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That's shocking - and kinda funny. But why are they buying Buicks? Are their domestic cars that bad? Or is it one of those things that got lost in translation and they think Buick is like an American Ferrari or something? I've heard a lot of them think NJ is paradise too.

Yes...what Baron said. You have three potential paths from here; 1) Assess, Adapt, Overcome. 2) Crow about the inhumanity of it all and continue to fork over your money 3) Quit There are few here on ET that haven't had the exact same experience as you overnight. Everyone handles it differently.

I don't get Showtime but am a big fan of Paul Giamatti. We're trying to find a way to get it without having to subscribe to Showtime just for this show...maybe on Netflix or Amazon prime or something.

LOL. China doesn't buy Buicks. We don't even buy Buicks.

http://www.snopes.com/jared-price-powerball-winner/

There isn't a real reason to collapse. There are ALWAYS reasons to be worried. Every major bull run has climbed the wall of worry, but no one talks about it much when we are headed up. Every day, all the prognosticators have to assign something to the "reason" we're going in the direction we...

What was he thinking hiring those two rogue employees to sell homes in that neighborhood? Do you think he even called their references - I bet not. Then, the nerve of them to charge higher interest rates to people with worse FICO scores. I'm also hearing there's a Dairy Queen in Missouri with...

Is there an "LOL" missing from the end of this?

I think the lost productivity the last few weeks from all the news organizations profiling "how to spend your winnings" and similar stories - rivals that of March Madness. It reminds me of some newbs that arrive here having made 4% in a day and extrapolating that forward every day til they...

Campaign fluff.

In 2008, we had the housing market - and everyone knew that it was a bubble. I would have been short that from about 2003 and probably would have been wiped out for being so early. I don't see anything that rivals 2008 today, not even close. China has a legitimate expansion happening and 6%...

Yes...I remember that now! Here's hoping for a better second week.

It sounds like you are talking about selling a spread and just leaving it alone?

Robovault! Florida really is a crazy place!

I think it has to do with whether traders believe there is a legitimate or fundamental or systemic issue with the US economy. I don't recall all of the catalysts for August, but I think it was more on the home front and more real. The timing of the first interest rate hike was in play and we...

To be fair, the question is a bit one dimensional - and a bit nonsensical - if that's a word. Options are far from one dimensional, nor do they occur in a vacuum. The concept of explicitly buying (or selling) them and systemically holding to expiry is not practical nor engaged in by nearly...

Early on you wrote.... "The market in China is made up mostly of inexperienced retail investors and traders so it runs on emotion and is probably the least reflective of actual underlying business and economic conditions of any stock market in the world." Then the rest of it is about how we're...

I do not day trade futures. Not sure (from my post) where you got the impression that my friend was guessing. I wrote "when his criteria are met". He has an elaborate system that he has honed over the years based on a series of metrics and conditions. The guy is loaded. The point of my...

Lots of trial and error over there. All in the midst of some of the shakiest accounting in the world representing equities traded by very superstitious and emotional folks.