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It may be news to Obama, but the American consumer is the cause of high oil prices.

Indeed. Price fixing & rationing coordinated by some global committee of politicians. Sounds like a great plan. :D

LOL. For every long there is a short. Therefore paper supply for oil must also be 11 times physical supply. You seem to be suggesting we can run our cars on this paper supply.

Because they don't support your prejudice?

Google is your friend. "According to 1982 figures, 111 American nuclear plants consumed about 540 tons of nuclear fuel, generating almost 1.1 x 10E12 kWh of electricity. During the same year, about 801 tons of uranium alone were released from American coal-fired plants. Add 1971 tons of...

Not such a good idea... "the waste produced by coal plants is actually more radioactive than that generated by their nuclear counterparts." http://www.scientificamerican.com/article.cfm?id=coal-ash-is-more-radioactive-than-nuclear-waste

So you're saying you trade based on no information at all and don't have slippage or commissions :confused:

All information is from the past. You can either use it or trade randomly. Since trading randomly cannot succeed, then the successful traders must be using past information to inform their decisions. Or are you you claiming that there are no successful traders?

Interesting. Apparently, coal is also radioactive.

I heard CFTC shut them down. Apparently they've been providing a good, low-cost STP forex brokerage service without the required protection. The moral is: Don't wire your money to the US unless you want to deal with the NFA cartel and their CFTC enforcers. :eek:

You need to think again. Demand doesn't need to drop 5 times for price to drop 5 times. It only needs to be less than Supply.

If your going to add to a position you need a good reason. Just because it's winning (or losing) is not a good reason, unless you think your personal P/L is a predictor of future price movements.

And I have updated mine with yours. :p

Profile For JohnathanIII Date Registered: 01-28-11 Total Posts: 76 (7.99 posts per day) :confused: :D

I find laptops more reliable.

When your MT4 demo expires just go to File>Open an Account and restart it.

One door vs the best of two doors. Not a hard choice.

Well according to that site: "Based on internet averages, elitetrader.com is visited more frequently by males who are over 65 years old and browse this site from school." Just as I always suspected. Bunch of geriatric school boys. :D

"At-a-glance: Cameron coalition's policy plans ... New tax on financial transactions" http://news.bbc.co.uk/1/hi/uk_politics/election_2010/8677088.stm

Now that's something I would like to have. I'm a much better trader in my dreams!