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Here's a list of his favorite long term holdings from 2000.... Etoys Digital Island Dr. Koop.com Bamboo.com Exodus Communications :p

Daal, The main fact remains that BSC was known to be in dire straits. The street had hammered the stock, loaded up with puts, and emergency bailout rumors were everywhere. By definition a black swan is "a large-impact, hard-to-predict, and rare event beyond the realm of normal...

"In Nassim Nicholas Taleb's definition, a black swan is a large-impact, hard-to-predict, and rare event beyond the realm of normal expectations." http://en.wikipedia.org/wiki/Black_swan_theory 1) BSC lost 60% of it's market cap in the previous two weeks leading up to the close on friday...

1) Black swan...really? Please tell us what that "black swan" event was? BSC was hardly a black swan. 2) Your idea of a positive trade is to be wildly bullish, watch the market immediately fall 3.13%, then come back for a .8% gain....and then you start applauding. ROTFLMAO......ONLY ON...

From the timestamp on your bullish call, the S&P dropped 3.13% straight (at no point until this morning were you ever in the money). Now you're up .8% on your "call" and patting yourself on the back!!! LOL, only on ET. :D

http://money.cnn.com/2008/03/14/news/economy/krugman_subprime.fortune/index.htm?postversion=2008031705 From the article.... Q- How bad is the mortgage crisis going to get? A- What started in subprime is likely to continue cascading into the markets and keep the economy down until 2010...

:eek:

I believe that would make them "johns" not "pimps". :)

Apparently you're the only one who thinks so. Markets have been crushed since the first fed rate cuts.

1) I think the BAC/CFC deal is 50/50 to be completed. 2) The FDIC would take a few months to get all the money back to account holders. 3) Is it really worth the hassle and headache of possibly dealing with the FDIC for an extra .25%? BTW--- These sites update daily (savings, money...

Made it through 32 seconds. Threw in the towel after he said he "had documented proof that WWI and WWII were planned years in advance". The other 8 minutes had to have been all down hill after that. Yet another worthless thread on ET.

Day7793, Hedgefundtrader2, or whatevever your new perma-bull name is..... Just keep burying your head in the sand while your paper trading account is piling up losses.

If the fed still had rates at 5.25%... The XLF and XHB would both be below 10. The DOW would be below 7000. Massive runs on banks and financial institutions would cause world markets to plunge along with the U.S. That being said, I think the Fed is bordering on going too far with...

This is not "Wall St. News". It's a cock slob capitalizing on the shameless media and stupidity of the American public. Move this to chit-chat.

Less buyers = Less sales = More inventory = Lower prices RE is going much lower.

You've been saying that for the last 3 years. You're the Larry Kudlow of real estate. :D

You completely butchered the story. He lost that money over the past year, not today.

Her "day job" is sucking dick.

Funny part is that S&P report said they think we're "halfway through" the mess. News headlines just chose to report the good parts though.

What a liftoff.