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    Draghi just put a floor under the market, hmm

    Don't fight the FED (s) We could see 1400 in the spoos. This market WANTS to go up. We're in for some volatility though. As a Trader I appreciate that aspect. QE to infinity. The way I currently envision is the following: We are in a plane with enough gas to go 5000 nautical...
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    Credit Suisse?

    Bargains Among Battered European Bank Stocks? Oakmark International's David Herro Makes His Case July 23, 2012 | includes: BNPQY.PK, CS, EUFN, LYG, SAN, UBS By Carla Fried You could excuse David Herro for being frustrated and blue right about now given that his $8.4 billion Oakmark...
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    S&P is up 30 pts in the last 6 hours the market has been open

    Elections, QE3, no other havens for money. Domestic stocks are the best of the worst and the rally hats are on until they're not. Post options expiration we will likely come down but we're range bound for now with a ceiling of 1400-1450. Last year when we were bottoming my back of the napkin...
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    Credit Suisse?

    Wed, Jul 18, 2012, 2:47pm EDT - GENEVA (AP) -- Credit Suisse is to strengthen its capital buffers against future financial crises by as much as 15.3 billion Swiss francs ($15.6 billion), Switzerland's second-largest bank announced Wednesday. The capital increase is seen as a direct...
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    Wasendorf's suicide note to his son

    WWF and Streetwalker's reality TV show got nothing on this bloke. Maybe he faked the suicide attempt so he can go into showbiz. Or he can do the Millikin or "Catch me if you can" work for the Treasury, JD, or SEC. Life is stranger than fiction. Maybe all the "Future's John's" can...
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    Taking Provigil while trading..

    Coffee works just fine.... Muscle cramps. A crawling out of your skin feeling. Provigil has a very narrow use profile. May be of use for you while you burn the candle at both ends while learning to trade.....
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    Credit Suisse?

    Will Switzerland Fall Prey to the Troubles of the Eurozone? By Molly McCluskey CSCredit Suiss Neutrality put to the test The country's decision in 2001 not to join the eurozone, when its neighboring countries to all sides were leaping on board, was clearly a good one for the neutral...
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    Credit Suisse?

    Credit Suisse (NYSE:CS) and its Swiss peer UBS A.G. (NYSE:UBS) are said by Morgan Stanley to possibly be liable for penalties amounting to 446 million francs ($454.73 million) and 827 million francs, respectively. However, the former (Credit Suisse) does not believe that it has “any material...
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    Credit Suisse?

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    Credit Suisse?

    What Does the Libor Scandal Mean for Swiss Banks? 02 Jul 2012 EDT - CNBC.com As the Libor fixing scandal embroils the UK banking sector, the question is: which other banks will be slapped with fines? In Switzerland, UBS [ UBS 10.69 +0.10 (+0.94%) ] and Credit Suisse [ CS 17.47 +0.17...
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    Credit Suisse?

    Credit Suisse guides Q2 profit Investor's Business DailyInvestor's Business Daily The European bank giant said it expects a Q2 profit across all divisions when it reports earnings July 26. Credit Suisse (CS) was trying to ease investor worries after an earlier warning on capital levels by...
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    How do you get rid of the "ego"

    I always liked "Trading is like licking honey from a thorny bush." Although a good trader I know morphed it into "Trading SHOULD BE like licking honey from a horny bush." Either way ego is involved so recognize it and use it. The first step is always acceptance so congrats....
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    Long term H & S in Copper

    Copper bounced with every other asset class. Big short squeeze. But it looks like the neck wasn't broken and therefore "hallelujeah" no crash this year. I do not like the phrase "kick the can down the road" but it has had more than enough press to make the point. I am always suspicious...
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    Credit Suisse?

    Bloomberg News Credit SuisseBoard Backs CEO in Feud With Swiss Central Bank By Christine Harper and Liam Vaughan on June 22, 2012 Credit Suisse Group AG (CSGN)’s board threw its support behind Chief Executive Officer Brady Dougan a week after the Swiss National Bank said the company needs...
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    How do you get rid of the "ego"

    The best systems optimize signal to noise. The ego is noise. How do you get rid of it? Just like any other undesired variable unless of course it is helpful. To that end many traders use it as a positive. That is to say if they're fighting the ego during either winning or losing trades it is...
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    Long term H & S in Copper

    Macro: Copper and Oil---two markers of broad economic activity-- have broken lower all the while equities have levitated on the surmised QE/Twist/Monetization/Bail-out(s) by the Global CB's. Granted that is and has been the act at least since the Lehman Debacle and subsequent rout in 08' and...
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    Credit Suisse?

    Parsed The bank may continue to offer owners stock rather than cash as dividends to boost equity is confident the bank can achieve profit targets and will earn enough in coming quarters to boost capital. Credit Suisse has the highest capital ratio among its peers and its liquidity is very...
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    Credit Suisse?

    Statement from CS CEO: Credit Suisse Has No Plans to Sell Shares, CEO Dougan Says By Matthias Wabl - Jun 17, 2012 3:08 AM PT Credit Suisse Group AG (CSGN) has no plans to sell shares, Chief Executive Officer Brady Dougan said after a central bank report called for a “marked...
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    Credit Suisse?

    From Trading alpha today: Credit Suisse Group (CS) is trading around 0.65 times tangible book value. The shares got hammered on Thursday, falling more than 9%, as the Swiss Central Bank told the bank to boost capital. New regulations under Basel III have placed heightened capital adequacy...
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