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You think that highly of him but you don't even know how to spell his name? :confused:

Oh? Just too lazy to use it then?

Someone running naked through the streets gets my attention too but I wouldn't listen to anything they have to say. A worthless comment that could never be refuted because (a) you don't define "a lot" and (b) no one knows what "most people" realize (including you) Your original post with its...

Market seems to disagree with the Oracle, based on pre-market trading.

Do you realize what a pompus ass you sound like? Bullshit. "can be replaced immediately" means there is a machine that can do the job available right now and at a financially viable price. No way - not even close. Uh, you can read, right? Your quote says "in the years ahead", yet you stated...

Great trades guys.

I wonder if a long FNM/short FRE trade has any merit, on the presumption that FNM is the stronger of the two.

Fundamentals aside, you know that scalpers are having a field day with these stocks....tons of volumes and huge intraday moves on a percentage basis.

BSC? :confused:

I disagree. Shorting from $1 to $0 produces the same profit as $30 to 0 but the risk of an sudden and large move against you is much worse when you short at $1 (e.g. a sudden move to $3) vs when you short from $30 (a sudden move to $90 is not likely) The absolute numbers do matter...

Yea, it would seem that at these price levels shorts have a lot more to lose than longs. It wouldn't take much to cause a spike up (albeit temporary)....a carefully worded PR or perhaps even a rumor. Edit: Both stocks down another 15% already this morning...amazing.

Another point of view: http://www.clusterstock.com/2008/8/fannie-fnm-freddie-fre-countdown-to-zero

I agree with this analysis. The gov't cannot afford to let FNM/FRE to completely fail because of the additional economic damage it will cause but if they pull the plug before they get to that point then they can't give the shareholders nothing since the shareholders will rightly claim that the...

Your link got chopped: http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=190245356795

So how are those long FNM/FRE positions working out for ya?

Use integers. If you want 4 decimal places then multiple everything by 10^4 Make sure the data type you use can handle the maximum value you will see with the scaling you've selected.

Yes, very painful day today.. Another great call - that's three in a row superstar.

Oh, so this is what a "a gap up and run day" looks like, eh? Great call

In this one case the bank paid for quite a bit at closing: The bank had to pay $10k to "sell" the house. I'd like to see what that does to their balance sheet if they mark to market the rest of the foreclosed homes they haven't yet sold.

Perhaps you missed this follow-up post: "I can't physically damage the drive as I am returning it to a vendor."