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  1. M

    Wall Streets Infamous Gossip Site is Loaded With Ghouls

    Oh, nice article Surf :cool:
  2. M

    Marc Faber, Dollar Will Eventually Go to Value of Zero, Oct 26, 2009

    I call it sensationalist marketing. He has a product to sell (newsletter and appearances) and he needs headlines.
  3. M

    Fake GDP Growth

    So the US stimulus generated GDP growth is FAKE and the China stimulus generated GDP growth is REAL. Schiff at his best.
  4. M

    Marc Faber, Dollar Will Eventually Go to Value of Zero, Oct 26, 2009

    1. When talking about exchange rates (and that is what he's doing) then one currency imploding vis-a-vis another exchange rate automatically means the other currencies are going to the moon. Without further clarification it would mean the EUR/GBP/JPY will go parabolic (vs. the USD). Like Cutten...
  5. M

    German Oct. jobless numbers fall 26,000

    I am German. You guys are oblivious to the brain-drain (and I am humbly not including myself here) Germany has suffered in the last 20 years.
  6. M

    A Glimpse at Predatory Prop Trading at Work

    It not a rocket science to use Algos to work orders in smaller market cap stocks. For example: http://www.interactivebrokers.com/en/trading/orders/arrivalprice.php?ib_entity=llc I run all my stock orders through the IB algos now and my slippage (especially on the illiquid small caps) is...
  7. M

    German Oct. jobless numbers fall 26,000

    1. The deficit is getting bigger because politicians can't find any consensus to cut spending, it will be 6% in 2010. An appalling performance considering Germany had no housing bubble no a major private banking crisis. Cutting social programs is a huge taboo in Germany and they're shying away...
  8. M

    German Oct. jobless numbers fall 26,000

    Sure: http://www.focus.de/politik/deutschland/auslaender-zuwanderung-nach-deutschland-konstant_aid_419792.html
  9. M

    German Oct. jobless numbers fall 26,000

    Germany has a solidly positive net migration number. If allowed to stay, they are all eligible for social security. In 2008, 680k foreigners moved to Germany. At the same time, 175k Germans left Germany in 2008.
  10. M

    German Oct. jobless numbers fall 26,000

    Exactly. In the states you're dumped on the streets after 12 months, in Germany the government takes care of its sheep from the crib all the way to the casket. The perverse manifestation of the German social system is the fact that a Family with 4 children with two unemployed parents on...
  11. M

    German Oct. jobless numbers fall 26,000

    Germany has a deep history in government created jobs. Auto Bahn Mass-Employment :cool:
  12. M

    German Oct. jobless numbers fall 26,000

    It's called "Kurzarbeit" and other government subsidies :cool:
  13. M

    Paul Tudor Jones sees boom and going for gold

    Try taking the other side against those turkeys on all those "technical strength" trades. You will see how far you get.
  14. M

    Ratigan nails how "dark pools" rip off traders: Dark pool trading = 10% of volume

    Enough is enough, is this guy an idiot? It appears they are trying to find a new smoking gun on Blankfein's desk every day now. "Dumping on unsuspecting mom and pop investors"? Please, that is pathetic! It's not like the shares are created out of thin air. Shares have been bought and sold...
  15. M

    Marc Faber, Dollar Will Eventually Go to Value of Zero, Oct 26, 2009

    Spot on. The entire "Oil exporters will ditch the USD as trade currency" debate is moot.
  16. M

    WTI Ftrs 58% returns in Sept?

    They mean year to date, till Sept 30.
  17. M

    Global High Wealth Industry Group Created: New IRS Unit Will Target The Very Wealthy

    G7 tax payers AND tax dodgers are going to bleed like crazy. I can't wait until top marginal tax rates are pushed to 60, 70, 75%. Anybody with an income or assets in US, UK, Frannce, Germany and the rest of the Euro zone is going to get milked. The bloodshed is likely going to last an...
  18. M

    Livermore, Tudor Jones and Cohen

    Tudor Jones gave away a pearl of wisdom, on the sheet of paper in the back:
  19. M

    Marc Faber, Dollar Will Eventually Go to Value of Zero, Oct 26, 2009

    Right and stocks ALWAYS go up eventually.
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