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  1. Scataphagos

    Making $100mm from trading with no LPs/outside capital

    Attracted by the notion of "2/20"... and being the greedy little bastard that I am, I once queried the SEC about starting a hedge fund. They told me that "unless I could raise ~$50 MM quickly, the costs would be prohibitive."
  2. Scataphagos

    "Dangerous Ideas" Loom As Once Democratically Chosen, There's No Reversing Socialism

    "...America may be a long way from Venezuela’s tragedy, experts say. Polls show that many of the 37 percent of Americans who say they support “socialism” actually have in mind the generous welfare states seen in Europe, rather than the traditional definition of socialism – the nationalization of...
  3. Scataphagos

    Big victory for dems on the border issue today

    Perhaps a victory for the Dems, but a "Bad Day In Black Rock" for America's future. :(
  4. Scataphagos

    "Dangerous Ideas" Loom As Once Democratically Chosen, There's No Reversing Socialism

    Almost every conceivable form of “socialism” was tried over the last 100 years. Bernie Sanders’ campaign in the Democratic party’s primaries in 2016 demonstrated the renewed attractiveness of the “democratic”-socialist idea. Millions were attracted to his promise of a beautiful social and...
  5. Scataphagos

    This Is A Bear Market (w/ Victor Sperandeo)

    My 1st experience in TA was with the 20 MA. There are times it works well, other times not.
  6. Scataphagos

    This Is A Bear Market (w/ Victor Sperandeo)

    Vic claims to have read 3,000 invesment books... and extols the merits of the "200 MA cross". KISS, Baby!
  7. Scataphagos

    This Is A Bear Market (w/ Victor Sperandeo)

    Vic describes the proper consideration of the 200 MA. (Doesn't EVERYBODY already know this?) Similar utility in use with the 50 MA. At times players mention other MAs... like the 100 and 150. Interestingly, you can try various other periods and sometimes find one that is especially...
  8. Scataphagos

    Maduro Squeezed as Trump Recognizes Guaido and Protests Expand

    Doubt it. The promise of "free shit, wealth redistribution and equality"... is not only an easy, chicken-shit political platform... it's also apparently irresistible to the hoi polloi. America's Founders knew, but their wisdom has been eroded by greed and lust for power. (Hope America is...
  9. Scataphagos

    Venezuela about to boil over

    Tried and failed with Trump? Will try harder next time...
  10. Scataphagos

    How do people fail at this?

    Sometimes the market "trades easy". Other times not... that plus traders sometimes (1) exercise bad judgement and (2) make mistakes. Takes a while to get it all wrangled... by which time, most noobs have wiped out their trading capital.
  11. Scataphagos

    Local Politicians are as Dumb as National Ones...

    Seems politicians at all levels are equally stupid, greedy, power-hungry and damned proud of their authority. (Even in my small town... except for our mayor. Drives me crazy! My neighbors have asked me to run for mayor or town councilman. Understanding that "I don't suffer fools gladly"...
  12. Scataphagos

    Finally.... Somebody In Europe "Gets Their Head Out"

    "Social Death" In Denmark The European country is isolating and excluding asylum seekers until they disappear from society completely... https://www.zerohedge.com/news/2019-01-23/social-death-denmark Sounds cruel? Inhumane? 1. The Danes didn't recruit the invaders to, "Come live in our...
  13. Scataphagos

    Is this calculation correct ? - Emini S&P500

    Looks like your purchase price is 2659, the current price is 2655, and the "-830" is the market change from the last close... and has nothing to do with your position. That right, or am I missing something?
  14. Scataphagos

    Saints Get HOSED On "Worst Pass Interference Non-Call" I ever saw...

    It almost certainly cost the Saints the game and a birth in the Super Bowl. (If the receiver catches the pass, 1st down... run out the clock. If proper pass interference call, 1st down... run out the clock.) Almost as egregious a non-call to the Chief's benefit on an "illegal pick" which got...
  15. Scataphagos

    Need a new desktop setup

    Agree. My recommendation is to buy "workstation" machines. Used, OK. Dell, HP, Lenovo.. all OK. Buy from eBay. Save 75-90% vs new. Big benefit from buying workstations vs BIY. My Dell T3500s are 9 years old and still running smooth as a gravy sandwich (bought them off lease from Dell...
  16. Scataphagos

    Need a new desktop setup

    I just bought 3 of these for $4.99 each, + shipping to replace NVS 295 cards in other machines. The seller says he still has 4 remaining. FWIW...
  17. Scataphagos

    How heavy do you get into China ETFs or things like BABA??

    You know what everybody knows about China if they care to. Yet investors are not "plowing into China stocks" in a big way.
  18. Scataphagos

    "You have got to Pass it to know what is in it. Any informed Gastroenterologist knows this"

    New element added to the Atomic Table . Remember, You have got to Pass it to know what is in it. Any informed Gastroenterologist knows this
  19. Scataphagos

    How heavy do you get into China ETFs or things like BABA??

    China has been in a choppy, grinding downward bear market over the last year and mostly sideways over the last 10 years. Wouldn't say any of your money "should" be there right now or any time. What in the chart suggest to you the desirability of having money there at all? That said...
  20. Scataphagos

    What's that? China pumps record $$$ into it's banking system…........

    China has made about 10 stimulus "moves" trying to get its markets out of their funk. Up to this point, nothing (and the sum of previous moves) has been "enough".
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