13:05 ET Dow -154.48 at 10309.92, Nasdaq -37.61 at 2138.44, S&P -19.130 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 13:05 ET Dow -154.48 at 10309.92, Nasdaq -37.61 at 2138.44, S&P -19.1313:05 ET Dow -154.48 at 10309.92, Nasdaq -37.61 at 2138.44, S&P -19.13

.

.

Monday, May 30, 2011

Goldman Sachs News - 5/30/2011

Goldman Hires Blackstone's Jaarsveld to Head Asia Mining Team
San Francisco Chronicle
May 30 (Bloomberg) -- Goldman Sachs Group Inc. hired Johan van Jaarsveld
from Blackstone Group LP to run a newly created team advising mining and
metals companies in Asia outside Japan, as mergers in the industry
accelerate. Jaarsveld will be based in ...
<http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/05/30/bloomberg1376-LLZP6W1A74E901-1S0PA8RB2RSA47MV412BMR1DHN.DTL>
See all stories on this topic:
<http://news.google.com/news/story?ncl=http://www.sfgate.com/cgi-bin/article.cgi%3Ff%3D/g/a/2011/05/30/bloomberg1376-LLZP6W1A74E901-1S0PA8RB2RSA47MV412BMR1DHN.DTL&hl=en&geo=us>

Who's to blame for gas costs?
Tucson Citizen
“There won't be another drop in the price of gasoline this weekend, and
it's due to Goldman Sachs and Morgan Stanley,” said Mark Meyer, president
of Keck Energy. On Tuesday, Goldman Sachs and Morgan Stanley, both major
investors in crude oil markets, ...
<http://tucsoncitizen.com/usa-today-news/2011/05/30/whos-to-blame-for-gas-costs/>
See all stories on this topic:
<http://news.google.com/news/story?ncl=http://tucsoncitizen.com/usa-today-news/2011/05/30/whos-to-blame-for-gas-costs/&hl=en&geo=us>

Hang Seng Bank Names Former Goldman Sachs Executive Fred Hu As Non-Executive ...
Wall Street Journal
HK) said Monday it appointed former Goldman Sachs Group Inc. Greater China
Chairman Fred Hu as independent non-executive director. The Hong Kong
lender said in a statement the appointment was effective Monday and that
Hu's term will last for three ...
<http://online.wsj.com/article/BT-CO-20110530-701892.html>
See all stories on this topic:
<http://news.google.com/news/story?ncl=http://online.wsj.com/article/BT-CO-20110530-701892.html&hl=en&geo=us>

Bank of America Settles Lawsuit; UBS, Citigroup and Goldman Predict a Nervous ...
Marketwire (press release)
UBS (UBS), Citigroup(C) and Goldman Sachs (GS) are predicting investors
will be looking for greater returns in the near future amid domestic and
global market turmoil. In the coming week, when manufacturing and jobs data
is released, the risk factors ...
<http://www.marketwire.com/press-release/bank-of-america-settles-lawsuit-ubs-citigroup-and-goldman-predict-a-nervous-market-1520075.htm>
See all stories on this topic:
<http://news.google.com/news/story?ncl=http://www.marketwire.com/press-release/bank-of-america-settles-lawsuit-ubs-citigroup-and-goldman-predict-a-nervous-market-1520075.htm&hl=en&geo=us>

Goldman Sachs appoints new international advisor
Banking Business Review
The Goldman Sachs Group has named Judd Gregg, a former three-term US
Senator from New Hampshire, as an international advisor to the firm. He
joins a group of 17 international advisors and will provide strategic
advice to the firm and its clients, ...
<http://assetmanagement.banking-business-review.com/news/goldman-sachs-appoints-new-international-advisor-300511>
See all stories on this topic:
<http://news.google.com/news/story?ncl=http://assetmanagement.banking-business-review.com/news/goldman-sachs-appoints-new-international-advisor-300511&hl=en&geo=us>

Goldman Sachs Australia partners approve buyout from Wall St parent
The Australian
GOLDMAN Sachs 141 Australia-based partners have voted unanimously to
approve the $550 million buyout of the local shop. Subject to regulatory
approval, the deal is to become effective on July 1. The merger
implementation, which a task force is working ...
<http://www.theaustralian.com.au/business/city-beat/goldman-sachs-australia-partners-approve-buyout-from-wall-st-parent/story-fn4xq4cj-1226065604843>
See all stories on this topic:
<http://news.google.com/news/story?ncl=http://www.theaustralian.com.au/business/city-beat/goldman-sachs-australia-partners-approve-buyout-from-wall-st-parent/story-fn4xq4cj-1226065604843&hl=en&geo=us>

US economy damaged more than thought by Japan quake
USA Today
Factory shutdowns and ensuing problems with getting parts have slowed
vehicle production, a move likely to drive up prices, increase unemployment
and slow consumer spending, according to recent projections from economists
at Goldman Sachs and Deutsche ...
<http://www.usatoday.com/money/economy/2011-05-30-cnbc-us-economy-japan-quake_n.htm>
See all stories on this topic:
<http://news.google.com/news/story?ncl=http://www.usatoday.com/money/economy/2011-05-30-cnbc-us-economy-japan-quake_n.htm&hl=en&geo=us>

Letter: Big Brother Myron
Memphis Commercial Appeal
Isn't it interesting that every time Memphis City Council chairman Myron
Lowery suggests a way to raise revenue for the city, he makes sure he is
also enriching the coffers of American Traffic Solutions and its parent
company, Goldman Sachs (May 27 ...
<http://www.commercialappeal.com/news/2011/may/30/letter-big-brother-myron/>
See all stories on this topic:
<http://news.google.com/news/story?ncl=http://www.commercialappeal.com/news/2011/may/30/letter-big-brother-myron/&hl=en&geo=us>

DENTSPLY International to Present at the Goldman Sachs 32nd Annual Global ...
Dentistry IQ
DENTSPLY International Inc. (Nasdaq:XRAY) today announced that Bret Wise,
Chairman and Chief Executive Officer will be presenting at the Goldman
Sachs 32nd Annual Global Healthcare Conference in Los Angeles, CA on
Wednesday, June 8, 2011. ...
<http://www.dentistryiq.com/index/display/news-display/1426895883.html>
See all stories on this topic:
<http://news.google.com/news/story?ncl=http://www.dentistryiq.com/index/display/news-display/1426895883.html&hl=en&geo=us>

Shell Programming for Beginners http://ontwik.com/linux/shell-programming-for-beginners/ (http://bit.ly/iREokx) #guru

@newsyc50


Shell Programming for Beginners http://ontwik.com/linux/shell-programming-for-beginners/ (http://bit.ly/iREokx) #guru


Sean Corrigan Lists Four Key Catalysts Needed For The Industrial Commodities Rally To Resume http://goo.gl/fb/zchK7 5/30/2011

<a href='@InvestWatchBlog:


Sean Corrigan Lists Four Key Catalysts Needed For The Industrial Commodities Rally To Resume http://goo.gl/fb/zchK7


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Central Bank News - Colombia Raises Rates 5/30/2011

<a href='@beyondbrics:


Colombia: central bank bumps rates http://on.ft.com/mx7pUf


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@irenealdridgeNew Zealand Dollar Hits 26 Year High: The New Zealand dollar touched its highest level in 26 y... http://bit.ly/m4yGUC #finance #trading

@infowarsstories


Too Big to Fail: A Fascist Fairy Tale: Jens C. Kolbjørnsen | Criminals behind what to most people appears to be ... http://bit.ly/kNxECA


Chicago Mercantile Exchange Sovereign Yield Spreads - 5/20/2011

Courtesy of Twitter's: @Bond_Wimp

Central Bank News - Belarus Lifts Rates 200 basis points to 16%!~

 CentralBankNews.info 

Reuters Hedgeworld - May 30, 2011

Headlines for:  May 30, 2011

Court Papers Reveal FBI Has Eyed Loch Capital Founder Since 2009
05/27/2011 5:43:48 PM ET
NEW YORK (Reuters)邑hen federal agents raided the offices of Boston-based hedge fund Loch Capital Management last November, they already had evidence that one of the hedge fund's founders had obtained "inside information," according to a court filing. Todd McSweeney may have used the information from a so-called expert network firm to engage in wrongful trading, according to a wiretap application.

Hedge Fund Chiefs: Short Green Tech, Store Gems
05/27/2011 5:26:06 PM ET
NEW YORK (Reuters)唯et against solar energy, says famed short seller James Chanos. Squirrel away gems, advises bond guru Jeffrey Gundlach. Go long on discount retailer Family Dollar, counsels activist investor William Ackman.

Lipper: U.S. Commodity Fund Inflows Slip to $1.3 Billion in April
05/27/2011 4:59:17 PM ET
NEW YORK (Reuters)柚onthly inflows to commodity-based products and mutual funds dipped to just $1.3 billion in April, just before commodities suffered their biggest correction since 2008, Lipper data showed on Thursday [May 26].

Two More Plead Guilty in U.S. Expert Network Insider Probe
05/27/2011 4:36:26 PM ET
EDITOR'S NOTE: This story has been updated with Samir Barai痴 guilty plea and further details. NEW YORK (Reuters)輸 former hedge fund manager and a one-time Nvidia Corp.

Investing In a U.S. Budget Meltdown? Good Luck
05/27/2011 3:17:03 PM ET
NEW YORK (Reuters)裕he previously unthinkable, a U.S. debt repayment crisis, is now giving serious thinkers pause. Investors regard Treasury bills as being the safest place to put funds during in a crisis.

Short Sellers Eye Glencore
05/27/2011 12:59:19 PM ET
LONDON (Reuters)祐hort sellers are circling Glencore, just days after its record London float in a grim portent for investors seeking out protection from volatile commodities by buying shares in the sector's largest trader. Figures released on Friday [May 27] by specialist research house Data Explorers show that around 18.

Alliance Trust Buybacks Continue After AGM
05/27/2011 12:34:18 PM ET
LONDON (Reuters)輸lliance Trust spent around 」30 million ($49.37 million) this week on buying its own shares even after seeing off a shareholder rebellion aimed at committing the group to a share buy-back spree.

Senators Press CFTC to Curb Oil Speculation
05/27/2011 12:09:19 PM ET
WASHINGTON (Reuters)祐enators hoping to rein in high oil and gasoline prices slammed the futures market regulator on Thursday [May 26] for not moving faster to crack down on out-of-control speculators in commodity markets. At a meeting with lawmakers on Capitol Hill, Commodity Futures Trading Commission Chairman Gary Gensler refused to spell out when the agency would act on a rule to limit the number of contracts big market players can hold in oil and other commodities.

Sunday, May 29, 2011

New Zealand Dollar Hits 26-Year High - 5/29/2011

<a href='@irenealdridge:


New Zealand Dollar Hits 26 Year High: The New Zealand dollar touched its highest level in 26 y... http://bit.ly/m4yGUC #finance #trading


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Cash rates in Australia [Bank West 8.0885/8.9343 CBA] http://bxrat.es #forex #fx #AUD #HKD 5/29/2011

<a href='@bestaudrates:


AUDHKD Cash rates in Australia [Bank West 8.0885/8.9343 CBA] http://bxrat.es #forex #fx #AUD #HKD


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United States Taxes 5/29/2011

<a href='He has been a journalist for 49 years. He is retiring and this is HIS LAST COLUMN.


Be sure to read the Tax List at the end.


This is about as clear and easy to understand as it can be. The article below is completely neutral, neither anti-republican or democrat. Charlie Reese, a retired reporter for the Orlando Sentinel, has hit the nail directly on the head, defining clearly who it is that in the final analysis must assume responsibility for the judgments made that impact each one of us every day. It's a short but good read. Worth the time. Worth remembering!


545 vs. 300,000,000 People


-By Charlie Reese


Politicians are the only people in the world who create problems and then campaign against them.


Have you ever wondered, if both the Democrats and the Republicans are against deficits, WHY do we have deficits?


Have you ever wondered, if all the politicians are against inflation and high taxes, WHY do we have inflation and high taxes?


You and I don't propose a federal budget. The President does.


You and I don't have the Constitutional authority to vote on appropriations. The House of Representatives does.


You and I don't write the tax code, Congress does.


You and I don't set fiscal policy, Congress does.


You and I don't control monetary policy, the Federal Reserve Bank does.


One hundred senators, 435 congressmen, one President, and nine Supreme Court justices equates to 545 human beings out of the 300 million are directly, legally, morally, and individually responsible for the domestic problems that plague this country.


I excluded the members of the Federal Reserve Board because that problem was created by the Congress. In 1913, Congress delegated its Constitutional duty to provide a sound currency to a federally chartered, but private, central bank.


I excluded all the special interests and lobbyists for a sound reason. They have no legal authority. They have no ability to coerce a senator, a congressman, or a President to do one cotton-picking thing. I don't care if they offer a politician $1 million dollars in cash. The politician has the power to accept or reject it. No matter what the lobbyist promises, it is the legislator's responsibility to determine how he votes.


Those 545 human beings spend much of their energy convincing you that what they did is not their fault. They cooperate in this common con regardless of party.


What separates a politician from a normal human being is an excessive amount of gall. No normal human being would have the gall of a Speaker, who stood up and criticized the President for creating deficits. The President can only propose a budget. He cannot force the Congress to accept it.


The Constitution, which is the supreme law of the land, gives sole responsibility to the House of Representatives for originating and approving appropriations and taxes. Who is the speaker of the House? John Boehner. He is the leader of the majority party. He and fellow House members, not the President, can approve any budget they want. If the President vetoes it, they can pass it over his veto if they agree to.


It seems inconceivable to me that a nation of 300 million cannot replace 545 people who stand convicted -- by present facts -- of incompetence and irresponsibility. I can't think of a single domestic problem that is not traceable directly to those 545 people. When you fully grasp the plain truth that 545 people exercise the power of the federal government, then it must follow that what exists is what they want to exist.


If the tax code is unfair, it's because they want it unfair.


If the budget is in the red, it's because they want it in the red.


If the Army & Marines are in Iraq and Afghanistan it's because they want them in Iraq and Afghanistan ...


If they do not receive social security but are on an elite retirement plan not available to the people, it's because they want it that way.


There are no insoluble government problems.


Do not let these 545 people shift the blame to bureaucrats, whom they hire and whose jobs they can abolish; to lobbyists, whose gifts and advice they can reject; to regulators, to whom they give the power to regulate and from whom they can take this power. Above all, do not let them con you into the belief that there exists disembodied mystical forces like "the economy," "inflation," or "politics" that prevent them from doing what they take an oath to do.


Those 545 people, and they alone, are responsible.


They, and they alone, have the power.


They, and they alone, should be held accountable by the people who are their bosses.


Provided the voters have the gumption to manage their own employees...


We should vote all of them out of office and clean up their mess!


Charlie Reese is a former columnist of the Orlando Sentinel Newspaper.


What you do with this article now that you have read it... is up to you. This might be funny if it weren't so true. Be sure to read all the way to the end:


Tax his land, Tax his bed, Tax the table, At which he's fed.


Tax his tractor, Tax his mule, Teach him taxes Are the rule.


Tax his work, Tax his pay, He works for peanuts anyway!


Tax his cow, Tax his goat, Tax his pants, Tax his coat.


Tax his ties, Tax his shirt, Tax his work, Tax his dirt.


Tax his tobacco, Tax his drink, Tax him if he Tries to think.


Tax his cigars, Tax his beers, If he cries Tax his tears.


Tax his car, Tax his gas, Find other ways To tax his ass.


Tax all he has Then let him know That you won't be done Till he has no dough.


When he screams and hollers; Then tax him some more, Tax him till He's good and sore.


Then tax his coffin, Tax his grave, Tax the sod in Which he's laid...


Put these words Upon his tomb, 'Taxes drove me to my doom...'


When he's gone, Do not relax, Its time to apply The inheritance tax.


Accounts Receivable Tax Building Permit Tax CDL license Tax Cigarette Tax Corporate Income Tax Dog License Tax Excise Taxes Federal Income Tax Federal Unemployment Tax (FUTA) Fishing License Tax Food License Tax Fuel Permit Tax Gasoline Tax (currently 44.75 cents per gallon) Gross Receipts Tax Hunting License Tax Inheritance Tax Inventory Tax IRS Interest Charges IRS Penalties (tax on top of tax) Liquor Tax Luxury Taxes Marriage License Tax Medicare Tax Personal Property Tax Property Tax Real Estate Tax Service Charge Tax Social Security Tax Road Usage Tax Recreational Vehicle Tax Sales Tax School Tax State Income Tax State Unemployment Tax (SUTA) Telephone Federal Excise Tax Telephone Federal Universal Service Fee Tax Telephone Federal, State and Local Surcharge Taxes Telephone Minimum Usage Surcharge Tax Telephone Recurring and Nonrecurring Charges Tax Telephone State and Local Tax Telephone Usage Charge Tax Utility Taxes Vehicle License Registration Tax Vehicle Sales Tax Watercraft Registration Tax Well Permit Tax Workers Compensation Tax


STILL THINK THIS IS FUNNY? Not one of these taxes existed 100 years ago, & our nation was the most prosperous in the world. We had absolutely no national debt, had the largest middle class in the world, and Mom stayed home to raise the kids.


What in the heck happened? Can you spell 'politicians?'


I hope this goes around THE USA at least 545 times!!! YOU can help it get there!!!


GO AHEAD. . . BE AN AMERICAN!!!'>He has been a journalist for 49 years. He is retiring and this is HIS LAST COLUMN.


Be sure to read the Tax List at the end.


This is about as clear and easy to understand as it can be. The article below is completely neutral, neither anti-republican or democrat. Charlie Reese, a retired reporter for the Orlando Sentinel, has hit the nail directly on the head, defining clearly who it is that in the final analysis must assume responsibility for the judgments made that impact each one of us every day. It's a short but good read. Worth the time. Worth remembering!


545 vs. 300,000,000 People


-By Charlie Reese


Politicians are the only people in the world who create problems and then campaign against them.


Have you ever wondered, if both the Democrats and the Republicans are against deficits, WHY do we have deficits?


Have you ever wondered, if all the politicians are against inflation and high taxes, WHY do we have inflation and high taxes?


You and I don't propose a federal budget. The President does.


You and I don't have the Constitutional authority to vote on appropriations. The House of Representatives does.


You and I don't write the tax code, Congress does.


You and I don't set fiscal policy, Congress does.


You and I don't control monetary policy, the Federal Reserve Bank does.


One hundred senators, 435 congressmen, one President, and nine Supreme Court justices equates to 545 human beings out of the 300 million are directly, legally, morally, and individually responsible for the domestic problems that plague this country.


I excluded the members of the Federal Reserve Board because that problem was created by the Congress. In 1913, Congress delegated its Constitutional duty to provide a sound currency to a federally chartered, but private, central bank.


I excluded all the special interests and lobbyists for a sound reason. They have no legal authority. They have no ability to coerce a senator, a congressman, or a President to do one cotton-picking thing. I don't care if they offer a politician $1 million dollars in cash. The politician has the power to accept or reject it. No matter what the lobbyist promises, it is the legislator's responsibility to determine how he votes.


Those 545 human beings spend much of their energy convincing you that what they did is not their fault. They cooperate in this common con regardless of party.


What separates a politician from a normal human being is an excessive amount of gall. No normal human being would have the gall of a Speaker, who stood up and criticized the President for creating deficits. The President can only propose a budget. He cannot force the Congress to accept it.


The Constitution, which is the supreme law of the land, gives sole responsibility to the House of Representatives for originating and approving appropriations and taxes. Who is the speaker of the House? John Boehner. He is the leader of the majority party. He and fellow House members, not the President, can approve any budget they want. If the President vetoes it, they can pass it over his veto if they agree to.


It seems inconceivable to me that a nation of 300 million cannot replace 545 people who stand convicted -- by present facts -- of incompetence and irresponsibility. I can't think of a single domestic problem that is not traceable directly to those 545 people. When you fully grasp the plain truth that 545 people exercise the power of the federal government, then it must follow that what exists is what they want to exist.


If the tax code is unfair, it's because they want it unfair.


If the budget is in the red, it's because they want it in the red.


If the Army & Marines are in Iraq and Afghanistan it's because they want them in Iraq and Afghanistan ...


If they do not receive social security but are on an elite retirement plan not available to the people, it's because they want it that way.


There are no insoluble government problems.


Do not let these 545 people shift the blame to bureaucrats, whom they hire and whose jobs they can abolish; to lobbyists, whose gifts and advice they can reject; to regulators, to whom they give the power to regulate and from whom they can take this power. Above all, do not let them con you into the belief that there exists disembodied mystical forces like "the economy," "inflation," or "politics" that prevent them from doing what they take an oath to do.


Those 545 people, and they alone, are responsible.


They, and they alone, have the power.


They, and they alone, should be held accountable by the people who are their bosses.


Provided the voters have the gumption to manage their own employees...


We should vote all of them out of office and clean up their mess!


Charlie Reese is a former columnist of the Orlando Sentinel Newspaper.


What you do with this article now that you have read it... is up to you. This might be funny if it weren't so true. Be sure to read all the way to the end:


Tax his land, Tax his bed, Tax the table, At which he's fed.


Tax his tractor, Tax his mule, Teach him taxes Are the rule.


Tax his work, Tax his pay, He works for peanuts anyway!


Tax his cow, Tax his goat, Tax his pants, Tax his coat.


Tax his ties, Tax his shirt, Tax his work, Tax his dirt.


Tax his tobacco, Tax his drink, Tax him if he Tries to think.


Tax his cigars, Tax his beers, If he cries Tax his tears.


Tax his car, Tax his gas, Find other ways To tax his ass.


Tax all he has Then let him know That you won't be done Till he has no dough.


When he screams and hollers; Then tax him some more, Tax him till He's good and sore.


Then tax his coffin, Tax his grave, Tax the sod in Which he's laid...


Put these words Upon his tomb, 'Taxes drove me to my doom...'


When he's gone, Do not relax, Its time to apply The inheritance tax.


Accounts Receivable Tax Building Permit Tax CDL license Tax Cigarette Tax Corporate Income Tax Dog License Tax Excise Taxes Federal Income Tax Federal Unemployment Tax (FUTA) Fishing License Tax Food License Tax Fuel Permit Tax Gasoline Tax (currently 44.75 cents per gallon) Gross Receipts Tax Hunting License Tax Inheritance Tax Inventory Tax IRS Interest Charges IRS Penalties (tax on top of tax) Liquor Tax Luxury Taxes Marriage License Tax Medicare Tax Personal Property Tax Property Tax Real Estate Tax Service Charge Tax Social Security Tax Road Usage Tax Recreational Vehicle Tax Sales Tax School Tax State Income Tax State Unemployment Tax (SUTA) Telephone Federal Excise Tax Telephone Federal Universal Service Fee Tax Telephone Federal, State and Local Surcharge Taxes Telephone Minimum Usage Surcharge Tax Telephone Recurring and Nonrecurring Charges Tax Telephone State and Local Tax Telephone Usage Charge Tax Utility Taxes Vehicle License Registration Tax Vehicle Sales Tax Watercraft Registration Tax Well Permit Tax Workers Compensation Tax


STILL THINK THIS IS FUNNY? Not one of these taxes existed 100 years ago, & our nation was the most prosperous in the world. We had absolutely no national debt, had the largest middle class in the world, and Mom stayed home to raise the kids.


What in the heck happened? Can you spell 'politicians?'


I hope this goes around THE USA at least 545 times!!! YOU can help it get there!!!


GO AHEAD. . . BE AN AMERICAN!!!</a>


<a href='@InvestWatchBlog:


Shiff, Sprott, and Keiser, oh my! http://goo.gl/fb/bkT02


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@cate_long


Global bankers say "cross-currency credit involving maturity mismatches" and I say "hot money stuck in Asia" http://bit.ly/m49HUq


<a href='@cate_long:


Central banker admitting model breakdown --> BIS: "Translating” forecasts into repo-rate decisions – no easy task http://bit.ly/jCANtz


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"The Money Trust" -- Ever Wonder Why We Can't Audit The Federal Reserve's Books?... http://bit.ly/m2OFNa #federalreserve #finance @zerohedge

<a href='@ReboilRoom:


"The Money Trust" -- Ever Wonder Why We Can't Audit The Federal Reserve's Books?... http://bit.ly/m2OFNa #federalreserve #finance @zerohedge


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Chinese Military Admits Existence of Cyberwarfare Unit http://bit.ly/kyTQs8 - 5/29/2011

<a href='@slashdot:


Chinese Military Admits Existence of Cyberwarfare Unit http://bit.ly/kyTQs8


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GOLDMAN SACHS: $5 gas this summer... http://drudge.tw/muzewW - 5/29/2011

<a href='@Drudge_Report:


GOLDMAN SACHS: $5 gas this summer... http://drudge.tw/muzewW


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Greece Set for Severe Bail-Out Conditions... 5/29/2011 http://drudge.tw/jsEeQt

<a href='@Drudge_Report:


Greece Set for Severe Bail-Out Conditions... http://drudge.tw/jsEeQt


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Greenback Armageddon Ahead?

<a href='@VinceLanci:


RT @JWnFL: Greenback Armageddon Ahead? http://t.co/15mfMLO via @youtube


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The Greek Ultimatum: Bailout (For The Bankers) Or (Loss Of) Sovereignty http://bit.ly/iFcIu5

@zerohedge


The Greek Ultimatum: Bailout (For The Bankers) Or (Loss Of) Sovereignty http://bit.ly/iFcIu5


IMF forcing Greece to accept austerity by June 12 or no funds. If they refuse then EU must fund or they default - 5/29/2011

<a href='@cate_long:


FT: IMF forcing Greece to accept austerity by June 12 or no funds. If they refuse then EU must fund or they default http://on.ft.com/iMyYi7


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Automated Trading Miscellaneous Information

 1. Flash Orders: Immediate or Cancel orders to ferret out market information, such as market breadth & depth.

2. Exchange or Market Arbitrage :Exploit differences in not only prices, but also response time. There are nine major exchanges routing to NYSE:
new york stock exchange, nasdaq, BATS, the chicago board of options exchange, international securities exchange, the chicago mercantile exchange, boston stock exchange, the cincinnati stock exchange, new york stock exchange nasdaq match.

*Goal at #2: obtain national best bid & ask among all quote sources to arbitrage.

3. Arbitrage price discrepancies between outright contracts and exchange offered spreads.

4. Ex. NYSE trades much slower than BATS, time arbitrage.

5.

Galbraith on Goldman Sachs and the Fed - Salem-News.Com http://goo.gl/fb/fpRRz #goldmansachs

<a href='@goldmanwatch:


Galbraith on Goldman Sachs and the Fed - Salem-News.Com http://goo.gl/fb/fpRRz #goldmansachs


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Copper Price Projection for 18 months

<a href='@ibc_fn:


IWCC: Copper Consumption to Slow by 50% in the Next 18 Months - http://bit.ly/iiQ1BA


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ASEAN Competitiveness Report 2010

<a href='@Richard_Florida:


RT @karen_fu, RT @MichaelEPorter - ASEAN Competitiveness Report 2010 - http://bit.ly/jmi5Im


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Top 10 Most Popular Stocks for Hedge Funds to Trade

@optioncommander


BI: "The Top 10 Most Popular Stocks For Hedge Funds"  http://stk.ly/mAwxBK >  $C, $MSFT, $AAPL, $JPM, $GOOG, $PFE, $BAC, $QCOM, $LYB $JNJ


Peak Oil News

The U.S. Energy Information Administration (EIA) will soon terminate the collection and dissemination of international energy statistics, allegedly due to budget cuts.


This is similar to what the Federal Reserve strangely did when they stopped reporting the M3 money count.


It is likely these agencies do this when manipulating statistics becomes to obvious.


Brian Sack And The Robots Claim Another Market Neutral Victim As The Market Continues To Reward Only Failure http://is.gd/GQI6sx

@zerohedge


Brian Sack And The Robots Claim Another Market Neutral Victim As The Market Continues To Reward Only Failure http://is.gd/GQI6sx


Good Presentation & paper on using intra-day Alpha to improve trading performance of algorithmic trading - esp. VWAP http://su.pr/1MhIGX - 5/29/2011

@carlcarrie


Good Presentation & paper on using intra-day Alpha to improve trading performance of algorithmic trading - esp. VWAP http://su.pr/1MhIGX


Kansas City Fed's Hoenig Sees Need to Lift Rates http://on.wsj.com/jGMn6k

@WSJBusiness


Kansas City Fed's Hoenig Sees Need to Lift Rates http://on.wsj.com/jGMn6k


Paper on intra-day seasonality and macroeconomic impact patterns in FX market - 5/29/2011

<a href='@carlcarrie:


Paper on intra-day seasonality and macroeconomic impact patterns in FX market http://su.pr/AmvVrn


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New SEC Regulation - 5/29/2011 #SEC has approved a regulation allowing shareholders w at least 3% of a corporation's stock to nominate up to 25% of the board if directors

<a href='@Convertbond:


#SEC has approved a regulation allowing shareholders w at least 3% of a corporation's stock to nominate up to 25% of the board if directors


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<a href='@ftfmforum:


Rhodium up on Deutsche ETC listing http://on.ft.com/jPTziR


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Saturday, May 28, 2011

Screaming NetTools for Android by Google is the Sickest Full-Function Network Application Available - 5/27/2011

Screaming NetTools for Android by Google is the Sickest Full-Function Network Application Available - 5/27/2011


I manage numerous networks and do a bunch of web programming. This application is more robust than many desktop applications.


It is well worth the $4.99 it cost.


@zerohedgeMike Krieger Interviewed http://is.gd/4D3pCg

<a href='@zerohedge:


Mike Krieger Interviewed http://is.gd/4D3pCg


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<a href='http://tech.fortune.cnn.com/2011/05/18/apple-closes-at-or-near-max-pain-8-weeks-out-of-10/'>Fortune Tech: Technology blogs, news and analysis from Fortune Magazine</a>


The 20 biggest and most active Apple-trading hedge funds http://pulsene.ws/1Kp09


The 20 biggest and most active Apple-trading hedge funds http://pulsene.ws/1Kp09


@ConvertbondSmart guy smart follow @Spencerjakab #FT #ETF $TVIX Velocity Shares Daily 2x #VIX should be rented (traded) not owned

<a href='@Convertbond:


Smart guy smart follow @Spencerjakab #FT #ETF $TVIX Velocity Shares Daily 2x #VIX should be rented (traded) not owned


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The Hedge Fund Daily Report is out! http://bit.ly/gEXxbR ▸ Top stories today via @nate_petersen @daveflipboard @wesgoosen @pcworldme 5/28/2011

<a href='@AlexAkesson:


The Hedge  Fund Daily Report is out! http://bit.ly/gEXxbR ▸ Top stories today via @nate_petersen @daveflipboard @wesgoosen @pcworldme


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Quantitative Researcher, Analytical Trading – Associate Grade: New York $175 to $225K http://bit.ly/jFFtPw #Hedge #Jobs

@US_Hedge_Jobs


PhD - Quantitative Researcher, Analytical Trading – Associate Grade: New York $175 to $225K http://bit.ly/jFFtPw #Hedge #Jobs


Zimmer Holdings to Present at the Goldman Sachs 32nd Annual Global Healthcare… http://goo.gl/fb/gP0rB #goldmansachs

<a href='@goldmanwatch:


Zimmer Holdings to Present at the Goldman Sachs 32nd Annual Global Healthcare… http://goo.gl/fb/gP0rB #goldmansachs


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Friday, May 27, 2011

Spread Trader Strategy - Automated Trading

The idea is to trade the spread on things with a high, positive
correlation: for example, ETFs on silver & gold, or ETFs on the Dow 30
& S&P 500.

My idea was to trade ETFs, so the "roll" of futures (around
expiration) doesn't affect pricing so much.

So, say metals ETFs: silver ($slv, iShares ETF) & gold ($gld, Spider ETF)

Index ETFs: Dow ($dia, Spider) & S&P 500 ($spy, Spider)

There are, of course, many more examples.

So, the idea is to get the average spread between the prices of the 2
chosen securities on some specified time period: maybe every minute
for a week. Historical data would suffice for any of that statistical
stuff.

Then, once an average spread is determined, you'd use this equation to
make a decision to enter a trade (shorting the higher priced security,
and going long the lower priced security):
*SD = standard deviation

( Current Spread - Average Spread ) / 1SD > 2

So, if the spread is wider than 2 standard deviations, you wager the
spread will tighten.  Conversely, if the spread gets < -2, you switch
the long & short: wagering the spread will widen.

=============================================

That's the basic idea. One also has to then program in that if one
trade is already on, not to open another trade that isn't a closing
trade, or whatever other rules one wants.  For example, if volatility
goes crazy, don't enter any trades, or if the market drops like 3%,
don't enter any trades, etc, etc - to avoid unpredictable market moves
to reduce potential losses.