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Bottom line is that the banks have learned nothing and continue to make high risk loans.

Some contradictions there. How do you know your knowledge is the truth, as you state? How do you know that the truth has been revealed to us, but has been altered so that it no longer is truth at all?

Well. Carlin knows the truth now, doesn't he?

OMG. Look at their picture. She is thrilled.... he is scared to death! "Oh, I am blonde and 30 years young... and... like... like... I have a house with a barbeque... because, like... we like to entertain!" His eyes are saying "Holy crap, what I have to do for a good bj!"

What, are you suggesting they buy a house without a fire pit? For God's sake, you heard him, he loves to entertain! Maybe one day he will entertain the repo man, but for now, by golly, don't rain on his parade!:p

I am going to be very superficial here. How tall are you? Are you good looking or homely? Are your interview suits pressed or wrinkled? Shoes polished? Do you have a firm handshake or are a limp wrist? Do you come across as somebody who is a go-getter in the interviews? My bread and butter...

I think it might make for a good thread on its own, "why this recession is different than the rest" and note the difference, or the arguments as to why it's not so different. It would be assured to be a lively discussion. One difference is that we don't have strong leadership in Washington...

June was revised higher as well.

The bubble is being re-inflated. I do believe we will see 10K+ by year's end, then sideways action for 3-4 years. Then the piper will have to be paid.

He didn't even get fake boobs to remember his money by, like this girl did. :p

Wow, this sounds like my "genius" friend, who 20 years back, wrote a software application and sold it off for 2.5 million. A few years later he didn't have anything left. "A fool and his money are soon parted".

This was no surprise. I sifted through chart after chart today noticing the double and triple tops of various stocks, plus other bearish technical formations. Even the indices sit at important price points at close of trading today. So What? Everybody is looking for a breakdown, and not to...

I really feel sorry for the Donald Trumps of the world. Sheesh!

Bear market rally... it's a given. Check out the triple bottom in 2002-2003. Each low was followed by several days of high volume, large range rallies. Now look at the March 2009 low and what followed. A lethargic, low volume attempt at putting a bottom in place. The writing is on the wall...

We are in one. Iraq and Afghanistan. Obama knows better than to withdraw troops at this point. Destroying and killing keeps a lot of people employed.

I don't think so. This is a valid question. We need to welcome all traders, no matter where they are as far as experience and understanding of the markets. So chill out! On to the question... I do see some correlations, except in a ponzi, all players see a guaranteed return as long as new...

Our economy rises or falls on consumption, and this is exactly the kind of mentality that is good for the economy. But how is the consumption going to be financed? More debt? There is a lot of bullishness. Lots of it. Lots of talk that recovery has started and blue skies ahead. I remain...

I don't think it is all about people lacking self control in their finances as much it is the pressure to conform with the rest of society. Who wants to tell their children they must buy their school clothes at Target, or use hand-me-downs, when their peers wear only name brand? Or drive that...

This is absolutely plausible. I have read some arguments that oil, is in fact, a renewable resource and that it is produced deep in the earth. The article cited an old oil field off the coast of Louisiana that was pumped dry, but since had replenished itself. "Scarcity" is a scary word and...

I learned a long time ago to trade what you see and not to trade what the market "is supposed to do".