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http://www.cnn.com/2007/US/09/12/youssif.arrives/index.html

This has happened to most of us I would imagine. The cure is to take a complete break from the markets for a couple of weeks. Works every time for me.

I am hearing this alot and have heard it before. Its different this time and the Global market is not as susceptible as before to US downturns. I think this thesis will be proved incorrect in the next downturn. I was proved correct in the last dip and my opinion remains the same. EEM is what you...

A Fed cut telegraphs an increase in sytemic risk and yet does very little to address it (widens spread between Fed and LIBOR). Any rally on a rate cut is to be shorted. I agree with the earlier poster though who stated that the likely reaction to a 25 basis point cut will be a very modest rally...

You are not a failure until you give up. You have kids so giving up on life is not an option. The only option open to you is to put this event behind you and learn from it and move forward with optimism and without regret. Maybe trading will eventually work for you but you need to find something...

http://www.bloomberg.com/apps/news?pid=20601109&sid=aaza4TiCAtxE&refer=home

All targets were hit (aday later than expected) though I didn't participate fully (sold YM at 13290 from 12736 and EEM 127.80 from 112.53, no position in ES). Sold GS (+3.08) on close and initiated small EEM short (also holding EEM and QQQQ puts). I may be early but the 1st week of Sept is going...

No shares changed hands on Wall Street today, I guess everybody finally had what they wanted - SNL I was looking for 13400 on the YM, 75 on the ES and 130 on the EEM. We hit on the ES and got close enough in the other two. I am out my YM long and have bough a few QQQQ and EEM puts, some...

I rent a high end SF that was priced at $3M a few years ago. When I rented it it was one of two options as far as high end SF rentals go in my area (Boston metro west inside 95). I just checked and there are now 15 available for similar or lower rent (for it to be worth buying in my situation my...

Maybe a news blackout in Iraq is worth trying. No more journos reporting this stuff, maybe the madmen lose their incentive to perpetrate it. I don't think atrocities like this one and the truck bombings that kill hundreds are for the benefit of the locally affected population as much as they are...

I'm out YM t 13290. There should have been a rally off the Fed news alone and CFC is giving back its gains. People are just looking to get out on any decent news. Out EEM at 127.80. Added QQQQ puts...

I was talking about CFC's Dec 07 4.5 that was being offered a couple of days ago at what amounted to a 20% Yield To Maturity by a dealer. I don't know what it was bid today but with the news of the BOA deal my guess is that it is bid much higher, I 'll find out tomorrow.

My best guess is that you would be better off closing it out here at 13346 and rentering tomorrow after the pop at a higher level. I think you are right that we will try and retest some lower levels of support (though probably not the low) just early. Those premiums on Crox are fat, why not...

Well its better than the 20% that was being offered on their Dec paper a few days ago. I knew I should have bought that, didn't have the guts to pull the trigger.

ES target hit. Looks like YM and EEM will be hit tomorrow.

Hadn't counted on the CFC BOA development. maybe I hold out for 13400 after all considering we just hit 13335.

http://www.cnn.com/2007/WORLD/meast/08/22/iraq.boy/index.html These people are lunatics, stark raving mad. Like rabid dogs they should be put out of their misery. Maybe Vicks should serve his time in Iraq.

I think we pop on the open tomorrow. I am reducing my target to 13335 from 13400 and will likely exit YM & EEM longs on or shortly after the open in the AM. Will also be looking to start selling vertical credit spreads on the QQQQ calls and add to QQQQ puts and reinitiate EEM puts. Will be...

The banks are borrowing on behalf of clients. Translation is that they don't want to take the collateral themselves but are more than happy to have the fed take it even if it costs them a bit more. Today was a test, if the markets don't freak which apparently they didn't then we will see much...

The 1st week of Sept. will be the real test. Several large tranches of paper need to be rolled and if this no bid situation persists they will have to self fund. Many of them won't be able to and it could start a cascade od defaults. If we get through the 1st week of Sept without too many hicups...