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Academic economists are scary but when there are this many banding together to get the gov't to slow down on this "bailout", I have to worry. http://faculty.chicagogsb.edu/john.cochrane/research/Papers/mortgage_protest.htm

Down, Thursday and Friday were short covering. But there was a ton of fear on Wednesday and Thursday A.M. (VIX and Put/Call) which should take it up soon.

If Thursdays and Fridays rally was short covering and the Libs are talking about tacking on pork to the bailout which I guess will stall the bailout I'd have to think tomorrow is a short. What do you all think?

A bubble usually happens when there's no one left to buy and when everyone says prices can only go up and when very few are speaking about a bubble. None of this is currently true with oil.

I noticed that too and it has a nice triangle formation so I've been thinking a big move is due. I'm surprised the pattern hasn't been discussed much on ET (from what I could find). Oh well, I'll stay long for now and bail if it breaks down.

I mean excluding oil and food increases there has been very little inflation. Sorry if I confused you.

I think backing out oil and food is was zero.

CBS news is reporting this morning that year over year black friday sales were up 8+%.

http://online.barrons.com/article/SB118681265755995100.html?mod=mktw

Can anyone recommend an end of day data vendor who has clean data available in ASCII format. I don't need bells and whistles, just quality. This would be for US stocks.

What oldtrader said is true. Importing the data into Turbotax is the way to go. Don't forget about the dreaded wash sale rule. http://www.fairmark.com/capgain/wash/ws101.htm

Alright, thanks for watching my back. :)

LOL, I think you know the answer. Good point!

A case for the Bulls. Stock Traders Almanac claims mid term Octobers to be "stellar". I vote early next week to be higher.

1265-1275 looks good for resistance on S+P daily.

Interesting thread. If I remember correctly from ROASO, been a while since I last read it, Livermore was very upset when the government started to tax capital gains.

And the Stock Traders Almanac predicts a volatile week.

Hi everyone, this is my first post. The most expensive lesson was not having a plan and throwing 75% of my account into mostly tech stocks in 1999. The techs started to fall and i held on hoping things would turn around and of course they didn't. That was about a 15k loss. It took me years...