Long USD, short Euro.
Benny better back up his blathering on strong dollar with decisive action.
I don't want to hear any horseshit anymore from Santa beard.
If a 25 basis to 50 basis point hike shores up the dollar, breaks commodities and crude oil, then it's a win-win situation...
That's pretty insane. I have a hard time comprehending those numbers, nor the damage they'll do to G_d knows who if the value (who knows what they may be) behind them erodes further.
I am finally getting a glimpse of Buffet's 'weapons of financial mass destruction' reference when talking of CDOs.
Dream Ticket
President: Ron Paul
Vice-President: Dwight D. Eisenhower (bring him back, damnit)
http://www.youtube.com/watch?v=8y06NSBBRtY
Speaker of the House: Jon Stewart
U.S. Chaplain: George Carlin
There is one man, who I actually believe knows what he speaks of, who gives me more fear than anyone else regarding the economic future of the U.S.:
David Walker.
I've delved into what he's had to say for a long time now, and if he's right, as the former Comptroller General of the United...
Ouch. I just looked at AT&T's required plan rates and terms.
Minimum of 2 or 4 years?
That's a lot of money to AT&T.
I think this will be Apple's weakness. They lowered the price of the phone now, and yes, the browsing speed is better than some current rivals, but their requirement that...
Closed @ 19.60
Someone once jokingly said on here they'd buy at $5.
What do they have to do to shore up their balance sheet and investor confidence?
I may nibble at around $15 if it has any signs of basing and consolidating, depending on interest rates and a few other factors, but this...
Pain across the tape. No where to run, no where to hide.
Financials getting absolutely pulverized. Apple taking it on the chin. Most tech stocks getting short roped.
McDonald's and a few oil guns are holding up the Dow, but the scene is bloody behind the tape.
That is unbelievable.
I will say this; I would not be confident using much leverage in waters like these.
But if I did, it would be with options, and definitely not margin.
The one I'm really surprised about is MA.
I used to get Zanger's newsletter, but realized fairly quickly that his momo methodology is far less likely to work nearly as well now, compared to when he made his tidy fortune back in 1999 and 2000.
I always listen when veteran traders talk about the markets of 2001 and 2002, when every time the market rallied, anyone biting the bait would soon be stomped hard, day after day after day - an endless cycle, as they seemed to suggest.
I've never experienced that.
That's my worst fear. A...
That's a frightening thought.
I follow much of what David M. Walker, former Comptroller General of the United States, has to say about entitlement programs, unfunded U.S. liabilities, and the accounting standards our government is currently using to base its budget on, and you're very right...
Long NOK.
Looking at PALM.
Between Nokia, Research In Motion, Palm, Ericcson, whoever - Apple has no idea how many competitors to the iPhone will be out there, at significantly lower prices that will crush their margins.
Was Bernanke using an iPhone or Blackberry when he passed by the camera?
I wonder what he uses. He was probably calling in an order to triple the typical rate of printing paper money.
I like to think of myself as rational. Whether I am or not, is an objective matter that doesn't depend on my opinion.
I don't know what happened regarding Building 7. I found the article I posted very interesting.
The BBC reported on the collapse of Building 7 26 minutes before it fell...
The only thing I know is that if this isn't a hoax, and he really made that prediction about China (smaller quakes before the Olympics, etc.), and made that prediction well before these latest events, I find it fascinating, and would dismiss anyone who claimed the guy 'simply got lucky' - and...