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  1. O

    Trading is not a legitimate business!

    From what I understand good luck if you need a medical procedure. You can wait months or years. Many Canadians come to the US to have things like angioplasty, etc done rather than having their life hanging like a ticking time bomb.
  2. O

    Monte Carlo simulation

    Sorry to report that I still have not started using Prosizer despite good intentions. Ran like a brick wall into the holidays and still sorting out the new computer, router, transfering eSignal preferences and Jurik subscription, etc. It is on my short list though, something I think still...
  3. O

    Plasma Trading

    Not is only the Gateway plasma a poor choice for computer and charting purposes, it is a poor choice for a home theater monitor. The contrast ratio is only 500:1, the gradition steps about 35, too few inputs for home theater use, no 3/3 pulldown, etc. Compare this with a quality unit like...
  4. O

    Hawaii car rental/ride

    lol...10 bucks for the cab and she probably can walk to the beach later on. At least I could where I stayed at the Aston last year. Why are you not flying together with her? Some vacation.
  5. O

    Anyone trading with Advanced Get or TradeGuider?

    These entry and exit points disapearing and getting re-labeled show that the "science" of Elliott is a moving target, and certain time frames get written all the time defering to longer time frames. Its not really a good vehicle to trade with by itself as the signals are conflicting. The...
  6. O

    Greenspan and the Housing Bubble

    With a second reading I see that I was wrong. I think buying that 1 bedroom, 1 bath fixer upper in S.F. for 700k with an interest only 45 year loan and no money down is a fantastic idea! Please check back with us (or let us know which Yahoo! board you are on) and let us know how the real...
  7. O

    Greenspan and the Housing Bubble

    There is no doubt that the attractive "monthly payment" has been the additional "carrot" IMO Greenspan has dangled in front of consumers to get them to take additional debt load. Greenspan has to place this debt somewhere to inflate a sluggish economy, and right now Joe Average is it with real...
  8. O

    Greenspan and the Housing Bubble

    You are a little late to the party. Most everyone has quit their Starbucks jobs for the free real estate course already. What was wrong with buying the bay area 10 years ago?
  9. O

    how do u determine if something is statistically significant?

    Example. One of the stocks I trade i had a 73% win record for one month. When I review all trades for the last year in this stock, the average settles down to about 53-54%. A bit more realistic. The program Prosizer can take ALL your trades, scramble the order 500 times and come up with a...
  10. O

    Zero Sum Game???

    I think its important that traders understand the basics of the "zero sum" concept as another sobering reminder people are ready to kick your ass and take your money and that money does just not go to "money heaven". Options and futures are probably more pure "zero sum" plays than stocks are...
  11. O

    Rental prices lead housing prices?

    I understand that single family homes are perhaps not the ultimate investment and agree with that. But I was lucky enough to buy my first in 1984 just when the local market turned up after a big price decline (from 1979-80) and enjoy the run up in California real estate up until 1990. I just...
  12. O

    Rental prices lead housing prices?

    Hi OldTrader, I absolutely agree that the difference lies in flexibility. But that is so important in real estate when people have to suddenly make changes in their lives. And that they do, in the last dozen years many of our friends have moved suddenly with job opportunities. All different...
  13. O

    looking to buy jurik indicators

    What's wrong with buying them from Jurik Research? I have used them for a year and a half and would not trade without them.
  14. O

    Rental prices lead housing prices?

    There is a big difference between the two examples. In the second example I would only owe 150k, 25% less than the person who bought in higher. With a 200k note on the house, an owner without deep pockets to back himself up is absolutely trapped when the market goes down a bit. If he has to...
  15. O

    Rental prices lead housing prices?

    My answer is none of the above. I would rather buy when the time is right. Period. People through history show that they will not own homes for long when the value is depreciating. When it gets too painful they drop the keys off at the bank. Witness Texas 1987, Los Angeles 1990-93. So say...
  16. O

    Rental prices lead housing prices?

    Crowds can be correct for quite a while. It is a heady thing....the talk of gatherings, people are all making money, usually on paper though. Usually people get pulled along with the crowd, have big paper gains, and give it all back. Just like the stock market in early 2000. If you talked...
  17. O

    Rental prices lead housing prices?

    Everyone has opinions...in my opinion this is gambling. This is like pushing all the chips up to the line and letting it ride. The problem is real estate is often not a liquid asset and it is hard to unload if things turn against you. Been there, done that. Things can turn fast. You could either...
  18. O

    Rental prices lead housing prices?

    I strongly disagree with that. In my area, suburban Los Angeles, if a couple bought a home in the last peak (1989), it would have taken them almost 10 years to break even. That is because real estate right after 1989 rolled over and died for half a dozen years. At one point around 1993, real...
  19. O

    Rental prices lead housing prices?

    Unless you have a special need for a nationwide index, a local indicator of your area would probably serve you better. The local trend of real estate, say in South Dakota, would be very different than the trends in Austin, Los Angeles, or Boston. Local real estate markets vary in beta, and have...
  20. O

    Are you scared when you go short these days?

    Agreed that it is not easy to be short facing that sort of news. And eventually chances are they will probably get the bastard. But what about being long and facing Greenspan in front of congress, the freak leader in N. Korea, China/Taiwan facing off, lost Russian nukes, option week games...
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