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    Any one catch this today, Fed says no rate cut comming

    They shouldn't have cut on Sept 18th or Oct 31 either. They should have let the invisible hand of the market work things out. ...then again Merrill, Citi, Bear etc are terrified of a TRUE free market.
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    Greenspan `Made a Mess' and U.S. Risks Recession, Stiglitz Says

    The US needs a recession, however this is politically catastrophic. In Australia in the early 90's the then government 'engineered' a recession which in the LONG TERM allowed Australia to prosper economically.
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    Northern Rock boss sold £2.6m of shares while urging employees to keep buying

    Good article! but we have seen this all before around here..... I know you fellas in the USA might be shocked to learn the English (brits) behave in such ways, but we in Australia are VERY familiar with such behaviour from the English (brits). They think that their 'plum in mouth'...
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    CDO's and Total Write Offs

    Thanks for the post. Good article.
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    Rate Cut is not the solution.. Market needs this..

    Well that's right. Not exactly rocket science is it? Giving the crack addict more crack IS going to make him happy for a while, but will NOT cure his disease ridden body. BUY S&P puts and proshares.:D
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    Northern Rock Memo Emerges

    You know, Brits constantly get involved in scandals. They pretend they are as pure as the driven snow but deep down they are financially filthy...as filthy as any Russian.
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    Bye Bye AAPL, GOOG ,BIDU

    I wholeheartedly agree.
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    When the Euro was weak, europeans blamed the USA, now that it is strong, the same...

    I wouldn't pay much attention to those pink shirt and yellow tie wearing, tri-lingual, bisexual, sheep milk cheese eating mummy's boys. I'm an Australian of European background and even I hate Europeans!
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    Green Monday!

    Monday will be a 300 point dump on thin trade IMHO
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    New Year Fast Approaching: Bernanke = 2007 Jackass of the Year

    It's clear that looking at the numbers the Fed shouldn't have done anything on Sept the 18th. Employment is still chugging along nicely and the GDP is very healthy. The people who were hurting DESERVED to be hurt including the Wall St Financial houses. The Market would have been FORCED to...
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    Wachovia to Raise Allowance for Loan Losses in Fourth Quarter

    This will be the trigger for a week of a 500 plus point down move on the DJIA. :D
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    oil prices out of control

    Yes. Thank YOUR republicans for running up a deficit, spending big on needless, stupid wars etc. It is indeed strange that the American public voted him in TWICE! Once was a retarded occurance, but TWICE???? ROFLMFAO ....so goes your dollar!!! Why don't you americans stop voting for...
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    “A miracle is needed to avoid recession”

    It was only 5 or six years ago our Australian dollar was buying 50-60 US cents now its 93, almost parity. Our exporters over that period have been making money, in the last 6 years our index has doubled! The Japanese know the value of a "weak" currency and they manipulate the shit out of...
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    “A miracle is needed to avoid recession”

    Ah you patriots amuse me. Where is the confidence in your own economy? US equities present excellent LONG TERM value. I never heard of a recession when GDP in the last two quarters is just shy of 4%. You Americans are glass half empty types aren't you? Maybe you need to divorce your...
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    Fed will announce what at 2:15pm Wed?

    They should do nothing. But they will probably listen to the cheap money addicts and bad gamblers with their lame excuses (i.e. housing blah blah)
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    How will one rate cut help here?

    ..that's why most traders lose money! I trade with only 5% of my portfolio..sometimes I win, sometimes I lose. It's recreation, not serious investing.
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    10 years for a blowjob

    I never bought that 'Land of the Free' bullshit. Is it so hard to understand why so many people would NEVER want to travel to the USA? (I can smell a 'patriot' is now going to bleat about how great the USA is...)*yawn
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    Tired Market. Look Out Below!!

    I think the market is in for a tremendous whalloping. The Fed rate cut delayed the inevitable and that is a 15%- 20% fall. Since September the 18th it has quite obviously been the proverbial 'suckers rally'.
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    Paulson hits back at ‘superfund’ critics

    Your two posts are precise and correct.
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    Basis Yield Files Bankruptcy Over Subprime Defaults !

    You think this is bad? Check out the 'Ponzi Scheme called Macquarie Bank Ltd. I agree with Jim Chanos MBL:AX IS indeed a very good short opportunity.
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