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Omg I was at work when I read this and just started laughing. People where wondering what was going on.

I found this link it is awsome, and pretty much sums up the day. http://market-ticker.denninger.net/a...overnment.html

I trade 12-15k per contract and anything else, oyu are just asking to blow away your account.

sell limit at 1213.25

Cheer up. I have done that many times. I actually went short at the point you went long because my system said to short. I had a few lessons like you had until I got the message.

Picked up 2000 more silver today in paper. I have 1000 in eagles and the rest in paper. I expect it to move up nicely soon.

I am long the yen futures as well. In fact that might be the only currency worth anything once eurozone and USA fail.

still short from 1205.50. 1/2 profit at 1190.00

sell stop in place to enter short at 1205.50

surfer you shorting below 893?

still short DEC ZB from 118 16. This trade is starting to look bad. I cannot believe the huge reversal today in the bonds. Anyone thinks the yields will go much lower?

So tommorow you obviously expect greater than 400 point rally in the dow?

I just shorted the shit out of the ES at 1273.00. It should work out:)

This huge gap up in the ES should not be sustainable. This is from a ton of shorts who got seriously caught over the weekend over news that we already knew would happen. I expect a huge reversal overnight maybe up 200+ points, but not this 350+ going overnight. BTW, I heavily shorted ES at...

Euro is oversold and should retrace at least to 1.4800. Considering that the fed just weakend the dollar tremendously.

I currently own a C6 Corvette Z06, and that is likely the best car in its class at any price. So at least GM got that one right.

Actually, the expiration is when they file chapter 11.

Did X file chapter 11?

I guess that the stock is still at 10 because people are gambling that there will not be chapter 11 in the future.

Btw, What happenes to shareholders if a company files chapter 11? I know that the stock prices collapses, but do new shares get issued when the company reorganizes? I think Chapter 11 would be great for GM because they could get out of the ridiculous Union Benifits that are killing them.