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Markets hate uncertainty. So they will head down. How far depends on a number of factors. If Obamacare is total uncertainty with health care costs spiraling out of control: - No one gets turned down. Guess who gets to pay? Voters? Why no its business. Then business will raise prices to cover...

My first trade was in 1971 with LUMs with a $4700 account. I was teaching math and computer programs on a HP3000. I wrote a trading program in BASIC that used price in data statements from the news paper. I was constantly feeding paper tapes into the HP, adding new data and then re punching the...

RN, Thank you for your kind words. My old retired mine had forgotten about that thread. It all goes back to a big lesson a student of mine in night school taught me during the 1980s. I was teaching computer science in a programming lab. I had to pair one of my bright students with a...

Hello Trader198, You are showing a great deal of courage opening a journal on ET with the meager resources you have to trade with. This normally releases the ET hounds from hell on a ‘newbie’ trader like you. Some of the items you must be prepared to hear are: - Losing multiple accounts...

As usual NoDoji you give us some of the most articulate and well though out replies on ET that I have read. I still go back to your closed journal and re-read the wisdom there. I can see you love writing like I do. There is one area that gets left off the risk per trade discussions that I...

Metastock has always been a well made product for the investor who wants to do technical analysis. Professional traders might use it for quick analysis but I doubt seriously any pro would attempt to trade with Metastock or Metastock Pro for a host of reasons. Metastock grew out of the 90’s...

I think your spot on.

Hello RCG Trader, Interesting indicators you have built. But, I think you are going to find out ET is a very tough insensitive crowd when it comes to trading directly with indicators. This is because most of the day traders do not rely on indicators as part of their set ups. Some of usual...

I retired several years early when offered the chance to quit the corporate jungle and go of and do what I really wanted – trade. What I found was too much of what I read about financing retirement was way out of line with reality. A big part of their assumption is that you will maintain...

I agree with you and you can add in Redboxes.

LOL, Well I would like to buy his course on the keys to the trading kingdom but I’m too busy saving up for Obamacare. :p :p :p

…he really meant to tell them that the big money was not in the individual fluctuations but in the main movements that is, not in reading the tape but in sizing up the entire market and its trend. And right here let me say one thing: After spending many years in Wall Street and after making...

Of course the same things happen in all speculative markets. The message of the tape is the same. That will be perfectly plain to anyone who will take the trouble to think. He will find if he asks himself questions and considers conditions, that the answers will supply themselves directly. But...

Thanks. You are right to point out the cotton. I did read the book. I was trying to point out to the others that he speculated in almost anything. That’s why I added futures and commodities to their list.

I agree. They always get their share of action.

He would be working hard on multiplying the loaves and fishes.

You got it right!

By Rachel Layne March 16 (Bloomberg) -- General Electric Co., which last year cut its dividend for the first time since the Great Depression, may resume increases in 2011 amid a “snapback” at the finance unit, Chief Financial Officer Keith Sherin said. “We’d like to grow the...

True. But things have changed since then. Thats why GS hosted the conference.

It was the dividend boost: http://dealbook.blogs.nytimes.com/2010/03/16/bolstered-by-finance-unit-g-e-may-raise-dividend/?partner=yahoofinance Companies in trouble don't raise dividends.