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    Protectionism will solve US economic mess?

    And the parts are much cheaper thanks to NAFTA and other trade agreements.
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    Protectionism will solve US economic mess?

    No such thing as a car made in America. Manufactured in America with parts from all over the world.
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    Protectionism will solve US economic mess?

    First of all it ain't working because we are not now and have never done it. This is very basic stuff here, go pick up a Globalization or International Trade college textbook. Say we block French wine from coming in. This will make the suppy of wine here low and prices will go up, thus...
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    TT Journal

    Buying : EWM $12.50
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    The Great Depression Starts Today

    Shouldn't it be The Great Depression II.
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    Protectionism will solve US economic mess?

    But we do not have anywhere near free markets, we still put tariffs on things. And when we try to protect ourself by reciproality it ends up hurting us, NOT HELPING!!!
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    The Great Depression Starts Today

    I only see Gold, Silver, Oil pulled back 5-10% from new highs. Aluminum at a major support level. Coal, Steel fine. Sure, meat down, grain totally blah. Only see natural gas getting 'smoked'. Keep in mind I am short UNG and own DUG, but see most commodities pulling back from highs.
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    Protectionism will solve US economic mess?

    France not allowing our red wine in hurts them more than it hurts us. If we ban their red wine it will hurt them sure, but will hurt our consumer also as we'll have less choices and higher prices. Protectionism hurts, reciproality (spelling!) doesn't help the matter. Let our markets be...
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    TT Journal

    Buying: BG - $110.40
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    The Great Depression Starts Today

    Could you specify which commodities exactly are getting 'smoked'???
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    TT Journal

    Starting a little journal here. My usual hold time is a few days to a few weeks. Will list my entries and exits. Buying: PAAS - $31.49 SLV - $137.82 TWM - $70.20 Shorting: RKH $142.16
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    Protectionism will solve US economic mess?

    Protectionism hurts, this is very basic stuff here.
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    Buying TWM - $70.20

    ***
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    Florida suspends withdrawals from state investment fund

    The ratings are supposed to show the risk, no? Maybe there are no specific laws against this, I'm not sure??? But the rating agencies lied about the risk. The brokers at the very, very least knew exactly what was going on, they are not stupid. But more likey they pressured the rating agencies to...
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    Protectionism will solve US economic mess?

    Amen CL. Good thing this guy is only a mayor!
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    Florida suspends withdrawals from state investment fund

    'Safe' funds like this one are only allowed to invest in 'safe' investments. The rating agencies took these crappy, idiotic loans and called them AAA. This was not just a few people at one company. This was a classic, collaborated Wall Street Fraud to the tune of hundreds of billions of dollars...
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    Florida suspends withdrawals from state investment fund

    Yes, AAA = Wall Street Fraud. I wonder when the perp walks will start.
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    Anyone think massive reversal around 230 ?

    Stoney, I would never have the time to go read your posts, sorry, so I don't know much about you. I was simply commenting on your post about these commentators on TV and I am saying that almost all of them don't have a clue about markets or have a conflict of interest. What specifically got me...
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    Anyone think massive reversal around 230 ?

    Actually have never seen the fox business network once. Unfortunately they don't have it where I am so I don't know if it is good or bad. I used to see the Sat. business block on regular fox news once in a while. Keep watching bubblevision. If you don't see how wacked their programming is, good...
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    Anyone think massive reversal around 230 ?

    You must be stoned to listen to these people on bubblevision. They are better suited to be comedians. I remember in 2000 Abbey Joseph saying Naz 6000. I think she is the worst predictor on TV. Out of the thousands on TV, I have only come across 2 people that had a clue, Jonathan Hoenig and Gary...
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