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  1. M

    For those concerned about Rearden M's disappearence:

    Best wishes RM, its a shame that the medical community failed you so miserably that you had to resort to medicating yourself to survive, and now have to pay for having done so with your freedom. I am sure that those helped by your spreading the word about LDN will be forever grateful that they...
  2. M

    Terrorism on Wall St??? Barry Ritholtz

    Maybe the oil rich countries were pissed at how oil prices were manipulated down so they decided to do a little manipulating of their own as payback. Seriously though, when you have SWFs with trillions at their disposal, governments changing the rules from day to day and engaging in thier own...
  3. M

    Rescue plan seeks $700B to buy bad mortgages

    Anyone remember when Pauslon and Bernanke went to congress for the authority to put money in Fannie and Freddie and they said that at most they expected that the cost to tax payers would be AT MOST $25 Billion. At the time I was telling everyone that it would likely be closer to $200-400...
  4. M

    Save the crack dealer...

    As I was thinking about everything that has gone on this week i thought of a crack dealer analogy. The banks who have engaged in highly irresponsible lending practices, in some cases even predatory lending practices, are a little like crack dealers pushing their drug (easy cheap money) on the...
  5. M

    Trader P/L 2008

    -7 for the month, and was literally saved from a -150 month or potentially much worse by the ramp in oil this week and a position in WM and ESLR. Haven't had a nail bitter like that in a long long time and was a leasson relearned in being careful about getting too creative in hedgie one's...
  6. M

    Meanwhile in the rest of the world...

    http://www.debka.com/headline.php?hid=5591 September 18, 2008, 11:08 PM (GMT+02:00) Russian Navy in action Israeli military and naval commanders were taken by surprise by Rear Adm. Andrei Baranov's disclosure that 10 Russian warships are already anchored at the Syrian port of Tartus...
  7. M

    They just banned short selling in US

    Won't people still be able to use SSF for the stocks that have them?
  8. M

    Waiting For 1145

    FRO looks interesting here, safer way to play the energy bounce with not too much downside hopefully. I picked up ESLR based on the senate bill and barclays taking over their covered call transaction from LEH. If we don't get above ES 1182 in the next 15mins I'm out the NQ. Moved stop...
  9. M

    Waiting For 1145

    Don't think it gets there Pabst, I just bought the NQ 1674. Stop 1664.
  10. M

    US to Lose AAA Rating!!!!!!!!

    If you open the dictionary and look up the word hysterical you might find your picture there. For your sake I hope you are female.
  11. M

    US to Lose AAA Rating!!!!!!!!

    Can you please not post threads with headings like that unless you are reporting something more than your conjecture.
  12. M

    Okay. I was skeptical. Chevy Volt is a 'Killer App.'

    Agree the person who says they need to chnage the logo and front end of this thing. GM won't make it to 2010 without "help".
  13. M

    Meanwhile in the rest of the world...

    Friday, Sept. 12, Moscow announced renovation had begun on the Syrian port of Tartus to provide Russia with its first long-term naval presence on the Mediterranean. As the two naval chiefs talked in Moscow, Russian foreign minister Sergei Lavrov met Iranian foreign minister Manouchehr...
  14. M

    UNCHANGED no RATE CUT!!!

    Makes sense really as they can do this and gauge market reaction. They always have the option of doing an emergency cut anytime if necessary. Question now (after initial disappointment reaction by the day traders) is will this be interpreted as 1) the Fed ses the system as OK so green light...
  15. M

    Instrument for Oil

    The words "lamb and "slaughter" spring to mind :)
  16. M

    Why don't the top 5% spend more and lift the economy?

    Sounds nice but doesn't work in practice and certainly not in a world where the economy is global in nature. Open a basic economics book and you will soon understand why.
  17. M

    LIBOR DOUBLES!

    Fair point, thanks for making it.
  18. M

    LIBOR DOUBLES!

    Jumped 3.33% overnight to 6.44%, was at 2.15% last week http://www.bloomberg.com/apps/news?pid=20601087&sid=aNuUmNVcsRRQ&refer=home
  19. M

    If the Fed cuts by 50pt tomorrow....

    23 minutes left for the Fed to pull a rabbit out of their hat.
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