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Actually from a longer term perspective I believe long here is safer than short. I am not talking day trade here. I am talking about Trading the large market correction. From the second top using the monthly chart I projected 2660 - 2550 as my target for this correction. I therefore don't...

This is the opinion of someone exercising good judgment. We have had a large correction. Anyone shorting the market should have shorted it at the first sign of weakness on high volume coming off the the Second monthly bar high (dbl top) . now it is time to be thinking of covering. Day traders...

no. short is not safe here.

I normally want to look at the longer term picture (monthly bars) when considering a correction. The market (S&P) was coming off a dble top which because of the parabolic nature of these last two rises to new highs old hands would recognize as more likely not sustainable, i.e. the market is...

Something that all experienced traders have learned , or been taught, that won't be recognized by beginning traders, and that makes profitable trading even harder, is that a surprising number of things that investment banks and brokers advise their clients to do may not be at all in the...

Richard Wolff is the leading U.S., Marxist Economist. I recently came across this nearly two hour presentation, from a couple years back, in which he reviews and comments on the development of socialism from feudal times to present day. It is doubtful there is any better informed person on...

Good. You are catching on. He's a terrible "Deal Maker." That's why he's been a party to over 4,000 law suits. He'll announce anything that at the moment seems to be what his audience wants to hear. And a few hours later he may announce the opposite. It is whatever will make him popular with...

Yes, I have a thought. I think you've given trump to much credit for thinking of anything other then himself. By trying to act tough with Iran he is probably trying to ingratiate himself to the Israelis, whom the evangelicals in his base like to see supported, and to the Saudis who buy his...

Not only that, but first we got rid of Mosaddegh, the democratically elected Prime Minister of Iran. Which is yet another good reason why Iranians hate the the United States. from Wiki: Many Iranians regard Mosaddegh as the leading champion of secular democracy and resistance to foreign...

The commerce department is inundated with over 30,000 requests for exemptions from Trump tariffs which they do not have the means to handle in a timely manner, and which are otherwise going to harm many small U.S. businesses and put U.S., citizens out of work! Is that what you mean by "favoring...

I am sorry to say that the person who wrote this article has a very poor understanding of the the U.S. dollar. I noted this statement in particular, "“the soaring U.S. deficit requires an even greater amount dollars from foreigners to fund the U.S. Treasury." Of course this is absurd in a...

ha ha ha these guys don't know there is a much less expensive easier way. In fact I am using the method right now to capture CO2 from the air, and in the same process produce oxygen and dinner at the same time! And it was incredibly cheap.

It seems McConnell may be Gingrich's equivalent in the Senate. I can't help thinking that the root of this unfortunate chapter in our American, democratic republic is to be found in the breakdown in the public education system, which I personally attribute largely to Lyndon Johnson. Though the...

You haven't a clue. Where do you come up with this nonsense? The internet, social media, Trump rally's, Infowars? Soros is the single most important individual defender of freedom, human rights, and democratic government in the world today. There is something seriously wrong with your logic.

three cheers. My position too! Exactly. Lets strive for a more honest economy, and cut these hidden indirect subsidies.

But wouldn't that hurt Howard Industries profits if suddenly they didn't have illegals to make their transformers. That would raise my electrical bills or decrease the Howard's wealth. That's income redistribution- highly unAmerican. And what about chicken processors. What do you have against...

It's medicare "milking." Providers lobby to get more opportunities for milking built in. It is working well for them so long as they can pass on the paperwork cost, and they can! The only good thing I see coming from this is that the greed of providers will accelerate the absurdities, making...

I think any question you may have had regarding the validity and real purpose of these very specific, strangely variable, and sometimes difficult to satisfy Voter ID laws, or voter registration requirements, you have nicely answered by your response above. Invariably, and without exception, the...

Unless they are pursuant to a legal war declared by the Congress, I strongly opposed any drone strikes carried out by the U.S. government where in the selection of targets, the federal courts do not have jurisdiction, and specific written criteria have not been met, specific procedures have not...

When our allies cut the fingers off a permanent resident of the United states who in entitled to the rights and legal protections of a citizen, other than the right to vote, and do it while they are still somewhat alive, it is a BIG DEAL . It is time to rethink our "friendship" with the...