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Upgraded at both Goldman and Citigroup this morning

As long as the liquidity keeps flowing in, trying to short the overall market is a mistake. I think it will be the Yen strengthening that will be the signal that the punch bowl is being taken away.

They are betting this is THE bottom. They may be right if the Fed eases. If not, there will be lower bottoms to come. Personally, I don't think the Fed eases until they worry a recession is starting. I don't see that, yet. We have liquidity out the ying-yang fueled by speculative...

Until the banks realize they are the ones left holding the bag if/when consumer spending softens. The way we'll know for sure is when financing for one gets turned down or a Monday passes with no new deals announced. It may be that they get all the financing arranged before making an offer...

DCX sees the handwriting on the wall. They are really sure now it was all a big mistake. Better to dump, get whatever they can for it, and then bring the cars in from China to put it out of its misery. Thats much easier on DCX than shutting it down one plant at a time. The other...

The UAW knows that whoever buys it will move the parts and eventually production to China. Just like everything else...

I saw on Bloomberg today that foreclosures are up 46% overall nationwide. Not sure what time frames that is comparing. Assuming year on year. bullish? lol, Booya

*BLAME* him? LOL, not at all, Alex. I've made an absolute killing in the last year or two on the idiotic deficit spending, the selling out of American jobs to China and India, our increased consumption and dependence on imported oil, the doubling of the debt to the silly-sphereic levels...

They took back the market share from AMD

Being a multi-millionaire isn't anything special, anymore. They've been printing 10% more money each year, so every 9 years the number you'd need to get to doubles. The real game being played here is as you think you are going higher up the ladder, you pay incrementally more tax. You had...

Just remember that the current tax code started as a flat tax. Look what it got us. No point making the same mistake twice. I agree with the gas (actually should be fuel) tax idea. Make it high enough to fund the entire federal stupidity and eliminate all payroll taxes. We'd have gas...

No, the government doesn't consider the cost of the war to be a budget item, so we just pretend we won't ever have to pay for it.

and pretend its not...

Where's Custer when you need him?

Sidelines. Let the market decide what happens if the Fed needs to hike.

By 2012 at latest, but for the grace of God, there go we...

If that "free energy" magnet motor had actually been able to produce and measurable power they would have attached an alternator or generator to it.

The first problem is that if they spend those dollars the price gets bid up for whatever they are buying. The second problem is what will the person that took the dollars in the exchange above do with the dollars?

kitco.com is what I check

I guess I'm showing my ignorance, but to be honest, I don't know what a "prop" is, and don't understand why they would lend you 10x your capital, let alone 20x when even with my "top of the line", premier accounts the brokers only give me about 1x. Whatever amount you lose, if you lose, you...