Recent content by anotherhawkeye

I will give this a shot as well. Thanks for the suggestion.

That's what every one has been saying for the last two weeks :) . But then again, I closed by shorts and out of market now, so its possible.

I remember that chart. Thanks for the response.

What makes you think this is the top - Your gut or dragon ?

You make a good case for a correction. But didn't you get the memo ? This market never corrects and doesn't obey any technical resistance levels.

Strong resistance SPX@1008. Will the bulls again defy logic and push through 1008 like they did @ 911, 955, 980, 1000 ? I'm losing my shirt due to bad trading and bad market.

Michigan is the first state to suffer, but will not be last. Hey Georgia, NY, CA...stand in line please. TX, your turn is coming, please patient. Next there will be a mass exodus from US to other countries. That will be lot of fun. Many immigrants (legal/illegal) are one to two generations...

Nothing I didn't know before, but its a good read. http://www.economicpopulist.org/?q=content/final-stage-deindustrialization-america Here are some excerpts: Oh America, will you ever revolt against the lies ? I don't think so. We are too big and too diverse to revolt. We will never...

I am not buying by the service oriented economy argument. I'm sorry. Service is more profitable, I agree but you need to "produce something" to service it. Take IBM for example, one of the biggest services firm. Who/What do they service ? They service their own software that people use to...

No replies and 1 star. So either the post is uninteresting or idiotic or both :) . Small businesses amount for majority of jobs, so I'm curious whether they'll lose more or whether they can innovate and produce new jobs. Make no mistake, I agree that every small business is valuable whether...

Aren't you confusing low taxation and no taxation ? Here is what the OP had as criteria for country B: But Switzerland has individual taxes. Its lower than US, but it does have it. So Switzerland is not country B.

And then they lose 50% in one year and then you have -5% return on your investment. Stock market is for the educated and savvy investors not for your average joe. But people are greedy and i'm sure will again invest in the market.

I always wondered about what exactly the small businesses contribute to the US economy - not in terms of percentage of GDP, but what does they actually 'produce'. I dont consider your corner gas station, restaurant, grocery store, etc. as 'producing' anything. They are service companies that...