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Now up $32 from their call lol, they did a great job screwing a few weak longs on that one. Gotta love WS :) Would love to know how much their traders scooped up under $240. SEC? SEC? Bueller?

Or put another way: if you think things suck now but are still tolerable vote for McCain. If you want to see just how bad things can really get vote for the other jokers. Or :If you are filthy rich making all of $30K a year and can afford to have your taxes double vote for the jokers, if you...

all the "RICH" Americans, you know, the ones that actually pay taxes. I love this country but just how much of this crap can people put up with before they say enough is enough.

This is exactly why you have to hedge your trades if you are holding any position of significance (EEM,EWZ, NQ, XLF, and C puts hedged with GOOG, BIDU, GFI, XOM, SMH, SIGM calls). Nevertheless I am going to be a lot worse off today than I was yesterday unlesss we see some $30+ moves in Bidu and...

If you really want a scare pull up a dow chart and draw the trendline from 1972.

Maybe a short term bottom, who knows. Dow broke a multi year trend line going back to the 70's so doubt this is THE bottom.

Karma's a bitch, ain't it Gov.

BIDU up $12 from their slimey downgrade. If there was any transparency it would show that they probably bought on that downgrade but the SEC is asleep at the wheel as usual.

China stock market is being flooded with new issuance which is why it isn't running up as before.

So was the RR worth putting on a trade? My guess is not.

Lower short term rates at some point (and I think that point has alreday been reached) are counterproductive when you have a large foreign debt to service. Yes you debase the currency but you drive up long term rates. No wonder the long bond was cut in favor of the 10 year for refinancing the...

Thanks for posting the info, though I hate these type of stats and 1974 would be an example of why (smaller chance of having a 5th down month than even now and yet it happened). It would be more useful to know when there was a 5th down month by what % were we down in that 5th month and what...

Good travels and trading to you Anek, thanks for sharing.

http://online.wsj.com/article/SB120493794786721151.html?mod=hpp_us_whats_news

$1.8+ to the Euro

Probably looking to buy shares cheap before the conf next week, typical asshole games.

The fact that few realize that if it wasn't for the TAF the banks would be insolvent, and that's not hysterical hyperbole, that is a fact, and it is nowhere being reported or even undertsood by the media is a clear sign of the complacency that is still rife within the system. Does anyone think...

They just increased the TAF by $100B, you want a rate cut too? The fact that the market is down like it is even with that news is a bad omen. I think the Fed may be worried about cutting right here right now in to the teeth of forced liquidation, what happens when they cut and it has no effect...

Bid in the $ doesn't necessarily translate to a bid in equities. It is far more likely to be a risk aversion/flight to safety trade and more than likely puts a bid in short term treasuries, not equities.

http://ftalphaville.ft.com/blog/2008/03/07/11443/the-fed-rumour-recast/?source=rss