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I take it you do not realize that it has ALREADY HAPPENED. In the early 80s Reagan drastically increased payroll taxes, and dedicated them to a "trust fund" that holds nothing but Treasuries. The US has already been implementing this plan for over 20 years, and it was a significant factor in...

There's the rub - how much time? If Japan is the model, it could be years and years and years. Last time I looked Japanese 30yr yield was flirting with a 2-handle.

You are free to. However, you are not using the standard definition of "ponzi", which does not have any perception or knowledge components. A Ponzi is simply any scheme that generates profits for earlier participants by the skimming the proceeds from later participants. Whether anybody...

"Ponzi-ness" is not a function of who is looking, it's a function of capital structure. There is little doubt many of Madoff's investors knew full well the game was not legit - they just happened to think they were on the right side of the trade. The OP is right, ever since Reagan increased...

Annualized returns of 3,605%. Yes, that's a comma, not a decimal. No, that's not credible.

More accurately, it's based on fantasy. Booms and busts are impossible to stop and have occurred and will continue to occur under every conceivable type of monetary policy/base. It would be nice if at some point economists started building theories on what is, rather than on what will never...

There was at least one former ET regular who claimed in private conversations to have found a way to game collective2. Whether that was actually true or not, I do not know.

They are basically saying "stay short at your peril, because we will do anything, (currently) legal or not, to save the current system". It's the nuclear option - no longer is the concern to stay solvent in a sustainable manner - now it's all about staying solvent just long enough for most other...

Both countries are nuclear powers. My money would be on the cockroaches.

Because with high IV, low price and Mr. Log Normal there are times it makes more sense to use options than the underlying.

It doesn't. But then neither does 90% of the stuff done by 90% of people in any other job. If it really bothers you - and personally I have a fair bit of respect for people whom it does bother - either use the earnings to do something genuinely useful/impactful or change professions. Cheers!

This is going to be the last Apple keynote at MacWorld, as they will no longer be attending the conference. And Jobs won't be doing the keynote - the last keynote. This is being viewed in some circles as...concerning.

"Contrarianism is the new Conventional Wisdom." paraphrased from some guy named Soros.

At least one of them was a senior advisor to a spectacularly blown-up hedge fund.

They already went straight to zero. Today is just show-and-tell day.

Poll needs a "Don't give a ****" option.

Will be interesting to see if people start questioning Rentech.

It's probably a safe bet that a number of these folks suspected there was hanky-panky involved, and chose to look the other way because they thought they were in on the take.

The problem is without a government backstop, Chapter 11 will turn immediately into Chapter 7. Which is an entirely different kettle of fish. High speed game of political chicken going on here...

Apologies - GOOG didn't hit - I was going from memory and just rechecked. It's not a "trend" signal, it's a "go long, potential trend starting" signal. Moving averages have no impact for me, because I do not use a definition of trend that uses moving averages (I don't MAs for anything...