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Nitro is a total basket case. A high IQ type who literally has zero common sense or practical application for his smarts.

There is no fix any longer. The structural damage has been done and the two year "helium high" of all the stimulus, bailout, QE's has lost its efficacy. Beneath the surface, nothing changed, just the rate of decline slowed because there was a temporary boost in CONfidence associated with...

Agreed. ZIRP ensures that there is essentially no return on the money deposited and then a whole slew of fees attached to the account. It really is just a better deal to just keep the money under the mattress.

You're honestly looking for a pat on the back? Please. I saw this same sort of thing back in 2008-09 where guys would make vague calls, the market would drop 5%, rally 8% and they were doing this same load of bull. The extreme volatility gives both sides of the trade some momentary bragging...

Like just about everything else, I suspect another "media blackout" on this issue.

Can we just end this meaningless and bullshit metric of the official unemployment rate? As many others have pointed out, in a recession/depression like the current one with chronic long term unemployment, it's quite possible that the unemployment rate will actually improve over time as more and...

Yes, you're spot on. A good barometer for just how far we've gone down this "paper pusher economy" is to just run a tally of all of your friends, acquaintances, etc. and note how many are employed either in finance, insurance or real estate. 2008 was just the opening shot. As far as I'm...

You make Bearice sound coherent.

True. The guy averaging down would just be better served to use something simple like a 20 period MA combined with the 200 period MA. At the very least, it will keep you long or flat (since the guy doesnt want to be short). To simply, sit there and take the heat as the market goes down is...

Nine_Ender threw his little temper tantrum trying to get rid of all these absolute gems of perma-bull retardation. If you quoted this thread to him, he'd always tell you that you "misinterpreted" what he was saying or that it was taken out of context. Of course, he's not alone in this...

I agree. Obama completely misconstrued the "anti-Bush" vote as overwhelming support for alot of his campaign rhetoric. From the beginning, I felt that if Obama had taken on the banks in a meaningful way, he would have enjoyed quite a bit of bi-partisan support. They were an open target and he...

It's a good book, as was The Blind Side. The one thing I take issue with is that the Billy Beane system really hasn't done much of anything for the A' in the past 6-7 years since the release of the book. Heck, Michael Lewis might be interested in digging into the Tampa Bay Rays organization...

The special interests (aka teachers unions and other organized labor) that are scared to death of a guy like Christie.

If I remember correctly, she was a part of the crew of insiders that were buying up dilapidated buildings in and around the area proposed for the Chicago Olympic bid some years back. The kind of shit where she could literally acquire the property for next to nothing and "flip it" for millions...

You have to consider the costs in aggregate. It's a gigantic ruse to simply focus on one cost while collectively these costs are a back breaker for many businesses.

It was surreal. That Red Sox, Rays back and forth was almost like some sort of movie script. Yankees leading 5-0, 6-0, 7-0 and the Red Sox fans in Baltimore going wild, thinking there was no chance to come back. Then the rain delay in Baltimore with the Red Sox probably watching that crazy...

I couldn't help but laugh when the welfare queen made the comment that nursing is a tougher field than being a pilot. I suppose the fact that there are so many minority females in the field really lends alot of credence to that theory...not!

Tinfoil is a hard core east coast elitist/socialist. He is sort of like Krugman...IOW, anybody who disagrees with him is a moron who just doesn't "get it".

I was going to write a reply to Lindq, who quite clearly didn't actually understand what they meant by "traders". You've done a good job of putting it all together. An independent at home "trader" is not the type of personality that would be under scrutiny. It's obviously the institutional...

Who knows what the real story is with the guy, but I find it pretty frightening that within a day or two of his appearance, the press has basically combed thru his finances and released them to the public. This is really another case of shooting the messenger, while largely ignoring what...