How Do You Research Stocks?

When every single graph is completely busted?

Also, for you non-traders, this is what panic on Wall Street looks like. The Dow dropped 400 points in 5 minutes after the bailout failed.

Ministry, "Thieves"

No other song fits the feeling right now better than this... dedicated to the fine "leadership" in this country.

Thieves, thieves and liars, murderers
Hypocrites and bastards [in laughter]

Hey thanks for nothing!
Morals in the dust
Two-faced bastards and syncophants
No trust

Thieves! Liars!
Inside, outside, which side, you dont know
My side, your side, their side, we dont know
Which side are they? which side are they?
Which side of their mouth do you suppose that it came?
Which side are they? which side are they?
Which side of the grass is greener?
Inside, outside, which side, you dont know
My side, your side, their side, we dont know

Youre like a great big fucking gun,
Just waiting to get squeezed!

Breathe, forfeit erection!
Toxical injection
Geriatric fuck-fest
We still believe in lies

Thieves! Liars!
Inside, outside, which side, you dont know
My side, your side, their side, we dont know
Who started it? who started it?
Which side are they? which side are they?
Which side of their mouth do you suppose that it came?
Which side are they? which side are they?
Which side of the grass is greener?
Inside, outside, which side, you dont know
My side, your side, their side, no one knows

Youre like a great big hit of acid,
Waiting to be taken!

The RO Report, "Stock Market Crash" Edition

Well, not exactly. We were down 7% on the day, 777 points. Unlucky sevens.

For the RO, it was a bloodbath early, followed by good profits at the close.

This country has turned into a cartoon. You know, I respect all the "nay" votes today if those votes were speaking for their constituencies. However, I think it's posturing. If those fucking Congressmen really cared for their constituencies, this shit wouldn't have happened in the first place.

Voting for deregulation forever, this is what you get... so don't try to pretend suddenly that you're "saving" anything. There is nothing worse than hypocrisy.

I'm kind of speechless actually, so I'm gonna go get some dinner and clear my head.

Out of 20 traders, 17 finished positive. 16 traders finished up over $1,000 gross. I was #14 of 20.

Here are today's Bosses:

1. Trader Z, $85,146 on 378k shares traded.
2. Trader D, $81,178 on 902k shares traded.
3. Trader A, $55,406 on 732k shares traded.
4. Trader K, $22,995 on 130k shares traded.
5. Trader C, $22,727 on 210k shares traded.

And the Manservants:

1. Trader H, -$21,836 on 14,700 shares traded.
2. Trader 1, -$692 on 16,400 shares traded.
3. Trader T, -$252 on 5,700 shares traded.
4. Trader 3, $386 on 4,600 shares traded.
5. Trader O, $1,650 on 12,600 shares traded.

The Stock Market Crash Of 2008 (Game)

(BUMP) Since I was a few days early, I thought I'd revisit this post. Also, to clarify, we'll need a 10% drop intraday to meet the "crash criteria."

Okay, it's that time of year again...

All you have to do is name the date of this year's stock market crash.

Winner gets vodka with "Comrade Fly" at the Russian Tea Room, paid for (generously) by "Comrade Fly."

I'll start... September 24th.

HIGHLANDER IS VERY CLOSE TO "WINNING."

OMFG! The Market Is Crashing...

"Not a great time to make an ideological point."

Maybe the smartest thing Bob Pisani has ever said.

Art Cashin, September 29, 2008

"Never bet on the end of the world, it only happens once. But it may not be a bad idea to find a bomb shelter."

Short Sellers Ruin Wachovia

Or not... again, if they extend the short-selling ban past October 2nd, they're working with blinders on and just looking for scapegoats.