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  • Snowball
    BARRELED IN @ SBR!
    • 11-15-09
    • 30054

    #351
    VSTNQ .07
    QASP .014
    VOIG .018
    wait for HEB to see low .80s
    CHCG .60
    CSGJ 1.17
    load up on 3x bears like TYP DRV EDZ FAZ MWN BGZ SPXU etc but not until December.
    January sell off coming
    Comment
    • Snowball
      BARRELED IN @ SBR!
      • 11-15-09
      • 30054

      #352
      AVRNQ .48
      ABWTQ .14
      VSTNQ .07
      my ownly 3 Q plays right now.
      made a killin on some nice Q plays this year
      these 3 only ones I like right now.
      Comment
      • Shafted69
        SBR Hall of Famer
        • 07-04-08
        • 6412

        #353
        Japan Rebounds With 4.8% GDP Growth

        By TOMOYUKI TACHIKAWA

        TOKYO -- Japan's economy rebounded sharply in the third quarter as government stimulus measures and exports to rapidly growing Asian neighbors fueled growth that outpaced economists' expectations.
        View Full Image



        Associated Press In this photo taken on Aug. 17, 2009, people walk in Tokyo's Ginza shopping district, Japan.






        But the latest snapshot of the world's second-largest economy also included signs that Japan still faces major problems, notably the danger of another deflationary spiral, as the official measure of price patterns fell by the sharpest rate in half a century.


        Japan's 1.2% growth in gross domestic product over the previous quarter -- a 4.8% annualized pace -- was the country's second consecutive quarter of expansion, and marked an acceleration from the 2.7% pace of the second period. It was the country's fastest growth since early 2007. The figures announced Monday by Japan's Cabinet Office are adjusted for prices and seasonal factors.



        Despite the robust third-quarter report, Japanese officials said they were still concerned about the economy's strength going forward, and didn't intend to pull back plans for further spending to ensure continued growth.
        "There is no change in the severe condition of the country's economy," Naoto Kan, the deputy prime minister, told reporters after the report's release. "We are concerned about whether the economy falls into a deflationary situation," he added.


        The domestic demand deflator -- a measure of changes in prices of goods and services, excluding exports and imports -- plunged 2.6%, the fastest pace since 1958. It was the third straight quarter of falling prices.
        Another sign of concern in the report: The contribution of private consumer spending to growth slipped in the third quarter, suggesting measures to convert Japan from export-led growth to domestic-demand-led growth were facing limits. In the third quarter, private consumer spending, rose 0.7%, compared with a revised 1% climb in the second quarter.









        =
        Last edited by SBR Jonelyn; 07-07-15, 11:55 AM. Reason: image does not exist
        Comment
        • flyingillini
          SBR Aristocracy
          • 12-06-06
          • 41219

          #354
          My Brother is my Financial Advisor and handles the majority of my portfolio. I do have an Ameritrade account that I use on a daily basis just to have fun with. I just bought a 2nd weekend car from my profit of Rimm in the last 2 weeks!
          המוסד‎
          המוסד למודיעין ולתפקידים מיוחדים‎
          Comment
          • Shafted69
            SBR Hall of Famer
            • 07-04-08
            • 6412

            #355
            Set my FAZ buy limit @ 17







            -
            Last edited by Shafted69; 11-16-09, 10:04 AM.
            Comment
            • Shafted69
              SBR Hall of Famer
              • 07-04-08
              • 6412

              #356
              Stocks rise early as retail sales rebound in Oct.

              Stocks post early gains after report showing boost in retail sales, overseas markets rally


              • By Stephen Bernard, AP Business Writer
              • On 9:42 am EST, Monday November 16, 2009






              NEW YORK (AP) -- Stocks rose in morning trading Monday after a new report showed retail sales rebounded more than expected in October because of a boost in auto sales.
              Related Quotes


              SymbolPriceChangeHD27.77+0.43
              LOW22.09+0.24
              TGT49.56+0.57
              TJX39.58+0.60


              {"s" : "hd,low,tgt,tjx","k" : "c10,l10,p20,t10","o" : "","j" : ""}
              The U.S. market also followed overseas gains that were propelled by a weakening dollar and stronger gold prices, which again boosted commodities and shares of companies that produce raw materials.
              The Commerce Department said retail sales rose 1.4 percent in October, easily surpassing the 0.8 percent economists polled by Thomson Reuters forecast. It was a sharp rebound from a 2.3 percent decline seen in September.
              However, excluding the gain from autos, sales rose just 0.2 percent, half the increase economists predicted and tempering some of the excitement over the data.
              Jamie Cox, a managing partner at Harris Financial Group, said the sales growth was a good sign heading into the holiday shopping season, especially since the data were not affected by factors such as sales tax holidays and government stimulus programs that were present in preceding months.
              The data provided a truer picture of the consumer spending, which is improving but still weak, Cox said.
              The Dow Jones industrial average rose 74.90, or 0.7 percent, to 10,345.37. The Standard & Poor's 500 index rose 9.50, or 0.9 percent, to 1,102.98, while the Nasdaq composite index rose at 14.99, or 0.7 percent, to 2,182.87.
              General Motors Co. said it lost $1.2 billion in the period since emerging from bankruptcy and the end of the third quarter on Sept. 30. Despite the loss, it said it will begin to repay $6.7 billion in government loans and was seeing a stabilization in its business.
              Home improvement retailer Lowe's Cos. said its profit dipped 30 percent in the third quarter, but it matched earnings expectations. Despite the declining earnings, Lowe's said it is seeing stabilization in some of the hardest hit housing markets.
              Investors will get more insight into consumers as key retailers such as Home Depot Inc., Target Corp. and TJX Cos. report earnings Tuesday.
              Cox said the broad range of retailers, from discounters to high-end sellers, reporting earnings during the week will provide insight into whether shoppers are willing to step up their spending and move back toward more expensive goods.
              Corporate outlooks from the companies will be just as critical as actual quarterly results because they are entering the key holiday shopping season. Disappointing sales through the end of the year could halt the market's rally.
              Other economic readings on inflation, housing starts and industrial production are due out later in the week. The Labor Department also reports its weekly unemployment claims data on Thursday.




              Comment
              • ryanjep
                SBR MVP
                • 12-09-08
                • 2556

                #357
                some decent info in here
                Comment
                • andywend
                  SBR MVP
                  • 05-20-07
                  • 4805

                  #358
                  Set my FAZ buy limit @ 17
                  While you're at it, why not set a AAPL buy limit @ 50?

                  I'm sure you'll remember to file that class action lawsuit if you wind up losing money. Maybe the company is being racist, LOL?

                  SUE, SUE, SUE = The staple of the democratic party

                  The only thing you people like to do more than file bogus lawsuits is to burn flags.

                  What would our country ever do without all those leeching liberal democrats? Probably experience extreme prosperity.
                  Comment
                  • Shafted69
                    SBR Hall of Famer
                    • 07-04-08
                    • 6412

                    #359
                    Originally posted by andywend
                    While you're at it, why not set a AAPL buy limit @ 50?

                    I'm sure you'll remember to file that class action lawsuit if you wind up losing money. Maybe the company is being racist, LOL?

                    SUE, SUE, SUE = The staple of the democratic party

                    The only thing you people like to do more than file bogus lawsuits is to burn flags.

                    What would our country ever do without all those leeching liberal democrats? Probably experience extreme prosperity.

                    ANDY is a venomed sheep-biting flax-wench hath a motley-minded hedge-pig troll.



                    Comment
                    • Shafted69
                      SBR Hall of Famer
                      • 07-04-08
                      • 6412

                      #360
                      Originally posted by Shafted69
                      Sold FAZ @ 20.05. Set GTC limit buy FAZ @ 19.50

                      Looks like last hour market sell-off starting. Enjoy the FAZ runup BUZ !!!!!!

                      Chinese Solar Companies To Report Next Week:

                      MONDAY - SOL

                      TUESDAY - CSIQ <---- high flyer

                      WEDNESDAY

                      CSUN
                      LDK
                      SOLF

                      THURSDAY

                      STP
                      TSL <------ rocket fuel
                      CSIQ & TSL making a move today.


                      -
                      Comment
                      • andywend
                        SBR MVP
                        • 05-20-07
                        • 4805

                        #361
                        Shafted, you really need to lay off the watermelon.
                        Comment
                        • Dark Horse
                          SBR Posting Legend
                          • 12-14-05
                          • 13764

                          #362
                          In my opinion this market is already, and once again, kept artificially afloat. Plunge protection team. Zero trust.
                          Comment
                          • Boner_18
                            SBR Hall of Famer
                            • 08-24-08
                            • 8301

                            #363
                            I agree Dark, but you can't fight it. I don't think anyone believes this thing is fundamentally sound. Buy buy buy across the board. Don't forget to rebalance your protective puts on a regular basis.
                            Comment
                            • Shafted69
                              SBR Hall of Famer
                              • 07-04-08
                              • 6412

                              #364
                              Andy you need to lay off your sister & barn yard animals

                              you crossed-eyed buck-toothed back-woods trailer trash




                              Last edited by Shafted69; 11-17-09, 05:20 PM.
                              Comment
                              • Shafted69
                                SBR Hall of Famer
                                • 07-04-08
                                • 6412

                                #365
                                ETFC buyout rumors flying again. This time its AMTD as the acquirer.









                                -
                                Comment
                                • Dark Horse
                                  SBR Posting Legend
                                  • 12-14-05
                                  • 13764

                                  #366
                                  Bought some MOV. http://www.movado.com/

                                  And offer in to add to ACM position. http://www.aecom.com/
                                  Comment
                                  • nobull
                                    Restricted User
                                    • 11-24-09
                                    • 830

                                    #367
                                    Originally posted by andywend
                                    Shafted, you really need to lay off the watermelon.
                                    a self proclaimed retired gazillionaire wasting time slinging mud on a forum to boost ego. how's retirement from the Klan treating you?
                                    Last edited by nobull; 11-24-09, 10:39 AM.
                                    Comment
                                    • nobull
                                      Restricted User
                                      • 11-24-09
                                      • 830

                                      #368
                                      Originally posted by Shafted69
                                      CSIQ & TSL making a move today.


                                      -
                                      thanks for the input.......i've made some good coin on them
                                      Comment
                                      • nobull
                                        Restricted User
                                        • 11-24-09
                                        • 830

                                        #369
                                        Originally posted by Boner_18
                                        I agree Dark, but you can't fight it. I don't think anyone believes this thing is fundamentally sound. Buy buy buy across the board. Don't forget to rebalance your protective puts on a regular basis.
                                        great advice. very shaky recovery ahead.
                                        Comment
                                        • web_connect
                                          SBR Sharp
                                          • 04-24-09
                                          • 299

                                          #370
                                          What broker service do you guys use? I use to be ETrade. They were great, but quite a bit of fees. I got out of the game for a while, but now I'm going to go back in. I'm thinking TD Ameritrade.
                                          Comment
                                          • nobull
                                            Restricted User
                                            • 11-24-09
                                            • 830

                                            #371
                                            Originally posted by web_connect
                                            What broker service do you guys use? I use to be ETrade. They were great, but quite a bit of fees. I got out of the game for a while, but now I'm going to go back in. I'm thinking TD Ameritrade.

                                            i use scottrade. they charge $7 for market orders. if you're into options trading optionshouse.com will easily approve you for that feature. its very difficult to get options trading approval from scottrade & ameritrade.
                                            Comment
                                            • Dark Horse
                                              SBR Posting Legend
                                              • 12-14-05
                                              • 13764

                                              #372
                                              Interactive brokers. Or Zecco, if you don't need a trading platform that is as cutting edge as distracting. Zecco trading is free, as long as you have 20K in the account. Otherwise 4 or 5 bucks per trade.
                                              Comment
                                              • Dark Horse
                                                SBR Posting Legend
                                                • 12-14-05
                                                • 13764

                                                #373
                                                Market manipulation:
                                                2nd UPDATE: BEFORE THE BELL: US Stk Futures Down On Dubai Debt News

                                                By Barbara Kollmeyer


                                                U.S. stock market futures were trading sharply lower on Friday as debt problems for Dubai World spread concern across markets worldwide, and as traders nervously waited to see how a shortened Wall Street session would unfold after the Thanksgiving holiday.

                                                Futures were paring back from earlier losses that were much deeper earlier. Futures for the Dow Jones Industrial Average were last down 180 points, or 1.7%, to 10266 after earlier falling by as much as 327 points. Futures for the S&P 500 were down 24.3 points, or 1.7%, to 1026.6, while futures for the Nasdaq 100 fell 37.75 points, or 2.1%, to 1756.75.

                                                Late Wednesday, Dubai World, the city state's largest corporate entity asked creditors for a six-month stay on repayment of its $60 billion in debts. Asia and Europe markets sold off Thursday on the news, while the U.S. markets were closed for a holiday.

                                                The selling resumed on Friday in Asia, with the Hang Seng Index down 4.8% and the Nikkei 225 Average down 3.2%, their worst percentage fall since March. Markets were struggling to figure out what kind of exposure banks had to Dubai debt.

                                                Shares of heavyweights Standard Chartered PLC (2888.HK) and HSBC Holdings PLC (HBC) fell over 7% in Asian trading. The banks rank as the top two lenders respectively in the United Arab Emirates.

                                                European shares pulled back from early lows to close out the trading week, as investors started to buy up shares battered in the previous session. Some banks such as Royal Bank of Scotland Group PLC (RBS) were up, gaining 2.3% on news it had signed a previously announced asset-insurance deal with the U.K. government.

                                                "I think that people are using (the Dubai drop) as a buying opportunity," said Heino Ruland, strategist at Ruland Research in Eppstein, Germany.

                                                But U.S. markets are still expected to take a hit from the Dubai news, at least initially.

                                                "The indications are that we are going to see some profit taking, but I also think it's too early to say whether this is just profit taking or whether you will go back to crisis mode," said Lars Christensen, chief analyst at Danske Bank (DNSKY) in Copenhagen.

                                                "Investors have been taken by surprise by all of this, which to some extent surprises me because the problems in Dubai are well known," said Christensen. "This comes at a time when investors are quite nervous about valuations in general, whether we're talking equities or currencies or fixed income."

                                                Dubai's woes are providing "that shock that makes investors further reduce risk. One has to see this not only in terms of the Dubai situation, but in terms of market pricing and the fact we're nearing the end of the year," he continued.

                                                Oil, gold and other commodities fell sharply on Friday. Oil futures were recently down nearly 5% to $74.06 a barrel, while gold futures dropped 2.5% to $1,158 an ounce.

                                                The dollar continued to climb against its major rivals except the Japanese yen, as lower-yielding currencies benefited from safe-haven flows amid spreading fears of the financial fallout of Dubai's debt problems.

                                                The dollar index, which measure the greenback against a trade-weighted basket of six major currencies, was at 75.319, up 0.7% on the day.

                                                Yields on 10-year Treasury notes fell by 8 basis points, or 0.06 of a percentage point, to 3.19%.

                                                Retail will also be in focus on Friday, which marks the biggest shopping day of the year - "Black Friday" for many retailers.

                                                But Wall Street trading also tends to be notoriously thin the day after Thanksgiving, and a lack of volatility could also exacerbate any downward moves. Volume during the past four weeks, going back to the start of the month, has been below the 2009 average, with volume last week nearly 25% below average, said Dan Greenhaus, chief economic strategist at Miller Tabak & Co. one analyst at Miller Tabak.the analyst said.

                                                Stephen Pope, chief global equity strategist with Cantor Fitzgerald in London, said investors need to keep Dubai's problems in focus. "Let's be clear because many are getting this wrong. Dubai World is not the government of Dubai. It is a private company that is government owned."

                                                "The region is not collapsing, and after Eid Al Adha (the Muslim holiday) finishes on Sunday, 29th November expect more light to be shed on what is being done in the region," he said. Dubai World made the announcement after the close of markets there on Wednesday - just as Wall Street was headed off for its Thanksgiving break.

                                                He and others were critical of the timing of the announcement and the manner in which it was done. Dubai World made the announcement after the close of markets there on Wednesday - just as Wall Street was headed off for its Thanksgiving break. Markets in Dubai will reopen on Monday.

                                                Pope said the timing was "irresponsible. I see it finishing Dubai as a financial hub."

                                                "The handling of the Dubai World restructuring has been an exercise in poor communication," added London-based Gavin Nolan, vice president for credit research at Markit, in a note to investors. "An unnecessary information vacuum has been created, with investors unsure of their positions."

                                                Dubai's "spreads now have a considerable risk premium attached, and its mishandling of the episode will cost it dear when it next returns to the international capital markets."
                                                Comment
                                                • Fishhead
                                                  SBR Aristocracy
                                                  • 08-11-05
                                                  • 40179

                                                  #374
                                                  Originally posted by Dark Horse
                                                  Market manipulation:


                                                  Money in the stock market is fools gold...........

                                                  Buy Iowa farmland or invest in soybean/corn futures pronto.
                                                  Comment
                                                  • capitalist pig
                                                    SBR MVP
                                                    • 01-25-07
                                                    • 4997

                                                    #375
                                                    Just bought 10k shares of LCC this morning at $3.28, with oil plunging, and holiday travel costing more this season, the airlines will go up till Christmas. Will sell at $3.78, or put in a stop there if it blows past that #. Placed a stop at $3.08 as of now. Good luck to all.

                                                    later
                                                    Comment
                                                    • Dark Horse
                                                      SBR Posting Legend
                                                      • 12-14-05
                                                      • 13764

                                                      #376
                                                      Originally posted by Fishhead
                                                      Money in the stock market is fools gold...........

                                                      Buy Iowa farmland or invest in soybean/corn futures pronto.
                                                      Stock market is a 'den of vipers and thieves'. Governed and manipulated by the dark side, predominantly super rich Jews who only look out for themselves and their own. They buy all the political power they need, with money they print out of thin air. It's a joke, but people are too caught up in their own little drama to notice it. Their way of stealing from the people, as they have done repeatedly throughout history, is to create financial crises so that people can't buy back their loans. They do so by contracting the money supply. But, you may say, didn't they just print billions and billions of dollars for the 'bail out'? Doesn't that fly in the face of contracting the money supply? No. They gave that money only to their own. It was not for the people, but for the bankers and brokers to buy up stocks, lands, and real estate for, basically, pennies on the dollar. Pure theft. What was the stick they used this time to force the US government into compliance? (there's always a stick). A sky-rocketing, and very obviously manipulated, oil price. As soon as the government gave in, oil dropped right back down.

                                                      The stock market is a very difficult field to play if you don't understand the ways of the dark side.
                                                      Comment
                                                      • buztah
                                                        SBR Hall of Famer
                                                        • 03-23-07
                                                        • 7470

                                                        #377
                                                        Still holding all FAZ here. The GS and other fins charts are broken and headed down the other side of the mountain. Dubai is just the beginning.

                                                        Shafty, hope all is well.
                                                        Comment
                                                        • Dark Horse
                                                          SBR Posting Legend
                                                          • 12-14-05
                                                          • 13764

                                                          #378
                                                          1) banks loan money they don't have, and that doesn't even exist, in order to charge interest. Compare to loaning the same piece of gold to 100 different people simultaneously, and receive 100x interest.
                                                          2) when the economy, inevitably, comes under pressure because of this false money, and the people can't pay back their loans, the money lenders print more money out of thin air.
                                                          3) this money they give to the ... banks!
                                                          4) the people still can't pay off their loans after this 'bail out', but at least the banks and brokers can, after the plummeting stock market and real estate prices, now buy up the cheap stocks and real estate. Instead of being held accountable for their limitless greed (by loaning money they don't have).
                                                          5) the rebounding stock market creates a false 'positive' of a recovering economy.
                                                          6) The government is at the mercy of the -privately owned - Federal Reserve Bank, which prints our money and controls the money supply. In the end, while the money is worth nothing, it will still have bought all power and wealth, leaving the People essentially as slaves to the elite.

                                                          This is not some conspiracy theory. This is real. Christ was crucified because he threw out the money changers. They are back.
                                                          Comment
                                                          • capitalist pig
                                                            SBR MVP
                                                            • 01-25-07
                                                            • 4997

                                                            #379
                                                            Originally posted by capitalist pig
                                                            Just bought 10k shares of LCC this morning at $3.28, with oil plunging, and holiday travel costing more this season, the airlines will go up till Christmas. Will sell at $3.78, or put in a stop there if it blows past that #. Placed a stop at $3.08 as of now. Good luck to all.

                                                            later
                                                            Moved stop up to $3.38, heck I might just get my sell price of $3.78 today at this rate. Life is good.

                                                            later
                                                            Comment
                                                            • RageWizard
                                                              SBR MVP
                                                              • 09-01-06
                                                              • 3008

                                                              #380
                                                              OK folks, here's how I see the race to finish the year going.

                                                              1. They will run the S&P up to 1020 led by the financials of all things. Yeah, I know it doesn't make sense but then again these guys are crooks running this thing, and the charts for just about all the financials are, for the short term, telling me to buy.

                                                              2. Then after the market gets to 1020, they are going to sell it off, but only 5 to 10 percent before the Christmas rally kicks in full gear to help levitate the market going into the new year.

                                                              3. After the new year starts, watch the fvck out for falling stocks. I see a double dip coming, and yes we will eventually get back to the March lows of 2009 sometime during the 2010 year.
                                                              Comment
                                                              • capitalist pig
                                                                SBR MVP
                                                                • 01-25-07
                                                                • 4997

                                                                #381
                                                                Originally posted by capitalist pig
                                                                Just bought 10k shares of LCC this morning at $3.28, with oil plunging, and holiday travel costing more this season, the airlines will go up till Christmas. Will sell at $3.78, or put in a stop there if it blows past that #. Placed a stop at $3.08 as of now. Good luck to all.

                                                                later
                                                                Just closed position at $3.84, not a bad profit ($5600.00) for 3 trading days. It could still go higher, but IMO its about to become overbought.

                                                                later
                                                                Comment
                                                                • buztah
                                                                  SBR Hall of Famer
                                                                  • 03-23-07
                                                                  • 7470

                                                                  #382
                                                                  Good trade, CP. Still long FAZ here.

                                                                  Love this news:


                                                                  WASHINGTON (AP) -- A key House panel voted Wednesday to slap new restraints on big Wall Street institutions and to demand greater openness from the nation's central bank, clearing a significant hurdle in the drive for a sweeping financial regulations overhaul.

                                                                  Motivated by the crisis that caused a near collapse in financial markets, the House Financial Services Committee approved legislation 31-27 that would give the government the right to dismantle financial firms that pose a risk to the economy, even if they are healthy.

                                                                  The legislation also would require a detailed congressional audit of the privacy-shrouded Federal Reserve and would assess fees up front on large financial institutions to pay for the failure of their competitors.

                                                                  The action sets the stage for a full House vote next week on comprehensive regulatory changes meant as a response to the financial sector's meltdown more than a year ago. That package, set to go to the House floor on Wednesday, would include the creation of a new consumer finance protection agency, restrictions on complex financial instruments blamed for feeding last year's panic and restrictions on Wall Street compensation.

                                                                  The committee's vote, however, was closer than expected. Ten members of the Congressional Black Caucus did not vote, signaling their continuing demands that the Obama administration address unrelated joblessness issues facing the black community, where unemployment far exceeds the national average.

                                                                  Financial Services Committee Chairman Barney Frank, D-Mass., had postponed a vote on the bill before Thanksgiving because of the concerns raised by members of the caucus.

                                                                  Their absence from Wednesday's vote signals potential troubles ahead for the comprehensive regulatory package if their concerns are not addressed. Forty-one House members, all Democrats, are members of the caucus.

                                                                  In a statement Tuesday evening, White House spokeswoman Jennifer Psaki said: "The president's top priority is economic recovery and we understand the profound impact that the recession is having on the African-American community. We welcome a continuing dialogue with the CBC on how we can collaborate to implement the president's agenda to support economic growth and opportunity for all Americans."

                                                                  Wednesday's vote marked the end of the committee's work on the package that began months ago after the administration submitted its package of regulatory changes meant to avoid a repeat of last year's crisis.

                                                                  Since then, some tough provisions requested by the Obama administration have been removed or weakened through exceptions. In the case of the Fed audit and the fee assessment on financial firms, however, administration officials have said the committee was too harsh.

                                                                  As chairman, Frank faced not only Republican opposition to most provisions but also had to compromise with moderate Democrats who were not eager to go as far as Obama.

                                                                  "You make trade-offs," Frank said Tuesday. "I think our bill came out stronger than I was afraid it would given where the membership was."

                                                                  In a response to the government's rescue of the huge insurance conglomerate American International Group, the committee also approved legislation that would create an Office of Insurance Information. It would monitor the insurance industry and help detect gaps that could arise under the industry's state-based regulatory system.

                                                                  Regulatory efforts in the Senate were moving at a slower pace.

                                                                  Banking Committee Chairman Christopher Dodd, after introducing a draft piece of legislation before Thanksgiving that was panned by Republicans, has asked Democrats and Republicans on his committee to split up into issue-based groups to work out compromises.

                                                                  While Dodd, a Connecticut Democrat, initially aimed to have the legislation clear his committee this month, that could slip into next year.

                                                                  Treasury Secretary Timothy Geithner told the Senate Agriculture Committee on Wednesday that legislation to bring transparency to the global, unregulated $600 trillion derivatives market was needed soon to restore confidence in the U.S. financial system.

                                                                  The issue is difficult because the administration has asked for banks and hedge funds to trade these previously unregulated instruments on regulated exchanges. A coalition of companies that use derivatives to hedge risk -- not speculate -- have argued for exemptions.

                                                                  Sen. Jack Reed, D-R.I., who is taking the lead on derivatives on the Senate banking panel, said he doesn't believe in spelling out a series of exceptions in the legislation. He said regulators -- the Securities and Exchange Commission and the Commodity Futures Trading Commission -- should decide who is exempt.

                                                                  House Financial Services Committee: http://financialservices.house.gov
                                                                  Comment
                                                                  • nobull
                                                                    Restricted User
                                                                    • 11-24-09
                                                                    • 830

                                                                    #383
                                                                    tax loss short covering into the final days of the year. this will push the markets up artificially. be careful.
                                                                    Comment
                                                                    • RageWizard
                                                                      SBR MVP
                                                                      • 09-01-06
                                                                      • 3008

                                                                      #384
                                                                      What do you guys think of the new margin requirements on the double and triple EFTs. I see my brokers (Scottrade, and Golden Financial) are both requiring 90% on triple ETF plays, WTF? Why stop at 90 and just make it 100%?
                                                                      Comment
                                                                      • nobull
                                                                        Restricted User
                                                                        • 11-24-09
                                                                        • 830

                                                                        #385
                                                                        not a good time to be shorting. be careful.
                                                                        Comment
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