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Of course this happens just as I open my TOS account. :D If they go belly up then I can simply short the heck out of the market with all my other accounts. I don't think it will be permissible in this socialized market. I'm riding this out.

Long in expectations of rally post obama election. Mc Cain negative for equities. That's why I have that long ES call spread on.

A kindred spirit. At the end of the day, I'll own it. Not the bank. Opportunity cost be damned.

Think you have the obama trade wrong there guy....

Trabants anyone?

Long 1075 - 1150 ES verts in Z today. I'll stay long.

You know, when I posted this article, I didn't expect it to generate 20 plus pages of comments, much of it vitriolic, and then devolve into a discussion of credit card debt avoidance and bankruptcy tips. The point of posting the article was threefold. 1. To point out how an individual could...

Someone once explained to me that one's wife is a 'supercreditor' who has about the same status as the IRS in terms of what they can access. Prenup probably works best if she is coming into the marriage with her own wealth. Seems to me that marrying the right person is your best defense.

I am sitting on sidelines for now - market moving too fast for me! I'm the right way, but having problems with the timing. Better for me to stay (relatively) flat and not simply trade to trade. I am not sure that we aren't going to be entering into a new period of increased volatility...

More like 1. O Elected 2. #2 succeeds 3. Biden now Pres 4. See 'Carter Presidency' for what's next.

Wow. Glad I used options for my short.

Getting closer... 0.95

Fine so long as we have a financial system left after all this is over.

Thank you - useful observation.

55 water.

Well, let's see. First off, the standard cafeteria plan is usually saddled with high-fee mutual funds in a 'style box' which is supposed to give diversification. The reason for that, by the way, is so the employer gets the 401k at the least cost to them. Nice, huh? So, let's see, which has...

Nonsense. God helps those who help themselves. Happy Sunday.

Not so easy to buy platinum, palladium, or silver coins either.

Absolutely amazing that people feel that they need to flee the country to avoid paying their debts.

http://money.cnn.com/2008/10/23/pf/college/student_loan_fugitives/index.htm?cnn=yes NEW YORK (CNN) -- Carl, a Florida native now living overseas, is afraid to move back to the United States. That's because he can't afford to pay his student loans. Carl (who doesn't want his last name used)...