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  1. M

    The one winner in the Madoff debacle?

    %% NOT sure i would call the scam losers ''winners''\ but DOJ+other lawyers recoverd 80+/,%. Strange 80-20% rule again[ duck duck go source + related]:caution::caution:
  2. M

    Which way? Metals

    %% Interesting insight Mr Mickey; i would have guessed it would be common sense, since so many sanctions against evil empire russia. [Edit]The good thing/ in the long run, NO group or gov is bigger than the market. WSJ had an article about many millions[45million+/] of chicoms that died or...
  3. M

    Val's Discretionary Trading Journal

    %% Almost painful profit on[small] start[underperformer] position of BEN/; good name, good ads+ moved on. Actually i expected a fairly large pull back on TSLA, with that big gap up\ good thing for me i did not read all the negative news about TSLA in WSJ until market closed:D:D Did get filled...
  4. M

    The amateur Trader mistake …

    %% Exactly\ \its like the dark fossil fuels songs says\ i remember the well we drew water\ lived in Butcher holler/ coal miners daughter\ like a mail order catalog\ daddy made money selling a hawg[ [hog]:D:D.Best many times to sell a hog, not buy one LOL:D:D. Certain exceptions apply, a strong...
  5. M

    Best low risk investments, Oct 2022

    %% EXACTLY\ +actually there a lot of small business right areas/ super Reward-risk. Strangely, i never did as good in IWM\small caps. part of it maybe ESG. Mr Musk, likes clean cars, bluntly but rightly\ said the s stands for =...
  6. M

    The Madoff documentary on Netflix versus the returns of The Medallion Fund

    %% Good points on understanding the tax code, CPA ........................... ''ALL tax avoidance is about definitions'' maybe a grain of truth there; But tax jurisdictions+ boundaries make make a big difference. To the 7 states that pay no state income tax its is about much more than a...
  7. M

    Why Trading is so Hard

    %% THAT; except pro league base ball has body physical limits trading never has; investors do much better as group.
  8. M

    Supreme Court rejects appeals by ex-Deutsche Bank traders convicted of 'spoofing'

    %% NOT much, but several things differ; they would never broadcast what you just did. IF my turtle goes wild, inside city limits, no problem; if a rougue elephant goes mad/ they're calling the cops with a riot gun + they should. A whole herd of wild elephants will get the cops attention much...
  9. M

    Val's Discretionary Trading Journal

    %% IT's like IBKR founder said ''NEVER choose an ordinary investment vehicle '':caution::caution::caution::caution::caution::caution:,:caution::caution::caution:,:caution:. The context was whole herd of yellow cabs\ he was riding a horse\LOL true. Great run May get back in TSLA later in month...
  10. M

    Supreme Court rejects appeals by ex-Deutsche Bank traders convicted of 'spoofing'

    %% Article noted their conviction...... explicit false statements targeted in the wire fraud law. Wire fraud may not be limited only to telephone wire; free speech is not limited only to audible sound..........................
  11. M

    S&P500 - Trading Analysis for the day

    %% As of noon SPY is above 200dma\ SH+ qqq is below 200 day moving average. QQQ/ up for the week.:cool::cool:[WED,,1/25/2023]
  12. M

    Another boring trade...GlaxoSmithKline (GSK)

    %% Congrats on not buying@ $40 area\Dec topping tail; or selling it @ 52 week lows of $28 area. Fidelity, Vanguard, T Row Price, STT + GS have major positions in in.....................
  13. M

    weird price action in first 15 minutes today?

    %% Manuel Error, NYSE notes in ForbesOnline:D:D Could be an honest mistake. And CE='' Clearly Erroneous'' NYSE notes in hindsight anyway:caution::caution: WF was downtrending for some time, wonder if they bust those trades?? In hindsight those look about right.
  14. M

    Right NOW is a classic time to understand and trade "Price TA"

    %% I respectfully agree, maybe 90% or 80%; with businesses, most likely closer to 80% fail + 20 % succeed. But if one is not cut out for working for some one else, can be part of the 20%:caution::caution:
  15. M

    Who is not printing money?

    %% AND the Federal Reserve has the added advantage of printing[+ destroying badly faded notes .....] what many people want/notes+ '' this note is legal tender for all debts, public + private'':D:D Its also legal for savings + commerce; but the member banks may prefer a...
  16. M

    Any live cattle traders here?

    %% NO not with that=LOL Cash cows had a fairly good run/COWZ C Schwab[not related to SCHW or IBKR founder] is the kind of clown to rebuke ''hi management salaries'' when he made $1,000,000. Good play on words ''hog''; same as swine.
  17. M

    Right NOW is a classic time to understand and trade "Price TA"

    %% READ a lot; + there's a certain amount of unknoWns/ VALE did far better after i got out of it:D:D I've still got it in some ETFs, so never say never/LOL Markets are mixed; if SPY keeeps closing oVer 200dma, maybe a new bull market uptrend; but [v] VALE is outperforming SPY by such a wide...
  18. M

    how much time should be spent on journaling?

    %% Exactly/ weakest ink => better than the strongest memory. Some asked me once ''how you say in English, a picture is worth 2,,000 words??''. I said that's exactly how you say it in English ''a picture is worth 2,,000 words:caution::caution::D:D'' Same way with a good long term...
  19. M

    Val's Discretionary Trading Journal

    %% TSLA= GOOD+ great run; QQQ strangely may outperform SPY this year+ JAN. Strangest thing about volume markets\ a top trender like TSLA+ JaN ,some tech/ could win 5 day race/JAN race + lose 3 month race . GS went for 1st % in DOW\ to last%, may have been earnings related. I'm in more stocks...
  20. M

    Citadel’s $16 Billion Win Tops Paulson’s Greatest Trade Ever

    %% EXACTLY\ but i doubt if you would ever really regret NOT working @ GS/ since you ''did not want to work for some one else'' And while you could have very well learned something @ GS \capital markets are so full of cash cows. GS is a notable position in SPY benchmark/ Vanguard...
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