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  1. J

    GM plans to invest $700M in Michigan for Volt

    There is huge demand among a very small portion of the population. Out of the 11,000,000 cars sold a year the prius accounts for a tiny percent of the pie. Can GM compete and win against the best run car company on the planet? Only time will tell but make no mistake if oil tanks and puts gas...
  2. J

    Calls for new PWA - Public Works Admin / Jobs needed

    Great post. The biggest job killer of them all will be healthcare. A family member of mine employs over 50 people between two restaurants he owns. He is convinced that he and many small business owners will be finished if they are required to pay for workers health care. He is scared...
  3. J

    James Grant & the USD - contrarian indicator?

    Of course the US wins because of its weapons. World war 3 will cause a massive rise in the dollar, it just matters when Obama wants to gets it started. Whats even more ironic is the so called liberal one will be the one pushing the buttons on our nucs.
  4. J

    Americans' tax burden is lightest in developed world

    You Quote Dean Baker who is probably the dumbest economist to ever get on tv. Baker would argue that a 90% tax rate is too low. Any productive family in the us is paying over 40% total tax if they are not in one of the 7 non state tax states. The bottom 30% who pay no federal tax creates the...
  5. J

    imagine if this happens every where

    Can't see how this won't be reversed on appeal. The judge wiped away over $250,000 of principal to send a message to the bank. Is sending a message part of the judges duty?
  6. J

    Economic Impact: Confessions of an ObamaCare Backer

    On my wifes side there is this crazy hippy family that she has a distant relationship to. At a family function they were talking about the doom of global warming( one of them is a music professor at Hofstra I believe), they were also very fond of Obama-care. These are the only people I know...
  7. J

    1/4% Tax on all stock trades pushed in NY Times today

    Retroactive would be great. Instead of making a great living from trading the last ten years I will owe the government about $48,000,000 in taxes. Hell why .25% on transactions lets go to 5%, Fazio says it will have no adverse effect right?
  8. J

    New guys, now is not the time

    Man you are an idiot. The op is one of a handful of traders on this board who knows what he is doing. When he says things are tough I listen. I have been doing this for ten years and this year has sucked. I know many traders who have made great money over the years and universal opinion is...
  9. J

    Ever push the wrong button?

    In the old days of preferencing (if you traded for ten years or more you will remember) I was tryng to get out of 5000 qqq short in a fast market. I preferenced closeouts on about 30 orders and got filled on almost everything. I think I had 113000 qqq. I had a massive margin call. I remember...
  10. J

    Ratigan nails how "dark pools" rip off traders: Dark pool trading = 10% of volume

    I suspect they don't as well. Anyone out there who knows the answer to this please chime in.
  11. J

    what just happened to the NQ

    looks like a fat finger, no coresponding volume in es. Looks like someone sold 15000 instead of 1500
  12. J

    EOD Market Sell off

    Vix traded right near 20 before bouncing, normally the dollar has been leading moves both ways but today they slammed sp's before the dollar started to move up. Also gold was diverging today from the dollar. We might get a move down to about 146 in the euro over the next week or two which...
  13. J

    How many unemployed do you know?

    I live in long island ny. Don't know anyone except for my father in law who just got laid off last week. I have alot of former mbs desk friends who used to make $400-$500,000 in the good old day. I saw a bunch of them at a wedding a few months ago and all they were talking about was how the...
  14. J

    1/4% Tax on all stock trades pushed in NY Times today

    Normally I am sure thing at telling you which dork is a liberal before they start talking. This segment really had me scratching my head. And yes cnbc did a good thing in not letting the liberal respond since he took the subject off topic right from the start.
  15. J

    Raj Rajaratnam, Founder of $3 Billion Galleon Group Hedge Fund, Arrested

    I recognized this right away...bet the indian sec guy got moved up the line pretty quickly to prosecute this case.
  16. J

    Government Stock Buying Operations?

    Very strange action today. Gold shares and the Gdx up 10% on a day when oil finished unchanged. Gold bugs will likely have all types of theories for this move.
  17. J

    What a crock

    Alvin, We have rallied for 6 months and we sell off for a couple hours. I guess it could be the bottom, who knows?
  18. J

    Best health care reform article I've read to date.

    The right is salivating. They want the dems to succeed in the complete overhall of the us healthcare system. They view this as their meal ticket for decades to come. Time will tell if the US populace is happy with Obama care or not. One thing I am sure about is we will get huge change in our...
  19. J

    Squawk box trading ES, useful?

    10 Years ago the sp squawk was useful but now the majority of dollar volume is in the es.
  20. J

    The 5 financial stocks with 30% of all volume

    Your reason might explain a little of it. Most of the volume imo is from the machines in these stocks. Remember higher volume begets higher volume, the boxes pick this up and gravitate to a smaller and smaller universe of stocks. The professionals I know trade the five stocks mentioned...
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