept buying stocks as the fed lowered interest rates every meeting. This is a clear sign of weak and anemic economy. Yet sheep think growth will be immediate and jump all in. Each cut takes 9-12 months to cycle through into a meaningful...

Its only sad because its taken this long for people to realize that the economy is bad. The first time the fed lowered interest rates everyone should have read the writing on the wall, but we get these stupid bounces while Goldman and the boys unload into the retail CNBC sheep who actually...

housing is regionally sensitive. Housing in Michigan continues to get worse. Ford and GM continue to cut workforce and the Gov continues to find more ways to alienate new companies from starting business in Michigan. Not to mention the average Metro Detroit commutes over 40 miles a day and...

It was time almost seven years ago when Muslim extremists flew planes into buildings and the US was clearly going to be getting involved, with military force, in a volatile area of the world that controlled the oil fields. Executives of these companies should all be fired for being so...

If your not a penny, rebate trading monkey, porn can be a nice distraction on choppy, no direction, days. However so many of those sites can attack your computer, so protect your computer or it will end up hurting your trading. Porn is also way better than sitting around and waiting for...

But I'm sure the bush administration is giving you the straight number hedgie. Facing being labeled the worst administration ever, you really think this guy wants to put the final nail in his coffin with a recession on his resume. If this GDP# was legit, then why is the fed lowering rates...

Using your mind to trade is exactly what you should do. Mindless drones wait for the government to tell them what to do. Theres no money to be made after the fact hedgie. You build a position based on a thought process and wait for the confirmation. You don't build a position after the...

Ha. You insult yourself and reinforce my opinion with that answer.

ahh hedgie nearly 100 posts in two weeks, you certainly do have a lot of time to beat your drum. The S&P's recent strength may make you feel better, but let me ask you this. Given the devaultion of the dollar is the S&P holding up through a bad ecomony for middle class america, because a...

Just because I believe the US is headed into recession, does not make me a doom and gloomer. I simply accept the reality of the situation and plan accordingly. If the market went up every day then everyone would be trading and rich. We need poor saps like you hedgie to keep buying when you...

The one point you always forget and/or never respond to is that even if the S&P stands still at 1350-1400 during a recession, because of the feds actions, hasn't the decreased the value of your dollar still created a loss? Your net worth may still be $1mm, but if that $1mm can only buy you 80%...

Great Lesson. Too bad currently going long would be the definition of fighting the tape. In fact your 2012 posts are all about fighting the tape. Thank you hedgie, you constantly remind me that there are dumber people than me trying to trade and you provide some good comic relief on...

Ah day oh day oh day oh day. When will you actually post a trade that you've done. You spend all your time posting the Secret. We get it. The flat screens, and ipods we all enjoy were already bought and paid for. The problem is 90% of america doesn't have the means to buy the next model...

YOU ARE THE LAMB HERE!!!!! You wait for old data. I look around ask questions, evaluate the situation and trade. I'll manage just fine through a recession because I will be in front of it through forethought and sound decision making. You will be chasing it and your mom for your...