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Hank Paulson ? I would put him on the same level as Barney Frank. If you believe these guys can solve our problems...then I've got a bridge to sell you...

Now that the CBOT has merged with the CME, does this mean the service will get even worse ? (or better ?)

Why not quickly test this system using Tradestation before committing major resources towards building it from scratch in Java or C#, etc ?

These are the two "biggies" IMHO....especially the first one. And then the issue becomes: HOW TO HANDLE PARTIAL FILLS. What is the strategy ? Cancel the remaining order quantity ? Enter the remaining quantity as a market order ? Perform these actions conditionally based on the position's open...

Try ThinkorSwim. Great support. However, commissions not as good as IB. No API for retail traders either. You get what you pay for.

Ouch. Surf's entries are for the most part very good.....but he needs to work on those EXITS.

Exactly. Can you spell "BOGUS" ? Anything related to the Bush Admin has that word emblazoned on their credentials. That includes the Fed.

Of course not, do you think the Fed has even a shread of transparency ? How about the Bush admin in general ? Does anyone really know what is really going on in Wash, DC ? One word: BOGUS.

Great advice. Next week's price action is MOMBO critical in the determination of who's gonna win this game - bull or bear. As usual, ANYTHING can happen, but longer-term, you've got to be watching the bears as we've got a decling US dollar, tightened lending conditions, weak job market, and...

Exactly. Big Ben just wanted to put the shorts on notice: "I CAN BURN YOU". And wow, it doesn't get any better than that move....I mean put buyers were going into today feeling so flush, now they've lost a good portion of their positions.

No, but it's been renamed "Sad Money" Everyone calls in crying over the money they've lost.

Wow, if Surf didn't cover YM and CROX on Thursday, he'll probably be forced to do so today. Today's a perfect example of the unpredictability of financial markets.

In Japan in the early 90's, they cut their discount rate almost to zero. Still did not help their economy. All this move today did is highlight : The US is in trouble.

Remember "late trading" by the mutual funds. THIS IS THE SAME SCAM !! Except, instead of making trades, they are changing their recommendations !

No, that's good analysis. As I said before and your chart shows it, 12,500 is the next level, if broken, will cause some more panic. After that, 12k-even is mombo critical for any bull case here. If that goes, whew, anything could happen. This is so "fall of 1998" right now. Remember however...

Hillary is going to have such a mess on her hands, she will look so aged and ragged just after the first 6 months ! The simple solution will be to just throw money at "the problem". Let's see if she'll take the bait....and make that mistake. The alternative will be massive gov't spending...

As usual, Surf takes the heat when the Dow was +90 today, and holds instead of folding. Here's to you Surf. Stay short with close stops to handle the case of some bullshit announcement, action and/or statement from the Fed. It's almost inevitable......and of course, it will be temporary...

Bernanke is largely helpless.....the more he does at this point, the larger the mess becomes later. Had interest rates been raised earlier, it would have cooled this economy gradually. Now, market forces will cool it fast....really fast. Watch what happens when the US job market tanks....the...

Way to go Surf. Interestingly, looming on my screen is a morning intraday YM low of EXACTLY 13,000. Ominous. Cash Dow looks to blow thru 13k like the proverbial hot knife thru butter. Where are those "buy on the dippers" again ?

Art - I don't quite "get it"....Bonds are holding-up superbly here. However, we appear to be making history whereby wholesale interest rates and retail interest rates are going in separate directions. IOW, the Fed is pushing on a string.....lenders are not lending much....and if they are, there...