http://www.realtor.com/realestateandhomes-detail/179-Steinmetz-Rd_Schwenksville_PA_19473_1110097619

“…do Goldman and the NYSE not have a fiduciary responsibility to announce to both shareholders and any interested parties if there has been a major security breach in their trading operations? Certainly this seems like a material piece of information: given that program trading accounted for 49% of all NYSE trading last week, and Goldman as recently as one week ago represented about 60% of all principal program trading, will this be called an issue threatening the National Security of the United States. Shouldn’t all market participants be aware that there is some rogue code in cyberspace that can be abused by the highest bidder, who very likely will not be interested in proving the efficient market hypothesis? What will happened when said bidder goes about trying to front run none other than the “Financial Institution” [GS]?”

http://zerohedge.blogspot.com/2009/07/is-case-of-quant-trading-industrial.html

Cannabis?

*disclaimer: My name is SAS and don’t listein to me cause everything I say is not true.

:P
SAS

wow bloke, chin up. i don’t like the one arm bandits.

best investment is family, health, education (real edu not sap university or govt brain washing public school), and food & seeds.

oh yeah, there is always my favorite cash crop…free markets still exist, just gotta know where :)

SAS

I like the rebalancings. Just like bringing fresh meat to a pack of lions. All those REITs suck, and they’re all going to get whacked before this is over.

Like what else would we buy, anyway? Some friggin’ hotel REITs. Yeah, right. I’d rather saw off my fingers with a steak knife:

http://globaleconomicanalysis.blogspot.com/2009/07/hotels-feel-pain-of-glut-of-empty-rooms.html

“This is indeed the tip of the iceberg. Moreover, places like Phoenix where no one in their right mind would want to go in the Summer, Spring, Winter, or Fall are going to be especially hard hit.

Yes, I am biased against Phoenix. I am not fond of dust storms, blazing hot treeless conditions, flat barren desert, or any other Phoenix attractions except when there are Spring rains every 5th year or so and the desert blooms.”

Riding the Vespa to the beach, boogie boarding at low tide, watching fireworks simultaneously from Asbury Park, Bradley Beach, Long Branch and NYC, while sitting at a beach bonfire, with lobsters and martinis. Four generations of families together sharing all the shore has to offer. Poker games under umbrellas on the sand. Hors d’oeuvres and drinks with lifelong friends on the beach at sunset.

Every time I ask myself what am I doing in NJ a weekend like this comes along and reminds me why I’m here.

Annoying ETF. The leak has something to do with its bad performance over time, but not quite as much of the impact of rebalancing the REITs it is shorting. As many REITs have pooped the bed, SRS is quick to replace those shorted shares with that of the best performing REITs. This is the true SRS killer.

I still hold all mine (banks money, which I used to have quite a bit more of). It could easily come back, but admittedly, the odds are not exactly improving at this time. Of course, we went through this about a year ago when I doubted it and it went straight to the moon. Either way, it could still make a nice shorter term trade. Unfortunately, that is not my best game. I still think the big one is gonna be playing the deflation now inflation later scenario, which could take a decade or two to play out.

Ohh nooo! We can’t buy SRS…it’s subject to volatility erosion, tracks only daily performance and is not at all suited to individual investors such as us.

Please, master, may I have some more GE?

Sheesh.

Frankly, at this point, the best investment in the US is to walk into your neighborhood casino and put it all on the pass line.