Recent content by silk

Nothing makes much sense.

Because no deal. But he is mistaken, the market is actually open on Monday. So Reid is saying the markets should fall basically. And if Bernanke has the banking holiday off, maybe there will be no buyer for once? Will shorts get paid? The dow went up 420 on hopes of a deal. Any...

Everyone who is a trader, at some point becomes a day trader from time to time too. Even if right now you think in terms of longer term swing trades. There will be times when you want to join in the action. You'll see key reversal, news or other juicy setups, and then having the 30-1 margin...

10-1 or 15-1 leverage intraday is a must for pairs trading and really a must for making a six figure living unless you have 600k+ figure account already. Even if you don't consider yourself a day trader now, once you start devoting full time to trading, you will probably start seeing...

When your currency is falling 2% a week, the bigger question is why don't bond rates rise to say 5-10%. The yen just went from 80 to 100. a 25% loss. but yet people want to still buy japanese bonds at under 1%. I would want 10% to own one of those. We are in a huge soverign credit...

Seems like its mostly California and Arizona and Vegas that are up alot. There is nothing going on at all in the 2 places i own homes. Tallahassee,fl and Asheville NC. Nothing. I think its where these hedge funds went in and bought ever home foresale in the bubble markets is where prices...

The market has gotten the YEN so low, it can easily have a move from 101.80 to 98.80 which will be used as excuse to shake tree of all these johny come latelyies to the Nikkei. 9000 to 15000, then past 5 days on TV i've heard person after person come out and recomend Japan. Where were they up...

We need more sellers. Look at the key stuff, crude aapl SLB gold. would like to see some banks join in.

Inflation is like a market. There are bears and bulls. We are in a bear market for inflation right now. Though the fundamentals could be there for a bull, the price action just hasn't materialized yet. Inflation could be similar to BBY at $12. The buisness wasn't that bad, but the market...

Yes, it does age your body considerably. Really there is no way to prevent the insane stress. To be a successful full time trader, you probably need to sit in front of the computer for at least 8 or 9 hours a day. I probably do more like 11 hours a day during the trading week in front of the...

The japanese will be trading in their yen and buying the s&p futures all night long. Maybe after the up open that is coming in the morning, we can get a couple red bars. Good luck.