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    'Tent Cities': Nashville. Olympia, St. Petersburg, Fresno, Seattle, Sacramento & More

    Daniel Kent, a clean-shaven 27-year-old from Oregon, has been living in Taco Flats for three months after running out of money on a planned hitchhiking trip to Florida. He did manage to earn $35 a day holding up a going-out-of-business sign for Mervyn’s until the department store actually went...
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    More women needing cash go from jobless to topless

    I'd rather be with a non gold-digging man, than with a gold-digging women:) i want to keep all my money.
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    Cannabis Business?

    The black market sometimes rivals the white markets in the USA. Drugs are that good.
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    Has anyone lost their edge/system b/c too many people knew?

    It should depend on the simplicity of your edge whether it can be diminished. If your edge is simply put, trend-following, it will never disappear. Likewise with countertrend trading. Trend and countertrends will always exists. Also support and resistance will always work, because it is so...
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    POLL: Do you think ET members' median IQ is higher or lower than it was 5 years ago?

    IQ has risen, but EQ has fallen. You wouldn't want to know the huge number of successfull trolls that now roam the countryside:eek:
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    From CEO to pizza delivery driver

    The biggest mistake he made: start an own business with only 500k in savings, while living a 500k a year expenses lifestyle. You either have a whole lot more savings, above 1 million, or you live on 40k a year while starting up your business. He should have been more realistic.
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    Comssion Rate for Emini futures?

    negotiate with your current broker to get RT<$4 if you truly trade 50 contracts they wont want to lose you. Right now they pocket around $4+ a contract or $200+ everytime you trade 50 contracts, but at <$4 They will pocket only 50$+ per 50 contracts, that $150 goes straight into your pocket...
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    I will explain why V shapped bottom regarding the indexes

    if x=t why are you using both in the same function? If you don't simplify your energy function alot of people will be turned off by the apparent complexity. It should read P(t)dt and V(t)dt. Also since your function describes the distribution of energy in the stock market, wouldn't it be logical...
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    Gordon Brown calls for "Global New Deal"

    Unfortunately, Bush, with his government expanding policies, fell right into the trap of making government even more inefficient:(
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    VIDEO - What Happened to Bear Stearns

    You don't get it do you. The way that banks operate, they are ALWAYS (over)leveraged. Even triple A banks are leveraged, always. If a rumor is banks are undercapitalised comparatively to other banks, people withdraw their money, causing a SELF-FULFILLING prophecy. You say it yourself, they...
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    VIDEO - What Happened to Bear Stearns

    It can. Trust me. That said, there is not a single bank with transparant business model or sound business practices, get it? If the balance sheet of ANY bank would be transparant, the bank would fail. Why do you think we have the FDIC? That is why naked shorting caused the global...
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    Naked Short Sales Hint Fraud in Bringing Down Lehman

    Definately true. Naked short selling caused the global financial crisis
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    VIDEO - What Happened to Bear Stearns

    No, that does not make it OK. But financial instutions are much more important then regular companies, because they lend money to regular companies Could, not couldn't No, to find external funding. Whether that is beneficial to society in the end (that the company provides a service)...
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    VIDEO - What Happened to Bear Stearns

    you would need a definition of financially sound and stable. IMO, not a single bank is financially sound and stable due to the necessity of existence of FDIC. Therefore, naked short selling of bank stocks is criminal, unlike normal short selling. I agree that normal short selling could delay the...
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    VIDEO - What Happened to Bear Stearns

    I think you are having a fit of stupidity yourself If you want reality, reality is every bank in the world is insolvent. Every bank has less capital then obligations to account holders. If not, then we didn't need the FDIC. Naked short selling will definately expose the insolvency of every...
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    VIDEO - What Happened to Bear Stearns

    banks shouldnt be on the stock market for they are not completely private companies because of the FDIC guarantees. banks can be brought down easy by hedge funds, they can naked short sell but that's not the most important. Hedge funds have their cash stored at banks, if they have alot...
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    The Current Crisis - Wall St or Political

    Bush/the Republicans caused it:cool:
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    Morgan Stanley Says S&P 500 to Drop 25%, Cuts Outlook

    Looks like we just got a long signal from the analyst if they say it goes to 560 it will never happen :D Also CITI and BAC are making profit again, fair value SPX will be 1000 by the end of the year instead of calculated 750. :cool:
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    Cheapest futures broker

    I doubt this is all the fees, MF must have alot hidden charges exchange fees that CME charges to brokers are already $2+ a contract
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