Recent content by CommunistMonkey

I don't have any real facts here but I suspect that Home Depot store that employs 80-100 people took out 3-5 hardware stores that employed 20-30. There's some job loss and salaries probably drop, but you still have about the same number of hardware store jobs in the local area. The...

That article is 8 months old so while it's new for a developmentally challenged person such as yourself, it's pretty old for the rest of us. On top of that it makes a prediction (Bing crosses Google in a year) that can be checked (and is way off the mark)...

I'm no fan of Obama but he's right here though he failed to mention any of this 4 years ago when he was telling us how great life was going to be when he started making decisions. How many people do Netflix employ? How many employees lost jobs at Video chains that got wiped out...

First you have to go on a snipe hunt.

A humbling market is only a problem if you don't respect it. Neke should have cut position sizes long ago and to be fair he has but not nearly enough. I think he could consistently grind out a few grand a week if had any respect for the market. Coincidentally, I've known a few poker...

http://lmgtfy.com/?q=when+was+google+ipo Yes, Google's IPO on Aug 19th 2004 caused the top in late 2007 and the crash at the end of 2008. It just took them 3 full calendar years to top out and another year to meltdown. Please don't post anymore without having a vague notion of what you're...

A couple of observations from someone who lives here: A clerk job in San Jose probably pays more like $60k (with crazy union benefits.) There's a reason 2000 people applied for 4 jobs - it's a essentially a x10 unemployment check with equivalent responsibilities. The locals are very...

Apple and Google have to stop going up and/or get crazy overvalued. That's a rock solid requirement before dow jones will add new stocks to the index.

I'll be lucky if I can make 20% of what I made in 2008 this year. Sucks but that's what the market is giving me. I could try to make it up in leverage but then I'd probably be giving back 1/2 the money I made in 2008. Neke's job is to figure out that this market continues to get less volatile...

Agree completely. Neke - how about you add up all your auto gains/losses for the year and all your discretionary gains/losses for the year and put them in your weekly summary? I may be off, but I bet you're up 5k-10k/week auto trading so you must be down 10-15k/week discretionary...

I was too old for scalping when I was 30. I'll probably be too old for program trading when I'm 40. Maybe you can swing trade when you're old?

most engine wear is at startup when the engine is cold (and the motor oil has all dripped to the bottom.) Turning it off at lights is not a big deal if you start it up relatively quickly.

I'm all for cutting it from 6 to 3 days a week if we can unload 50% fo the postal employees as well.

The Motorola Droid is what killed it. Verizon lacked a name smartphone when it was trading at $14 and I'm pretty sure the Palm longs figured it would be filled by the Pre. If Palm had managed to launch their phones on Verizon 2-3 months before Droid launched they'd probably be worth more...

You proved my point exactly :P (the one that this thread is nothing more than a chance for a bunch of loser jerkoffs to encourage Neke to take too much risk)