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    S&P cuts U.S. ratings outlook to negative

    Obama: Tell my lapdogs at CNBC that the US will NOT default on its debt. That this S&P BS is BullCrap and that the US is Strong and needs me for 4 more years. Biden: The reporters and their on air guests are already programmed to do so, Sir.
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    S&P cuts U.S. ratings outlook to negative

    Buying opportunity for Timmy and Ben! Back up the truck Timmy!
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    Why do homebuilding stocks always go up on lousy housing data?

    QE2/3/4...../ the ben bernank...reminds me of one of the naked gun movies...I think in the beginning...there's huge explosions going off...and frank (leslie nielson). Says..."nothing to see here, keep moving". Markets fine. Sub prime is contained, plunge protection has unlimited buying...
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    Mid-Point Peg

    Anyone familiar with the Nasdaq OMX BX mid-point peg? and what the cost associated with it ?
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    What did I miss, I went to take a dump and markets crashed

    CNBS vocabulary says thats a "buying opportunity" lol
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    Any NYC friends here who are interested in HFT?

    I don't think I was promoting anything. I was just saying you don't have to be a techie/IT geek to do HFT. Should I have just come out and said YES without anything to support my belief? And those who wanted to know how it was possible, have PM'd me and I've provided them with very helpful...
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    Any NYC friends here who are interested in HFT?

    Thats not entirely true. My firm provides HF services/execution for many trading firms with different disciplines and being a "techie or IT person" isn't a prerequisite. It is applicable to many prop firms regardless of what front-end execution system they are using. PM me if you would like...
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    Why did we stop at down 998 Dow pts?

    To clarify to the masses.... http://www.nyse.com/press/circuit_breakers.html
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    Why did we stop at down 998 Dow pts?

    Actually... the halt on the NYSE would have been about down 2150. Then the exchange would have closed for the day.
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    If the economy collapses, are you prepared?

    We'll all be fine. Probably another bailout program to save the day (short-term). Cash for F'd-ers.
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    Important, all traders read, "issues"

    Careful about using the word FLASH here. People will jump all over you. lol
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    Freddie Mac acting CFO found dead at home

    actually... rumors are coming out that he was asked to step down by Obama... and wouldn't... and a presidential motorcade was seen fleeing from the house early this morning. Welcome to the "New Policy". I'm guessing he was a very by-the-book CFO who refused Geithners "Mark to Whatever makes...
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    Who cares what Mike Mayo says!

    I think he's at his 3rd firm in the last 12 months.. Who would hire this guy? He's been completely wrong the whole way down.
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    # of current daytraders...

    if we are talking about frequent traders (those of us that stare at our monitors from 8-4, have several monitors, pay for news/quote services, trade through a prop firm etc.)... then I would be surprised if the number wasn't AT LEAST over 100,000.
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    # of current daytraders...

    maybe they can just add up the number of people who get their K1's in mid april. lol
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    GMAC opens doors to subprime borrowers

    If at first you don't bring down the Economy, try again? Lets keep giving money to people, who we still know, will never be able to pay it back. unreal. Apr 02, 2009 04:30 AM GMAC Financial Services says it will lower vehicle financing costs and resume making loans to subprime...
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    GM Wagoner steps down

    Just a matter of time before "the administration" starts asking other recipient CEO's to "step down" I guess the board of directors/shareholders have no powers anymore. Who's next? Pandit ? Lewis ? anyone care to throw out a guess?
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    ? about NYSE imbalances

    The stock direction won't always follow the imbalance... There are many other factors involved. If it did, Every 8th grader with a calculator would be a stock trader. lol. The MOC Imbalance simply matches buy and sell orders at the price that maximizes the amount of tradable stock.
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    ? about NYSE imbalances

    Market on Close imbalances begin disseminating on the Floor of the NYSE at 3 pm everyday.
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    Russell rebalance / MOC's

    Wow. I glad i missed that one. Anyone know what stock it was... so i can short it on Monday off the open? :D
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