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    Rumor--big Non-Farm # tomorrow

    Judging by the action on friday, or lack thereof, I'd say the equities markets haven't yet responded. About 2/3rds of publicly traded companies will report earnings in the week of January 25th and we'll see volatility pick up as anticipations start to change going into this week. By that...
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    “This is a very stubborn recession,”...

    Jobs that have been eliminated will not return even if sales in your average business pick up. The economy is still in a process of deleveraging and job eliminations and other cost savings are necessarily maintained untill balance sheets are back in order. This isn't achieved in a 24 month...
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    Still going up....

    The market reaction to the NFPs on friday and the subsequent drop off in activity point to indecision. As always after a period of indecision a sentiment change occurs that I believe will fully dawn on people this weekend and translate into lower prices in the coming weeks, starting monday. The...
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    Eurozone unemployment hits 11-year high

    Well the drastic uncertainty last year was caused by people thinking the banking system would collapse. The government disproved that scenario by showing that it was able to print and throw bundles of cash at the banks in order to repair their balance sheets. This ruled out a complete collapse...
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    Dubai World Says It Is in ‘Constructive’ Debt Talks With Banks

    These'll be rather one sided credit talks. Dubai World is primarily invested in Dubai real estate. If credit talks fail the good Sheikh will just nationalize those assets and leave the creditors to fight for some of the crumbs that are left from Dubai World's foreign holdings. The debt isn't...
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    Eurozone unemployment hits 11-year high

    The increase in unemployment is a sign of economic improvement. Since were dealing with a balance sheet recession here cost savings retained by laying off workers is a necessary step to clean up balance sheets. It'll take a few years of debt monitization by the Fed and debt reduction by...
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    Terry Watanabe loses $100 million in Vegas then sues Harrah's

    From a judicial standpoint it sounds like the man has solid case against the casino. From a moral standpoint the man shares responsibility, obviously. However that's not really what's at issue here, it's the casino's responsibility in the affair that's at issue. As it stands, keeping a man in a...
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    DRYS Jan 2011

    I don't understand why you'd mention the CEO's position as acting in your favour, if the value of the stock according to your own analyses is not tied to the CEO's acting but to the demand for oil. Neither you nor the CEO have any control over oil prices so the CEO's position shouldn't be a...
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    Bank run - Depositors bring down Dutch bank

    That's the most vile thing I read all week. States provide some valuable services such as the prevention of a collapse of the banking system. But more often then not they're a citizens adversary. What the state of California is doing under their law of unclaimed property is strait up theft and...
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    Trader Myers-Briggs Personality Type

    ENTP Extroverted Intuitive Thinking Perceiving Strength of the preferences % 11 67 44 11
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    "Insiders selling like there's no tomorrow"

    This is a natural reaction by people who saw their stock holdings decimated in the first quarter and can now sigh in relief after the recent run up. Insider's are as much in the dark about the direction of the general economy as everyone else is. Information such as this is only relevant on an...
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    Living paycheck to paycheck - must be hard wired

    A laptop for a four year old...? You should have given her a birthday party.
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    Obama mulls rental option for homeowners

    As a Ducthman, I wouldn't dream of ever moving to the US since taxes are so much higher there. On the whole taxes are lower in Europe and governments more efficient.
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    rt ES ATS journal

    How has your system done over the last four weeks?
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    Recommendations for a day/swing trading noob?

    If the market´s language does not operate on rules and does not follow from induction, how does it operate? It surely is not based on deduction alone, since a trader deducting from false premisses what the market is doing will lose money. So how does one learn to speak the market´s language...
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    Iterative Refinement

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    Iterative Refinement

    Chart:
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    Iterative Refinement

    To describe SCT as a 100% rule based science is a misrepresentation as the system contains a discretionary component. The rule based component is certainly derived from the fundamental structure of the market. The rules are universal, repeatable and therefore scientific. The repeatability of...
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    Iterative Refinement

    Hi, since it's been a while so I thought I'd pass by and post todays chart like I used to. Good trading.
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    Best City For Traders

    I'll want to live there from October to May. I'll spend summers in Europe and avoid the hurricanes. The tax benefits will weigh up to the downside effects of any possible disruption.
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