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Smells like more Enron is on the way.

Agree with you 100% on that statement. Whenever one country goes to war with another what is the key to bringing the other to it's knees? Completely destroying it's industrial complex right? What is slowly but surely happening to the US financial system and industrial complex?

The Autobahn was designed by Hitler for the war and coincidentally Eisenhower did the same post war. Anyway if what your saying is that economic slowdown always occurs at the end of wars because of the knockoff effects, then monetary inflation should come down resulting in gold having a major...

Everyone expects armageddon from the financials tomorrow. If it turns out not to be as bad as they make it then we could expect a continued rally.

Didn't Jessee Livermore also kill himself in the end? Golftrader, I admire you for what you were able to accomplish. If it is no longer fun then just quit. Maybe commit x amount of cash for FUN and put the rest into something secure where you can't touch it. You already did very well. Think...

It is a sad fact of life. As the old adage goes, it's not what you know but who you know. I won't ever do well in the corporate world because I tend to have a dislike for authority figures. More often than not I get into conflict with a boss. Ironically I have studied politics.

I agree, gold is starting to scare me. I was a big gold bug for the last few years but now the "taxi driver" effect is starting to take place as you noted. Apparently Dennis Gartman also sold most of his gold positions. Does gold shoot straight up to $2000 or does it become yet another bubble...

Unless your Microsoft and your only strategy is to overpay for everything.

True, most likely just a 25 since they are badly cornered with inflation hence the stagflation going on. Problem is that everyone knows its a bear market now and wants to either A) stay on the side and wait for a clear signal or B) short the crap out of anything and everything So a 25 cut...

Interesting how all the bears are ignoring this news. Merrill is doing the right thing.They are being transparent unlike some others out there by saying all their lvl3 garbage is worth 0 until it can be revalued properly. When we see more of this we will know that the worst parts of this crisis...

Well everyone and their grandma wants to short the market so it must be time to go long. These polls are useless, unless you use them as contrarion indicators.:D

Only reason to go long at this moment is a "uhoh hotdog" 50 cut by the FED. I would lmao at all the shorts taking a crap even if for just a few days. http://www.youtube.com/watch?v=y_gfKTmffkg

Maybe they meant -14,500 :D

No reason to buy anymore. Everyone knows the recession is here and besides how can retail suckers blow money on stocks when their houses are worth 30% less than a few months ago?

...or maybe AT&T decided that trading on news is more profitable. :D

I firmly believe at this point that the economy is in full recession mode. There's a reason that consumer staples will do better than the market in the coming months and theres a reason yields are as low as they are. The big government keeps spending like a teen gone wild on spring break and the...

Wow, how many brain cells did it take for you to come up with that. This thread is about people that sway the market when they speak needing to STFU, not about your ego. Get a life loser.

A dose of Greenspeak is like a glass of extra strong prune juice followed by cronic market diarrhea. :mad:

CNBC is sick and leisure suit Larry is the worst, even worse than Cramer. CNBC should have a legal disclamer running along the bottom tape that reads "CNBC hosts are solely paid to entertain and are not to be considered professional financial consultants. If fealings of discomfort...

Problem is when inflation is already a much bigger problem for the average middle class American who now has to depend on alternative streams of income such as the value of their homes, e-bay, and stock trading, the FED saying their worried about inflation doesn't matter to the average joe six...