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Good one. Ill call it the rubber stamp test for now.

General theme of this week is pullback so yes theres lots of buying on the dips.

Its a pullback, DOW 7500 next stop. Should be choppy this week.

I also look at short etfs and they appear to be moving to normal levels. I hear what you mean, this rally IS overdone, overpumped/overdumped...as usual. Given the complete lack of visibility. VIX hedging as a result of no confidence? I have lost all confidence in the markets these last couple...

Watch the spx. what was support? (now was resistance) 820ish previous resistance was 870. 3 times it broke down at 870 FEb ( 6,9,10) and went lower. Bottomed at 666. Hows that for some satanic numerology? If spx can break through 870 next week then its on towards 916/917.

Despite all the rage over AIG bonus payouts, I could understand his logic if he would only better explain exactly why these certain employees are key to the company i.e. to the US taxpayers. I understand the logic of these bonus payouts for the fp division. It's like a big carrot hanging over...

Cox was a willing participant for all we know, he was worthless either way you look at him and so is the SEC. At least now they have someone with a brain or who isn't bought out by some groups who love to short the market to death.

I don't blame them. This whole mess started with the mark to market accounting rule enforced on mortgage backed cp. If that rule was not enforced, this major global recession/depression would not have occured the way it did. I am not saying it's right but really, which bunch of scum bags decided...

Again, I am not surprised by any of this. There will be more of these Madoff's that turn up eventually. Surprised that there aren't more like this outside of America. I would be worried about the Euro block. They seem to be very slow reacting to this global recessio.

He's a smart crook who played both sides of the fence. If he donated money to McCain's camp then you can bet he was donating money to the Bush camp during his presidency. Once again the SEC looks like a complete joke, not that they have any credibility left.

Agreed, and agree with other comments on wiping these banks clean. They are so screwed up though with so many interrelationships I wonder how something like that would actually be implemented. Anyway that would of been the right way to go. This throwing tax dollars and a never ending black hole...

Theres a Baldwin on the list as well.

Actually there were a number of people that saw this episode coming from a mile away more than 2 years ago. They were on internet forums and chat rooms like this, laying out their case as to why things weren't adding up and that some sort of bad financial catasrophe was likely just around the...

Posted on Drudge. But heres the link Court Document Reveals Names Of Madoff Clients 162-Page List Of Big Money Names http://wcbstv.com/breakingnewsalerts/bernard.madoff.clients.2.927371.html Reads like a who's who list. Some interesting names in there.

And 10% of the people I know already lost their job recently and I am already hearing of more lay offs coming.....so that guys expert opinion can be tossed out the window because that number will be changing again soon.

There will be a time to buy GE if u want to go long but I don't think it's now. Something has to give, either the dividend or the rating. The longer they wait the more the stock will bleed over time, not that it hasn't done a lot of that already. Think something in the corporate culture there...

Can they downgrade it from AAA to triple EYYY? :D

Another et tard. Next time before having a rush limbaugh coming out party just use the phrase "political whore" in your thread title. It would save us some time.

So when does the SEC get restructured? Oh wait...it doesn't. Congress is too busy washing its hands of dirty senators from ILLinois before the next election. Chris Cox must think hes doing a bang up job.