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Oil confirmed for me. It never was able to generate a positive number line on the rally up to 107. Good sign it was going to fail.

Usually Fisher quotes the futures which is JPY/USD, opposite of most spot rates. Yes, I am buying dollars and selling Yen. Yes, my 30 day has confirmed. No special sauce. We do NOT calculate our number lines the same way.

Well, here is what Henry Ford thought about that: "It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." — Henry Ford

"Capital must protect itself in every way...Debts must be collected and loans and mortgages foreclosed as soon as possible. When through a process of law the common people have lost their homes, they will be more tractable and more easily governed by the strong arm of the law applied by the...

"By this means government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft." — John Maynard Keynes "THE ECONOMIC CONSEQUENCES OF THE PEACE" (1920). "The few who understand the system, will either be so...

The market would set rates. We do like markets don't we? Why should the market set the price for shares of AAPL, the price of corn and copper but not for rates? WE would not deflate assets. The market would do that for us once you pull the fuel source away. No arbitrary haircuts...

Always.

Why are your currency number lines not working?

Well Martin, I had no idea you were in the "dynastic wealth" category. Good for you. Or as Bud Fox would ask, "how many yachts do you need to water ski behind?" :) I thought we were talking about billionaires Martin. To be fair, I don't think you are in that category, you are in that...

Number lines don't measure movement, they measure price action.

Marty, with regards to bringing God and Christianity into this fight, Jesus never would have allowed central banks. You know, the whole bad money changer stuff and all. Just sayin..,:)

Martin, Let me ask you something. You're a trader right? You know that the market has a clever way of repricing assets when circumstances change right? So tell me this. What do you expect to happen should the gov't let's say pass an 80% inheritance tax on whoever, everyone we'll say...

I have a confirmation on USD/JPY and I'm long. Looking to buy every dip and sell every rip.

Martin, the problem I have with those studies is how they define a conservative. As a person who took econometrics in college, I know how easily flawed that data is. For example, many people might think I'm conservative because I'm NOT liberal. But I'm no where near conservative but I...

I honestly don't think he is even using ACD just making occasional references to it. He is trading crude intraday with 150 tick stops and trying to fade the extremes in the range. I don't even know what you call that.

BigMike's website got shutdown....that is why he crawled back over here. I see he is back to his 100% winning trades again. :)

Marty, Here is what I would suggest. Take the death taxes and put all the money into our public school system. That would benefit our entire society, both the rich and the poor. The problem again though is most of the estate wealth cannot be touched because it's in trusts. I really...

Here is some irony for the ET folks. The crowd on this site loves the fact that former floor traders who use to make a good living on the floor making markets in options, futures and equities now find themselves out of work. They were replaced by.....ironically enough computer programmers...

Martin, the gurus are not all that familiar with term structure either. LOL. It truly is the blind leading the blind.

Really? So the fact that only 4% of undergraduates are seeking degrees in STEM is not a problem? OK gotcha.