Search results

US mainstream media has no clue about the mess in South America? Are you kidding me? They don't report much on it - not because they are clueless about it, but because nobody gives a shit. Dictator Chavez ready for a 100 year war in South America? I highly doubt it. Fidel Castro...

I am quite certain you will be profitable trading these.

I think way too many people in the world are financially illiterate. Nobody cares more about your money than you do, so everyone should be educated with at least the basics. Canada just passed a measure to teach grade 7 and grade 8 students basic financial concepts which is a long overdue...

Do you actually think this is uncommon in the industry?

As evidenced by the relative flatness, markets have already discounted double digit unemployement...everyone knew it was coming, so why should it have an effect on the markets?

LOL hilarious!

Please don't use this as a barometer for trading expertise...

Do you really want to bet against it?

Your baseball player salary example makes no sense in this context. Neither does comparing Harrah's to Goldman Sachs. There is no question that GS has an "edge". Having an edge is fine; inevitable even. But when that edge becomes so great that YOU NEVER LOSE, one would have to conclude...

You assume that people would still have confidence in the financial system, although they no longer have confidence in that particular institution. I think the loss of confidence in the financial system would be so great that many if not most citizens would withdraw their money from banks for...

Is it possible that it's the same guy creating all of these top call threads? Surely there aren't this many ignorant traders on here? Especially the lashing all of the other OP's got when their calls got busted!

There is no need to draw a definitive line. If I told you I won the lottery 1 time you'd say "you sure are lucky". If I told you I won the lottery 5 times you'd say "you sure are lucky, something smells rather fishy here". If I told you I won the lottery 9 times out of 10, you'd say "that's...

This is true to a certain degree... When a person wins the jackpot in the lottery it defies statistical probability...but when a person wins the jackpot in the lottery 9 times out of 10, the only logical conclusion is corruption.

Link?

Your analysis is very insightful.

Insane statistic. GS is clearly unstoppable at this point. Out of curiosity, does anyone know how this statistic compares with other IB's?

I absolutely love this broad.

I keep getting excited because this thread comes back to the top of chit chat...only to be disappointed when I find out people are talking to each other instead of posting pics!

You are exactly correct.

I'm not an expert on the subject, but I think it all comes down to confidence. Suppose BAC was allowed to go bankrupt. Any amount above the insured limit by the FDIC, customers would lose that money. This would trigger an incredible loss of confidence in banks and the financial system in...