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What I don't understand is why anyone believes that we're gonna rally from here. Why? For what reason? Fools like stock_turd3r believe we build the next bull bubble from here. Really? On the back of what? Internet bubble. Busted. Real estate bubble. Busted. What's next? And will it create...

Peter Schiff is the MAN! Too bad he couldn't capitalize on it. I wonder if they ever revisited those calls on FOX? Probably not. Those clowns look like absolute fools with zero credibility now. No way they'd allow themselves to be embarrassed after those calls.

http://minimoneyblog.blogspot.com/

Start here if you really want to learn price action. http://www.elitetrader.com/vb/showthread.php?s=&threadid=99283

Wouldn't be surprised to see ES 950-965 today. But also wouldn't be surprised to see 840-850. Never marry a side.

The wife and I were in line at 6:20 this morning. Out at 7:10. :cool:

As this article states (http://www.businessweek.com/bwdaily/dnflash/oct2005/nf20051025_9869_db016.htm), Bernanke was "In short, his views on these various topics, at least as expressed publicly, have not deviated significantly from those publicly held by Chairman Greenspan". As a member of the...

Like shooting fish in a barrel. :D

Nice trading JJ. Applying SPM to simple price action principles has really become an eye-opener! Thanks to T28 and JJ.

Start here: http://www.elitetrader.com/vb/showthread.php?threadid=141888

John Carter's Trade the Markets site. He was talking about this video in last month's SFO magazine. His wife was PISSED when he took the singer out until 4 in the morning and he came home drunk! :eek: :D

A little old but still worth a read.

econ news 4 minutes....biz inventories

FactCheck.org did a segment on this...sorry if it's not as partisan as some like. http://www.factcheck.org/elections-2008/who_caused_the_economic_crisis.html Their conclusions: The Real Deal So who is to blame? There's plenty of blame to go around, and it doesn't fasten only on one...

RedEye and Lucrum have it right. Pivot points work.....sometimes. Like everything you might try. It works....sometimes. If you're new then realize that there is no Holy Grail...nothing that works ALL the time. My advice would be to study a 5m chart with pivot points, previous day's...

Just a little visual to reiterate MaxxHeatt's position. Buy and hold since October 1998=LOSER!

Through my employer I'm permitted to move as much of my 401k as I like into a "Self-Directed Brokerage Account" with Ameritrade. This account does not allow short sales, margin trading, futures, options or commodities.

LOL In my retirement accounts, I've been in cash since the first week of December last year. I was just saying that many of my friends have already moved to cash...most months ago when the market was rolling over. I agree, to get out after a 40% drop may not be the smartest thing to do now.

I posted this in another thread. I've said it for a while now. Investors that got burned holding back in 2000-2002 will not hang around this time. Everyone I know has moved out of stocks in their retirement accounts. They held for 2 1/2 years the last time and it made them sick. This time...

I've said it for a while now. Investors that got burned holding back in 2000-2002 will not hang around this time. Everyone I know has moved out of stocks in their retirement accounts. They held for 2 1/2 years the last time and it made them sick. This time they aren't waiting around. Buy and...