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And yet it is +$72 and you have been proven wrong day, after day, after day, after day . . . You obviously don't TRADE oil and have no clue what you are doing.

The market continues to act well. OIH powering higher.

Wow, all of this arguing over a "beauty" queen . . . Some of you guys could use a LIFE. :D

OIH continues to hang in there, hovering around Mup's 110 target.

AAA has ZERO integrity. He is a pussy that runs away and hides like a 2-year old. http://www.elitetrader.com/vb/showthread.php?s=&postid=2399376&highlight=PUSSY#post2399376 And that's a FACT. :p

S&P slowly sinking due to the results of the Treasury Auction of 10-year notes at 3.99% that came out at 1PM EST - - - with a long "tail". Not good. Beige Book due out later.

And guess what George Bush and his deficits (not even taking into account "Operation Iraqi Freedom) has cost an American family of four? Do you even have a clue? Or do you not want to talk about the deficits and national debt that Bush ran up...

Spoken by someone that kept posting month after month about how the "fair value" for crude oil is $35.00 You have no credibility. Go home.

Spoken by someone that continues to RATIONALIZE market behavior, and who doesn't TRADE. If he really did TRADE, he would only care about PRICE activity.

You obviously know NOTHING about the Saturn brand, or Roger Penske for that matter. I wish that ET wouldn't allow kids to use ET as their internet "playground".

Yawn.

As a "paper-trader" you obviously live in Fantasy Land. Right now, crude oil is nearly 40% above your $50.00 number and 100% above your so-called "fair value" number for Crude at $35. In fact, it's been SUSTAINING TRADE > $50.00 since March 17th. You obviously don't trade for a living...

Aside from the OIH gapping higher and being a great short for the first hour of trading, not much going on today. Have a great Weekend everyone! :)

Again, the biggest problem in California is the fact that the State Constitution requires a 2/3 rd's super-majority. You have to start there. People who don't actually LIVE and WORK in the State aren't really able to comprehend just how big of an issue this is.

Sad . . . but true. Yet another example of how far down the toilet ET has gone in the last year.

Fair Value? Blah, blah, blah, blah . . . Words spoken by someone that obviously doesn't trade crude oil. In fact, it's the same old "broken-clock" crap from ET's resident prognosticator who doesn't TRADE at all.

Seems like even the moderators on ET don't even TRADE . . . they just post! :D

Terranova is now working for Burgess Investment Partners as an alternative "strategist". Before this, he was working for a fund out of Arizona. My, he sure jumps around a lot! :D

Even so, defense spending as a percentage of total GDP is only at 4.7% for 2009. In fact, it was only at 3.9% in 2005. I believe that the 45-year average is 5.5%

I disagree. California is caught in pretty much the same storm as General Motors. You have a horrible economy that is dramatically cutting the corporate tax revenues (sales) while the pension expense and health benefits for State employees is a very large part of the budget that...