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If Geithner has any cojones, he would get his revenge on Standard & Poors by driving S&P futures up 50 points tomorrow. How much would it take? Peanuts. Joe Public cares more about the stock market than the bond market, and he would be using Standard & Poors own instrument against them.

Cost- Hope everything is OK. Would love to hear your current views on the markets.

IWM went up from 85.84 to 94.35 during the last second of the day, but closed at 85.90. IJH dropped over 1 point during the last second of the day to close at 100.04, then immediately jumped back up over 101 at 4:00:01 The SEC should investigate this one. Looks like someone was unwinding...

A plumber gave me a $200 bill for a one hour job. I told him- "My doctor charges less than that". He said: "I know. I used to be a doctor"!

Six Point Plan 1) lower capital gains tax rate 2) lower dividend tax rate 3) lower marginal income tax rate on bottom 99% 4) raise marginal income tax rate on top 1% 5) lower corporate tax rate 6) introduce VAT tax. Needed to get tax revenues from those who work "off the books".

"They've created a nation of spenders, speculators, and consumers" Schiff should also add to the list: spenders, speculators, consumers and useless media pundits.

The buyers used a market order and were screwed. Who would think a 100 share market buy of CSCO would move the price over two points? The system is broken.

Over 37 million shares of Cisco traded on July 29. Only 41,100 shares traded on the Amex, and there were six clearly bad trades of 100 shares each. At 10:41:33, Cisco jumped to $26 from $23.37 on 100 shares and no news, six other orders for 100 shares each crossed on NYSE Amex at prices...

Looks like a reasonably good value, but the discount was 50% in December 2008.

Why not work as an investment advisor for another firm and take CFA level II and III. The other alternative is to just grow your own portfolio if you can really triple it every few years.

For most of the period from 1942-2003, the largest conservative party in Canada was the Progressive Conservative Party. I am conservative on most issues, but believe in a graduated income tax system. We have a graduated income tax for the bottom 99%, but a flat tax for the top 1%. If we...

What is unfair about Obama's plan is that the marginal tax rate for someone making $275,000 is the same as for someone making $27 million. Why not lower the 39% down to 38%, but add another bracket of 45% for those earning over 1 million, and 50% for those earning over 2 million. This...

How about this version of a fair tax First 200k exempt from income tax. This is probably over 80% of the people. They would still pay FICA. From 200k+ to 1mm, tax rate is 50% over 1mm, 60% When the income tax was introduced in 1913, it was only paid by the super wealthy. Time to...

My last post (and one of S&P's web pages) are incorrect. There is a note on the S&P site saying that PCLN was offically added to the index at the close of November 5.

I just discovered this thread today. Too bad it is shutting down. I have a question about the first system proposed. The announcement date for PCLN was October 29, but I don't see PCLN officially added yet on the S&P web site. So shouldn't the system still be long PCLN (at around 162.62)...

Thenmozhi "Gayatri" Rajaratnam (died 21 May 1991) was the assassin who killed Rajiv Gandhi, herself, and 14 others in a suicide bombing on May 21, 1991, in the Indian town of Sriperumbudur, near Chennai. An associate of The Liberation Tigers of Tamil Eelam (the Tamil Tigers), Rajaratnam was also...

Will investors in the Galleon hedge fund have to return any illegal profits from 2007/2008?

The China indexes are up considerably year to date. But they are down 54% from October 2007, and earnings/revenues have grown since then and continue to grow at 8 to 10 percent a year going forward. Depends on your time horizon. Compared to US and Europe, China seems a good long term bet.

Bank failure facts 1) According to the FDIC, from 1934 through 2007, there were only two years with no bank failures, 2005 and 2006. 2) The year during that period with the most bank failures was 1989, with 534. 3) During the savings-and-loan crisis (1986-95), 2,377 banks failed...

list of bank failures in 1989: http://www.justaskasa.com/wp/?p=1118 Compared to then, banks today are in much better shape.