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Today I attended the call from recess and reconvening of the Nevada Republican state convention at the Grand Sierra Resort. It ran from shortly after 9:00 AM until a little after 4:00. Lacking the presence of any party leadership (chairman Sen. Bob Beers was called for but did not attend...

Jackson was able to do what he did with the currency because he had enough popular support to get elected. We have another Andrew Jackson in our midst now but Dr. Paul is being shunned. Big mistake imo.

Depends on your accuracy. Assume 30% losers. On two contracts and a six tick stop loss, then three losers = -36 ticks. If the remaining 7 trades go for six ticks and scratch the second half you have 42 ticks. If you are scalping you can't have a 50% win loss ratio. The whole idea requires...

I have posted this link before in other threads on this subject. Anyone that can read this and not recognize that there is a PPT is in denial. When and whether they are acting is subject to debate but there can be little doubt that they exist. http://www.sprott.com/pdf/TheVisibleHand.pdf

Yes. For a good look inside the shaky EU see if you can get a copy of Bernard Connelly's book The Rotten Heart of Europe: The dirty war for Europe's money. He was a state economist for the British government and was privy to many of the key players and events leading up to the EU. For his...

It's a buyers market that hasn't bottomed yet?

IronFist, your question is a good one and has to be dealt with by every trader. Fwiw here is my thinking on it. Let me say right up front that I have been trading seriously for six years now and only in the last few months have I come to the point of actually being consistently profitable...

When you have lost enough money you will start focusing on trading properly instead of hitting home runs, unless you run out of money first.

Kind of like the financial wizardry that got them into this mess to start with...

And a tip of the hat to Stock_trad3r for the exact quote. Good job.

The truth is that Obama is just another gasbag saying what he thinks will generate votes from an apathetic and uninformed electorate who think government can and should solve all of life's woes. Don't include me in the "rest of you guys" that think the Bush tax cuts are really there. The debt...

I remember watching Mondale's acceptance speech at the convention. He made the statement " I promise you that I will raise your taxes..." There was a smattering of applause but it was mostly silence in the auditorium after he said that. I think he lost the election right there.

:p good one

Thanks for that DT-waw. Back when Ritter was an inspector in Iraq I thought he had been duped somehow. A few months ago I saw him promoting his book on Cspan and had to come to a different conclusion. Turns out he has been right all along. His predictions will likely be right as well.

The plot thickens...

And the expected response http://news.rgj.com/apps/pbcs.dll/article?AID=200880603082

The short answer to the question is: Nope

Here is the latest.

Finally, some sense. The world is awash in dollars, euros and yen looking for a home. Right now oil is one of those places.

My guess is that "a big turnout" translates to "we are trying to figure a way to get all the no shows into the convention." The original turnout was 62%. Presumably since Romney retired from the race after taking over half the vote in the caucus and before the convention, a large part of the...