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We don't export anything to china. Barely a half a percentage if that. So how is china going to punish us? we consume 99.5% of chinese products and services, it would be stupid for china to try and punish us over tires. If they were smart they would stay quiet about it.

Stocks shooting up like a skyrocket :)

You must be confused with the terminology. Buy to close only makes sense if you are short options. Sell to close if you are long options. Buy to close does not mean you are buying stock. To exercise you have to notify your broker, there is no button that does this. But if you are...

We should fire a second volley against more chinese products. They make 98.63% of everything we buy in the US. They will end up losing out if we close the doors to those chinks. They should bow and say thank you and we so sorry for dumping tires and shut up. They make enough money...

Yeah I noticed. I guess its all the new media exposure.

lol

where can I get that bernanke action figure with helicopter? Is that a real product?

At least they are showing the individual investor that options can play a role in your portfolio as a way to hedge. I thing people are scared of going naked long and offering options as a way to hedge a bit will probably make people a little more comfortable jumping in. I explained to...

Looks like CNBC is touting options with a special program called "options action" I saw a clip, mainly they were discussing collars and kept it pretty simple. Nothing too speculative. Interesting that its now becoming something that the financial TV shows are gonna air on a regular basis...

NEVER fight the tape! I fought it like a fisherman trying to get that dolphin. Oh well, At least I have a short term loss :) Anyhow onward for friday. The loss could have easily become a 15-20K loss If I kept fighting :)

What do you think I doubt someone paying 17-18 cents more for a 2 liter bottle of coke is going to suffer for it and it is a discretionary purchase. I think such a tax could be used to pay for the deficit that we are running etc. Or for this health care inititative?

Exactly. That is the word I was trying to look for. The stigma is gone and its cool to stick it to the man. On an interesting note, record imports. So it means we are back to consuming more and producing little.

I think she is the new face of the GOP. Bush Jr was what I would call a transitionary new generation GOP president and now Palin will continue the conversion over to the new Republican party style that began with Bush Jr. Do you think she will do well as a president and as a representative...

BAC,C,etc would have defaulted on their covenants if they would not have been bailed out. Don't you think Joe the plumber sees the talking heads on fox telling people how banks did not go out of business because they were provided with free money. Which was then used for bonuses etc.. Joe...

I think the primary reason people are choosing to walk away from debt is pretty simple. They saw that the financial institute was bailed out with taxpayer money. People who would never have defaulted are choosing to default primarily because they figure if financial institutes are getting...

goatse spread is one more to add to the list.

That only works for so long. ie: enron

How do you think this will make Q3 look. I mean you can only make up profits by cutting costs but that is only effective for so long. These numbers reflect the cost cutting effects which trickle down to the consumer (who will not buy your goods and services with borrowed money) The...

Different eras. I started out with no college degree as a runner doing the low totem pole stuff eventually working the pits and moving on over the years. (retired now) You cannot expect to walk in and get the topshelf work, you need to show you have the capacity to do any job the best you can...

3.7 GPA is too low. You should have tried for a 3.9 GPA Right now there are so many college grads that to make it easier anything with less than a 3.9 is rejected. This is from a few folks I spoke to a few months ago.