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Amen to that. Especially in front of this month's FOMC meeting.

Someone is getting boned pretty hard on today's news.

If the Dems get elected to office, then it's buh bye Ben - they haven't had a Dem in that role for a LONG LONG time (if ever?).

LOL!

I would give strong consideration to Dewey Cheatham and Howe.

Alot of funds are single strategy like long/short, relative value, but alot of hedge fund managers employ multiple strategies - i.e., multi-strat funds. The distressed funds are the most complex of the single strategies, IMO. Not in their algorithms or programs or anthing like that - these...

Volume will probably break 7 mil today, and you consider that light? Sure, it's not 10 million, I know, but it appears that EVERYONE selling with a ~4% drop today. Looks like average volume is 6.8 mil so probably end a touch over average vols.

My advice is don't quit your day job until you are consistently earning $60k per month. In other words, quit when your monthly trading income equals your annual income from the computer programming gig. There is nothing worse than "having to make money" and "trading scared". With only $50k...

I have never used it personally, but some of the feedback I have heard is that they do not practice risk management very well. In other words, if a position goes against you/them, they don't typically adjust and simply ride it out. If I recall correctly, this person was using their double...

Jesus man! Corn is on fire!

Financials are getting the shit kicked out of them. Screw the 3:30 bailout, I'm starting the weekend early :cool:

It's moving up based on some stupid rumor. Fundamentals are deteriorating for GOOG, and there is no reason why it should have a market cap over $100bil. If you can make a trade out of it, though, then party on and do a bong rip for me.

Charlie Gasparino's brohter probably wanted to dump his FNM and SHLD.

I think this is the age old question, of "is the market targeting me personally, and working against me?" When i first started day-trading, this would happen to me all the time and really piss me off. Then, as I got more experienced, I realized that sometimes I was placing trades that somehow...

Or about a year too late.

This is the best advice I have seen on ET for quite a while.

No, they are using their influence to pump Jim Cramer's, Eddie Lampert's, and SAC's book.

Boy, you folks are a bunch of Milton Friedmans over here!

So, are we in denial stage?

I am thinking again, and I still can't come up with any plausible reason for an internet suearch provider to be trading at a market cap of $150 billion +. IT'S JUST A SEARCH ENGINE!