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The oil companies want it at $35......they definitely do not like the wild swings.....makes it too difficult to project budgets for future developments.....invest 300 million to develop oil field and not know what price is product at end of process???? If you ever listen to the interviews...

Isn't this the same basic method of Bill O'Neill's CANSLIM? Invest in stocks that are increasing revenue and profits quarter to quarter.....after each earnings announcement the stock brings in more and more investors with little corresponding selling. SteveD

What is form 4797? Schedule C would show your trading income, after loss, brokerage expenses etc etc off of your statement. Then on C you would itemize expenses such as cable, data feed, publications, office rent/expenses and other trading expenses one can get away with, LOL No...

Barton Biggs book "Hedge Hogging" is a good read in laymans language...... Where are you located? Put together a short preliminary business plan....cold call on CPA, CFA etc etc...local pension funds, police dept, fire dept, other small local institutions....you would be surprised who...

You know, I actually knew the founder/leader of the "flying tigers". I think the article said "improper" shorts, not "naked". Nice try though..... SteveD

I know no one on ET listens to CNBC, but if you did, you would have seen several interviews with major oil CEO's all saying that oil prices were not sustainable....they see it about $35-$40 bbl But, hey, what do they know about oil prices.... SteveD

I would suggest Bill ONeill's books........he has done a great amount of work regarding the movement of stocks....I believe that over 80% never come back.... There is a reason they are falling below 200 day MA... SteveD

Oil is the one commodity that unless you are actually in the business one should not try to predict and/or trade.... It is truly a "big boys" game.....BUT the oil companies want the price around $35.....for a lot of reasons... Most of the oil producing countries have NO OTHER source of...

Oil is probably looking at somewhere around the low 40's....hedge funds are getting out which will erase a large among of speculation... Once hedge funds out who is the buyer above the production use cost??? Not energy companies.....that leaves only Elite Trader buyers, LOL SteveD

Who are the "institutions"? And what is "extreme"? SteveD

Most regulation leads to that famous law: The law of unintended consequences!! Would stock PE also be limited and regulated? Can only sell for a max of 50 times earnings? The Fed watches what the banks invest in and their risk management... commodities, especially oil and gas, are...

BAD risk management and the ABUSE of leverage.... Great Depression??.......Son, this is the 21st Century Good God, when is it a "crime" to be a failure...... Eastern Airlines, TWA, Woolco, etc etc.... SteveD

Everyone throws this word "regulate" around....exactly what are you talking about??? Fraud, theft and other illegal acts are punishable, if convicted, by fines and/or jail time....Worldcom and Enron were large public companies listed on the NYSE....a very regulated enterprise....didn't...

We have an enormous amount of buildable land, it is reasonably priced, basically flat and very available...you can build year round.. Texas has a very pro-business attitude, pro-entrepeneur...a lot of the first "daytrading shops" were started down here...Cyber, Momentum, Block, Cornerstone...

I am not nearly as smart as you guys so I have to watch CNBC to keep abreast of the happenings.... I saw several discussions regarding the DOW 30, number of the stocks up but also the number down...biggest drag, biggest winner etc etc......lots of discussion regarding SP 500 and why it is so...

Both Schwab and Fidelity have a hell of a lot of active accounts...a lot of these people trade regularly but just not every day...maybe two/three times a week...swing and position.... Just because a person doesn't trade 50 times a day scalping SIRI with 100 shares.... I can certainly...

I am not being negative at all.....just saying your statement that people who bought GOOG, HANS etc are not "real traders" is just silly and nieve....too easy??....talk to all the people that shorted the stock all the way up..... Knowing when and when not to trade is extremely important...

One needs to understand risk/reward situations: People with $10,000,000 can and do risk some of that money all the time....$500,000 is only 5% of total asset!!!....good money management is it not?.....lots of people put money in drilling programs......hit dry hole.....money gone, zip...

People who "got lucky" "rode GOOG, HANS etc up" may not be "real traders" but they are REAL SMART.... You have a very silly idea of trading....you will lose all your money...rest assured... Most big money is made on very few good trades....knowing when not to trade is the smart move...

First of all: Rates are at about the 50 year average....not abnormally low.... Refinancing from ARM to fixed rate is up as reported today... Young people who cannot afford home in California will move to where they can afford home....simple as that....been happening for over 150...