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IIRC it's a white-label of I K O N Global. Now why would the word I K O N be censored on this site?

nice call. how do you arrive at thjose levels on spy?

Kim Snider has lost a ton of money for clients over the last few years. My sister lives nearby and got sucked into her managed account bs. She lost 30% or so on covered calls. AVOID.

I am in LV this week and drove by Bright's Harrison Dr. office at 2PM PDT yesterday. The parking lot had only a few cars in it, but I saw DB running to his white Lexus LS460 with a huge duffle bag.

"Additionally, while Treasury hasn't announced when it will start selling the stock, the process will take at least the rest of the year. During that time, the current price ($4.18 per share as of March 29) could fall below the "break-even" price of $3.25 a share. In the last three months alone...

Think of the 10-bagger he's going to make when it reverse splits 10 for 1!

You do realize that they reduce the outstanding shares by the ratio on the reverse-split, right? Who cares if they do a reverse split, it has zero-impact on market cap. JPM, WFC and BAC are all larger in capitalization, and that's just in the US.

That's fine, but it's simulator. Let's see how many can see from the picture why it's simulator. Would you like to bet on it?

That's strategy runner in demo/simulator. Let's see if you can make any dosh with a real-money account.

It's human-nature to accept the condition in which you're presented. The protests will decline in number and attendance over the next few days/weeks. Not to say it won't spread to the other PIGS, but the populous will accept the austerity measures.

http://etfdailynews.com/blog/2010/05/03/new-margin-rule-plays-a-role-in-the-popular-direxion-financial-etfs-faz-fas/

Right, and maybe we should ban PE/hedge funds from losing $8billion in the selling of index puts like Buffett did.

Unfortunately we don't have access to the trading desks of the Fed and Treasury. As when Alan Grayson grilled the guy from the Fed in a Congressional hearing about the Fed's ability to buy/sell equity products in the equity markets. The answer from the Fed was that it was within their power.

she looks like a chipmunk.

I haven't changed my tune, but this testimony is going nowhere. All the mention of "shitty" notwithstanding. To prove fraud they needed to name Paulson. Buy GS now at 153.

I am not arguing for regulation, rather enforcement of fraud statutes. Moody's and others should be up there as well, with Tourre, Birnbaum and Sparks, who is particularly culpable here.

Nah, GS dumped their toxic inventory of rmbs on their clients, reducing their exposure by 8-10B.

This will result in legislation prohibiting a bank to trade for their own account. They will be forced back to the days of Whitehead/Weinberg, when the bank refused to trade its own book to avoid any conflict of interests.

The collective iq of the preceding 3 posters, excluding amtrak: 3.