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I don't necessarily think that economists who have a speciality in labor economics, can translate that increased knowledge to a financial market. There are alot of papers out there involving questions that have nothing to do with financial markets that come from economists. I recently read...

Hmm... this post seemed full of partially completed thoughts, but this is the one I latched on to. Firstly, I think I always viewed the fields of quantitative finance and economics as tools to interpret the world. Saying that we shouldn't study them because they are imprecise tools, (as...

I don't want to quibble about whether or not using public land for a project like this is in the best interests of the state, but I've seen some of the offshore wind farms and they are far from hideous...

My interest was piqued so I did some quick research. Go to Nordpool.com -> How to become a member -> How to become a member of trading on The Financial Market (Assuming you aren't acquiring generation assets... correct me if I'm wrong) -> Option 1: Exchange and Clearing Member -> Checkpoints...

I trade power and gas in the US and I keep hearing from guys in the industry that have done really well in Nord Pool, but I haven't had an opportunity to research it. It's supposed to be much more liquid than US power markets.

Anything used by everyone to transact will automatically have some imbedded value IMO. A question that a more introspective person might ask is, what makes $1 of gold more valuable than $1 of any other metal? Or $1 of ownership in a company? Or $1 which has to be repaid to you at some point...

The Backstreet Boys, or BSB, was a boy band and pop group that rose to considerable popularity in the late 1990s, and has since broken music and consert sales records , having sold more than 87 million albums (38 million in U.S.) to make them the highest selling boy band on record...

I had previously stated, to you, in a previous thread that I was slightly bearish on the dollar. That is not an opinion that I have any amount of confidence in. "Balls" have nothing to do with making market calls to within specific ranges. Specific ranges signify some amount of confidence...

This might take 15 pages for him to admit it again, so I'll help. He pulls all his numbers out of his ass. There is no quantitative basis for anything he says. He doesn't bother considering any facts that are contradictory to his world view. He is neither an economist or a historical...

I don't think he would care if inflation was growing consistently at 20%. It wouldn't be a problem for anyone in the economy to accomodate such a situation. The problem with high inflation is that it is inherently volatile, and unpredictable and volatile inflation can lead to serious problems...

Finally an answer! Sort of... My prediction is that phony economists who can't wrap their minds around any part of the complexities of the market, who get worked up when someone questions their bizarre market calls, and who can't develop any sort of quantitative model will be wrong on their...

Simple questions: What model are you using? Where is the stop loss on your idea? Are you just making up your estimates out of thin air? You may want to temper your predictions if you can't even invent a wacky model with bizarre variables that might justify your prediction. I'm starting to...

This is patently false. The things I asked, and the things you can't answer are: What model did you use to come up with a $1.50 - $1.60 range? and, Where is your stop loss on your idea? Everyone knows the fundemental reasons why the market might decline. Every currency trader knows the...

I'm not sure why you aren't answering any of the important quantitative questions I'm asking you. What model did you use to come up with the 1.50 - 1.60 range? Where is your idea stopped out? Is it impossible to answer these questions because you are just randomly making up numbers?

If the Fed stops and the dollar doesn't depreaciate significantly over the course of the following year (whenever that is), what part of your idea would you say was wrong? What could happen that would cause this to happen? Where are you stopped out of this trade? And what model did you use to...

Feel free to correct me here if I'm wrong, but I think you can use Black Scholes with non- lognormal 2cd and 3rd moments. I've only read the cheesedick version of Mandelbrot (The Misbehavior of Markets), so his real paper might have more meat to it. I don't see why many of the examples he...

I just pulled back up the blog and the post I quoted was from back in the day. That might be a little misleading then. I assume that we can safely say your views are similar now, even if the exact figure on the revaluation has changed. Has your estimate of future revaluation changed? Did the...

You are absolutely correct. I quoted someone else. Sorry about that. I have limited screen space right now so I was scrolling through a window without being able to see the top of the screen. This is a quote on your blog though. "Now that the stampede is about to speed up around the...

There might be some sort of language barrier here, but statements like "When that happens the dollar will sink like Bush has in the polls." seem pretty insanely speculative. It's pretty pretentious to think that you are a more informed and nuanced thinker than the entire market. Do you...

As soon as you do that 5th intraday round trip you are considered pattern day traders. So you'll have to have $25000 in your account or you'll get margin calls. But you'll also get 4 x intraday buying power, which is more then what people with regular retail accounts usually get.