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I guess everyone is busy unloading and SPY continues to collapse in price. down under 107 Friday is gonna be ugly, Probably a 4% drop since no one wants to hold for saturday.

Yet less than 17 bucks gets you a pound. It is half as rare as gold yet it cost a fraction of what gold is going for. So what gives?

They should add a 10% halt for price jumps as well. To prevent noobs paying too much.

I wonder how it went for people who did that in 1980

It will not work, People will freeload and it will not be self-sustaining. I say 10 months from now you will not hear about this nonprofit edition of the restaurant.

According to the TV people. http://www.cnbc.com/id/37213693 That is like taking a time machine to 1988. I would not be surprised if it turns out to be the case, our economy is based on people borrowing money to buy chinese goods. Not like we are making productive use of our capital.

Evolve or die, If you cannot evolve to this market and take you piece of the action then you should not trade.

Fat finger not needed, just computers thinking on their own and making computational assumptions. All these computers are programmed the same so they are like lemmings, if the computer gets spooked they all go towards the cliff and drop below. We the Humans have the edge against the...

Put them low, we might get another computer meltdown. The tape is starting to look similar to what happened last time. Something paused for a sec and got choppy a bit. lots of Chicago board of options block trades coming in as well last few minutes. So put in your bids you might get PG...

You get a reacharound :)

Wait, Greece pays wallstreet bankers to help them cheat their way into the euro and now they are going to bite the hands that fed them?

EGG came first, Aliens used the Earth as a giant Petri dish and dropped off 1 egg to see the effects from far away. Aliens are laughing at the idiotic things we do on a daily basis and now we are being broadcast on all the galactic cable networks for pay per view.

I wish some of my DITM put options would get exercised early and stock put to my account. Although I suspect the odds are against it. :)

Why not just call and give explicit "Do not exercise" instructions. OCC thresholds are 1 penny. So if you are long a call position on friday, even if it is OTM, call your broker and provide explicit instructions over the phone on friday morning.

How come in 2001 for example I never heard the world "Gold" on the TV or radio or from joe six packs and soccer moms etc.. when gold was trading under 300s ? Now you hear all the time "GOLD" on every corner. Just like you heard "House,property" on every corner during the housing bubble.

The lemmings got lead to the slaughter last bear market when gold peaked (79-82), Those who shunned equity and went long gold ended up missing the entire 1980s equity boom, only to watch their gold positions bleed and crater. Even now gold on an inflation adjusted basis has not provided gains...

The Euro makes absolutely no sense. In the US you have 1 currency and 1 fiscal policy. The euro is a hodgepodge of the worst of both, 1 currency and every country is independent with its own fiscal policies. So you have Germany with a much more conservative government fiscal policy, and...

They can only lend stock from customers with a margin debit. If they are long ABC and all stock in thier portfolio is fully paid for and zero margin debit, they cannot use those shares to loan out.

But no halt if stocks melt up 10% or more up.

Welcome to North Korea. I recommend watching this series. Empty streets, empty hotels, empty buildings and traffic directors standing in the middle directing ghost traffic. http://www.youtube.com/watch?v=1Eni4fTTmjs&feature=related Friends of Kim, Watch as a bunch of DPRK lovers go on a...