Recent content by bbqbbq

  1. B

    Sears Chairman Wants Short Sellers to Show Holdings

    This sounds fair. If you have a short position 5%+ of the float you should reveal your position.
  2. B

    Even with inflation in 1970. It only took 1 worker

    The people here talking about people making their own lives have a good point... ... if the higher education in the US was free. Without proper and affordable education, working hard might not be as productive as you think you want it to be. You can only work so hard and getting nowhere...
  3. B

    CA bill to legalize and tax pot

    There are a few things I think would happen Consumption of marijuana in California will decrease, but will increase in other states California will become number 1 marijuana exporting state in the US Tax revenue will be huge Crime related events to marijuana in California will...
  4. B

    Consumer spending

    The ability to create cheap labour out of oil creates wealth, once oil and other energy runs out, standard of living will go way, way below what people we're used too. Keep in mind until 200 years ago slavery was the primary source of cheap labor.
  5. B

    ***warning: All Support On The Diamonds (djia) Is Lost!!!***read This Post

    The DOW low last week was 7250, while the low of 2002 was 7200. That we broke november lows is bearish but until we even touch the 2002 bottom, there's no reason to yell DOW 1k IMO:eek:
  6. B

    Looking for a good starting point

    I disagree. Not all indicators are worthless, if you use discretion. I do agree mechanical indicator based systems are usually crap if you don't put alot of time in making them yourself but buy from random guru's. Anyway good luck in trading. Poker is also a negative sum game (after taxes)...
  7. B

    Mirus rates for YM

    try infinity or amp futures
  8. B

    Wall Street's Biggest Lie Finally EXPOSED

    If you buy and hold and thus have no defined exit strategy, you better make sure your entry strategy is the best as they can get
  9. B

    Are there any Trading Educators that work?

    I'm not sure if the education this guy provides is the right type for you, but you said you didn't care what timeframe etc.. I have found this guy to be the most consistent of the ones that have free videos on youtube. His youtube name is snp500trader and he trades the ES only as far as I know
  10. B

    UBS to shut down US offshore accounts

    good thing Obama is president
  11. B

    Taking 103K to 1.2million by Year End 2008

    I think more people believe automated traders are at a disadvantage. With automated trading you need to keep volatility in control with mechanical tools, with discretionary, only your emotions. It is funny the one strategy's weakness is the other strategy's strength and vice-versa
  12. B

    Firefox freezing problem vs. Internet Explorer security problems

    when i am watching 3 youtube videos in three different tabs i have the same problem, it gives an error i think it is memory problem also firefox needs more memory with more tabs and a flash video is already an extra bunch of memory btw i have 1 gb RAM
  13. B

    Where does destroyed wealth go?

    You can also think the other way around. It only takes one or few persons to create wealth for alot of other people. This is dangerous in the sense that if people think wealth is stable, they can be in alot of trouble. Because people are able to take loan out on the amount of money a house has...
  14. B

    Cox should be hanged for X the uptick rule

    velocity seems to be bigger because leverage was bigger in this bear market then the previous one from 2001. if you want to eliminate velocity you need to abolish margin.
  15. B

    why scale out

    If you say that trading should be void of emotions, I agree, however in reality, emotions will always play a role for most traders. (most beginning traders also) I am not talking about just scaling out, I'm talking about both scaling in- and out. Scaling out at itself is a great thing...
Back
Top