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Different opinions are what make a market! :) Like I said, shorting GS is a gamble. I don't know if I'll actually have the balls to do it, because GS is not the type of stock I would like to fuck with. You could very well be right, and it could go back to $250. GS is just that type of...

By public opinion, I mean from their clients. If all their clients use this as an opportunity to extract a better fee, or maybe they migrate to MS or some boutique IB, then it could definitely be a problem. Clients may not want the headache of having to defend their relationship with GS...

I dunno. I think the charges likely won't hold water, but when main stream public opinion starts going against them, it's the reputational risk that is more of a concern. Remember, GS did the exact same thing with Bear Stearns when it felt weakness, which is attack. You don't think that...

I also have DNDN from about 25 and still hold onto it. I'm getting pretty fricking nervous. I was going to write calls when it hit 40. I still might do something along those lines to protect my profits, I'm getting too nervous that the approval is a bit too obvious.

What? That makes no sense to go private. GS just IPOed 10 years ago. The partners would lose way too much money if the stock price fell. The cost to take GS private doesn't make financial sense either. I think retaildaytrader's idea of MS is a great one, I'm going to be watching that one...

I don't think all the negative news is out on GS or the financials by any means. It seems to me that with Obama wanting to pass banking reform, this is just the first volley to force public opinion so that the Republican cronies won't oppose it. I think over the next couple of weeks, the...

Here's the chart that didn't seem to attach.

I'm seeing some really weird regular spikes in the IB volume. I chart out the HSI using 1 second "candles" so that I can see the volume, because watching the market depth is way too confusing because of how quickly it jumps around. (Don't bother critiquing how useful this is, I'm not sure if...

You don't share their loss. In a regular capitalist society, the banks should have taken the losses themselves for faulty risk management. The government has fucked us by rewarding the banks' failures and giving them taxpayers money. This is insanity at its worst. The reason for the...

Does anyone have a lot of experience with the KOSPI? I've been trading it a few times over the past few months, mainly just watching it whenever I get a chance. I notice that the volumes are pretty high, but it's not very volatile. The funny thing is that I don't see a lot of actual...

I've been tracking volume on NYSE since 2007. This year, it's the lowest year since I don't know how long. It's barely keeping it's head above 1 billion shares per day, where as since 2007 at this point it should be trading over 1.5 billion. The volume has dropped by 33%. Where did this...

It was consumer credit expanding that was the real cherry on top. No one was expecting this, and expanding consumer credit means more buying. A consumer credit expansion in 1982/83 was what started the 20+ year bull market. I must say, I still think the US is in deep shit, but the numbers...

As I expected, all rhetoric, and no facts. I know you FEEL that Obama is a commie, but bring up a few facts to prove this. You said the evidence was everywhere.

Okay, what evidence besides health care? As far as I can see, he's actually center-right on the political scale. He's almost a clone of Bush except for health-care.

I don't like Obama one bit but I don't see him as a commie, especially when he's giving all his Wall Street buddies billions of dollars! The problem is that our economy is/was 70% services, meaning we don't produce shit anymore. We're a country of salespeople. If consumers stop spending...

I agree wholeheartedly. For example, the Czech Republic voted in Václav Havel , a poet, and he remains one of the most popular politicians of all time. When he was diagnosed with cancer, he insisted in being treated in the same state-run hospitals as the rest of the citizens, because he said...

I disagree with you. I do agree that governments will continue to kick things like pensions and medicare to the next president. However, yes, things can get bad, but I don't think anarchy and chaos will result. Think about it this way: If people would have told you that 10 years ago that...

I think, unfortunately, we're in such a hole now that normal fiscal measures such as dropping taxes and cutting spending won't help us anymore. Our problem is that we are painted into a corner. Wall Street has forced companies to export all our manufacturing jobs to China, so that the...

You are a fucktard. What "values" are you talking about, that whites should only have jobs and minorities should get all the shit jobs? That was America's values 50 years ago, not today. People like you make me ashamed to be a white conservative. Minorities "own" the gas stations? You...

For the record, I don't generally support raising taxes, but I think there may be no other way out of this mess. The problem we have here is that both Bush and Obama FUCKED UP our finances and when we gave them $700 billion, instead of using that to prop up the housing market, they gave it to...