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And the job numbers get bleaker and bleaker... Japan's exports to the U.S. are faltering, Europe's western economies are falterings... Pending home sale in U.S. reach all-time low... And the beat goes on. The market has not fully priced in economic risks that can't even be measured...

Do you HONESTLY think McBush is any better? Face it - we're screwed. The Republicans in Congress are joined at the hip with the Democrats. And Bush, our fearless leader, has been the Spender-In-Chief par excellence for 8 solid years. Say hello 56 trillion dollar national debt.

Bullshit. These bills obligate U.S. taxpayers to guarantee a bottomless pit of toxic waste - no one knows how deep. We're talking about homes that were once valued at 100k+, and that will ultimately be torn down as nuisances, all over inner city areas across the country. I'd bet the...

I've been out most of the day. There's a great thing called 3g phones. Check 'em out. Hey. You still calling for new highs on the spooz by year end?

HedgefundTrader2 is back!!! Who reconstituted your account after you blew up, dude? Your grandma?

Truly amazing. This is getting so bad that cities are suing banks to prevent foreclosures (no comment on absurdity - but it shows how desperate a situation it is): San Diego Sues Bank Of America to Block Foreclosures By REUTERS Published: July 23, 2008 Filed at 6:53 p.m. ET...

Fed Report Says Economy Continued to Slow By MICHAEL M. GRYNBAUM Published: July 24, 2008 Americans are cutting back on everything from cars to food to name-brand products, the Federal Reserve said on Wednesday, in another sign that the economy could slow significantly as money from the...

And a new stock_tr3dr is born. Only this time, born under the sign of the bear.

Well, you know... Republicans are freaks. I need not go into specific cases. I don't know where to begin or where to end.

This thread deals not with the next month or so.... ...rather, the next year or so. If you can pound a profit trading around the cones until the music stops, go for it. Earnings have been a gigantic mixed bag of everything and nothing, and who's high on the future?

I always want to ask my conservative friends why the hell would they ever support 99% of current Republicans. The Republican Party has drifted further from American Conservatism than I can possibly emphasize. I'm glad some of you have awoken to this core fact. We really need to break...

Yes! There is no doubt that rental unit housing will see price appreciation. 1) Banks tightened lending standards on mortgages in draconian fashion. No more interest-only loans, 5% down loans, or insane ARMs. 2) Fewer people qualify for mortgages now than before, by large margins. 3)...

Exactly. Not only that, but when the banks take back all this toxic waste, whether it was a primary home, or a leftover spec house that some builder built, or an investment, or when the banks take back acreage that was 'going to be developed,' or vacant lots that are already developed, what...

Costco and big box grocery chains are getting slammed today. Costco put out a dire outlook. Costco is as about as defensive a play as one can get, along with the usual suspects of JNJ and PG, etc. That link about Phoenix foreclosures daveb351 posted above is a great example of exactlywhat...

I guess the market priced in nascent tech companies that never turned a single profit, and produced nothing but websites and 'growth projections' on powerpoint, popping with a loud, vicious 'snapping' sound, before the event. And that, also, was obvious in its tell, prior to happening...

No, I don't 'trade' for a living. I do invest money in equity markets, and I've done quite well at that. So, anyone who is bearish must be a failed trader, in your esteemed opinion? You don't know me, and I don't know you. One critical difference between you and I is that I don't...

One more thing before I'm off to bed; Anyone think the list of 19 that you can no longer short naked (regardless as to whether you think this is a good rule or not) is not relevant to continued bleeding on the part of note holders on real property and the loans that accompany them? That...

Financials are about to submit to another round of merciless beatings. Retailers won't be far behind. Everything goes on sale when no one has any cash.

Check this stat out and let me know if it's wrong: In 2000, 5.8% of commercial real estate loans were 'interest only.' In 2005, 57% of commercial real estate loans were 'interest only.' Those loans do not remain interest only forever. They have reset periods whereby principal has to...

I had more than my fair share of VSOP. But I wasn't driving.