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Support and resistance is huge. You are correct. I found internal trend lines to be more powerful than the normal ones that everybody and their mother plots. Fibonacci projections are excellent in the Forex market. I use it in conjunction with Fib retracements. If it retraces back 38.2%, my...

Eighteen years of studying TA and almost that many years of trading, I have come to the conclusion that 98% of it is trash. The 2% I have retained I would never trade without, but only when used in combination with each other. Knowing patterns are helpful, and I'm not talking silly 3 bar...

Not paying my credit card bills when I can is not an option, but sometimes these banks and the things they pull makes me want to see them all go under. I have a running balance due to a business start-up by my wife. She charges on Credit Card A, which turns out to have quite high interest...

I had an AWESOME leisure suit in the mid-70's for that much. Wore it out at the disco! :p

Maybe the headlines the last few days engineered this kind of response. I think we are getting so used to bad job numbers, month after month, where now bad news is becoming good news.

My vote is that they will save it. Perception is everything and the longer they delay the day of reckoning, the better.

In the last week two credit card companies notified me that they are lowering limits on my cards. The last one I used a convenience check to make a business purchase, and a credit card rep actually called me up asking me what it was for! I refused to tell him.. I told him it was none of his...

I have mixed emotions of health care reform. It is needed, but government provided health care is not the answer I am looking for. If I was 10-20 years younger I would have cared less about all this goings on, but I'm no spring chicken. Half my relatives of the prior generation are dead, the...

Glad I got my 40 acre mini-ranch. Move over horses, time to plant CORN!

M3 "includes all of M2 (which includes M1) plus large-denomination ($100,000 or more) time deposits, balances in institutional money funds, repurchase liabilities issued by depository institutions, and Eurodollars held by U.S. residents at foreign branches of U.S. banks and at all banks in the...

Hmmmm.... interesting. At this point, there is nothing that is beyond believable. You might be onto something. Or maybe not. Only time will tell.

They are the consumer of the future. The Western World spent all we had, plus a lot we don't have. It's their turn to undergo the rise and fall of their own respective empires.

Why does everybody try to make projections with daily charts? Look at multiple time frames. Weekly and monthly. You will get the bigger picture.

Dude, pick the "boring" securities to trade. The profits are slower but blow out days are rare.

There was an expected jump in employment due to census workers.

Yeah, I find it really sad (and disturbing) that, even if Faber is wrong on the extent of his warning, life just goes on without hardly a concern that he COULD be right. Unless somebody is over 70, we never experienced life without plenty, or at least plenty of opportunity. It is frightening to...

Mainly temps.

We've been in decline for at least four decades, but it has been masked by pseudo-wealth.

If one goes with a semi-auto, definitely spring for top grade commercial ammo, not target loads. Too many jams with the latter, and odds are it will jam when you need it the most. .357 magnum revolvers are always a favorite to shoot and have tremendous stopping power, but are too inaccurate...