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http://bp2.blogger.com/_pUHquH32zpQ/Reg8Jly6KGI/AAAAAAAAABA/TXkG37SeTdg/s1600-h/distressed_trader.jpg Keep'em coming.

He has had a hard on for the auto companies for decades. Don't really know why, but it seems a bit obsessive. The old joke; How do you become a millioniare? Take a billion dollars and buy an airline stock. I believe this applies to American auto makers, too.

My position on stocks? Fetal

I concur, fully. Wasn't Ron Paul talking about this?

Dirtbag Daytrader.

Right! With unsustainable real estate in the ocean. Sounds like a setup.

Soooooooooo.........all traders, not just mortgage backed security traders would suffer. Sounds great. Weren't the politicians the ones who created Fannie and Freddie to buy these pieces of crap and push higher risk lending on banks? Granted that was decades ago (Louis Ranieri), but who do we...

No. Not at all. $10 a tic with a $4.50 range today? Come on, jump in. The water's fine!

Just responding to your posts, laddie. sliding.

Uh.............nope. Check again, he's not hedged. And i'm still offended that he called me a public toilet cleaner.

He never said it was hedged.

Collegetrader, Keep going. You are insanely young and the lost money is valuable tuition. Trade smaller and apply your lessons. You can not expect to come right out of the gate and make money. Good trading.

Making a call is one thing. Calling everyone on ET an idiot, stupid, burger flippers and touting how much you are up this year certainly is begging for a response when "the greatest trade ever" vanishes over the weekend.

..........still waiting on that blowhard to write his first post from the weekend mess. Maybe he's still in the Chelsea bars, trying to get laid?

I wouldn't call 90% risky. I don't even call 50% risky. If half my trades were profitable.........wow, I would be on a yacht with an entourage of fine ass. And if 90% were winners.........holy shi!t..........I would fly to the moon. I think my winning percentage is a little above 30%.

If you have a 90% hit rate on one system, why o why would you need another system?

I worry about this constantly. When sh!t gets choppy and unreadable I think to myself, "is the party over?" I have no intentions of going back to grind and have learned that patience, whether for a day, a month, or many months, is something that must be learned and constantly applied. If...

Who is fishy now? Lehman = $4 First you say Einhorn is a "wild card." Uh........nope. Then you say that even if shorts are right, to criminally investigate the bank execs. Who is your bad guy? And where o where are all the posts bad mouthing the short sellers?

Yes. I believe the largest market maker was Duke & Duke. That one trader, Billy Ray Valentine was HUGE.