Jimmy Goodwin

This Isn't a Bottom, It's a Disturbance in The Force

"Do you expect him to tell the truth when our economic system is based on FALSE confidence?"

No, but there's no need to lie in such a convincing way, fooled the same people that he was trying to help.

This Isn't a Bottom, It's a Disturbance in The Force

I got a feeling the G7 will conspire to let the market bottom out a little more before releasing their super plan, so it has the intended impact. Bet you my $5 nothing is actually done on Monday, probably not till the following Monday. I would bet more, but that's all I have left after trusting the president, "we are not going into recession" were his confident and precise words, what a monkey.

This Isn't a Bottom, It's a Disturbance in The Force

Looks like America was playing daft all along, suckering more countries into their black hole so they could then, you guessed it, lend even more, about 10 trillion dollars I bet. America needs to give into the natural trend, have the dollar crash, hand the baton to Asia and be done with it. Not let all the world suffer for possibly years till a radical unforseen set of solutions is found to keep them in power, this isn't a war but I feel its seen this way.

NYSE Short Interest Hits Record Highs... Again

If the second largest financial institution can fail, E*trade easily can.

NYSE Short Interest Hits Record Highs... Again

Still, I'm long ETFC, great company if they survive, ETFC take up 9% of my portfolio, I'm up around 5% this year, so worth a 4% gamble imo.

NYSE Short Interest Hits Record Highs... Again

ETFC below $3.50 is bankruptcy level.

I'm surprised it has been losing so little the past few days when compared to the market. The news coming out is the worst E*Trade could have hoped for. Could hit below $1 before ETFC even get to its results day.