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Most likely a trading hault (See Russia.)

I remember one of the first big sell offs of the current downtrend. I was long 1000 Q's. Took me .50 to get out. $500 in "slippage". Nobody was buying. No new rules, etc. Now with the shorting rules, there will be a lack of covers to slow sell offs. With no covering, and no buying...

No member of the current or previous admin, and no member of previous or current congress will be held accountable for the current situation. They will find enough blame for everyone but themselves. And even if they were, reps and senators would most likely be re-elected anyway.

I also believe the shorting component of the overall mess is about lack of enforcement on naked shorting and related manipulation. Lack of enforcement is by gov and business, as this article from Mar 07 shows...

Thu low of 17.91 to a high at the open on Fri of 20.22. For Intel, that's quite a move. It did give back quite a bit after the open. I got out of mine as soon as DELL released it's earnings few weeks back.

My lesson learned is to stay inactive while the regulators are reactive.

Here's a little update for you. I got burnt for 7% on long plays yesterday. My scales failed and I got stopped out. If I knew your beloved socialist politicians were going to bail me out, I might have waited another fucking hour and a half. I would have been glad about not taking losses...

Quote from Aaron Copland: This bailout is the most disgusting form of market manipulation I've ever seen. Creating a taxpayer-funded company to take the crap off the balance sheets of banks that willingly assumed such risk is bordering on criminal. They are stealing taxpayer money to help fat...

Oh, you mean the same fucks that made the abuses possible?

How bout just punishing the abusers and getting on with the game? No, that's too fucking easy. Gotta change the game... like that's really going to fix anything. Fix congress...problems solved.

You mean "the new rules"?

I was wondering when you would be making an appearance. Hope you feel that way when your plays are selling off and there are no buyers, or shorts covering to stem the sell off...e.g. see China. I guess our medling gov will have to ban profit taking at that point. If the current laws on...

I am with you on this one. Took a 7% hit today...90 minutes before the big reversal. What can one do? Stops got hit, and rules must be followed. I'll get back in when I'm satisfied the interventions have ended.

And I accept that responsibility, just like I accept the responsibility for all 7 of my stops getting hit today, 1 hour before the big rally. Had I stayed in 1 hour longer, I would have caught the latest government manipulation. I'm out of the game till they are done "tinkering". I'm done...

For the most part, my approach has been pretty simple. S and R, trend, and buy, sell setups. Nothing like having a nice short making money at the close, and waking up to a crushing loss because the fed decides to play the market instead of the economy. When he did it again, I started...

For those of you who were trading 87, early 90's, and post 9/11: I began my trading career at the start of the latest bull run. I was prepared to go into long term shorting when the markets were still in rally mode...because of the sub prime issue looming. Went well until the first short...

I think Cramer said this is not a bottom on his program tonight. Wasn't sure I heard it correctly. I was thinking about scaling out of my longs, but now I'm not so sure. Think I'll give it another day or two after hearing that.

I am running software from both Tradestation and E signal. I noticed on the weekly chart of CVC (Cablevision Sys 'A') the 200 moving avg is at 23.77 on TS, but on E signal it is 27.33. Could anyone running either of these softwares, or both confirm this discrepancy? Thanks in advance.

The only two guys I like are Cashin and Santelli. I will give Radigan credit, though, for the day he got into a pissing contest with Gasparino. I don't remember what it was about, but Gasparino was later on Fast Money, and asked for an apology since he was proven right. Radigan just flatly...

I don't believe he was intentionally showing he was wrong. When it switched back, he was in mid sentence. Maybe someone in the control room wanted to make a point. It was very telling, though.