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    Another 1:30 skyrocket to 9,000?

    Wow. This market is really just unbelievable. I'm a longer term position player - weeks to months timeframe and I just keep shortening and shortening my focus. I think I am now thinking forward in terms of 4 hour blocks rather than days. Went short on the close yesterday, closed out...
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    Another 1:30 skyrocket to 9,000?

    Just out of curiosity, has anyone noticed that the 'TIME' to go long used to be 2:30pm and now is 1:30pm? Daylight savings time anyone? Perhaps the master TARP computer didn't get updated.
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    Urgent Message From Rennick

    OK rennick. I'm with ya here. Let's see a moderate repeat of yesterday, even if we only close at flat or slightly down. Its ahead of G20, you know.
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    Worst Yet to Come for Citigroup

    My position on this has always been that since Rubin wouldn't touch the CEO slot with a 20 foot pole, citi must stink worse than a rotting fish. Hence the choice of Mr Pandit to be the fall guy as it all comes apart. With that said, under $10 it starts to look purchasable. Under $5 I...
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    Hyperinflation

    If your income is in USD, why buy dollars? You have a structural long position. Dollar stronger? Better for you. Take the losses in your investment account and write them down for a tax deduction. Rinse and repeat.
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    What caused this huge rally after 1PM ?

    Out of SDS @ 92.90. See? All's well.
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    What caused this huge rally after 1PM ?

    I should disclose that : 1. I have a (reasonably) tight stop (3% which is tight in this security) in this trade, which is only on for a small amount in the account I am trading it in and expect to close it out at a 1.5x risk ratio. 2. Looked at this as window dressing in front of G20...
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    What caused this huge rally after 1PM ?

    I might regret it tomorrow but I just had to sell that close. + SDS @ 90.70 Great fill for today, but might not be for long! :D
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    intc tanking 1$ after hours on earnings cut

    I've got a standing order in to buy under $10. Even if the world is ending - why not?
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    Rahm Emanuel Wants “Compulsory Service” for Your Kids

    Rahm is channeling two ideas: 1. The inculcation of shared community values and civic duty gained through his compulsory (elected) service in Israel 2. The creation and implementation of Tom Barnett's SysAdmin force to occupy and control countries/regions after the leviathan force (US...
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    WHOA!!! China... With $586B to spend?

    True, which is why it will all be new construction.
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    GM now says it may not have the cash to finish '08 - do not buy a GM car!

    Crash in a Kia and you won't need to worry about replacement parts.
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    More Dirt on Sarah Palin's Fancy Duds

    Considering the circumstances, and likelihood of herself being elected, Sarah probably chose the only reasonable option - enjoy the ride, get a few nice duds and perks out of it for her and her family, and the ride off into the sunset of obscurity. Considering the evisceration that she has...
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    Obama's Treasury Secretary Pick

    OMG and then roll 30 year zeroes annually? I would drop down on my knees and thank god and jesus and even allah or yahweh or confucious or whomever else you wanted me to on a daily basis as I became a risk free gazillionaire! Not gonna happen, unfortunately.
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    Inflation not Deflation?

    Yup, missed that opportunity a few years back, its true.
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    Inflation not Deflation?

    Suspect this is now becoming the most likely scenario as well. With President elect Obama's victory, oil as an asset class is the most perplexing area. Bad for oil: Alt energy, conservation, mandated efficiency standards for cars, hybrid vehicles, gas guzzler taxes, Good for oil: Currency...
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    The only reason to celebrate

    So are we now. Adapt or die.
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    If JPMorgan is lightens up on proprietary trading.....

    Would be curious to know the specifics. Seems that this bunch was a separate proprietary group that was making bets cross markets (or in out of favor securities, such as CDO's etc...) and had underlying core competencies that warranted their moving into the single product trading environment...
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    Who is going SHORT or LONG into the election tomorrow?

    Gnome - think its a sentiment play. Consider how heavy Gulden's Snacks (first 2 letters) are bidding O's presidency & realize that there will be euphoria for short term. Only after later when its clear he is not going to play ball will there be negativity (post beginning of january, but i...
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