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    The Atlas Shrugged sequence is actually happening

    This is DEFINITELY Ayn Rand material. Capitalism is about serving self-interest and by doing so ultimately serving the common interest. These boys and girls in Gubmint trade in fear, and they do not want free markets to be free markets, and are attempting to keep the market away from hitting an...
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    The Treasury had asked that decisions not be reviewable by any admin body or court.

    http://www.amazon.com/Heritage-Stone-Jim-Garrison/dp/0399103988/ref=sr_1_1?ie=UTF8&s=books&qid=1222104462&sr=1-1 http://www.amazon.com/Silent-Coup-President-Len-Colodny/dp/0312927630/ref=sr_1_12?ie=UTF8&s=books&qid=1222104276&sr=1-12 What we are seeing I would not call a coup. We are...
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    The Treasury had asked that decisions not be reviewable by any admin body or court.

    <cite>German Chancellor Otto von Bismarck: "There are two things you don't want to see being made: sausage and legislation."</cite><p>That was then, and now is now. I CANNOT imagine anything any uglier that the executive and legislative branches conspiring to nationalize financial institutions...
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    How's Paulson going to get 700 billion ?

    <cite>How's Paulson going to get 700 billion ?</cite><p>The old fashioned way, paper and ink and functionally operating printing press. You combat deflation with inflation. Have you ever seen the REAL pictures of post WWI Germany where there were actually wheelbarrows of pretty much WORTHLESS...
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    Pure fundamental approach?

    The last 500 points was DUE to the banning of the shorting of FINANCIALS. How ANYONE can take credit for that in their trading is beyond me. I say that understanding that the Dow did not make a 500 point gain after shorting was banned, but if shorting the financials had not been banned...
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    is the US a third world country?

    What makes the United States a third world country is not the economic problems which has beset it as well as the rest of the world. The United States has become a third world country because its system of public education is ROTTEN and is becoming ROTTTENER with each passing day.
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    Pure fundamental approach?

    FYI, I made a LOT of money last Monday morning, I cashed out in pre-market and I do not regret taking my profits before the market opened on an almost 50 point futures gap down. My profits were not taken so much on technicals nor fundamentals as much as I got the DIRECTION right, I have not...
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    Monday up or down or close to unchanged at the end

    It is all about political spin and expectation. 700 million is the expectation. If it gets sweeter than that or it appears it might, the addicts have a party and the market goes up. But if somehow that number get lesser, they go into withdrawal and the market goes down big time. If it...
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    Pure fundamental approach?

    The problem with that is, you have had TWO artificial gap ups, in a period of hours, not even two whole days. Much of those gap ups can be attributed to short covering. Fundamentals are a problem. Things such as employment and real income do not bode well. Not only that but the economic...
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    ET is filled with guys that don't even trade or trade on their boss's computer.

    <cite>ET is filled with guys that don't even trade or trade on their boss's computer.</cite><p>So what? If you need some professional advice on the intricacies of trade executions, go to the opening orders thread and ask Don Bright or any number of other traders your question, your question...
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    Pure fundamental approach?

    The trading game as we have known it, has changed. Fundamentals and technicals meant little last week, it was all about just who was getting their ass kissed by the government and to the tune of how much. Fundamentals and technicals mean NOTHING to those list of stocks that you cannot...
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    It's starting to unwind!!!

    Jorge Bush and Teddy Kennedy ARE the same immature boy. Both boys misspent their youth in a drunken stupor. Both boys because of a wealthy and connected family were able to advance despite their shortcomings which would have doomed an average Joe like me and most on this forum because of...
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    What 700B can buy you.

    700 billion does NOT buy ONE week of market stability. The global economy has been revealed for what it is. No ability to hold the private market responsible for coming up with or participating in the solutions to the problems that they created in the first place. Free and fair markets were...
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    It's starting to unwind!!!

    Hey, dude, I can't speak for posters, I am just a bottom feeding scum sucking low life day trader. But as a trader, I got ALL my market information from TV last week. That is the reality of a socialized economy and nationalized financial institutions. MSM whores get fed bits and pieces...
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    An Open Letter to Warren Buffett.....

    <cite>This is a nation of idiots. We need to CLEAN OUT, forcibly if needed, all the self interested , scamming manipulators.</cite><p>The political system BROKE before the economic system. I laugh at the Bush haters, he is a relatively popular guy compared to Congress. His approval rating is...
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    An Open Letter to Warren Buffett.....

    I am not sure if Warren is a "rugged individualist" but I know he knew some. He ain't throwing in with the gubmint minions. Subconciously, he might welcome financial cataclysm as great challenge in his old age.
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    An Open Letter to Warren Buffett.....

    Warren Buffet may be a liberal Democrat, but that is only because it is more fashionable to his curmudgeon image than the alternative. He is a capitalist at heart unlike the political crowd he seems to want to associate himself with. He is looking to buy distressed assets on the cheap...
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    Let the Market rule.

    Thanks for the heads up. He did frame the argument correctly inflation versus deflation. The funniest thing I saw on television last week was CNBC contributor William Seidman's big turnaround. Initially, he got it right. As former head of the Resolution Trust Corp., he said that a hybrid of...
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    Let the Market rule.

    Some thought our ultimate Socialist destiny was just weeks away. If Barry or Juan was elected, they would have nationalized healthcare and transferred a lot of economic activity from private to public. Even if Juan was elected, he is after all a big government guy in love with Teddy Kennedy...
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    Education/Career advice please

    <cite>Again, I am not looking to become a trader (at least at this point in my life, maybe later on I will think about it)... I want to work in investments and make big bucks eventually.</cite><p>Have you read the papers in the last couple of weeks? Thousands just like you will be filing for...
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