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I think you are right and it is why the directors resigned. They know that CFC is going to get hit by some ugly alegations and lawsuits. Still looking for low 20's in this one.

http://countrywide-foreclosures.blogspot.com/ Just keeps getting worse and Mozillo keeps selling.

Looks like the buying on the good news is being used to unload positions. Looking at GS, BKX, and HGX as indicators of where we are going next. Gold didn't sell off much and is being bought again.

It is hardly likely that people who have the mental fortitude to be skeptical of attractive, comforting, and aggrandizing fairy tales that are simply accepted by the majority of society and are heavily socialized would not also be equally skeptical of loosely held (by the population)...

Being a good person I would like to believe in your fairy tale of heaven. I find absoluetely no evidence to support such a belief. As far as I know when you die that is it so make the most of life.

Took profits on 40% more of NQ position. Holding 40%

Hmm, not much follow through on the reaction to the release of the british, that's not very bullish.

They are free up we go

The best cure for ignorance and intolerance is an open and frank discussion. Fanatics of all stripes need to be given enough rope to hang themselves as they always do with their radical dogma that any rational person would dismiss if they heard it in its entirely. Banning and censoring just...

Maybe to give us unbelievers the surprise of our lives :D

Just think, a small fraction of what we have spent wreaking havoc and destruction in Iraq could have funded this and several other studies at the NIH. Time for us to think like the evolved species that we are. http://abcnews.go.com/Health/CancerPreventionAndTreatment/story?id=2848454&page=1

The estimate is that we know of and are tracking only 5-15% of the rocks that have the potential to hit the earth. In addition to that if it were to come from behind the sun or from the direction of the sun we would have literally a matter of days to possibly weeks notice. Live life to the...

I fantasize about being a college kid on spring break..:D

I'm not sure. Lots of double and triple tops being taken out and seems like a braod based buy in vs few weeks ago when only a few stocks were driving things to new highs. If the Iran standoff resolves and we get a decent employment report nd maybe a few more positive(as in at least going in the...

I'm with you on that one. I use it for my retirement account when I get bearish.

Taking 20% NQ profits and buying a few more EEM puts.

On really bad days like 9/11 and during market crashes the only thing that will save you is cheap far OTM index puts that you always carry as insurance. Even the most liquid vehicles like stock and bond futures can gap down/up as bids disappear and if the market closes then your stop is...

Its not just the size and rate of growth that is daunting but the lack of deoth of recent big players and the levergae employed. This was covered in detail about a month an a half ago, search my posts.

Will we get some follow through tomorrow? The banking index broke its 200 day MA and CFC seems on the verge of break support. I know that i am the right side of this trade but it is like watching paint dry.

Thank goodness they were British and not US soldiers.