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Not sure if you're serious or sarcastic... if you're serious, Al Qaeda's attack attempt of a Saudi oil facility shows that AQ wouldn't hesitate to attack an American port whether it's operated by UAE or not. The ironic thing about the UAE ports uproar is that Bush's own demagogery has...

2. Yes, at extremely high supersonic speeds (rifle speeds or higher) its possible for anything to punch a hole through a building. These planes were flying low and slow -- maybe 200 mph. 3. A&E could simply be wrong without being part of some conspiracy. In numerous wire reports, the...

I know it's not what you were asking about, but I will say we will never know what really happened on Sep't 11, 2001. I do not embrace conspiracy theories but I have to say that the evidence that casts doubt on the official version of what brought the twin towers down is beginning to convince...

Good post. It's no surprise the Bush tax cuts have had little stimulative effect. Keynes believed excess savings was bad because it was stagnant money; money needs to change hands to stimulate production and jobs. Before anyone jumps on me and says the savings rate is at an all-time low, we have...

I don't understand the defense of Greenspan, nor do I understand the idea that he somehow created wealth in the U.S. The only thing Greenspan is directly responsible for are short-term rates, and that's exactly what he mismanaged. Taking short-term rates down from 6% in late 2000 to 0.8% in...

As of Sept 30, GM has $278 Bil in long-term debt. As of Sept 30, Ford has $147 Bil in long-term debt. The combined debt, $425 Bil., is enough to finance two wars in Iraq. It's enough money to pay this year's federal budget deficit and put the nation into a budget surplus for one year...

You don't have to go to cash to reduce or eliminate risk. You could buy put options against long equity positions. EWJ, the Japan ETF, has broken out into a steady climb. Currently priced at $12.93. A June 2006 put option with a $13 strike price currently bids at $0.75. If EWJ climbs past...

I have to congratulate you on your persistence and dedication to a worthy goal -- improving the national retirement system so that the country's elders can live in dignity. There are millions of people who don't have the skills or inclination to be investors or traders, and yet worked all their...

I wouldn't short sell Mexico. There's a real estate boom underway, interest rates are dropping, GDP is going up, NAFTA has made foreign investment possible, and they have oil to sell. The Mexican stock market is on a tear. http://www.businessweek.com/magazine/content/05_48/b3961161.htm...

I'll give you a hint. Mo-mo stocks have a range of slopes. The price goes up at a sustainable rate... not too steep, not too shallow. Also, mo-mo climbers like the ones I posted don't zig or zag. They have very neat and orderly chart patterns. In a statistics textbook look up Pearson's...

Heh, that's why I said short term. But, on the other hand, if some prognostications about "Helicopter Money Bernanke" come true the dollar will fall and the peso will appreciate ;-)

Momentum climbers are easy to find. Here's a bunch more: http://stockcharts.com/candleglance/?TFSM,lpsn,qdel,akn,plnr,arna|C|G0

Short-term Mexican government bonds yield 8%+. Seems like a pretty good return given that I consider the risk of short-term instruments to be fairly low, since the government is pretty stable and the economy is doing OK. These are denominated in Pesos. Anyone know how an American can go...

Here's rigorous academic proof that T/A works. ==== FOUNDATIONS OF TECHNICAL ANALYSIS: COMPUTATIONAL ALGORITHMS, STATISTICAL INFERENCE, AND EMPIRICAL IMPLEMENTATION Journal of Finance 55(2000), 1705-1765. Andrew W. Lo Technical analysis, also known as ``charting,'' has been a part...

OK, I'll predict a few stocks to try to disprove the "unpredictable randomness" theory. Trying to predict all market action all the time is an exercise in futility. However, it is useful to recognize there are pockets of non-randomness that appear in the market as fleeting opportunities to...

I like to think the flips are not independent because traders are influenced by yesterday's price. Prices change because of actual or anticipated events. But in momentum stocks the chart builds in a sort of inflation (expectation of higher prices). If one considers this chart: The linear...

Going back to the original post: "Seriously, my trading experience has shown me that trying to predict the direction is worse than flipping a coin" Question: for stocks in secular straight-line uptrends, what is the statistical risk of the stock not continuing to go up? Yes, all uptrends must...

Here's my take on RAD, Z. I think we're oversold and I'd consider a limit order of around $3 for Monday and hope for a hammer candle to reach down and fill it. With CCI down under -100 and 4 days down in a row RAD's due to find support. Fundamentals are weak with a stagnant topline but...

Trading is gambling. Investing, however, is not. Investing is the deployment of money into an asset based on an evaluation of micro- and macroeconomic conditions with the expectation of asset growth. Trading is the purchase and sale of securities based on speculation of market price...

Capitalism, in its pure form, is one of the worst forms of economic systems known to man. Capitalism by itself is a manic depressive. Wild swings of mood from giddy prosperity to the deepest, darkest depressions. Unrestrained monopolies corner markets, leading to inefficient concentrations of...