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  1. J

    Uptick rule may return, Rep. Barney Frank says....

    Return of the Specialists. Time for them to buy a couple more homes in the hamptons and a couple Ferraris.
  2. J

    Credit cards are next credit crunch-Meridith Whitney

    The content under discussion was actually pretty good compared to the normal BS they have on.
  3. J

    Economy isnt that bad...poor people still driving mercedes'

    CASH4GOLD, baby! They are just stocking up on gold so they can pawn it off when the price is right.
  4. J

    Trader Girl Forex Trades

    I draw my own lines based on previous price action, six sigma statistics, and momentum using my own methods and it has nothing to do with fibs, and many of those lines coincide with fib lines. It's like magic, I don't know why either, but perhaps human behavior has a preset limit on greed and...
  5. J

    Hedge Funds May Cut a Record 20,000 Jobs as Losses Erode Fees

    Most of these funds will pop back up in some shape or form. It is better to close the fund, and start over. That way, they can collect the performance fees again instead of waiting for profit on the old funds which are way underwater. Most of these guys are just churning anyways. It's easy...
  6. J

    What happens with unions if automakers file for Chapter 11 bankruptcy?

    Time to shutter GM. It is not really a business when it needs Billions to be propped up. Yes, there will be huge joblosses, but it's an unsustainable business model where people with high school degrees are making $50+ per hour. If this was any other industry, no one would even care. UAW...
  7. J

    If my retirement gets nationalized

    Resistance is futile. You will be assimilated.
  8. J

    "In 5 Years, Everything Will Be Fine"... Buffett

    And last I checked, the US is still not manufacturing anything. What is exactly going to lead this recovery? There is no wealth left, and there is no more easy money from credit. Our previous growth was all from credit or borrowed money from the Chinese. Jobless recovery. LOL. What are...
  9. J

    "In 5 Years, Everything Will Be Fine"... Buffett

    ^ There is no more dollars in his trading account. So they are actually saved from being doomed.
  10. J

    Looking for a FX mentor

    You traded for a large hedge fund. We should be getting information from you. Didn't you learn anything from them?
  11. J

    Quitting full-time trading - what next?

    Can you find a worse time to try to get a job in the finance industry? In this economy, there are much better qualified folks with college degrees that can't even find a job after they got laid off. And I'm talking about people who have worked for years in the industry and have an impressive...
  12. J

    Ruth Madoff’s Lawyer Says She Has Millions in Assets (Update1)

    What exactly has the wife done to earn $62 million dollars in assets? And why do they need a $7 million dollar homes, and how did Ruth pay for this? They are criminals who bought all those stuff on the backs of other investors money. They should have to forfeit every last penny, and go live...
  13. J

    Buying Calls part # 2

    I hope you are a man of your words. We need the market to recover, just capitulate already.
  14. J

    Trading Tax Would ‘Decimate’ Markets, NYSE’s Niederauer Says

    ^ If that above is true, we are F'ing screwed. What is the possibility any of these deadbeat companies are going to pay back the TARP money? Give me a break. That is a one way loan.
  15. J

    Weinstein Trading and Fading

    BG, Can you take your drivel to PMs or start your own thread? Seriously, nobody cares about your staff, your ipods, your NYC party, or whatever offtopic subject you are babbling about. People read this thread to see what and how Robert is doing.
  16. J

    Trader Girl Forex Trades

    LOL. You should hear about my tale of how I got started. I quit my day job thinking I was some hot stuff trader (of course, looking back now, I was a complete retard...and I think now, WTF were you thinking?). Proceeded to lose $13K on the very next day that I quit my job, which was a...
  17. J

    Trader Girl Forex Trades

    amy, Here is an exercise that I've been using lately to prepare myself for larger size, or at least not crumble under the pressure of seeing swings by the significant dollar figures. Open a free demo account in the metatrader platform of your favorite bucketshop...forex broker. And select a...
  18. J

    Bernanke rips AIG - says nothing makes him angrier

    I don't know what's funnier, these AIG clowns or Madoff trying to claim his 7 million dollar home and 50 billion dollar savings as his wife's propoerty. LOL. These people have no shame.
  19. J

    Why can't I make money - when I know what do do?

    ^ Ummm, I actually do the opposite. I buy when the stock is moving up (and looking for support areas to buy) and short when the stock is going down (looking for resistance areas to short). Especially when it is breaking out.
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