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Funny thing, golden Goldman says yesterday that they have nothing to announce after the close. And then news comes out today that they are having trouble. I guess Bear Stearns should have read the GS playbook and just never announce the problem in a press statement? "Didn't happen"

Quite a battle going on Naz at 50 day

kinda hard to get entries when the markets doing V and ^

For Bank of America Corp., the No. 2 U.S. bank by assets, today's increase in overnight borrowing costs was the biggest since the Federal Open Markets Committee raised interest rates at the end of June 2004. For UBS AG in Zurich, it was the largest jump since Europe's No. 1 bank by assets said...

Well this action clearly states what same you guys have been saying. Bias right now is up. We're back to the ol familiar "buy every dip" regardless of any reasoning. Problems in the credit markets.....pshaw....that won't affect us! Ok, now that I've got that out of my system , I can just...

Those two news releases are a wonderful argument that technicals trump fundamentals.

Hear, hear.

You're right...I just saw that. Though it does indicate how squirrely the markets are if that rumor moved us 1-2% down, then up. Fear's still out there.

You know, I looked at the time stamp on that announcement. 15:28 ET Right when the markets rallied. Such BS collusion. If Ben's comments weren't enough to relax the lemmings, Bush comes out the next day and does the same. I guess that means he'll do everything he can to stop a decline?

Umm, I had zero problems with IB data with GS, futures, LEH, IBM, GOOG today. Anyone else having no problems. In Cali.

"So the conditions for a -- you know -- for the marketplace working through these issues are good, and that's how I look at it, " Bush said.

http://biz.yahoo.com/ap/070808/bush_economy.html?.v=3 Run for the hills

http://biz.yahoo.com/ap/070808/bush_economy.html?.v=3 Bush confident of Market Recovery Good enough for me. Going short AH. Confirmation was weird ass closing rally. Tight stops of course.

Just further evidence that having children is a poor risk/reward propositi I kid.

Ummm, yeah. Its like every other equity market. You can put in an order before the open. All the orders at the open of the market determine the opening price. When there's a severe imbalance in the price, the open adjusts up. You've seen gap ups and down before, right?

Interactive Brokers

Only a fool would be so absolute.

Man I don't care about tape painting and fraud. Those are the excuses used by a poor trader. However I am none too excited by the action today. I'm falling asleep! Making money but falling asleep. Bring back last week damnit.

What are you talking about? Its f-ing sweet. Wish it was like this all year.