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    Whats tightly correlated to Oil?

    Stay away from the USO and DXO because of the front-month roll. Your purest correlation will be with the OIH, which is the Oil Drillers Index, comprised of RIG (17%), SLB (12%), and DO (9%).
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    Dan Zanger shorting Goldman Sachs in a big way...

    Blah, blah, blah . . . Perhaps you might want to read up on the NYSE "SLP" program that went into effect last October and how Goldman is involved in those 500 stocks to reap the benefits of a rebate before popping off about "their little manipulation tool" being stolen. Seriously, do you...
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    Novellus Just Missed And The Stock Is Up

    If you back out the charge for reductions in workforce and scaling back some other operations, the net loss was within the range at $0.41 You also have to understand that there is a decent short interest out there as a percentage of the float . . . 7.8%
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    Will I get filled GE Bid 11

    Why not just trade the stock TECHNICALLY and get long above last Thursday's high at 11.00 instead of worrying over blah, blah, blah?
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    Ewj: elliott wave

    SPX setting up for a most BULLISH close! And rallying in a broader sense without much help from the OIH for a change! :)
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    Cheney Above The Law?

    The current "Cap & Trade" Bill that passed the House of Representatives is so "watered-down" and gutted that the Federal Government is giving away FOR FREE 85% of the pollution rights (credits). Ideally, these credits should have been AUCTIONED off, but they aren't . . . Instead, the "Cap &...
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    Goldman Sachs upped to buy by Meredith Whitney

    Leave it to the idiots of ET to not understand her "call", which I might say is the first bullish call that she has issued in her new shop. She's still bearish on the sector, but she's very bullish on debt issuance ( which states and munis and everyone and their brother will be generating the...
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    Cheney Above The Law?

    You don't even have a clue what the "Cap & Trade" Bill that came out of the House is about in the first place . . . You call it a tax, but you have ZERO clue as usual. Do you ever post anything of substance here on ET, or is it ALL BS ALL THE TIME?:D
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    Goldman Sachs upped to buy by Meredith Whitney

    Says who? An anonymous internet poster that doesn't even trade for a living? I'd say that Miss Whitney has a pretty decent track record . . . much better than you! :D
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    Cheney Above The Law?

    WASHINGTON (Reuters) – The CIA withheld information from Congress about a secret counterterrorism program on orders from former U.S. Vice President Dick Cheney, a U.S. senator said on Sunday amid calls for an investigation. Democratic Senator Dianne Feinstein told "Fox News Sunday" that CIA...
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    BTU Trading Machine!

    Trust has nothing to do with this. You continue to make that claim and implication, but it is meaningless. And again, most investment banks have been participating in some sort of electronically automated program trading for the past 20 years, either as an "agency" or "principal". In my...
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    BTU Trading Machine!

    Goldman's role as an "SLP" is further confirmed by the amount of PRINCIPAL Volume as a percentage of total program trading volume . . . where Goldman's "principal" program trading volume jumped from 58% to nearly 95% at one point. See chart below.
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    BTU Trading Machine!

    Check out the chart below that shows Program Trading as a percentage of Top 10 program trading PRINCIPAL Volume. Notice the jump in volume by Goldman after the "SLP" program was announced in late October of last year . . . from 22% of the Top 10, to 55% of the Top 10 program trading houses.
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    BTU Trading Machine!

    This might come as news to you, but the trading software that Goldman is using to rake in "tens of millions a year in profits" applies to being a Supplemental Liquidity Provider, frequently called "SLPs". They are high-volume members incented to add liquidity on the NYSE by way of receiving a...
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    BTU Trading Machine!

    I think that you need to do some research as to just what an I-Banks equity derivatives trading desk does, for it clients, and for its prop account. They do everything from stock-index arbitrage for their clients and themselves . . . to program trading for their clients as an "agency" trade...
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    ABC felt the need to clear up the Obama pervert photo

    First off, being personable has nothing to do with being an effective leader. But I'm not surprised that you would be able to make such a distinction. Bush may have been personable, but except for "Operation Iraqi Freedom" he chose not to lead . . . he simply chose to sit back and preside...
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    ABC felt the need to clear up the Obama pervert photo

    Nuttin' like a Texas frat-boy who became the 43rd President of the United States of America and spent > 500 days of his term on vacation. :D :D :D
  18. L

    Obama to nationalize GE?

    Duh... And that has absolutely NOTHING to do with the fact that the market has been down 4 CONSECUTIVE WEEKS, right? But for you, GE has dropped 10% because of fears of the Government "nationalizing" GE. The logic here at ET is too funny. :D
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    ABC felt the need to clear up the Obama pervert photo

    It's easy dude. All you have to do is TURN OFF your TV set. In fact, see how many days you can go without watching it . . . You might enjoy the difference it makes. :)
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