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    Martingale system in Trading

    It works great! ..... as long as you don't run out of money.
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    How about the big 3 autos borrow 25B from big oil

    Doesn't it make more sense for GM, Ford etc to borrow from Exxon, Conoco, etc? :)
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    What caused this huge rally after 1PM ?

    It's funny we say this all the time, but I'm not totally sure it's accurate. More like buyers were willing to pay more or sellers weren't willing to sell for less. Since technically every buyer has a seller. But I agree with others. It's a good lower risk entry point and it gives you a...
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    Heads or Tails

    My thoughts exactly. It's an example of thinking outside the box. There is always the potential for outcomes that you may not have thought of.
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    Heads or Tails

    Flip a coin into the air and let it land on the ground. What are the odds it lands on heads? What are the odds it lands on tails?
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    You Lucky Bastards: FMD

    I'm still holding. Of course for me it's a lotto ticket. Do or Die. TT
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    ET Official Bottom Watch Thread

    When Stock_Trad3r sells all his longs and declares that he's going short. That should mark the bottom. TT
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    What do you do here?

    Standard Operating Procedure in the accounting biz. My wife works for a CPA and they're always filing extensions. Hell, some times if they don't get something in the mail on time before a deadline, they take the evelope out in the parking lot, stomp on it a few times to dirty it up, back...
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    Weinstein Trading and Fading

    Don't get too excited. The news release says 2.25 cents (not 2 dollars and 25 cents). TT
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    You Lucky Bastards: FMD

    I hope some of you guys are still holding onto this one...
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    48% of Crude positions held by speculators. One trader holds 10% of OI

    It was probably semgroup? Or pickens?
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    Is buying and holding worth it?

    I think if you're going to buy and hold it's better to look into dividend paying stocks. Buying and holding stock means your a partial owner of the company. Shouldn't you get a bit of the profits when you're an owner? Everything else technically is speculation. Long term speculation but...
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    You Lucky Bastards: FMD

    Anyone still in this? I've been holding, avg'd down a bit. Done for now. Small position - 150 shs at avg of $3.27. I may add if it starts showing signs of being ressurected and moving up. $0 is my stop loss.
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    WOW, Corruption in Iran

    We have no,... how you say "corruption"... in Iran. They do not exist here.
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    wow, oil inventories down 8.8M

    At what price does the good ole horse and buggy, pony express etc start looking attractive and cost effective?
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    Will I get laughed out of the bank?

    lol... nice!. When the cops ask why I did it: "I just wanted to buy some stocks man!" Daal - I've looked at the credit card option. I can get like 10 or 15k at 3.99 until it's paid off from my chase card, but it's just too risky. They jack the rate just because they feel like it. You...
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    Will I get laughed out of the bank?

    Thanks for the replies guys. Bogan7 - The link comes up with a page not found message.
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    Will I get laughed out of the bank?

    I want to borrow a couple hundred thousand bucks to put into two or three hundred dividend paying stocks, funds, reits, royalty trusts, muni bonds etc. I want to have the stock be collateral for the loan (like when you get a mortgage the house is the collateral). Plus you'd think banks might...
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    Invest in Auctions / Foreclosure Industry?

    It would seem like with all the home forclosures etc going on now might be a good time to invest in auction companies and other industries that stand to benefit. Any ideas?
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    A couple interest rollover ideas.

    I wanted to throw some interest/swap/rollover ideas out here and get a bit of feed back. Idea 1 - Go long/short a pair at a broker that accrues interest by the second. Make sure the pair is interest positive with your position. At another broker that only cedits/debits rollover interest...
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