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  1. 377OHMS

    Let's say you are an AIG employee

    I would rather give the money to some scum sucking midtown "lawyer" than give it to Uncle Obama. I would sue AIG for breach of contract and I would sue the federal government for unconsitutional application of a punitive tax. Put the judicial smackdown on their candy asses. :D
  2. 377OHMS

    Issues with Day Traders qualifying for a Mortgage

    I have a friend who has operated a business for 20 years and has a ton of money but runs his books so that it looks like he has very little income. I guess the business pays a lot of his bills directly and supplies vehicles etc. Recently he had trouble financing a large boat and ended up...
  3. 377OHMS

    Issues with Day Traders qualifying for a Mortgage

    Who is going to answer the phone when the bank calls to verify employment?
  4. 377OHMS

    Suburbia RIP

    Oh man I hear you. I had to replace the slate roof last year. More than 25% of the total value of the property. Ouch. I also have the State forcing me to carry 2.5M liability insurance because of "precarious rock formations" on the property. Wtf? Its being pointed out to me by Los Angeles...
  5. 377OHMS

    Suburbia RIP

    I'm all in now on a similar type bet. I think the key thing is to make sure you really like the property so that it isn't a burden if you have to hold it for 5-10 years. Mine is closer to a 20-year bet. It actually appreciated 10% between July 2006 and November 2008 (bank appraisals) so it...
  6. 377OHMS

    How are people in Iceland coping?

    Actually, the article that Red_Ink posted a link to is the one that I read. Its a good article, fascinating really.
  7. 377OHMS

    How are people in Iceland coping?

    Well, they're mostly found over at EliteFisherman these days. Some over at EliteAluminumSmeltors too. Thats about it really. My limited understanding is that the icelandic folks financed their homes, cars and businesses in foreign currency to avoid local interest rates. When the...
  8. 377OHMS

    McCain Says Congress Should Stop Giving Aid to GM, Allow It to Go Bankrupt

    We have a third party. They wouldn't even let the guy into the debates.
  9. 377OHMS

    Obama's search for an enemy. Who is next?

    What, you guys gonna tell me you can't manage to hide under the 250k bracket for a couple of years? Advance and/or defer income like everybody else and stop bitching. :D
  10. 377OHMS

    Obama's Radicalism Is Killing the Dow

    You folks elected Obama and killed your own livelyhood. Most of you still can't admit it. Poetic.
  11. 377OHMS

    Friday March 6th...

    Yeah but he called P/E "profit earnings ratio" meaning he has never bought a share of stock in his life. What a putz.
  12. 377OHMS

    Will general population give up stocks ?

    If there isn't much market left then where will companies go to raise capital? Pesky degenerative feedback. :D
  13. 377OHMS

    Presidential Bait and Switch

    Agree with OP. The country has made at least two epic wrong turns. When housing began to heat up unreasonably the Fed should have started raising rates. Instead they eased. At the precise moment the government should reduce taxation and spending it instead expands dramatically and...
  14. 377OHMS

    List *Possible* Bankrupt Companies

    No, no! SouthAmerica said that Brazil is a wonderful investment so everything must be ok down there.
  15. 377OHMS

    Unsold Cars Around the World

    Hehe ok I'll bite. Why?
  16. 377OHMS

    Unsold Cars Around the World

    I was in a Ford dealership in S.Cal in January and they were selling lots of cars and making deals. I was there getting my truck serviced. On the way out I bought an '09 Shelby GT500 convertible with some bolt-on engine goodies and suspension. Sticker was 74k, I paid 56k total with tax and...
  17. 377OHMS

    Have a Unique problem regarding sleep and trading

    Stay on east coast time during your weekends. Light therapy sounds ghey but it actually works. Bright light for a few minutes while you drink coffee in the morning will reset your internal clock. Personally I would have a few beers or cocktails Sunday night at dinner to make sure I passed out...
  18. 377OHMS

    Matlab Trader Group

    Example of accurate time-tags using HAT: tags = 0 itime = hat; time = hat; for j = 1:9 while (itime + (0.1*j)) > time time = hat; end tags = time-itime end which gives some really nice time-tags: tags = 0 tags = 0.100003771425691 tags =...
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