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  1. M

    The ACD Method

    I don't want to even imagine where this stock would go if the overall market rolled over. The ES has almost made new all time highs while this stock is down almost 40%!!!!! If anyone is curious, my yearly A down for AAPL is 443. This is the level that should hold at least for a bounce.
  2. M

    The ACD Method

    The Yen bounced nicely off the confirmed monthly A up. This is how strong markets behave. They move in waves. They confirm and pull back and re-test the A levels and continue higher. They do this on all time frames.
  3. M

    Tell me a first world country that is not socialist

    We've put far more money into Europe then Israel and the for exact same reason. The US needs to pull out of Europe and let her fend for herself. I love it when Europeans talk about Israel when cashing our checks. Hypocrisy is a spicy soup.
  4. M

    Tell me a first world country that is not socialist

    well....except for that. LOL.
  5. M

    Fading Yen - It has gone parabolic

    About to take out the highs.
  6. M

    Tell me a first world country that is not socialist

    A lot of that is spent protecting Europe. That's need to stop. If Europe had to fund their own military, they wouldn't have any socialism. Let Russia come in there. They should have to deal with that, not us.
  7. M

    Tell me a first world country that is not socialist

    There is a very simple litmus test to find where you will have the most freedom. Follow the money. That would take you to Singapore.
  8. M

    Tell me a first world country that is not socialist

    Their success is in large part to their homogenous population (white) and strict immigration. Immigrants tend to be poor and they can bankrupt a social welfare system. Illegal immigration even worse. We are the only country on the planet that lets people walk in and talk our money. And go...
  9. M

    The ACD Method

    Well, it turns out we didn't need the ES to roll over for AAPL to tag 450.
  10. M

    The ACD Method

    AAPL.....460....ouch!
  11. M

    Financial transactions tax ok'd in Europe

    It's official. No longer just a rumor. The Pandora's box has been opened.
  12. M

    The ACD Method

    Failed weekly A up in Gold.
  13. M

    Pro Golfer: Why Work with a 63% Tax Rate ?

    http://hosted.ap.org/dynamic/stories/G/GLF_MICKELSON_TAXES?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2013-01-22-19-03-51 And the vultures come out now. So much for freedom of speech.
  14. M

    Pro Golfer: Why Work with a 63% Tax Rate ?

    Yeah once you go down the inflation rabbit hole, things get really ugly. It's best to not even include that. LOL. But things like property taxes, estate taxes, etc are all fair game. Not to mention most of these athletes pay their agent a % of their take, their caddy, their personal trainer...
  15. M

    Pro Golfer: Why Work with a 63% Tax Rate ?

    What condescending tone? And who was I correcting? LOL. Come on Rally. I only replied to the OP since he was the only one who put up numbers. I have no idea what Phil pays in taxes. His biggest sponsor is KPMG. I would be shocked if the guy paid more then 30%. He has to have a trust...
  16. M

    Pro Golfer: Why Work with a 63% Tax Rate ?

    I could have sworn Phil lived in Arizona. I have no idea what he is doing in CA. His biggest sponsor is KPMG! He should know better. LOL.
  17. M

    Pro Golfer: Why Work with a 63% Tax Rate ?

    No. I'm simply saying his total tax burden is probably far more then simply adding marginal tax rates. To top that off he actually stated his total tax burden was close to 62%. Is he lying? Maybe, I don't care. I was simply trying to construct a breakdown that would get to the 62% he...
  18. M

    Pro Golfer: Why Work with a 63% Tax Rate ?

    Well, usually when people mention double taxation they are referring to the fact that say a doctor makes 500k and gets taxed on that 500k as earned income and then uses that income to invest in stocks and creates a taxable capital gain. That income was taxed twice. First as earned income then...
  19. M

    Pro Golfer: Why Work with a 63% Tax Rate ?

    I could be wrong but they are two separate taxes I believe. I added the investment income tax which is in addition to the "earned income tax". In other words, the rate went up for both investment income and earned income. It's a form of double taxation and has been at the heart of many tax...
  20. M

    Pro Golfer: Why Work with a 63% Tax Rate ?

    Here are a breakdown of the numbers (approximate): Top Federal Tax Rate : 39.5% Top CA tax rate: 13.3% Medicare Tax (no max limit) : 2.9% Payroll tax increase for all Americans: 2% Obama care tax: 1% New tax on investment income over 250k :3.8% Let's get out the...
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