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    Im up a ton today. LOVE these down days. Thanks for all the liquidity longs

    Can't we call it a Halloween rally, at least? I mean, I know Christmas starts a little earlier every year, but still...
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    Im up a ton today. LOVE these down days. Thanks for all the liquidity longs

    OK then. Anyways, today was just a massive shake 'n bake. Weak longs'll get killed. Shorts are being lined up against the wall, and the machine guns are gettin' loaded and oiled, ready to mow 'em down like so much wheat at harvest time. Every model I run, from short term models to ones that...
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    Will Ben cut 25 or 50 bp on Halloween?

    25 at minimum. At work on the afternoon he cut 50, I wandered into the office of an Indian co-worker of mine. I said, "Wow. He did 50." He said "Stupid thing to do." I was taken aback, figuring after all, that this guy was printing bucks on his longs at that hour. But I figured it out that...
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    NYX bottomed on friday

    Whee! Tomorrow should be a nice day in this one. I waited, got in after the little pullback we had here. Figured it was going to be the best chance I was ever going to get. Looks like I was right.
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    IMF says USD OVERVALUED

    Wait a minute - I thought I was the only one cheering the FOMC for what they've done so far. Anyway, your last line about how other countries are in even crazier situations than the US, is why gold will rise against all currencies over the next 5 to 10 years, IMO. That's my long-term strategy.
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    Bear Stearns' Bad Bet

    Came from the bond sales dept, this guy, according to that article. So you're right, marketing was this guy's strength. His investors got what they paid for, in terms of investment skill.
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    When The Debt Hits The Fan

    Exports are now growing very fast, as the effect of the sinking dollar finally takes hold. That's what will replace the consumer. That means China has to allow for more internal growth, which would naturally pull in more imports, however, and get less from exports and piling up the reserves...
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    oil up over 85-gold up 10 bucks today

    Actually, you're right. That's definitely a part of it. This credit crunch is far from over.
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    oil up over 85-gold up 10 bucks today

    Look, gold is my biggest position. However, today's move is due to the Turkish situation. That's true in both gold and oil. The move is always fundamental, however, geopolitics very frequently provides a nice little kicker.
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    oil up over 85-gold up 10 bucks today

    Crack open a newspaper. It's because Turkey is threatening to attack northern Iraq to squelch some Kurdish cross-border attacks. Meantime, in a stunning display of their soaring intellect, the Dems are pushing ahead with a bill to declare the Armenian massacres of WWI by Ottoman Turkey a...
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    Do You Think A Crash Is Coming?

    Voted with the currently existing majority (bit bearish). Hmm. Anyway, points in favor are that this move is extended, and that there's all kinds of potholes out there next week. I wouldn't look for more than 5% to the downside, though.
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    Boycott CNBC next Monday and support FBN?

    Yeesh. I had to stop watching their Sat morning stuff, it got so moronic and politicized. The whole point of investing is to be objective. I can't imagine Fox even making the attempt. Succeeding in the kind of ruthless objectivity you need to survive the markets is way beyond their mental...
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    China Economy

    An expected honor from a closed mind.
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    Fed cut 0.25% or hold interest rates?

    Nah, they wait. Market's already adjusted to that. Economic good news on Friday was taken in stride, whereas a couple of weeks ago, there would probably have been a selloff because it would have indicated that the Fed would stay on hold. If the statement goes back to an Aug 7 style statement...
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    China Economy

    No Prez, especially not a Dem one, would be able to survive Taiwan's forcible takeover by China. And as of now, between Taiwan's own defense forces and our own, we can still stop them from succeeding in a military attempt. However, a political absorption would go over peacefully.
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    China Economy

    Read it again, slowly this time. The idea that Japan is the second largest economy is pure, unadulterated bullshit. China surpassed them a while ago. In PPP terms, they're gaining on us rapidly.
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    China Economy

    I see this one's flushing out the usual anti-Americans. The idea that the US would stand idly by while China absorbs Taiwan is just completely, utterly, absolutely fantastical. As for us suffering if China let the yuan float, yes in the short term. In the long term, no way. The US didn't...
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    41 million Americans can't make ends meet

    Really? I see folks with high-speed Internet connections, cable, flat-screen TV's connected to their cable, cell phones, Ipods, laptops, and the aforementioned SUV's. If US domestic inflation were really more than 2-3% per year, you wouldn't see people able to afford all those additional...
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    China Economy

    Bryan was a scummy little bastard, of the variety of politician who uses code to get his message across. The people of the time knew to what he was referring in those last couple of lines of his speech. To wit: The currency issue itself was loaded with anti-Semitism as the Populist returned...
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    Software for standard Deviation

    Very true. It's a useful tool, but also a very dangerous one. You absolutely have to know what you're doing.
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