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  1. M

    Spain loses AAA rating

    Germany never? haha Whose banks willingly funded the insane real estate building boom (with loans denominated in CHF and JPY) based on the "convergence trade" in Hungary, Poland, Bulgaria, Romania? Yes, Austrian and German banks. Somebody is on the hook for this madness and it's not banks in...
  2. M

    the end of UK.. RIP.

    Children of Men - London, November 2027. This film maker's vision of the City's looks and military presence may be spot on :cool: http://www.youtube.com/watch?v=z8EPaLR2Nuw&feature=related
  3. M

    Spain loses AAA rating

    Now when is Germany going to lose AAA. That'll be the day.
  4. M

    the end of UK.. RIP.

    Nothing more amusing than seeing snobbish British aristocracy getting their pompous asses handed to them by the financial crisis.
  5. M

    CNBC says Madoff may never go to jail - LA. man gets 15 yrs for $100 theft

    Maybe the Mossad will kidnap and bring him to Israel, just like Eichmann :cool:
  6. M

    HSBC upgraded to buy at Dresdner Kleinwort

    I'm surprised these clowns are still able to do any upgrading and downgrading at all these days. Shouldn't they have fired all their staff by now?
  7. M

    Watch out, world: Americans are saving again

    Interesting hypothesis: Will an increase in the US savings rate incuce a depression in China and destroy the EUR? http://www.theglobeandmail.com/servlet/story/RTGAM.20090116.wcokedrosky16/BNStory/crashandrecovery/home In one of the biggest and most misunderstood changes in modern economic...
  8. M

    Weekend reading: The Bush boom

    What these guys don't understand is that all type of tax cuts and stimuli reach points of diminishing results. It's not a linear relationship. They could lower taxes to 0% it wouldn't triple GDP.
  9. M

    Dow May Fall to 6,000 Should Low Break, Acampora Says....

    Market not turning into a raging bull market = automatically means we'll see new lows after new lows like clockwork?
  10. M

    U.K. Treasury plans ‘bad bank’ to buy toxic assets

    Soon to be renamed to "downing street banks".
  11. M

    A couple of Hugh Hendry trading ideas

    So far so good. Still a couple months to go.
  12. M

    Peter Schiff

    Of course, and he has his own agenda with that. He is introducing clients to a prime broker (I believe Pershing) and charges people 1-3% of the trade volume to purchase stocks in foreign exchanges on each transaction. That's how he makes his money. Profiting from people's ignorance and lack...
  13. M

    Where is Jim Rogers?

    "Jim, should investors buy some gold right here?" "You know, I'll buy some gold when it goes up from here, and I'll buy some when it goes down from here". Rogers is a broken record. Yawn.
  14. M

    The Credit Crisis Financial Stocks Short Journal

    Congrats on the WFC trade. Keep it up.
  15. M

    Deutsche Bank Reports EU4.8 Billion Loss on Trading

    Which is quickly looking like a backdoor way of accessing German government bailout funds :cool:
  16. M

    Massive Manipulation Of Food Prices Alleged Given Steep Drop In Price of Commodities

    Food prices (supermarket retail items, fast food, full-service restaurants) are dirt cheap in the US compared to the UK, Switzerland or Japan. Most Americans don't realize this.
  17. M

    Worst Trading Platform Developer of 2008 Award

    You don't have to use TWS. Use any "high quality institutional" software you like using FIX. http://institutions.interactivebrokers.com/en/software/pdfhighlights/PDF-FIX.php?ib_entity=inst
  18. M

    Deutsche Bank Reports EU4.8 Billion Loss on Trading

    I hope they keep Ackermann away from trains and sharp objects. http://www.bloomberg.com/apps/news?pid=20601087&sid=amkLh2pNwIe8&refer=home Deutsche Bank Chief Was ‘Briefly’ in Hospital, Now Feeling Well
  19. M

    BAC Finds New Creative Way to Raise Cash

    This is Wall St. news? or a joke?
  20. M

    Forget about S&P 1000

    Instead of weighing opinions of "foolish" bulls and "crazy" bears, you'd be much better off with a little money management discipline. Instead, you average into losing positions, going through a 40% drawdown on a single trade in order to close it with a 4% gain. You're picking up pennies in...
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