Search results

If a short duration treasury fund there is a risk a loss if things get back to normal and risk aversion subsides as they will sell off hard as money leaves for better returns. If you think things are going to get worse before they get better then this fund should do well or at least hold its...

http://www.plantingpeace.org/facts.htm I already think the US is pretty great but imagine if we had spent 10% of what we spent on Iraq in the poorest countries on earth we would now be lauded the greatest country on earth by just about everyone.

What some of us are gloomy about you will understand after you start paying taxes, until then enjoy your free ride :D

Trader status is a red flag for an audit, the IRS sets the bar high enough that most hobby traders will not qualify and even some that trade full time may not qualify, and yes has nothing to do with hardware :D but everything to do with time spent, source of income, business records and $ amount...

OUT 44.50 OUT MSFT 28.33 OUT QQQQ 43.61 Bought today to take home for the weekend ES March Puts NQ March Puts FXI March Calls

Basically true as long as people still find the US financial system credible which ofcourse they still do (which is just as well as I have a good chunck of my net worth in relatively liquid form in US banks :) ), but that credibility has been dented with this credit crisis. I'm sure that a...

She has to know better than that. The whole point here is that the collateral that is being accepted under this newly created TAF would not have been accepted previously by the Fed. THAT is the major point. Like I said it takes guts to say that if this new life line (TAF) had not been thrown to...

It takes a lot of guts to go on TV and say "Folks, the banking system is now insolvent". Even if you are technically right you will be fired for sure. From the perspective of the man in the street as long as he can still get paper out the ATM nothing is wrong and that can keep happening until...

LONG ES 1344.50

Regarding the Ags, not only will there be recessionary pressures but also biotech land usage is set to double by 2015 http://www.researchrecap.com/index.php/2008/02/13/worldwide-biotech-crop-area-set-to-almost-double-by-2015/ In the past the ags have been very responsive to price increases...

Good to see that there are still people who see sports as an activity that promotes the virtues of good health and sportsmanship in the populous and especially our youth, virtues of far greater value to our society than that provided by mere entertainment. Steroids run counter to both. No...

With 1M+ foreclosures projected for this year and next and the economy potentially headed for a nasty recession AND potentially the cost of money for the municipalities rising drastically long term and not just short term (the big unknown right now) 20% might be cheap. Until the credit markets...

You don't say :) TIPS down hard today and long bond broke its DTL. Auctions fails mounting and debt repricing now extending to CP (when it can be sold). Basically stuff everyone who has been paying attention to the news this week already knows.

A must read for anyone truly interested in this topic is the recently published book "Where does the money go". To fix SS, taxes would either have to be raised 16% or spending cut 13%. To fix Medicare, taxes would have to be raised 132% or spending cut 50%. That puts the reality of the problems...

Good for BKR

People are not half as stupid as they think. When they make these kind of statements they lose credibility and they are suposed to be the puppet masters. If people feel they don't know what they are doing and are not in touch with what is going on the markest lose credibility and it makes...

I think we all knew that it would come to this in the end, we hoped it wouldn't but realistically we knew this is what would happen. Happened in the UK with NR and now in Germany, only a matter of time it will happen in the US too (some will say that it already happened with CFC's $55B loan) and...

I respectfully disagree. McCain with a democratic congress will yield significantly different results than Obama and a Democratic controlled congress. As for Ron Paul, I strongly supported him both here on ET and in the real world with real $ until it became obvious that McCain was the...

I think this is largely options related and am playing along until Friday with tight stops. Will sit out the weekend and wait to see if the rally has legs going in to next week. There is a lot coming up in the credit markets in the next two weeks and it will be hard for equities to ignore what...

Might be cheap, might not be too early to tell on these auction fails.