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Originally posted by Rockpuck
reply to post by mybigunit
Got raped in the Forex markets today lol.. Effin Yen ...
Anyways, no good comes from socializing debts..
If we nationalize failing companies.. why the hell not nationalize profitable companies? .. If we the tax payer will burden the debts of Frannie and Freddie, god damnit we better burden the profits of Exxon, Chevron, and so forth..
Capitalist market, Socialized Debt. Sorry, I don't play that game..
Originally posted by mybigunit
reply to post by titian
Im looking into $20 citi Jan10 calls. I think the time is getting close. Not yet but soon. Im looking at getting a hundred or so contracts. In the short term im bearish on financials but over the next year and a half Im bullish. I think this is just a bunch of fog the more bloodier I see it get.