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  1. M

    Economics in a few sentences

    Economics is politics in disguise.
  2. M

    A Question for Scalpers

    My mistake for not realizing FT was paraphrasing someone else. Yours for continuing with the abusive comments, but Steelhead takes the cake. Uncivil bastards, go get laid. Agree with VSTscalper. It's all about the set up. New highs, new lows, reversion to the mean, dip after breakout, and...
  3. M

    A Question for Scalpers

    Don't be such a literalist. And don't be an abusive asshole, either. I believe FT's POINT is that a scalper's trading capital is ON THE ORDER OF 100 times larger than his expected profit. If I scalp 1000 shares of AAPL at $60/share, I'd be damn pleased to snag $600 for my $60k of capital...
  4. M

    MB Trading: 12 day hold on check deposits

    I had a similar problem with another broker (Kitco) that only accepted personal checks and imposed a long hold. Their explanation was that they only processed incoming funds to their bank every few weeks (which I find suspicious, since they'd be foregoing interest). The solution was simple: I...
  5. M

    Significant Reduction in Petroleum / Gasoline Prices, HOW?

    http://www.nytimes.com/2006/01/30/business/30cnd-exxon.html?ex=1296277200&en=8ec83a7f4025b22b&ei=5088&partner=rssnyt&emc=rss According to the above NYT article, Exxon-Mobile's 2005 profits were $36.13 billion on revenue $371 billion. That's a 9.7% profit margin, which is healthy but by no...
  6. M

    What is a Dollar?

    Oh, sorry -- I thought you wanted to know WHERE is a dollar.
  7. M

    GM - what are the chances of bankruptcy?

    Don't forget everyone whose IRA has a stake in a mutual fund containing GM -- in other words, just about every one.
  8. M

    What is a Dollar?

    http://www.wheresgeorge.com/
  9. M

    What Was The Most Simple Edge That Worked For You?

    Exactly. And those who don't know how to quantify the odds are trading blind.
  10. M

    AAPL - My Favorite Cash Cow

    Day trading AAPL is like milking a cow for me -- it just keeps on giving. It has everything you could want for day trading: volatility, liquidity, easily shortable, and -- most important of all, it trends strongly. Just wait for basic technical patterns (e.g., today at about 3PM EST it began to...
  11. M

    THI--- Not the Hot IPO TODAY---BMA IS

    Cost, How do you like JCI? It's got legs.
  12. M

    multiple personalities help traders, or not?

    I find that multiple personalities can be useful for hedging and straddles. Greed on one shoulder, fear on the other.
  13. M

    THI--- Not the Hot IPO TODAY---BMA IS

    For daytrading, both THI and BMA are far too thin for my taste. AAPL has been beautiful all week. NYX scares the hell out of me.
  14. M

    Uranium and Coal

    Sam: Thorough summary, much appreciated. Regarding safety, the pebble bed reactor looks very promising: http://en.wikipedia.org/wiki/Pebble_bed_modular_reactor "There are firm plans for thirty such plants by 2020 (6 gigawatts). By 2050, China plans to deploy as much as 300 gigawatts of...
  15. M

    Uranium Futures ????

    Am I corect in assuming that the only way to invest in uranium is to buy uranium stocks?
  16. M

    Hottest IPO of the year ... THI

    LH, Much obliged.
  17. M

    Hottest IPO of the year ... THI

    This baby going public tomorrow or what?
  18. M

    Economic implications of being in Iraq/Iran/ Afghanistan beyond 2008

    And I don't know if you can comprehend that the elected officials of the US aren't representing the interests of the populace.
  19. M

    Economic implications of being in Iraq/Iran/ Afghanistan beyond 2008

    I realize this post is about the economic implications of Iraq/Afghan occupation beyond 2008 -- but I just gotta take the opportunity: The majority of Americans say get out of Iraq. Bush says we're staying in Iraq. Is this a democracy or not? This cocky asshole needs to be put in his...
  20. M

    I just lost it

    We've been over this: http://elitetrader.com/vb/showthread.php?s=&threadid=65612 Based on your figures, 'Cat in the Hat' will cost you 7% of your remaining net worth.
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