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  1. M

    David Tice sees multi-year depression coming

    You have the wrong culprit Limitdown, supply side works just fine, what doesn't is a bunch of wall street smart arses run amock being too clever by half with their exotic instruments to securitize the universe and sell it to a bunch of gullible greedy and quite possible corrupt people who had...
  2. M

    Oh Great.. just what we need is more cheap money

    This comdey of errors is fast becoming an all out slap stick farce.
  3. M

    Bush gets Saudis to pump more oil!!

    Am I the only one who's stomache turns in disgust as I see a US President go cap in hand to beg for alms from the despotic Saudi Royal Family?
  4. M

    Study: Gas will soon be at $10/gallon

    Once they get plug-in hybrids in production this problem will be solved. I read a piece in the national geographic a few months ago that compared the cost of various fuels and if we could plug our cars in we would be paying the equivalent of $0.6c a gallon on our utility bill. The best part is...
  5. M

    Trader P/L 2008

    22K SPY 144/146 134/132 would have been 40K but for DUG and FMD calls expiring worthless.
  6. M

    Timing Journal

    Short ES 1425 Long EUR 155.68 Long Oil 126.650 LONG AKAM Straddle
  7. M

    I am thinking of buying a GAS SCOOTER

    9 Miles? Ride a bike to work (depending on terrain etc shouldn't take longer than your current commute), probably safer than a scooter too, great for your health and pocket book. Days when it is raining take the van.
  8. M

    "Fed Deception"

    Preaching to the choir LT, most of them are decent folks but just haven't a clue about the crisis that faces the US. We can no longer afford all that idealistic clap trap.
  9. M

    Fannie Mae eases down payment rules

    Given that it seems nothing has been learnt from the credit fiasco I would not be surprised to see all the supposed tightening in mortgage standards just be given a blind eye yet again. If Dodd et co have their way investors will not even have to take a risk as it will all be insured paper. Long...
  10. M

    Fannie Mae eases down payment rules

    Will they take the down payment in used pop cans? Will past receipts from the recycling center be acceptable for income qualification? Time to jump back on the old gold bandwagon.
  11. M

    "Fed Deception"

    Do I smell a moveon.org ad in the making? Flashy WS guy in Scores throwing it about fade to grandma opening her last tin of cat food for the month sharing it with kitty as she looks at the calender and counts the days until the next big X, when she will get her next SS check
  12. M

    "Fed Deception"

    The biggest deception has been that tax payors have not had to pay a dime for all this bailing out the Fed has been doing. We have all been paying for it at the pump and at the store, make no mistake about that and with the poorest paying the most, sad considering they derived little benefit...
  13. M

    Credit Hurricane

    The Credit Crisis is just beginning, the reason is that the underlying problmes are still there mainly in the form of a lot of RE that still has to reprice to lower levels before it finds a bid, the foeclosure delay tacitics will soon run out of time. What has happened the last couple of months...
  14. M

    Inside Real Estates Black Hole In Search Of Fantastic Opportunities

    http://www.youtube.com/watch?v=LCW4A0ACDKM
  15. M

    Best ETF or ETN that has inverse relationship to price of Crude Oil?

    EMs are Emerging Markets, EEM
  16. M

    Negative Divergence

    Vix and vix options and spx options and bullish sentiment all suggest there may be too much bullishness and complacency for a push much higher for the moment. Did you see the last increase in consumer credit, a whopping $6.4B, way more than anticipated. The consumers tank is long past empty...
  17. M

    Prop Firms for Options Writers

    If you have $500K to put up look at a PM account with optionshouse, flat rate on option trades ($9.95 for up to 3000 contracts per leg)
  18. M

    War with Iran next week?!?

    http://afp.google.com/article/ALeqM5isYrZYBto85jZiWMRwdXW9MC0VdA
  19. M

    War with Iran next week?!?

    http://www.debka.com/article.php?aid=1343
  20. M

    What can a trader do as a secondary job to supplement income.

    Be a master franchiser or find very good hardworking smart trustworthy stable people who are underemployed and mentorable and give them a chance in life by setting them up in a franchise. I have a few over the years, a great source of satisfaction and a win win for all concerned.
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