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Mortgage rates have gone up over the last week by almost 0.5%. What was the point of the FED cutting rates? How many times has the FED cut rates yet the mortgate rates are still around 6% and do not decline.

Wipe clean ALL CREDIT CARD debt of all Americans. I think that would ONLY BE FAIR. Either that, or pass universal health care. There can be no more opposition to universal health care after the garbage that happened this week.

You went from $125K to $95K to $155K in a matter of four days? I don't think you are in control of your trading at all. It's great you made it out positive for the week, but you really want be on the verge of losing 30% of your account in a week? or worse? I know you won't listen anyway so...

Neke, slow down man. You are trying to make money TOO fast. You DEFINITELY should not have swings like that from week to week trading with $100K. I would rather make 100 trades netting me $100K total than one gamble trade making me $100K. Slow and steady is the way to go. Don't listen to anyone...

Yea that Senator from Kentucky (or was it kansas) was awesome. He should have added that if the American people were not so stupid and ignorant and actually knew what the FED was doing, lots of people would be taken out and hung including the chairman. Really a shame how economics is not a...

Neke, I trade point losers/gainers almost exclusively. With a big loser like ODP I would always wait close to 10 AM. compare what it does to the market to see if it is strong or not. If I see it trending higher while market selling off, thats a golden op. At least this way if you waited longer...

Oil companies/producers absolutely love this. How many times you hear about 150K barrel/day disruption. Now calculate how much money that is a day. Now ask yourself why entire armies are not paid to defend the pipelines. With that kind of money you could easily have an army defend your...

I saw a show on science channel about how people deal with various stituations, blah blah. In one part of the show they had a guy offer people $50 outright. THey could just walk away with that money, or they could bet it and have the chance of making another $50 for total of $100. In a second...

So you are saying that this is a bad idea, because people will just break the law and do it anyway? That sounds a great reason not to do it, OR you could actually enforce the law. But as an alternative I agree with oil companies drilling in ANWR too. I made that point earlier, oil companies...

How is benefiting by hiring Americans and paying lower taxes at the same time a BAD IDEA?? If you are an American, you should be ashamed of yourself, really. YOu gotta be kidding me. Taxes will stay the same for corps that outsource. Lowering taxes would be a BENEFIT and BRING JOBS to...

The oil drilled by U.S. will not be sold on the world market for $135/barrel. Does that answer your question? I agree with you though that they will lack the expertise, that is a problem. Three years ago oil was $20/barrel and yet oil companies were drilling and making money. How can this be??

If you mean a conservative like Bush and the Repubs in the last 8 years, then you are definitely correct, I am not conservative. I guess definition of conservative has changed. Now, a conservative is someone who borrows money for everything and expects your children to pay for it. However...

I love how no one actually reads most of the messages and just responds with "this is socialism!" or "crappy free market is better than gov. control" READ THE DAMN MESSAGES. I did not say gov. would CONTROL oil or the price of oil! Price of oil for world market will still be determined by...

No, U.S. would NOT be subsidizing anything since you (and everyone else) would NOT be paying more taxes for this.

WEll, this was my initial point, why drill in alaska, when #1: oil companies will take that oil and sell it for $137 instead of $138 on the world maket. #2. you would be destroying national wildlife #3. benefit you would get would be couple cents a gallon, maybe Would there actually...

Well, we know how much it costs to drill right? and we know how much oil companies use to sell oil for right? There you go, that is your fair price. You're jumping to conclusions I think as most here are. I am not saying U.S. should determine world oil prices. That can stay the same as it is...

Don't you think protecting national interests by drilling, is better than starting wars?

Every heard of refining oil to gasoline? Then when you drive to fill up, it won't be $4/gallon. I know that is not what you want though. This would be a bad idea, I know, because no one would be making tons of money.

How is what I am saying socialism exactly? The U.S. would NOT be taking land away from oil companies llike in Venezuela! Maybe you didn't know this, but Venezuela actually took land from oil companies. That would be socialism. Newsflash, if the land belongs to the U.S. then the resources on...

If this is the case, then the oil companies lied in those senate hearings, and they do determine price of oil right?