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As of right now ET has 105,732 threads on it. How many of them are about Jack Hershey? When does this end? What is this fascination with Jack Hershey? He's just another bullshitter on the internet, are you guys shocked by that? Are you astounded that someone could spew gibberish on the...

Here's the income statement of the biggest daytrader out there: http://finance.yahoo.com/q/is?s=NITE&annual

Yeah, get one of those lawyers on TV in the middle of the night that tells you to call him if you've been arrested for drunk driving. They even speak Spanish.

Why gay daytraders? What about gay swing traders and position traders? This thread is anti-swing and anti-position trader.

When Mr. Morgan bailed out the Street in 1907, it was the middle of a bear market and after a brief rally, the market continued to sell off for many months. Nobody knows if Henry Paulson's bailout will mark the bottom of the current bear market, but he undoubtedly saved a few large institutions.

This thread was started in May of this year. Today's WSJ is reporting that Meriwether flew to London to try to convince his investors to stay with him and to even get new investors. His current company, JWM Partners was down 26% for the year going into last week. I guess he'll just call...

Obama only started claiming tax cuts a couple of weeks ago. I have not read exactly what he means, considering that up until then he was promising tax increases. But an editorial in the Wall Street Journal described them as tax credits, not cuts. Just FWIW, I'm not to familiar with it yet.

The wealthy, (of which I am not one yet), are under attack with this new breed of Democrat. The Democratic party used to be the party of labor, and the Republican the party of business. Both have lost thier ways. The Dems have been evolving into this party of "limousine liberals" ever since FDR...

If John Mack is really on the phone to Chris Cox asking for help, that tells me Morgan is unable to squeeze the shorts themselves. It's war out there today, and Morgan is out of ammunition.

He can't stop the loaning of shares held in retail margin accounts. The SEC must surely be telling him to get lost on this one.

It sounds like I'm shitting on Jim Rogers, (and if you had mentioned Soros I would sound like I'm shitting on him too), but I'm exasperated at the adoration for these two people who outside of trading have been nearly 100% wrong on everything they've ever written and said. How long ago did Soros...

James Rogers in April of 1988:

I don't give a fuck how rich he is, that's got nothing to do with being "smart". He plans on moving to China, (actually he may have already done it), because he thinks China is some economic superpower. China hasn't even put a stop to slavery yet and can't keep poison out of tooth paste and...

I actually thought that McCain was going to pick Carly Fiorina for his veep. http://www.elitetrader.com/vb/showthread.php?s=&threadid=121272&highlight=fiorina

McCain said the regulatory system is outdated. He said he's gonna fix it right up. By the time all the new and improved regulation gets passed, Bear, Lehman and Merrill will be referred to as the lucky firms.

There are so many jokes I could type here right now that my brain has gone into overload.

BTW, to answer the question - I'd say crack is more addictive. Every time you smoke crack, you get a good feeling. I only get a good feeling half the time I make a trade in the market.

I'd like to get back the enthusiasm I had a dozen years ago. Back then my local paper had a telephone number you could call to get delayed quotes on stocks. I used to call it from my cubicle at work several times every day to follow whatever stock I had at the time. I had learned the keypad...

Hey, when you guys bicker back and forth like this, do you think it earns you more respect or less?

Yes it was! My biggest smile of the week!