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  1. O

    I need career advice. Degree in Computer Enginerring?

    Yes. The IT boom is over. A lot of fresh graduates with computer science degrees cannot find a job now. Tons of IT recruiting firms that have been around for decades are running out of business. The situation is getting worse and worse as more and more IT work is being outsourced to India...
  2. O

    Over One Trillion Dollars of Deficit in Four Years

    How would this affect the US stock market in the short-term and in the long-term ? ============================================= On top of this year's estimated $304bn deficit, the cumulative deficit between 2004 and 2008 would rise from the previous estimate of $114bn to $1,084bn...
  3. O

    FW wall street top 100 earners

    In addition, if your fund gets busted, just wait for a while. And tell everyone the following: "It was a sound trading strategy. The timing was only off by a little bit. If I could hold on to my portfolio for few more weeks, I would have made a lot of money." Then, you can look for new...
  4. O

    Why So Many Ivy League Fund Managers?

    I agree. This is how I feel after getting a degree from an Ivy league school, and then working at several investment banks and a hedge fund. :p :p :p :D :D :D
  5. O

    shorting QQQ

    The uptick rule does not apply to QQQ because it is an Exchange Traded Fund(ETF). The best way to think of an exchange traded fund is as a mutual fund that trades like a stock. :p :p :p :D :D :D
  6. O

    I'm so bored!!!

    Be careful. I felt bored on Thursday, so I took a nap. When I woke up, Dow Jones was down 166 and Nasdaq down 36. If you sleep now, Dow Jones will be down 300 when you wake up. :p :p :p :D :D :D
  7. O

    Nuclear weapon

    I have one question. Why did the Chinese and Russian allow North Korea to develop nuclear weapons ? Don't they know that North Korea can be a threat to them too. :confused: :confused: :confused: :confused: :confused: :confused:
  8. O

    connecting a cable to the moon

    You may like to visit the following web page: http://bustard.phys.nd.edu/Phys171/lectures/repulse.html The title is: Repulsive Gravity & the Cosmological Constant :p :p :p :D :D :D
  9. O

    xp failure to shut down

    Try the following web site: http://aumha.org/a/shtdwnxp.htm You may like to do a search on the Internet using Google to find more info. You can also post the problem to Microsoft Product Support Services. http://support.microsoft.com/newsgroups/ Good Luck. :p :p :p :D :D :D
  10. O

    Nuclear weapon

    I ***THINK*** North Korea already possessed nuclear weapon.
  11. O

    Pray for the families of our lost astronauts

    I do not understand how can the following happen after the Challenger tragedy. Was NASA supposed to fix all the problems 17 years ago ? ============================================== Columbia shuttle breaks up over Texas Seven astronauts aboard space shuttle Saturday, February 1, 2003...
  12. O

    :taxes question capital losses:

    For your Information: Bush has spoken about raising the maximum capital-loss deduction. An investor can use capital losses to offset capital gains, and if there is an excess of the losses, can now deduct up to $3,000 from ordinary income. Any remaining losses can be carried over, to generate...
  13. O

    What is going on ?

    Good guess. Now, the Dow Jones Industrial Average shoots up to triple digit gains and the Nasdaq is in the green territory. Feel better :p :p :p
  14. O

    Prop Firms That Care?

    Yes. I would like to make this before I left the steet too.
  15. O

    What is going on ?

    It seems that "someone" may have known "something". AMAT cuts first quarter sales outlook. It really hurts the Semis and the Nasdaq futures. :( :( :( :( :( :(
  16. O

    Prop Firms That Care?

    I do agree with you. Getting a job at Wall Street now is much tougher than three or four years ago. If the stock market continues to tank, it may get even worse. :( :( :( :( :( :(
  17. O

    Prop Firms That Care?

    Yes. I know that a lot of people at Wall Street are very smart. But a lot of people at Wall Street can survive by playing politics too. I met both of them.
  18. O

    Prop Firms That Care?

    At major investment banks, if you know how to play politics and have good connection, you can be a trader getting a salary of several hundred thousand dollars plus bonus without making any profit for years. I doubt that you can survive in a prop firm by doing so. :D :D :D :p :p :p
  19. O

    What is going on ?

    Had a nap. Woke up and noticed that Dow Jones was down 166, NASDAQ down 36. What is going on ? Did any star analysts open their big mouths again ? :p :p :p :D :D :D
  20. O

    will computers ever take over the markets?

    IMHO: My guess is "no". Trading is an "Art". People's psychology changes all the time. New instruments, which may lead to new correlations, are added to the financial market regularly. A lot of trading strategies that are not feasible now, may become profitable in the future because of...
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