Search results

lol.... good one.

Regarding the gov's actions: Is the gov giving away money directly to the people gonna increase spending? Yes, probably. However, since that money is not coming from an increase in productivity [aka, the people are not receiving that money because they produced more goods and services]...

Did a fall in consumer spending cause the 1929 crash? Or was the fall in spending a consequence of the crash? A recession is still a very likely thing to happen in the US, and it will be as long as the issues behind it are not addressed. What issues? Falling prices in the real...

After Bush is done, there won't be much left to destroy.

santelli's da man

Many of the emerging markets are not only a source of labor and a good place to outsource, but they're becoming a market were this companies want to sell their products too. The best example of this is China, it's a market that buys in huge numbers and those numbers grow every year [and they...

Yesterday's rate cut and today's bailout plan for bond reinsurers are probably gonna keep the market in bull mode for a few days, before everyone realizes that the problems are still there. Or... we could have another bubble start and delay the crash a little longer...

You're probably gonna regret calling that bottom too ;)

So, this stock IPO'd at $1, then halted for some days and opened again at $0.02... Aside from the IPO, $0.02 has been the all time high... It might be the next microsoft... but you have better odds playing the lotery.

Great article. I agree that most things you said are possible in the current situation, except this part. With Bernanke at the helm, it's more likely that we get hyperinflation in the name of keeping the Dow on the green.

When scalping, execution is everything. It's very easy to scalp in sim mode, getting in and out with large blocks on a live market... that's another story.

Ouch... 126 and dropping...

"Obviously the thing to do was to be bullish in a bull market and bearish in a bear market. Sounds silly, doesn't it?" Edwind Lefèvre, Reminiscences of a Stock Operator; page 74.

Legal? That's a surprise. R&D, I knew about that [I have one of those outsourced R&D jobs ;)] Protectionism. Only leads to lazy uncompetitive local companies, it happened in India, all over Latin America and it's happening to American car manufacturers. It seems like a good idea in the...

Damn government cutting rates and ruining a perfectly nice tank... Ohh well, it won't be long before the selling resumes.

That's old news around here... when passive rates don't cover inflation, you're paying them to keep your money...

Even the FED can't fight the market. Don't argue with the tape.

negative interest rates... that'll be interesting... they pay you to borrow money ...

Before 1987 Black monday refeered to october 28 1929, so it wouldn't be the first time we get 2 different events with the same name...

We're innovating. Trying to make a new tradition :D Enjoy black tuesday.