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A friend told me today that Linda Bradford Raschke (sp?) charges $5,000 for a week of group instruction. I told him that he is crazy b/c there aren't 10 people alive who are stupid enough to pay that much. Which one of us is right?

He aint no professor. He's a professional turf bettor Someone needs a primer on the "law" of ever changing cycles, lol I guess: The public can never catch up to the form – or the game ceases. :cool:

Did anyone else feel an enormous blast of hot air just a little while ago?

should have paid the wire fee, no? on the other hand, they'll be blood in the streets when this BIDU nonsense finally shakes out. Maybe you dodged a bullet?

lol, lol, and triple lol I'm getting a premonition in my trick knee that playing the white album backwards will reveal monday's close for the spx denominated in yen :D

sheesh, how long b/f put options get listed?

You might get a laugh out of this: http://redwing.hutman.net/%7Emreed/warriorshtm/grammarian.htm all intended in jest of course :cool:

Charlie, don't work so hard. If you take on the task of correcting every nitwit on ET you'll never have time to trade, lol.

guess we know now don't we?

I take it from the above that you're long interest rate futures. I've been short the ZB for a while and I'm taking most of my position off b/c I don't want the headline risk. Probably most sensible thing is to go into the numbers delta neutral. We'll soon find out :cool:

i think you'd have a lot easier time trying to scalp 5 ticks/day on the ER. It's liquid enough to trade but not so deep that you never get filled. Anyway, if you can do that consistently w/o risking huge--if infrequent--losses, then you don't need my advice.

RICO is a federal criminal statute that can only be brought by the feds. LB is pursuing a civil action against GS (possibly at both the state and federal level due to the fact that the '33 and '34 acts give the feds some jurisdiction over securities disputes). If the RICO statute ultimately...

I am a lawyer (or was in an unhappy past life :D ) and I can tell you that the Racketeer Influenced and Corrupt Organizations Statute (RICO) was conceived as a way to prosecute criminal organizations i.e., the mafia. The DoJ needed a way to prosecute heads of entire criminal syndicates...

Tell me about it. Just look at Toby Crabel over the past decade.

Very well said. In this business you gotta pick your poison. Anyone who tells you different is probably selling something.

Niederhoffer is a smart guy who has run money successfully and you've got to give him his due. He's also an insufferably pompous ass who blew out his entire fund in less than a week during the Asian Contagion panic. I tried to get through his first book, but Nieder's arrogance and almost...

I rationalize my speculative price of $525 based on the following: Money is coming out of EUR, Its main destination is probably JPY, It needs other places to go, Gold is the world's real reserve currency. -ss P.S. Please post replies, but don't flood my inbox with e-mails...

much ado about nothin'

Anyone care to speculate? Put me down for $525

Congrats on getting pocket aces so frequently. You must play more than me. Which casino, if you don't mind me asking?