Recent content by afto

No, I have never known it to rain without clouds being present. However, I have known it not to rain when clouds are present - and that is my point. :)

No, I didn't say it was cr*p. and no, I didn't say it doesn't work. It's merely a crutch which is a helpful - at times indispensable - support in the right hands. TA is a visual representation of what the market is doing. Green bars indicate upward movement and red bars indicate downward...

Very nice thread Metal. Do you believe that breaks of the initial trendline (not the parallel channel) are more significant and predictive in nature? Thank you.

Debaser: It leaves no other option open than it being mostly a prestige thing. In some cases that might be one of the reasons - if not just a tax write off - but when we're looking at the title of this thread (Rich Americans buying Euro soccer teams) then I have to disagree. The Glaziers...

An interesting analogy. On the one hand we have politicians, who promise the moon just to win or maintain office. Then we have the takeover artists that pump borrowed money into clubs, often promising to buy star players and win trophies for the fans. In both instances the electorate and...

Most of the people that run football clubs in Europe are as bad as the politicians, ie they've found it's far easier to borrow today in order to get short term success rather than run the club/country in a proper long term fashion. And that about sums it up..... whether we're talking...

and (from Pekelo) Wouldn't it be more interesting/challenging to buy a small or not doing well team for cheap, than buy a bunch of good/expensive players and make it a surprise hit then cashing out on the top??? Or not even cashing out, just enjoying the newly found fame??? To answer both...

A little knowledge is a dangerous thing. He probably knows more about soccer than any of the American owners yet he's managed to chase away the best coach in the game(Mourinho), pay an astronomical sum for a player (Torres)who is clearly unfit/past his best and generally poke his nose into...

Its been a bull market in soccer for the past twenty years. These guys are primarily using OPM for their purchases, sometimes putting less than 20% of their own money down. If you include the enormous salaries and perks they pay themselves then its probably a pretty good ROI. Everyone wins...

24% ramp up in price on massive volume Friday. Whats going on?

This is probably the most valuable post that I've read on ET and it is an atomic discovery. The search for the holy grail ends with the realization that trading - and everything else in life for that matter - is a game played out in consciousness (ie there is no "out there" out there) Imagine...

I knew a young couple who were dental hygenists and decided to become plumbers. In their own words, "It aint rocket science, the money is much better and it doesn't put your back out" (Apparently the dental profession has a very high rate of back problems probably due to the unnatural posture...

I believe that that scenario is highly unlikely but it will not stop millions of people being affected by all of the "what ifs". Doubtless, in a few months time we'll hear that cancer rates in Japan, Hawaii and the west coast of USA have risen "alarmingly", whether or not any radiation release...