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  1. 4

    The future of GM

    I like it. It looks like it's using Segway technology with safety wheels in the front and rear. If only battery technology progressed to a point where its useful range is more than 10-15 miles, it might actually catch on. On board sensors could control acceleration if an obstacle is detected...
  2. 4

    Explanation For Closing Spike on Friday

    Well the fuss is all about the surge at the end. And maybe you're on to something with the 72% up day theory, but I'm not even sure if it's statistically significant. If I flip heads 20 out of 29 times, it doesn't necessarily mean I'm really good at flipping heads. The sample size is too...
  3. 4

    Explanation For Closing Spike on Friday

    It's not helpful without 1M charts. I have a hard time believing the market has moved 1.3% in the final 25 minutes of the last trading day in May 72% of the time since 1984. I'm not trying to be too harsh here, but I'm going to go out on a limb and say it's utter bullshit.
  4. 4

    Kass' take on perma bears

    Negative Nancy and Downer Debbie will be along shortly to explain to you why the world is ending, since obviously you haven't been paying attention.
  5. 4

    'Run on UK' sees foreign investors pull $1 trillion out of the City

    Sounds like everyone needs to max out their credit limits and short everything British.
  6. 4

    Jeff Macke has officially lost his marbles

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  7. 4

    Estimate: Japan FY09 Passenger Car Output To Revert To 1979 Level

    If the numbers are accurate and Japanese auto production is really back to '79 levels, then I would expect the bad news out of Japan to slow and bottom very soon. I mean, how much further is it going to go? Back to '49 levels? This is why overly pessimistic shorts eventually get crushed. They...
  8. 4

    Anyone here bought a motorcycle lately?

    Try not to take this the wrong way. You're an anonymous poster on a public bulletin board (for all I know you could have stared death in its face and taken bullets for your country or you could be some pencil neck paper pusher), but to me it sounds like you should have been born with a vagina...
  9. 4

    Billionaires' secret meeting

    They keep the 13-year old Thai hookers in the back, out of site.
  10. 4

    bac after hrs

    GS said buy BAC a couple days ago, so they're probably dumping their stock right about now.
  11. 4

    Hampton Homes Decline Most Since Records Kept; Cali Home Prices Fall 36%

    Here is one bear's opinion on ARMs reset (I get the impression it about kills him to say anything positive about anything, especially the housing market): "...Across the board, those in 3-Year ARMs with principal and interest payments will likely see their total mortgage payment drop...the...
  12. 4

    Hampton Homes Decline Most Since Records Kept; Cali Home Prices Fall 36%

    Maybe. The housing market could always overshoot with heavy downward momentum or maybe we're at or near a bottom. I think this graph is a little biased since the creator used '97 as a reference point, which just so happens to be the lowest price/rent ratio in the last 22 years (or more). If...
  13. 4

    It's A Sham, The Banks Are Insolvent

    I can't argue the importance of jobs, but stagflation is high unemployment coupled with lowered buying power and almost no wage increase for those lucky enough to have a job (fueling an economic death spiral). It doesn't get much worse in a modern economic system. I give it #1. Deflation...
  14. 4

    Biil Seidman dies

    It's amazing how some guys just keep working all the way until the end. I hope he went out with a bang—in a hotel with 3 escorts, a bottle of Viagra and an ounce of coke. A provision in his will stating he wants to be put in his casket face down so everyone can kiss his ass at the viewing...
  15. 4

    The Markets Favorite Trick

    Sure it's business as usual but you make it sound risk free. Remember these sharks will eat anything, even each other. If another player with bigger pockets gets wind of your position, they are more than happy to rip the shirt off your back and then kick your ass because it didn't fit right.
  16. 4

    Ratigan Quits CNBC?

    I watched it live too. Other than his normal obnoxious fast paced yelling, he didn't come across as going ape shit to me. What I took from it was he didn't want the show used to push political agendas, left or right. Maybe he's a bleeding heart liberal or right wing fanatic, but I never felt...
  17. 4

    Poof. Another 180k - 200k Jobs Will Dissapear w/Folding of Auto Dealerships Very Soon

    Stronger dealerships will absorb many of those lost jobs, just like Ford and the imports would absorb GM and Chrysler customers, and therefore absorb ex-GM and ex-Chrysler employees, if either company liquidated. Obviously it's not a 1:1 ratio but the numbers posted are negatively skewed and do...
  18. 4

    Goldman Sachs’s $100 Million Trading Days Hit Record

    They probably are the smartest—probably work the hardest, too. But that's what separates the very best from the very good: smarts (talent), hard work and cheating. Just ask A-Fraud.
  19. 4

    Jeff Macke: Moron?

    Yes. First Ass-Clown says GS teaches their employees to go into public service and "give back" and they are the only ones willing to do it. And then, instead of calling him out on that bullshit comment, Guy said, speaking of public service, what you do ass-clown, I mean Cramer, is a public...
  20. 4

    CA Governor Schwarzenegger Looks to Illegal Drugs for Tax Revenue

    Undisputed? Really? Why not criminalize obesity and fast food? Save billions and billions with health care costs that way. Even though I don't care for the drug's effects, legalization sounds like a good idea to me, but I don't know how the state plans to bypass federal law. The last time...
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