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  1. efficiency

    GOLDMAN SACHS will go down like all the rest

    Bueller.....................Bueller........................Bueller..................................... .............Bueller......................................................Bueller....................... ........................................................Bueller.
  2. efficiency

    EBAY=Not worth it

    Hold on..............hold on, there's a tear in my eye. OK, got it. With 3000 posts in a mere year (gee that rhymed) WHO should really be on ignore? Incidently, ignoring me doesn't change reality. Just aids in denial for those that lack self-discipline. That aside, are "we" still...
  3. efficiency

    Who's the market manipulator? SEC or GS?

    Hit the nail on the head. Most news is fluff. This is has more teeth. They call it a news RELEASE. Released on OE. By design. 3 of the last 5 days the range on SPY was less than a buck. Tight. Expect some range expansion.
  4. efficiency

    Size

    1% of capital for a given account divided by 2 ATR's with the "A" being 20 days. Looking to add to the positon at basis + 1/2 ATR. You now have cushion. Doubling up would make it 2%/2.5 ATR. 2.5 ATR represents a half week of net adverse movement. Add just once more, only .5% of capital...
  5. efficiency

    Only Idiots Make Public Stock Calls

    Not a bad pick. Insitutional saturation at 90%+ and scant inside ownerhip. Nice round number of 60 bucks. Potent Market's had it's run. Negative ROE Competition from overseas such as Posco and nationally from mini-mills such as Nucor. However, IMO opinion should be on a 3 day high.
  6. efficiency

    Lowest Reasonable Target For SPY Pull-back

    $118.35 is the Chandelier stop. $115.24 is the 20 day low and probable trend change. $104.58, look out below. April 15th 20 day average true range was $1.18. Lowest since February 2007. Three+ years. Third of a decade. Is a narrow range what a trader wants? Three of the last...
  7. efficiency

    RIAA Wants Gov. to Delete Your Illegal Downloads

    Charlie "Bird" Parker is considered the father of Hard Bop jazz. He was born and grew up in Kansas City KANSAS. He died in New York in 1955. He had no heirs. He was buried beside his mother in Kansas City MISSOURI for decades. About 11 years ago the City of Kansas City MISSOURI...
  8. efficiency

    RIAA Wants Gov. to Delete Your Illegal Downloads

    Another using the phrase "OK". Broad non-descript generic term. Got some lame, loose analogies. None of which has anything to do with trading. Patents are for 17 years, which is why we have generic drug companies such as Perrigo, Mylan Labs, and...............R&D Instead of copyright...
  9. efficiency

    Discount brokers and my frear of broker insolvency

    1. FDIC doesn't have anything to do with brokerages. The "D" is for deposits. 2. The SIPC (Securties Investor Protection Corp) does. Don't know about their capital/solvency. Do know Pension coverage is dubious. Ditto for Social Security when I get to my 60's 3. Being listed as nothing...
  10. efficiency

    RIAA Wants Gov. to Delete Your Illegal Downloads

    NO you're not. You're toying with me. Or.........maybe trying to provoke me. I used the phrase "hard bop" jazz. That's era than ended about 45 to 50 years ago. I personally deem music of that vintage to be "in the public domain". Assuming record companies pay correct royalities a half...
  11. efficiency

    RIAA Wants Gov. to Delete Your Illegal Downloads

    Ah, another cute one-liner. That's not all you're missing. I was referring to copyright infringement from a monetary standpoint rather than ethical one. Affects the record companies not the artists. And I paid plenty of moola to record companies over the years (and in turn royalties to...
  12. efficiency

    RIAA Wants Gov. to Delete Your Illegal Downloads

    Eh........they're not ON my hard drives! MP3's converted to WAV's then burned to CD. Thank you WinMx, thank you Lime Wire and thank you Napster (for being a trailblazer). Given all the bullshit taxes I pay, I have little conscience for copyright infringment of dead artists. And artists...
  13. efficiency

    Is DOW 11,000 A Bull Trap?"

    Being "convinced" aka rigid, is not a good stance to take under most conditions. Mister market is capable of humbling all of us at any point in time. I'm more interested in making money than being right. The latter is merely a by-product. Missed? I'm virtually always long AND short. aka...
  14. efficiency

    Unbelievable ! My stops get hit every time

    You're telegraphing where you are...........and your intentions at a specific price point. Identifed prey. You might consider trying mental stops in conjunction with alerts. Then decide if and when you get an alert whether to exit. Renders the matter discretionary rather than mechanical...
  15. efficiency

    Crony Contracts: Want federal business? Better be a union shop.

    As a sidenote, there's also the matter of minority contractor status. I know of a Hispanic construction firm in Nebraska that "re-did" some of the Alamo in Texas. I doubt IF the job stemmed from their engineering prowness nor bid letting. I would also imagine their were some San Antonio...
  16. efficiency

    Hey shorts, I just want to ask you a couple questions. I promise I won't laugh..

    Yep, there could be ANOTHER leg up. Market climbs the proverbial wall of worry and there's lots of boomer money yet to be confisicated. With short rates near zero, this should compel the public back in. Thus far it really hasn't. As for the here and now, you know, reality; volatilty is...
  17. efficiency

    Economic Education

    Last autumn, two economists went duck hunting. One shot to the left. One shot to the right. When they averaged their shots. walla, duck dinner. Other than the elasticity of demand, economics is more of an art form than science. On par with psychology Gestalt, Chicago school, Freud...
  18. efficiency

    Is DOW 11,000 A Bull Trap?"

    1. That line of BS is from a song by The Tubes. Not too original. I much prefer "Talk To Ya Later". You know, I have every confidence YOU can relate to it. 2. 280 posts this year. Whoa. Is there some kind of prize involved? 3. Since I'm here, the 20 day average true range on SPY...
  19. efficiency

    Hey shorts, I just want to ask you a couple questions. I promise I won't laugh..

    Eh.........you wanna know what I'm thinking? 1. DJIA is only 30 stocks, not truly representative of "industrials" and merely re-tracing where it's already been. Hmmm, between 1966 and 1982 ("long" B4 YOUR time), the dow repelled off the 1000 mark 4 or 5 times. IF and when we get to new...
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