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Ah, the good old days - I would have loved to have seen gnome's response to this :D

I am only thinking out loud here (if you want to call what I do "thinking" ;-) ) but, I would start with the profession that produces the highest discretionary income. If that profession is shrinking, then there will be less discretionary income out there than if one of the professions that...

A major problem I have with this analysis is that I didn't think of it!!! I always hate when that happens :mad: Your reasoning is clear and logical! Thanks for the insight! -gastropod

Cdntrader - I am laughing my fat fool head off now!!! I agree, BUT the sad AND true thing is that WE are out here looking at the situation - the stupid f'ers are "All In" with 2-7 off suit!!! WE are screwed!!! Both US and Canada! Why laughing - it is too scary to cry! -gastropod

If you read the Fed document - a complete joke - the "alternate more severe" scenario calls for...you better be sitting...8.9% unemployment - with the "less agressive model "calling for 8.4% unemployment! Hello, the "unemployment" rate is already 8.5% - the model for the "stress" test is...

Once again, for those who don't think the gov't is playing in the markets... http://www.elitetrader.com/vb/showthread.php?s=&threadid=147142 -gastropod

You have the cart before the horse - you are in effect saying, "He went to jail, so he must be guilty." If you read the article - that is one of his points - even in America, you can go to jail and not have been proven guilty. From the article - he was in jail for contempt of court - not...

Not trying to be rude...but, you don't seem to have an understanding of the PPT!!! Go do research on the "President's Working Group on Financial Markets" - aka the Plunge Protection Team - the market is being manipulated these days - provably manipulated. Soon after this post there will be...

Well said! I support retail, prop and quant trading - most people don't understand the volumes and speeds involved with trading today. How easily people confuse "short selling" and "naked short selling" If anything - not enforcing the ban on "naked short selling" is the cause of the...

No "acquiring bank" had previously occurred three times this year. The Omni National Bank (March 27) failed under such a circumstance - no acquirer. In the Omni National case Sun Trust maintains(ed) the accounts for 30 days after which the branches/headquarters will be shut. Omni National...

Please!!!! Anybody who has been on this site knows that lies and bullshit thrive - honesty and truth are dying! There was a thread not so long ago about some dingleberry who quit his job and started his own hedge fund. He had burned through his savings and was working as a pizza delivery...

Take the time to realize that there are things more important than the "markets!" -gastropod

Are you guys insinuating this is another fake rally in the markets? Gee, who woulda thunk ;-) PPT has been playing hard for the last few weeks for this "rally!" You can see it in a DOM for /YMM9 - the market starts to go down and "mysterious bidders" hop into the market looking to buy...

Don't feed the trolls, please! You only joined relatively recently (Oct 2008). Sphincter_trader is a troll. I have him on ignore - check in "your account" (near the top of the page and on the right) In your account you can put people in an "ignore list" and their posts won't even show up...

You guys are forgetting something! Screw the f'ing bank that lets this guy sit in a house worth several hundreds of thousands of dollars for TWO YEARS without a payment and doesn't foreclose - even for tens of cents on the dollar - no these greedy f'er banks are depending upon the dumb ass...

Where do I begin??? Why is deflation far worse than inflation -rhetorical question - it is only worse than inflation in that the morons at the Fed feel they can't control it - and that is bad??? The bubble needs to burst! The bubble cannot continue, because nobody can afford the new higher...

No offense, but I am laughing at the question. What we are facing is more "Book of Revelations" than the book for Econ 101. Why? I will explain...We are not looking at the collapse of a currency of a"minor" country. What we are talking about is the collapse of the world reserve currency. I...

FUCK THESE PEOPLE!!!! They entered into what they thought were "dream returns" - while the average investor had their 401K or some interest from a savings/checking account - they FUCKING LOST!!!! They went in without FDIC insurance or anything - FUCK THEM - no TAX FORBEARANCE for greedy dumb...

Not this conservative! Mark to market all the way! How else can stuff be valued? All of this stuff about Tier 3, Tier 2, Tier 1 capital - bullsh!t!!! What will the market pay for it. <-I wish I could make that period bold! I am going to take a crap...leave it in my toilet...but...

The Constitution DIED in 1933 after the traitor FDR STOLE the gold and silver from the people, so I am NOT worried about capital/corporal punishment. Nationalization or not - hang/decapitate the banksters. The ilk of Bernie Madofff/Stanford have "killed" more than a few people...by subjecting...