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Why do you think they call it BS?

I have a Dell Poweredge 6600, 2800 and 1600 SC that I bought in late 2004 for $17,300,$5900 and $4800 respectively. I can send details if interested. I'm offering them cheap...They have never/hardly been used.

Seriously, stop now before you get into deep trouble. No joke. I have 20 years in the business.

Last year it was a record too. The year before it was a record too, etc. etc. Next year it will be another new record?

No way to predict. Everyone will suffer, nobody will benefit. Only who will suffer more or less.

This is nothing new and is indicative of the increasingly poor attitude toward risk that is present in the market. Everyone is guilty, retail investors, institutional investors and hedge funds. It is a product of a very competitive system awash with cash. It is obvious in stock valuations...

There will be huge blow-ups when the equity market feels stress. The hedge fund industry is riding the long equity trade both explicitly and implicitely. Until then, there will be some blow-ups but not systemically and in isolated cases. Hedge Fund managers are supposed to swing the bat...

Metals and commodities will selloff sharply as big demand is coming out of China. US equities would go down but not that much. Not much impact on treasuries. Really depends how the selloff occurs, if it occurs.

Audited? Verifiable? The answer is yes if it is true. However, if it's just a leveraged long equity strategy, while somewhat marketable, it is not of that much interest.

12% since when?

That's a valid point, bottom line, it still comes down to counting on future appreciation of house prices. If one is sure that houses will continue to appreciate at past rates, or near past rates, home ownership is a reasonable proposition.

Thanks for your reply. A few points, however: "*I pay 4.25% instead of 6.5% mortgage. So cost is 22758 instead of 34807 or 1896 per month." Unfortunately, the past is the past, a 4.25% mortgage is not relevant in todays world and should not be utilized in looking at the value of renting...

Good point regarding the tax on the interest earned. Now it is $4300 per month in carrying cost to break even vs. $3550 in rent. Same principal applies, it just doesn't make sense to own unless you are confident of sharply rising real estate prices (which has occurred recently). The biggest...

In many cases, renting is a better option. I have a friend in this situation, consider this case: He lives in a condo near NYC that would cost $850,000 to purchase. Instead, he rents it for $3550. Maintenance and taxes are a combined $1400 per month. Here is how I see his situation...

Edge=advantage, simple. If 'edge' is robust enough, and if 'edge' allows you to overcome trading friction, edge=positive expectancy. Must have positive expectancy (another poster referred as probability) to have profitable/winning strategy. Research my other threads to find examples of "edges"...

EqtTrdr deserves credit. Honestly, he has been making calls of 100% and room to go in all types of markets and has been 100% correct. Credit should given where credit is due. Congratulations, you have been 100% correct.

I tried to get the investor presentation for Westwood as a prospective investor. However, I was told that the Fund was closed and not accepting new investors. Does anyone have the investor presentation or know how I can obtain further information? Thanks.

Does anyone here trade or know anything about trading excess telephone bandwidth? I'm interested to look at investing in some experienced traders doing this.

There are more players with a "short" book which buffers the downside as the market drops. Long/Short hedge funds are largely responsible vs. the past when everyone was only long and downdrafts had a larger cascading effect of triggering stops and more stops with no support from any short...

Another incarnation of Coinz. "...the forex" a dead giveaway. Who calls it "the forex"?