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  1. M

    MUST...SELL...MORE...WATCHES...

    Received a few free issues, waste of trees for anyone outside the sophmoric New York wannabee set.
  2. M

    Is Wall Street run by crooks and liars?

    They are all whores for the most part, willing to do whatever if the price is right. Actually they put hookers in a relatively positive ethical light by comparison.
  3. M

    Is Wall Street run by crooks and liars?

    Evidently it is, the evidence is there for all to see and likely only half of it has come out, if that much. More to the point is why more people are not calling for the government to insist on the firing of the top 5-30% of managemnt in these companies. Replacement of the BofDs. Draconian...
  4. M

    Could Today Be the Day for a Selling Climax?

    Maybe because those buying are doing so based on the knowledge that the next few months will be replete with all sorts of hail mary saves for the banks and anyone else with their hand out. Listen to what Geithner is saying, they are going to pull this thing up by its bootstraps, and use a crane...
  5. M

    Today - Jan 21 2009 is a significant bottom

    I agree with those seeing higher prices in the next few months, was stopped out Tuesday and reentered today and have made up almost half my losses already. I expect a few set backs along the way as various entities seek to keep the pressure on congress and the new administration to get them some...
  6. M

    DXO/DTO Traders out there?

    There is the USD/GDP currency component to DXO if I am not mistaken and this is what usually accounts for the deviation from USO/CL.
  7. M

    Time for Mild Financial Bounce Back??

    FAS is a great way to play it if it plays out that way, hell of a drubbing today though.
  8. M

    Investment bankers=theives

    Claw back their bonus money (if we can do it to Madoff clients we can do it to these guys too) and fire anyone in the top tier of the banks that are taking tax payer money.
  9. M

    7449.38 Will it break?

    Just don't get caught http://www.bloomberg.com/apps/news?pid=20601109&sid=aTv4IsA.Y7t8&refer=home I endured some pain today and was stopped out of longs but remain convinced that a bottom that will hold for a while and spark a significant bear market rallly is close at hand.
  10. M

    Trader P/L 2009

    Horrible day, stopped out for low six figures.
  11. M

    Everyone's looking for a handout...

    from the new administration. http://www.bizjournals.com/boston/stories/2009/01/19/daily2.html?ana=from_rss Looks like we will be seeing a lot of this crap coming out in the next few weeks as everyone tries to put their hand out for some bailout money and to try to scare congress and the...
  12. M

    Spain loses AAA rating

    I'm aware of that but as you know there are powerful forces in Europe who, for their self interest, will do all they can to foment an anti Euro sentiment in countres like Germany. There is a lot of ammunition for their campaign in news like this and its ramifications.
  13. M

    Amazing Quote from the Wife of Wall Street Exec

    Speaking from experience, if it was paper wealth you never had it to begin with.
  14. M

    Buffett says US in 'economic Pearl Harbor'

    What are you talking about, Buffet was warning about the coming problems at least as far back as 2003. Just because he wasn't willing to jump on Byrne's crusade don't distort his record. http://news.bbc.co.uk/2/hi/business/2817995.stm
  15. M

    RBS - creeping nationalisation by UK government

    How can anyone in the top 30% of management in these companies still have a job? After such monumental incompetence how have they not all been fired and their idiot boards along with them. That is the 1st thing that the government entities that are shoring them up both sides of the pond should...
  16. M

    Spain loses AAA rating

    With Spain and Italy can the Euro survive?
  17. M

    direct statistical trading a "clearly" defined approach by NTW31

    I'm not a quant by any stretch of the imagination but I am trying to prove that an old dog can learn a new trick or two :) and I am enjoying this thread, thanks for posting NTW31. Thanks also to Bill's contribution and the link to python, looks useful.
  18. M

    The End of Banking as We Know It

    I had been looking at prosper.com but doesn't seem worth it, no real way to do DD, forgive me if I don't put a lot of stock in credit scores at this point lol, and the amounts are so small as to not make it worth while anyway. Ooops, looks like I made a wise choice to pass as it seems to have...
  19. M

    the end of UK.. RIP.

    I wouldn't be quite so hard on London, the Dorchester is a nice place to hang one's hat for a few days and plenty of great restaurants, shows, museums. Just like I could never live in NYC I could never live in London but they are both great places to visit frequently and London in particular can...
  20. M

    Please list the bad news...

    Things can always get worse but at the moment I would be more concerned about the side of the story that no one seems to be focusing on and that is what could realistically happen that would facilitate a much quicker exit from the recession than is currently anticipated. Perhaps for another...
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