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  1. M

    What Did Geithner Do Exactly?

    I am long NQ here again (was stopped out this AM for a few more than 8 points from last wednesday) with a stop at BE but as I have mentioned before I am long a large number of OTM puts that are almost green here. I'm looking for a big move out of this pennant or wedge or whatever you want to...
  2. M

    What Did Geithner Do Exactly?

    That's what makes it a market :)
  3. M

    What Did Geithner Do Exactly?

    This is a good area to get long for any late day save/buy program, with a stop below the low.
  4. M

    What Did Geithner Do Exactly?

    Do you have anything to add beyond sarcasm?
  5. M

    What Did Geithner Do Exactly?

    If the PPT is going to give it a go watch out between 2:45-3:45.
  6. M

    What Did Geithner Do Exactly?

    Odds on being down 500 points by the close? 70% Or will the PPT step in to make G look good?
  7. M

    A real solution that can buy us the time we need...

    I view my jobs proposal as keeping the teenager from living on the streets after his mistake in your analogy. The problem is that I can see that those in charge fall somewhere between wanting the teenager on the street where they are vulnerable, or just don't care if the teenager has to live in...
  8. M

    What Did Geithner Do Exactly?

    I think you are right, this is exactly what is in the cards. A 1970s style European socialism.
  9. M

    What Did Geithner Do Exactly?

    They just don't get it. Credit is not flowing for a very good reason, not because there isn't a market for securitized products, but because the securitized products are toxic (which is why there is no market for them). They are toxic because there is a massive default overhang that will hit if...
  10. M

    A real solution that can buy us the time we need...

    These fools in DC think that can still play their silly games while the ship is sinking. Mark my words, they will pass this nonsensical stimulus, it will do little to nothing. They will implement their flawed banking save, it will do little to nothing. In less than a year the loss of jobs will...
  11. M

    Cost of building a house

    An option that I have been looking in to is a custom modular home. No that doesn't mean double wide trailer home :) Check it out, there are many benefits and savings to be had with this method of construction. http://www.zncustombuilding.com/why-modular-housing.php (I am in no way...
  12. M

    Full-time living in an RV and commuting to NYC

    I knew an opera singer who used to drive to most of his east coast and midwestern gigs in his RV, he saved the money that he would have spent living in a motel for 2-3 weeks at a time and enjoyed the people he met and often entertained in RV parks.
  13. M

    Socialised health care in Canada poll

    If we were Canada or the UK and had a very limited budget for healthcare with no massive healthcare infrastrucutre already built out then I agree that some rationing needs to take place, but in a country where 40c of every dollar doesn't even go to providing healthcare I think we can do better...
  14. M

    Death Penalty For Economic Crimes?

    After hearing about how Madoff is feeling cooped up in his lavish penthouse (why is he not in the city jail?) the notion is tempting.
  15. M

    A real solution that can buy us the time we need...

    Thank you for making the point better than I could have, as I said I am no wordsmith.
  16. M

    A real solution that can buy us the time we need...

    The hiring in my area, Boston, would be in healthcare (nurses, techs, secretaries, social workers etc), and IT(programmers systems guys) that I know of. I am sure here would be a lot of hiring that I in areas that I am not familiar with (for example I asked my mechanic this evening if he would...
  17. M

    A real solution that can buy us the time we need...

    For Anaconda: http://www.investorsinsight.com/blogs/john_mauldins_outside_the_box/archive/2009/02/09/where-will-the-growth-come-from.aspx
  18. M

    Save capitalism from the banks - Nassim Taleb

    "It is not the critic (CNBC amongst others) who counts: not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly...
  19. M

    A real solution that can buy us the time we need...

    The analogy with the TARPP holds no water. The funds went down a black hole of worthless markers, they added nothing to the bank's balance sheets, you have to get back to par before you do that and they are still so far under par. I can only go by my own experience and that of fellow business...
  20. M

    A real solution that can buy us the time we need...

    We seem to differ as to the nature of and extent of the current crisis. You are talking about the long term problems that face the US, I am talking about a different animal entirely. Do I have all the answers? No. I am not a policy wonk but a businessman. Nevertheless the plan posted is the...
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