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That's about right LOL

Glad you didn't die today :) Learning how to ride it all the way up/down requires scaling it down a little I think (at least that's what I've found). Oh, the irony, huh?

You scaling out some now?

Got some to tide us over for a little while in case my credit card stopped working at some point. Not 10%, so I'm not sure what to answer.

That or the only one that'll be left, LOL.

Two things you never ask God or the universe (or whatever you're praying to/hoping to): patience and knowledge :p That said, good luck, I hope you're not too early on it. You can be right all you want, but if you leverage a lot, you can't be too early with it. What exactly is it...

Doesn't sound like people are being snowed, the mistrust is still there: http://www.marketoracle.co.uk/index.php?name=News&file=article&sid=6602

Doesn't inflation somewhat control the market these days? I mean, in real terms, the market could tank but on paper look as good as you please. I don't expect it to tank in nominal terms for years like it did in the Great Depression when the money was backed by something.

We weren't hit hard here in Texas. If you're really thinking about dipping your toe in the real estate market, I'd think about Austin. It's just a wonderful city to live in. People that are there don't want to leave, people that have been there want to get back there some day. Things to be...

Oh, gawd, thanks for the belly laugh for me after a hard week (personal stuff - not market stuff). Don't know why it tickled my funny bone so well, but it did!

Rolling On the Floor And, for future reference, this site: http://www.acronymfinder.com/ (Not being snarky, it's a very useful site!)

I was thinking about starting to prepare to take the LSAT. Seems like if they keep increasing the amount of laws and taxes, the only profession they'll eventually need more of is lawyers. Or, perhaps I could manufacture children's wooden arrows? I hear there's an important tax break for...

Eric, oh, definitely, totally agree. I'm just not sure what I can do about it. Like I joked about, they're not in the listening mood.

Anyone else get a reply from their broker? Here was IB's reply. Basically: yes, we know about it, no we're not doing anything about it right now because it's not like they've got their Wall Street listening ears on anyway. Okay, so that was me embellishing. Here's the email: Ms xxxx...

So, you're saying after they shut down us traders we should all just go to law school :p

Yep, seasideheights got it right. Look up Tobin tax in wikipedia.

Red Ink, if you continue along those lines of thinking, too, you'll realize that by expecting to collect $150 billion, I think they've already accounted for the decrease in volume when they came up with those figures.

Thermactor, I know, the street took care of it. Let you know which ones you could trust by share price. (in a very quick way :eek: ) Guess I was just hoping that maybe they really have come up with something to fix things. I'm not looking forward to things getting bad.

Just wondering, how does the bailout solve the problem of the soaring LIBOR, especially if it suspends mark to market accounting? Wouldn't that serve to make banks even more suspicious of each other? Or, is the LIBOR more an issue of banks just don't have money to lend right now because they...

LOL Who's up for a quick heist to slip in a page on the bill?