i missed sunday discussion.do we have any fav's? i may stick to repositioning in FAS, I sold out on Fri, (then bought 500 shares AH for a current small loss ATM)

this is gonna be a tough day,it seems

sponsored by YAK financial

Thanks.for.posting stock picks, I will stop.polluting.with.political.rants...it's important though

You could be right, however... consider the fact that the money isnt the government's money at all... its ours...

so when the government borrows money, they are borrowing from each of us as a whole.

which is another reason why all this massive government debt is bankrupting you and I, because at the end of the day, we are responsible for paying the government's debts.

I've heard a figure of $100,000 of debt payments by our kids in their lives. Think about what that 100,000 could've bought them or could've done invested over their lifetime...

I appreciate.the fact that this board's.members.are.quite.intelligent.

I also believe that it is intelligent and thinking people to overcome the greed and corruption of washington (and a bit of wall st's as well) by sowing the seeds of warning and oversight.

For one day, these people of the United states will wake up one day owned by the Chinese. It can happen. And on the back of all this massive deficit spending, it will.

The Case for a Federalism Amendment - WSJ.com
http://online.wsj.com/article/SB124044199838345461.html

I dont take things personally, nor do I debate the fact that both parties are indeed "F'd up". Both parties got into how much money can I spend mentalities.

Away from Conservative roots, away from the founding fathers' intentions, and away from the very Constitution by which this aberration of a federal government claims to uphold.

We the people have to unite and say ENOUGH IS ENOUGH. Federal Government MUST BE LIMITED IN SCOPE.

The Case for a Federalism Amendment - WSJ.com
http://online.wsj.com/article/SB124044199838345461.html

I agree, however, Obama's budget is UNPRECEDENTED in scope, amount, and degree of deficits.

According to the Congressional Budget Office, the annual INTEREST CHARGE for all this debt will approach $800 BILLION dollars. Remembering that the max deficits ran year-to-year under Bush was $500 billion.

We need to start RE-READING quotes from the countries founding fathers.

Here's a few pertinent ones:
We must not let our rulers load us with perpetual debt. We must make our election between economy and liberty or profusion and servitude. If we run into such debt, as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our calling and our creeds...[we will] have no time to think, no means of calling our miss-managers to account but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow-sufferers... And this is the tendency of all human governments. A departure from principle in one instance becomes a precedent for[ another]... till the bulk of society is reduced to be mere automatons of misery... And the fore-horse of this frightful team is public debt. Taxation follows that, and in its train wretchedness and oppression.

Heres a pertinent Ben Franklin quote:
When the people find they can vote themselves money, that will herald the end of the republic.

Obama's continuing the bankrupting of the USA.
...if you havent figured that out yet.

They want to:
- increase taxes on companies 'shipping jobs overseas'. ie, XOM, PM, so they just pick up shop and move.
- increase taxes on repatriating money. so, companies cant bring their profits back here to build new facilities, hire more AMERICAN workers.
- increase taxes on >250K. so, smaller businesses pick up and MOVE to canada. or ireland. or singapore.

Its funny how the people on the left keep saying that Republicans need to be more inclusive, to abandon the hard right. However, Republicans ran THE MOST LIBERAL REPUBLICAN WE HAVE and still lost.

Republicans have to get back to Reagan Conservatism. Fiscal conservatism. Cut taxes, don't raise them. Reduce gov't, don't continue funding massive fed gov't growth.

Reform the education system to TEACH KIDS VALUABLE JOB SKILLS, and not HOW TO BE OBEDIENT GOVERNMENT CITIZENS. Stop indoctrinating our kids, and TEACH SKILLS. How about teach economics? Libs want sex education tought, how about economics?!

Its ASININE what the liberal Democrats are doing to this country, with a voting public that are starting to understand that they can VOTE THEMSELVES MONEY.

Ya think? maybe its the way towards true economic recovery, instead of turning our economy similar to UK, with stagnant growth. An abysmal health care system.

Kudlow should run for senate, IMO... he's got 10 times more understanding of economics than ALL the damn senators up there.

I am 100% in favor of TAX BREAKS to bring manufacturing BACK TO THE UNITED STATES.

I am also 100% in favor of a TAX HOLIDAY FROM THE 40% TAX that is imposed on MONEY coming back into our economy.

But this administration has made business their enemy, because they believe GOVERNMENT IS THE SOURCE OF WEALTH.

but also, the main problem in the USA is that we aren't producing anything.

financials at their peak were 40% of our GDP, that's all paper money... why THAT doesnt cause inflation, I'd like to know.

We can't all just sit around trading stocks with each other and truly produce something that somebody else wants.

On the other hand, frankly I like making 3G a day watching stocks go up.

you know... in that video, they mentioned the issue of short selling,

remember me questioning why would you short SRS instead of just buy URE?

one fellow in that video summed it up exactly... when you short a $100 stock, the most money you can make is $100... you can lose an infinite amount of money though...

when you go long on $100 stock, the most money you can lose is the $100, but you can make an infinite amount.

btw YAK, thanks for pointing this out, I may make it normal watching, and use it to get other friends of mine into the markets.

it wierd... like an echo...
echo...
echo...

HALLO...
hallo...
hallo...

anyone using TDAmeritrade for options trading?

or should I consider moving to a different broker

Yeah I laughed at that too ROFL

BAC: sold $3B in non-FDIC insured debt... good news I think

JNJ is definitely geezer,and baby-boom gen is gettin old.

also opened up position in 3x-tech-index-bull-etf[TYH] today on weakness.

YAK, where do you get those heatmaps?

CNBC: institutional investors seem to like REITS

modest levels of new construction, just weakness in economy contributing to lower revenue

I like NLY, fat dividend.

will probably start playing URE/FAS next week

haha some can be FOS!

I bet the farm on FAS...portfolio up 93%.

wow, I've been riding FAS since ~6.5, in out, in out, scalping all the way, letting it run, etc.

its been quite an amazing week in financials.

time for happy hour!

I remember somebody buying FAZ on margin... still have it? I remember the last time I did that.... got margin called right out of there for a nasty nasty NASTY loss.

how's the ABK working out

I've heard <10:30 is amateur hour. Even though sometimes I resemble that comment

there's PGF for the financials

very nice dividends at 13%, it holds a few banks' preferred shares, although if they convert from preferred to common, i dont know how it would affect this ETF.

wow..i missed that bottle rocket...

YAK which stock?...the chain is soooooo long

dude I wish i'd seen that DOW alert you put out... ah well.

Btw,BusinessWeek reported 3000000 unfilled jobs...
contains a video w/story: http://www.businessweek.com/magazine/content/09_19/b4130040117561.htm

Gist of it is that theres a lot of skilled job openings not being filled, for instance, in California because of the real estate market, one applicant said 'no, thats geographically unsuitable'...

BusinessWeek claims that might not be good, that the real estate market is preventing mobility and encouraging people to move to better jobs.

My opinion... when you have high skill workers hanging out, maybe we're cooking up something else to make money, instead of workin for the man

This looks like an interesting board,however I see a lot of Off Topic discussions that get in the way of sifting through to make money... FYI...

I just applied for a Citi platinum and got it... living in Orlando. Don't have an 800 score either.

Remember you're not 'owed' a credit card just because.

FAS nHOD I'm in... with a tstop

When Obama's on, tighten up your sphincter, cause you know what's coming next...

FITB up 50%?! thats confidence returning to the financials.

he's using up his appearances. media is too happy to oblige. this will start becoming negative for him. he's already been on prime time more than G.W.Bush and Clinton combined. (supposedly)