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FT had a piece about Citadel over the weekend, looks like Citadel employs 12-1 leverage in size (leveraged $12-13B to $166B). Yes I realize that it probably was some kind of carry trade but its not like they are risk exempt.

Looking at the monthly chart there does seem to be a good technical case for starting to buy in here. High volume is usually a good precursor to a bottom and there seems to be some long term support at the 14.50-15 level. The Jan 09 $10 Calls look cheap and you could do some near month call...

The days of giving this administration the benefit of the doubt are long gone. If they knew where OBL was they would have pulled the rabbit out of the hat before the mid terms for the short term political advantage, consequences be dammed. Basically they have no idea.

You may be right, they seem to be doing a lot of things right and demographics are on their side (even if the political climate may not be) but have you seen this article. http://money.cnn.com/magazines/fortune/fortune_archive/2006/10/16/8390284/index.htm

It galls me to no end that those who have been questioning peoples patriotism the last 5 years are the very ones who have failed so miserably at looking out for the troops and the security of the homeland. And have failed to catch the culprit behind 9/11. Hopefully the new guy in 2008 will make...

Do you think that ML or any of the big IB have their all their records stored on their mainframes in NYC? They are stored in more than one geographical location and one of them is probably some server or tape farm in a bunker under some mountain in Nevada or something like that. Obviously a nuke...

Get a clue for goodness sakes. What I do know is that there are several levels of redundancy, both in server farms and in physical format in tape banks. Maybe, and this is a huge maybe they might be able to cause some very minor temporary disruption at some FI's but that is about it. A major...

This has to be one of the stupidest plans they have come up with. The number of levels of redundancy at different locations are such that they could never do any real damage. Why come half way around the world to blow up something inconsequential when all they need to do to really cause some...

May take a couple months longer than that as they have two new handsets coming out early next year that could keep the hype alive for another quarter.

If they are susceptible to being squeezed hard enough on any position that they will need to use this so called hedge then it would seem to suggest that they might be employing strategies that are too aggressive and/or are over leveraged.

How do you buy notes from these guys when you have no idea what is backing them? Will be interesting to see how the market prices them. Looks like an LTCM in the making, a reversion to the mean fund that has found a way to increase leverage.

This was my one of my main buy the dip stocks, should have concentrated on goog instead.

I took a poke at the Jan 25 puts , looks like it beat though is not able to release eps due to option probe inventory up huge and AR up a bit. Still managed to pop AH.

Give the guy a break, he was the very picture of humility and politeness after his successful call. We need more like him on ET.

Because it worked, maybe it was luck, but I like to give the benefit of the doubt.

Yes, I second that. I am having one of my best years ever and up over 1200% but I will put aside what I have learnt over two decades and just follow bluestreak if he will only stay and continue to grace us with his market wisdom. Pretty please :D

Oops, guess not. I'm out.

Time to buy the dip

Few weeks before the elections Barrons did a piece where they stated that there was no way the Dems could take the house and senate. Nice little statistical proof they offered too, something like a 95% certainty that it could not happen. Oops!

You are right, it is the burden of unfunded government liabilities that each American has is $156K including the national debt. http://www.gao.gov/cghome/d07222cg.pdf page 5