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Think you are right. Must be some big margin calls tomorrow. Anyone short anything equity-based will be hurt.

I know. Never gonna hold over the weekend again. Anyone going with the trend is f*cked on this move. GBP/JPY up over 500pips. No stop losses work too.

I also shorted too. This sort of stuff is reminiscient of march. A Good bear trend all day, then a big reversal in the last 30mins. Being a Bear hurts.

Yes, seems a com $249 for 1 hour of mentoring...wtf? I like it in his videos where he said "we had a great day in the room...." What room, you never had a website until recently. Scam.

oil down due to IEA saying they'll release strategic reserves if gulf affected.

GDP deflator at 1.1% is BS, clearly inflation at 9% (anecdotally) would knock GDP into big negative figs. I agree with point on the figs being good to Nov.

How is the USA not in recession, are these figures BS?

Good comparison (US v Japan) http://www.economist.com/finance/displaystory.cfm?story_id=11964819 So it looks like another 20% off.

joeyata1, Good analysis. That is a long way off then. So in % terms how much further is there to fall?

Why 98-00 time? So when do you anticipate the low for residential property? Official stats (BS probably) suggest that home sales are baseing now.

wow. I am in the wrong country. This sort of stuff wont happen in the UK for 18months-2years. But cant wait.

I agree with you, low not in, but can you actually get the low anyway? As a British investor i'm not aware of the mechanics of the US market. However, if a bank reposessed at $347,000 and is now selling at $189,000, does the new owner give the bank the $189k and the house is theirs 100%? or...

What kind of deals are you finding in Phoenix? You need a min of 50% off the peak to even think about it. imo.

I'd say go for it. Whats the worse that can happen? I did the same as you, and it was tough, make no mistake. But so's working for a boss you hate too.

There are so many, some have mixed reviews, demo is one thing, but performance on live is often different. Here's what i am looking for: $500 E-mini S&P margin Reliability Good & fast execution <1-2sec Not bothered about complicated software. Any ideas who fits the bill?

I am also gonna trade 10-20 minis. I guess, thats not huge size in this mkt.

Well i've used spreadbetting firms in the uk, and they are all bucket shops, so anything will be an improvement on them.

What about in fast mkts like we've had over the last few weeks? Is a limit order better than mkt? Can you recommend a broker too?

How many e-minis are you trading?

Hi, I am just about to start trading ESU8 (emini S&P). I wanted to know what the worse slippage was you'd experiened by using a mkt order? The mkt is very volatile at the moment, but i want to know what my downside is in terms of slippage etc. Many thanks ForexPro