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875-ish is the new floor. You're still punting.

I know it gets deep over at DB, but for f's sake... http://dealbreaker.com/2009/05/bonus-watch-09-you-get-nothing-1.php#comments I don't see how Obama is going to get this through...

lol.

I've said it a handful of times in the past month: We're going to see 1050 by Sept. The market is pricing in GM's chap. 11. And for those unaware, and think that market cap of GM is anywhere close to their book value(read: not the stock book value, but the company's), I have some...

And whose plants are you talking about? You may think it's silly, but it's been a fact for over 70 years.

Yeah. Problem is GM is obligated to stay in the US to provide military manufacturing capacity if the need ever arises. GM won't be leaving detroit any time soon.

No, it's more like one person saying "I think we're going to lose 500k jobs instead of 600k." Both are conjecture and single-sourced data is useless.

No uber-bull here - I'm a pragmatist. I've called both sides and am not emotional about either side. We went down too fast last year; now is time to pay the piper for that move, in the form of a slow stomp upwards for the immediate future.

Oh we know all about you BLSH.... :) you and S7000 have the market cornered on bearishness.

When we're going down most of the posts are about why we should be. I can't help but notice that on up moves with volume the short side doesn't have any good propaganda other than "psha - it's all rigged/smoke and mirrors/etc". C'mon guys - where has all that negativity gone?

I see what you did there.

I like your style, sir.

I feel fine. Only fools trade opens and closes. We still don't care about your BS - we're too busy watching the tape. My call of 1050 by fall stands.

we are drifting to 1050 in the next 4 months. I've been saying this for 3 weeks - if we took out 875.

You don't have any models. Stop talking and read more before posting.

Agreed. There is a very short list of shops that are reputable and built for the "little-guy", and Bright is one of them. The best thing about Bright is over the years they've built up enough capital to let successful traders swing big sticks from time to time. If I didn't build up my IB...

Already being done. Also the only way the Fed will run out of ammo is if their printers run out of ink or paper.

Shalom. :)

When it comes to the FOMC people somehow forget that things could be worse: the GOVT could be trying to engineer us out of this mess. do you guys really want the govt to try and find an efficient way to clean up things? Are you kidding me? Ben has a shitty job - he's the mouthpiece for the...

At least Ben and the FOMC have a clue. Treasury is still trying to figure out what to do. Politicians aren't perfect - most are deceitful in one way or another; they have to be in order to get anything on their agenda done. That being said, Bernanke has done as good a job as any in this...