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  1. M

    My friend's trading problem

    Ahhhh grasshopper, you must first ask yourself whether you afraid of losing money or losing faith in your system which may not work. Confucius said, "Grasshopper, as soon as you are able to grab points from the futures everyday for two weeks, then you may leave the temple. . . "
  2. M

    Had enough of Windows, time for Linux, suggestions ?

    Dont understand why you want to switch to Linux and still insist on running "all windows apps". You need to list which apps are critical to you and then see if Linux will support them.
  3. M

    Short DAX at 7740

    too many people expecting a melt down is usually a nice contrarain indicator
  4. M

    GBP/USD trading

    stopped at 19560 +35 will look for another trade after the news is out at 12pm (7.am CET). I will be looking for a long position, unless it goes below 19540.
  5. M

    GBP/USD trading

    my stop will give me 35 pts profit. I expect to see 19620-19640 , so i've placed a profit order at that point. well thats the plan, lets see what happens....
  6. M

    GBP/USD trading

    thats some pump on the GBP - wasn't expecting that move stop up to 19560. i may let this ride through the news as there's a lot more room now than i expected.
  7. M

    GBP/USD trading

    stop a b/e looks like it may pull back a bit more to 19640, but i dont really want to hold a position when they announce the new Interest rate for UK.
  8. M

    GBP/USD trading

    long 19525 - stop 19495
  9. M

    An average American indebtedness?

    If she was good looking, maybe a venture capital firm could step in and strip the assets!!
  10. M

    FX Most common Chart time-frame

    If you're trading intraday, then apart from a chart timeframe its important to trade during the hours when there is the most liquidity. I like to trade GBP and EUR and i find these times useful: 8.30 to 10 am GMT 12.30 to 5pm GMT. All other times its too choppy intraday.
  11. M

    Report: Iran's president says oil prices too low

    Option expiration next week. Price spike to burn the shorts. muppets have been shorting this since it went over $100
  12. M

    Bear up 300% from bid price - proof Fed panicked and defrauded

    In a couple of weeks Bear will be able to tap the Fed funds directly. Until then they will be protected by JPM/Fed. By the time shareholders vote for the takeover, in a couple of months time, BSC will be in a stable situation and the takeober will be rejected. The Fed via JPM have...
  13. M

    Lehman next in Line?

    To lose one bank is careless, but two on succesive days would be insane.
  14. M

    LEH free fall

    the vultures are circling LEH
  15. M

    BSC if no one buys...then what?

    Fed needs to back off. BSC is a broker, not a bank. Housing group challenges Fed's Bear Stearns deal: http://uk.reuters.com/article/marketsNewsUS/idUKN1630454820080316?rpc=401& "WASHINGTON (Reuters) - A housing and fair lending activist group has challenged the legality of the Federal...
  16. M

    Web-based historical back-testing

    site down??
  17. M

    So many BSC threads lets cut to the chase...

    Who in their right mind is going to do business with BSC over the next week or two. Its game over for BSC. There is going to be a run on the bank on Monday. I wouldn't be surprised if BSC issued a statement Monday saying they are suspending all withdrawals and going into a lockdown...
  18. M

    So many BSC threads lets cut to the chase...

    A lot of Banks have stopped trading with BSC last friday, they are unlike to restart trading with BSC next week, so the shares could plunge even futher as its business takes a pounding. As for a takeover, BSC's business is mainly Prime Brokerage and Fixed INcome and this is where most of the...
  19. M

    GOOG suckers

    One thing to hit earnings will be the lack of all those sub-prime housing ads. But this is too risky for me to play.
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