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  1. M

    US is overcoming oil addiction

    This will help in that regard http://www.boston.com/news/local/massachusetts/articles/2007/12/04/rising_oil_costs_expected_to_increase_heating_costs_in_mass/ Cost of heating oil here in Boston has gone from 2.89 last year to 3.39 this year.
  2. M

    Why are people on ET so against a decent minimum wage

    I think that if the US had the same attitude toward drugs that Northern Europe does there would be a lot less crime here and far fewer criminals and prisoners sitting in jail at a high cost to the tax payer. War or drugs is a fiasco, treatment not prison for drug offenders and decriminalizing...
  3. M

    Why are people on ET so against a decent minimum wage

    OP, seriously? Posing such a question on a web site dedicated to people who rely on a free unfettered market (ie demand and supply) for their living what do you expect? Personally I would prefer a raise of the poverty level than a minimum wage, such that if you didn't meet a certain income...
  4. M

    The US Future Looking Brighter....Algae...The Chevy Volt

    Good article libertad, watch out of the peak oil fanatics. By the way I agree, human ingenuity and business freindly environment is what can save the US if the government will just stop incentivizing the staus quo. If we get someone in 2008 who's policies incentivize progress then watch out...
  5. M

    Florida suspends withdrawals from state investment fund

    Another article to throw on the heap Consumer data raise fears for US growth By Daniel Pimlott in New York Published: November 30 2007 18:29 | Last updated: November 30 2007 18:29 US personal consumption remained flat last month and incomes fell in real terms, in a worrying indication...
  6. M

    Florida suspends withdrawals from state investment fund

    Just a bit of Sunday morning reading Fly. Your tenacity with the mushrooming naked short/wall street fraud stories is truly impressive and adds real value as you often post things that are not available from media sources or before they are available from media sources, and analysis bourne of...
  7. M

    Florida suspends withdrawals from state investment fund

    SIV primer http://news.morningstar.com/articlenet/article.aspx?id=214880 Not there yet, more losses at C http://www.bloomberg.com/apps/news?pid=20601087&sid=aLt8Zl8fBZCE&refer=home many are saying that the SIV super fund is coming too late...
  8. M

    Rate Cut = Goodbye Volatility

    Why not just wait and see what the reaction is on Dec 11th? It might be that the rate cut has already be priced in or that the Fed doesn't have credibility or that the Fed doesnt cut? The reaction will be very telling either way and will give you a better basis for making a decision.
  9. M

    Florida suspends withdrawals from state investment fund

    On the one hand I don't understand why things already seem so bad when the housing bubble has barely started deflating. In most places prices are off by 15% and nationally only by a few % and most resets haven't hit yet. You have ETFC selling their portfolio for 27cents on the $, if this is MBS...
  10. M

    Ron Paul on the Dollar Problem

    It doesn't matter what his opinions are on social issues because he a true republican that believes that those things should be decided by the states and not the Federal government. Gays marrying in CA, fine if that's what they want, not in Kentucky, again fine if that is what they want. Land of...
  11. M

    Schindler Trading up 17% YTD

    And if people would stop quoting the moron those of us who have had him on ignore for months would not be continually subjected to his crap. Have a pleasant evening all :D
  12. M

    1000 % Subprime short seller Lahde preps new credit hedge fund

    So the last trade was 27 cent on the $, do you really think that the rest of the junk is being similarly valued? Ofcourse not, they are calling ETFC a special situation. Perception and reality are still far apart, probably 35-50c worth on average. This is because the housing bubble is popping...
  13. M

    The stupid and irresponsible "home owners" bail out is happaning

    I was both short and complaining (posted several times about Dodd trying to bail out his CT Hedge fund cronies from their CDO obligations and selling it as a plan to help the low income subprime homeowner), good to see I was in good company though admittedly we were few and far between :)
  14. M

    The stupid and irresponsible "home owners" bail out is happaning

    Its not that I want people to suffer but then again why bother having a market at all, why don't we all just adopt a communist style economy and let the state shield us from any pain. Support and Vote for Ron Paul before it is too late for those of us in this country who still believe in a...
  15. M

    Timing the market Sucks, but...

    Its tough to be short in this environment now matter how logical it seems. We now have both the Bernanke Pyt and the China SF Put to contend with, the first put you in fear for your life (another haily mary cut that will fry your position) and second seriously impacts the RR of any short trade...
  16. M

    QQQQ head and shoulders?

    Targets Hit, am now short using Jan ES puts FWIW
  17. M

    Peak Oil Doom and Gloom, or maybe not...

    Thanks for your sartorial advice :D My point about productivity was the rate at which technological breakthroughs are occurring and not just in the world of computers (here again the point was the speed at which computing power is evolving is facilitating technological breakthroughs in many...
  18. M

    Peak Oil Doom and Gloom, or maybe not...

    For some the glass if half full and getting fuller, for others the glass is half empty, has a crack in it, and the bottom is about to fall out :D I notice that Goog just got in to the clean energy business, and the beat goes on. Its not that I am a wide eyed optimist, its just that I...
  19. M

    Peak Oil Doom and Gloom, or maybe not...

    Its the atom I think, awesome machine. 0-60 in 2.9s http://www.youtube.com/watch?v=WaWoo82zNUA Sorry that one's not electric, its this one the X1 http://www.youtube.com/watch?v=_fQLdfW6YT8
  20. M

    Peak Oil Doom and Gloom, or maybe not...

    If it isn't fusion and the H3 it will be something else. Necessity is the mother of invention and once oil gets too expensive you will be amazed at how fast alternatives arise. The self selected doom and gloomers might want to read a bit of history, maybe it will help them sleep better at night...
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