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Being good at math is near crucial i'd say. It helps to be excellent at 7th grade math. Need to be able to do things like percentages super quick and things like knowing that $45 up from $30 is same at $63 up from $42. Fractions, percents and super quick addition subtraction of numbers like...

Trading the ups and downs of the market is a meaningless existance if that is all you do, regardless of how much money you are making. The stress is really hard on the mind/body and while there are periods of feeling great when you are making alot. Most of the time you are off your highs...

Money supply is tough to measure. I think it is safe to say that the wealth/money destroyed is in excess of the amounts of the bailouts/gvt spending by a large large margin. I think gvt is just trying to offset the destruction. Certainly the end result will be inflation and higher prices...

We have near record deflation right now. The credit bubble propped up all prices with unsustainable debt driven demand and now prices for many things are crashing back down. Gold may be no different. If people are losing their jobs and have less money, are they going to go out and buy gold...

deflation has gone parabolic also. My gas station lowers the price sometimes twice in the same day.

Actually, if something appreciates 50%. It only needs to fall 33% to get back to where it was. So using your numbers there is 8% more to go.

and speculators short this contract into oblivian

If we all email opec maybe they will listen. http://www.opec.org/home/contact/contact.aspx I have requested that they lower oil prices back to 100.

May 23 (Bloomberg) -- U.S. motorists, who are paying record prices for gasoline, drove 4.3 percent less in March for the biggest monthly drop ever, a government estimate showed. The decline in vehicle miles traveled was the first for March since 1979, when Iran cut oil exports, the Federal...

I don't think Opec, the oil co's or the other national oil co's want the world economy to crumble or have the aviation industry all go bankrupt ect. I suspect the price will start mysteriously falling for awhile from here. "THEY" will get it down now.

When Crude hit $75 in 2006 and there was a big outcry, the price mysteriously started falling, eventually all way back to $60. The outcry this time is much larger. I think the powers that control Crude like it to stay out of the headlines so they will let it simmer down some. They are fine...

For 5 years the price went up as America consumed more and more. Now finally America has hit its breaking point and consumption is down alot. And demand only going to get worse later in year as airlines cut back on capacity I.E. AMR. CNBC running OIL Crisis Prime Time Special same day Crude...

Time for the energy traders to start speculating the other way. AMR cutting flights 11%. That is more than 9/11 that sent crude down to $14. Today's airline news should of taken $3 to $5 off the price of crude. Are we in silly season?

Sad truth is that I think he is right. $3.53/gallon is really a bargain. How else you going to drive to work, take your kids to school and the park ect. $6/gallon seems like a fair price for 22 miles of transportation if you ask me. What you going to do, walk? I think the American...

1.57 Euro $111 oil and $1030 gold could look silly after ECB cuts. If i had to average into any trade over the next 3-5 weeks it would be OIL, GOLD and Euro shorts. Just my gut feeling. Or was $95 oil and $975 gold the buys of a lifetime? somehow i doubt it.

The point is, if the reason why market players have conviction to short the markets into oblivian is because a bankrupt firm was taken over at $2 instead of the $33 they feared...then the selling is emotional and thus likely not sustainable. That said, this is looking more and more like black...

Had the takeover been at $33 instead of $2 would the market be down much tonight if at all? I think the $2 takeover price startled the market. But if you think about it, the takeover price is pretty irrelevant except for BSC and JPM. JPM is getting a better deal than people expected...

LOL. Tonight the market is a "coiled spring" he saying at 1325. Classic.

Cramer on show tonight doesn't like the market at all at SPX 1275. Time to hunker down and get defensive and try to hit some singles. Capital preservation time.

Thing is, its all about relative yield. There are ton of corporates that also aren't going under in a 100 years but are not fetching tremendous yields. GS preferreds just one of 100's. This is why stocks fall every day. Fixed income markets so screwed up and there are so many presumably...