Search results

This is sad for all those families and because when you hear the news all I ever here is how good the economy is recovering and How a bailed out GS will hand out 37Billion in bonuses. (It's not that I'm mad they made money but they used tax payer money with ultra low rates to scam the system.)...

Wow. Don't we ever learn there must always be full disclosure for free market economies to work. That is how it works because once the people lose faith in the system they will not invest in it again. Ben is saying that not being transparent is the greater good since it may cause banks that...

I know what your talking about what people fail to realize is that all these bail outs and public expenses causes the rest of us to have to pay for it and lower our quality of life. I remember when I was in junior high the engineers had that baddest cars and houses and now that I've become an...

I love this article it states everything I've been telling my coworkers. Right now I'm trying to buy a house in San Diego but all the houses are still over priced. Even the foreclose houses that need like 30k in work are still over 300k. The banks reject offers that are lower or just wait till...

What sucks is people fail to realize that capitalism works off the principle of transparency. If we let all the cats out of the bag and stop giving money to banks and just give one giant stimulus bill we would have been much better off. I live in San Diego and am finally starting to look at a...

Well I love to short because you can make a lot of money but lately for me it's been hard. Every time I've shorted we've had a strong ralley. The times I've shorted the rallies they've hit my stop losses so right now I'm kind of frustrated with the market. To many factors affecting the market...

The way to fix this mess is to stimulate the economy by spending 100 billion on infrastructure projects around the country. This will create good jobs which in turn will create more jobs since them employees will spend their money. That's how you fix this economy by getting people to work not by...

Hey Day where you at. What happened to you in all your positivity I told you that until the credit mess gets cleaned up, we will not be able to sustain any kind of rally. The markets are all about transparency and if you are missing that aspect people will be nervous to put any kind of real...

NO you don't blame Greenspan it's not his fault. If you want to blame anybody blame the chinese there the one's that kept the ten year bond so low even when Greenspan was trying to raise rates they are the one's that funded our housing boom. Remember that the ten year bond is what sets the...

Day The last couple of days moves have been psychology and positive thinking of all is fairing better. This is a hoax and I'll give you a couple examples of why nothing will improve until the pain is felt by the market. Ever since last year around March credit concerns have been popping up as a...

Day I see all your posts but how can you be so bullish. In a free market economy were having the government interfere with the rating agencies by not letting them down grade the big mortgage insurers. Today on IBD they wrote the S&P would give mbia 90 days before they would cut their rating...

What a load of shit. Ambac is giving a load of bull to everybody. I mean come on look at there quarter, they should have faced a down grade by the credit rating agencies. I live in san diego and man is there alot of foreclosures and more to come as the economy worsens and the people who had 600k...

Well it is nonsense that moody's and S&P haven't downed graded ambac and mbia and the other banks. I mean come on what are they waiting for let it all come out and we can be done with it. This is the reason why were going to get into a nasty downturn because the credit agencies are the biggest...

What a load of crap. What are these rating agencies for if there not going to cut the ratings of ambac and mbia, and they wonder why nobody will do any loans because the risk cannot be measured. Oh well I guess it's in my interest for them to cut the ratings since, I'm short the market...

Isn't this funny I was in the San Diego State library finishing up my EE homework and started looking down the finance isle and so like five books on neural networks and how to incorporate them. Read a little bit of it and thought it was very interesting.

The fed will cut .25 because they what to take away that stigmata of being slaves to the market. Just look at oil if he cut's more it will surely rise to a 100 again. Note that oil needs to come down and the only way that can happen is to have a minor recession. If Ben gets to crazy as oil is...

yea watch out with ameritrade I used to have them and paid crazy fees. One day I had an option play and I used to trade trigger to basically sell my options if they dropped by a certain amount. Well I didn't think that order went through and did it again a day later and when the price dropped it...

This is nonsense. The only thing that happened was a short covering rally. When we were down over two hundred points today people decided to take profits for now since we've had alll down days the last week and half and the odds of it to keep going down without a rally were narrowing. My take...

I think that the fed will not cut at all posible costs. He doesn't want to be perceived as catering to the markets. What will end up happening is the he will lower the discount window to 5.25 so that banks will be able to borrow but nobody else. Also I feel the government is going to expand...

Well I went to Malta when I was in the navy in 1998 and it was a blast. When your not trading there's tons of clubs with tons of chicks everywhere. Trust me you will like malta the women are fine. There's like a school there that women from all over the world go to. So have fun and don't hesitate.