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This is basically a variation of Alexander Green's "Gone Fishin'" strategy: http://www.amazon.com/Gone-Fishin-Portfolio-Wealthy-Agora/dp/0470112670/ref=sr_1_1?ie=UTF8&s=books&qid=1270663164&sr=1-1 You buy several distinct asset classes and rebalance at the end of each year. Because you...

This is incoherent because when you "buy" EUR/USD you are actually simultaneously buying euros and selling US dollars. When you "buy" USD/EUR you are simultaneously buying US dollars and selling euros. So in your first transaction you buy 1000 euros and sell 2000 dollars. In your second...

If you had ever traded forex you'd know there's a EUR/USD pair but no USD/EUR pair. The way you short the euro in dollars is to sell EUR/USD short. Obviously going long EUR/USD and short EUR/USD at the same time cancels out so you may as well have not traded (unless you enjoy paying gratuitous...

Precisely. For the S&P to go to 1300 it has to rise a mere 120 points from where it is now, the same size increase it's had from the first week of February, two months ago. An increase in over 8 months that's no more than what we've had in the past 2 months seems plausible to me. It also...

Israel was founded by terrorist groups like Irgun that did whatever they could to force Arabs out. You should also not forget the bombing of the King David hotel (http://en.wikipedia.org/wiki/King_David_Hotel_bombing). After being left with Gaza and the West Bank, Palestinians have seen more...

During sustained up trends it is possible for the leveraged long fund to go up more than enough to compensate for the leveraged short fund's losses. For example, if the short and long funds are each 2x funds, and the underlying goes up 20% each day for 4 days is a row, the short fund collapses...

Black Sholes assumes that the periodic returns are normally distributed, where the return for the i'th period is r_i = log(S_{i+1} / S_i) = log(S_{i+1}) - log(S_i). Thus the differences of the log price for successive periods are normally distributed, which means that the log price undergoes a...

And the Palestinian hating propaganda rises up!

Actually, in the pricing assumptions used to derive Black Scholes it is the logarithm of the price that undergoes a random walk, not the price itself. So a price has equal probability of growing by a factor of x or 1/x in any time t. (This assumes there is no trend, more generally a random...

I have news for you -- nobody knows what's in the bill except the lobbyists who wrote it. Do you really think that any of the congressmen who voted for it actually read the 2700 page bill?

I don't like Obama and loath Pelosi. But of one thing I am certain. The Republicans will choose a presidential candidate so horrid that it will guarantee an Obama win. That strategy worked in 2008.

I'd file harassment charges.

I never liked Bush. I was against the Iraq War from the start (talk about bait and switch). I was also against Bush's domestic programs: 1. The Medicare prescription drug benefit. Instant new deficits. 2. The No Child Left Behind Act. A federal takeover of our public schools that is...

Eight years from now Democrats will still be blaming all our woes on George W. Bush. Fact: In the last two years of the Bush administration Democrats had majorities in both the House and Senate. Fact: As Commander in Chief, Obama could have declared victory in Iraq a year ago and brought the...

Talk, talk, talk. It doesn't matter. AIPAC still owns nearly all of our congressman, and that's what matters. Continued aid to Israel is far more certain than any of my investments.

Nonsense. I don't care if all your mortgages, car loans, and credit cards are paid off -- Uncle Sam has $100,000 of debt just for you. And it won't reset when you die, your kids will inherit it.

I am against it of course. That's why I voted for Ron Paul. BTW, Obama's first year racked up the biggest deficit ever. Just because the Republicans are horrible doesn't mean the Democrats can't be worse.

That is why, if you really care about dying children, you should contribute some of your trading profits to an appropriate charity. The government will do what it always does -- spend our money badly.

I sincerely hope John Dennis (http://www.johndennis2010.com/) defeats Pelosi. But he's running in the bluest district in the country, so the odds are very low.

Yup. I'm sure the next priority is amnesty for illegal aliens. That way the illegals will get free health care, proving that Obama was indeed a liar when he said they wouldn't.