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  1. I

    Pictures of your trading stations

    Article says the car is an s600. msrp for a S550: $93,000 msrp for a S600: $158,050 mbusa.com
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    How did trading legends fare in recent years?

    Locutus, Take some time to research his track record and you will see that he has made multiple great calls that have resulted in ridiculous payouts in 2007, 2008, 2009 and 2010. Short financials, Long CDS protection, Long financials and long gold. Not.too.shabby
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    Texas - what the hell - huge budget crisis

    Update to my previous numbers Deficit is estimated to be 15B to 27B over <b>2 years </b>or an average of 8B to 15B per year with a rainy day fund of 9.4B The numbers can be found here...
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    Texas - what the hell - huge budget crisis

    Not sure if this was mentioned but Texas has a two year budget cycle. So their deficit of 27 billion is approximately 10 billion next year and 17 billion the next year. Way better than californias. Also, Texas has around a 12 billion rainy day fund which is not netted against the 27 billion...
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    $7,000,000 is not enough to be rich!

    just because the "rich" say that they need $7MM to feel rich doesn't make them greedy. Can you imagine someone living in India or China hearing about you complaining about your $80k a year and that its not enough when they make $200 a month? It's all relative. They are probably disgusted...
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    Where to find Balance Sheets for last 10 + years

    Completely free http://www.sec.gov/edgar.shtml Go to search for company filings and then enter in the company's name or ticker
  7. I

    New SLAVERY in America. 25 cents/minute??????

    Yeah this is a good point. You are more likely to be a wage "slave" if you make a good salary. There was a presentation a couple years back of a Wal-Mart executive complaining that they paid their associates that have been at Wal-Mart for a long time too much and that they would never quit...
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    New SLAVERY in America. 25 cents/minute??????

    Yeah seems fine to me. If you work for an hour, you get paid $15 (60 minutes X $.25). Not if you sit at your desk for an hour, you get paid $15. Seems fair to both parties It works the same way for lawyers and CPA's when they bill clients. They get paid hourly. So if their rate is $300 an...
  9. I

    Trading is not like business!

    1---Conventional business provides either a service or a product that is of value to the consumer. The successful businessman creates value through his own actions. Conversely, there is nothing that a trader can do to create value in the end product. In fact, he is actually doing something...
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    How to make Millions of dollars per day trading.

    HNHI.OB 700,000 in revenues 3,000 in net income TV Goods, Inc. produces infomercials. Its infomercials are used for various product launches, such as apparels, automotives, beauty products, collectibles, electronics, health and fitness, home and garden supplies, kids, kitchen appliances...
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    Seems odd this is legal and this blantant..

    This is not correct at all. They do not have a paycheck. They have a borrower's personal check that is usually postdated. The typical charge off rate for these loans are 25% with the majority of the loans typically only a couple of hundred of dollars. The CEO of a payday lender was quoted as...
  12. I

    Interest rate is 10%

    0% is a fantasy. I think when people talk like this they mean near zero percent. The federal funds rate for 1/13/2011 was 16 basis points. Thats whats lowering bank's borrowing rates which doesn't include what they pay you on your DDA and MMA which is probably less than 30 basis points...
  13. I

    Interest rate is 10%

    Nothing personal but What B/D have you worked for or Investment Bank or any type of financial institution? I'm not saying you are wrong. I just want to know more about your experience and why you think its rigged. Or why you think it has only recently been 'rigged'.
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    Ghettotrades revenge, I got 84 dollar coupon from Wallstreet.

    lol.. i see you're bringing the good stuff from the jokes2 thread
  15. I

    scottrade execution

    The game is not rigged now. It has always been that way. Stop complaining because you as a retail customer can't compete with institutions filled with professionals that do this for a living. You will never had an inside edge. GET OVER IT. Stop thinking you deserve anything more than you...
  16. I

    Sprint Bullish??

    I'm bullish on S 1. Improved customer relations which has shown up in lower churn 2. Increase in technology (wimax) which is being rolled out faster than people thought. 3. Its been beaten down for so long. 4. Increase cash flow
  17. I

    America is a country which punishes the middle-class

    LOL. Not sure you saw the original link!
  18. I

    America is a country which punishes the middle-class

    I think you are trying to make a counterpoint but you are just reinforcing the first point. The middle class are destroying themselves by spending too much money. It doesn't matter if wages are stagnant, stop spending. Home prices only went up because the middle class were willing to put...
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    Wifes should work. No room for housewives in this economy anymore!

    I still don't think the wife has to work. My mom was a stay at home mom back in the day and if I got married, my wife could stay at home now. There are some differences that we would have to do compared to "normal" couples. just a few 1. we would both need to be on the cheapest prepaid...
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    Proposition 19 rejected, this was obvious.

    I've read that even though 18-35 year olds were motivated to vote yes and get marijuana legal, they still were too lazy to get out and vote. Go figure. Another thing I think a lot of journalists are not saying is how much pot growers don't want this prop 19 to pass as it will put them out of...
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