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I have heard stories of ex-athletes being recruited as traders. Not necessarily pro athletes either, big time college football players also. who would you pick to be your brand new wet behind the ears floor trader: A. a newly minted Phd. in statistics. Very smart, but also nerdy and...

I still think we have another 50-100 pts upside in the SPX, after that it could be scary.

"It is apparent that the public preference for stocks is not only as marked as ever, but also, the will to speculate is still a speculative factor not to be overlooked. The prompt return of huge speculation and the liberal manner in which current earnings are again being discounted indicates...

uh hello, what difference does power make if choice is an illusion ? If some people have power, then some people have choice.

you pretty well nailed it Maelstrom, and the critics just proved it with their little comments. to the critics: people who think they know everything are ALWAYS wrong. That is one of the few certainties of life.

LOL

basically all my posts said was get a job and stop trading for a while, which is 100% truth.

the best that I know if is the "shoe shine boy" effect. In the old days , they used to say that if the shoe shine boy was giving stock tips that was near the top of the market. its rare to see a shoe shine boy, but we see taxi drivers, hair dressers, etc.

quit pumping that marketthisweek BS, those people don't even do astroanalysis they do neural networks.

one other thing, do not trade at all for at least 6 months, and I mean AT ALL. Your psychology absolutely sucks right now and you will lose the rest of your money no matter what you do.

this is an excellent post. I understand about not wanting to take a "low" job. Well, the fact of the matter is I am one of those underemployed types. I had a near 6 figure income in the IT field in 2000. Two layoffs and a temp job later I am unemployed and the job I used to do now pays...

I don't have enough information to be a contrarian, and I don't think any individual investor does. You need massive research and deep pockets to be a successfull contrarian. Being more and more bearish as the market RISES is not a winning strategy for joe six pack or for me.

thx I'm not a scalper or even a daytrader so I don't care as much about the spreads, so I guess it would work for me.

random numbers, LOL ! if you want random numbers, dig out your dungeons and dragons game and start rolling dice and plotting the results.

When the student is ready, the teacher will appear, even if it is a big budget move with Keanu Reeves. Lots of people are thinking about philosophy because of these matrix movies. I don't buy for a second that they have anything to do with Jesus though. The Neo character is not Jesus, not by...

I've done some research into the subject. People that do it for ego reasons eventually quit or are destroyed by their own obsessions.

good job dude. shake those fuckers up, you are doing them a favor.

i tried the neural net trial. If a stock goes up by a penny a minute after they make the call, its called a winner, and they make zillions of picks every day. they have figured out how to make pretty stats on their page, but they haven't figured out how to make any money. To even make it work...

complete obvious shill BS poster. you are saying you have been in the biz for years, make a lot of money, and you can't figure out how to switch firms or make a fucking phone call to shop for a deal. It is BS like this that can destroy a message board for the real posters.

ultimately it doesn't matter of course. They can't stamp out all technical analysis without stamping out the markets. Anybody can use any method they damn well please.