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The fact that it has to increase capital AGAIN within a matter of weeks DESPITE ALL THIS tells you the real story, without all this it would have to declare insovency on both a liquidity and negative equity basis. The va;lue of LEH would be less than Zero. Note these special deals are...

Thye real real news is that they won't be forced to. So far we have had 100BP of rate cuts and "treasuries for trash" extended to IB's just for LEH (FED shareholder and Fuld sits on board of NY Fed who opened the spigot). We have seen MBI and ABK keeping their AAA rating, we have seen AAA...

"works on all timeframes and all markets, including futures, stocks,and Forex." Classic promoter line, after all, why restrict the size of the potential market?

sure they are................

Agree. A quick check of the inside back flap can screen out a lot of newsletter authors vs traders. Books that are worth reading usually do not have mass (herd) appeal and go out of print. ROSO was out of print for years.

..........also they hve no one to learn from, most of the books are utterly useless rubbish written by non traders.

To put things in perspective, how many camera enthusiasts can make a living selling photographs? The gulf between amateur and professional photographer is huge.

I covered on the grounds that the govt and its agencies are encouraging and abetting cheating. They will just change or refuse to enforce the laws/regulations to prevent a declaration of insolvency. Against that backdrop there are better trades out there. LEH was not going to be another BSC, but...

Coz only the Fed has a mandate to assure banking profits.

The academic buffoon let the inflation genie [further] out of the bottle with his 300+BP of rate cuts. Getting it back in again will require rate hikes that will cause a horrible recession. I doubt that he or any President has the balls for this. Volcker got inflation under control at the...

I'm less than amazed that the SEC staffers could not get into a top law firm first time around. In case you did not know the SEC is for people who could not get into a top I-Bank or law firm from school so they go to the SEC to get the inside knowledge and contacts that will make it...

Can't have people going around insinuating that insolvent banks are insolvent. As we all know the crisis was contained all along, if it even existed in the first place it is nearing its end and there is no recession. Also US has a strong dollar policy.

Isn't that a good thing?

Coz once you are out of your teens it is no longer a big deal, secondly if you have actually lived in Bangkok (5 mins walk from Nana) for thirteen years it is no longer a big deal. Too bad you missed it, the scene is a sad shadow of what it once was.

Never knew of anyone who was sent to China by their company and is happy there. There are people there of their own free will who I presume are happy there but my observation is that most people HATE it.

I think I have had it with reading threads and posting on this site. It is now almost completely valueless. What little value there is now is in the hardware section. Maybe when their Mom stops putting their eSignal subscription on her credit card they will find something else.

Try it in Bangkok or Jakarta - see how it works.

The game is to make a controversial call that will get you noticed. Similarly very clever intellectual arguments that have nothing to do with making money also work as most of the money managers are closet indexers who would starve if they had to make money on absolute performance rather than...

Agree. Finding a trading style that allows you to get up and walk away from the PC for an afternoon or more if you want works wonders for quality of life. Also having a style that is not mission critical as far as software etc not performing as it is supposed to also helps. When I was ST trading...

The longer I do this the less active I am and the greater the % return per trade and at the overall portfolio level.