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I don't understand how you were filled at a higher price than your bid. Was this market or limit order? Why didn't you buy it when CEO was being so bullish on CNBC at 27-28? That is what started the run. SteveD

She lied 2 or 3 times to he FBI and also got her broker and his assistant to also lie. This is major "obstruction of justice" and the Feds take a very dim and aggressive view of this activity. If found guilty, she will go to the Federal Pen. Sometime when people are so smart they become...

I find it amusing that apparently no one here has actually read the news release from CNBC, LOL. SteveD

Homes were never meant to be an "investment". They are a place to live. In the 50's, 60's and early 70's people just wanted to "burn the mortgage" and hope the house was worth what they paid for it. The vast majority of people buy a house for emotional reasons. They like the neighborhood...

Does everyone know that Jimmy and Warren are cousins. Warren has had a few stumbles, Solomon Brothers, Coke etc. I believe he only buys private companies now. Dairy Queen, Blum furniture, old steady businesses. He doesn't like all the pesky rules about accounting reporting that the...

Jimmy Rogers always has some great comment as "I am short Russia", LOL, what a crock. I have never heard him pick a single stock traded on some exchange that someone could actually track. He is always going on about some esoteric commodity in some third world country. All he needs is a...

I have always maintained that trading/investing is about 65-70% mechanical/technical and the balance is "art". Most people try to make this a set recipe that will make them money without any risk or work. Trading is no different than any other small business that one would choose to open...

I think "systems" are going to fail every time because the facts or assumptions that designed the system change. And if the system does not have a mechanisms to adjust to that change it is doomed. I truly believe that "trading" is 80% +/- learned and 20% "art". Now, the hedge funds etc have...

Yes you can make a decent living trading. Systems: LTCM proved with not one, but TWO, Nobel prize winners that "systems" do not work. They will blow up. The small retail traders (us) are but gnats on an elephant's back riding along for the ride. You have some basic experience so just...

This has been an interesting discussion. It is a shame that most of you have not read what she was actually indited for. The Feds very specifically said NO to "insider trading". They did not charge her with that CRIME. Friedman aside, IT IS ILLEGAL!! Imagine if the blackjack dealer in...

Why no more than 20M in volume?

Lyndon Johnson allowed 50,000 Americans to die in Viet Nam for his own political purposes. He may be as close to an evil man as we have seen in the 20th Century in America.

I just could not be silent, LOL. I do resent getting lectures from someone whose area has given us Napoleon, Hitler, Mussolini, Stalin and other lesser assorted types. Have engaged in two major wars that have killed in excess of 150 million people and the countries/leaders have practiced...

I was under the impression that only the underwriting broker/dealer had actual possession of the shares on the first day of an IPO. Since there are three days to clear all of the other brokers did not have possession of the shares in order to loan them out to "shorts". If you did short on the...

If the boys with the baseball caps on backwards are still talking/ trading and going to "rule the frigging markets" then we have not hit bottomed yet. When I see words like "hope" "bet" "winner" and other GAMBLING terms then we still have a leg down to go. Sorry boys, but a lot of you are...

If I was going to short real estate I would focus on the office building REITs, like EquityOffice etc. They are going to be the most hurt by the NASDAQ bubble busting. Throw in Enron and other energy companies and probably some big brokerage companies in NY downsizing and you could have a...

If 9 out of 10 traders fail why would I want to be in a room of a prop trading firm where 9 traders are losers? It all sounds great if everyone is making money but we know that is not true. How would I feel if I had a bad day and everyone else is screaming up or vice versus? The room I...

I would comment that if traders are waiting on the "public" to disdain all interest in the stock market as a sign of "the bottom" they may wait a long time. A lot has changed since the last bear market of 73-75. An enormous number of people own stocks through their 401, IRA or some other...

I would make the point that a trader should attempt, at least, to find that level of comfort, FOR HIM, that the stress is acceptable. Any endeavor that pays money has stress. Some is light but the money is also light. As you go up the pay scale the stress level goes up also. Brain surgeon...

The ability to make a decision and act on it immediately is one of the most attractive aspects of trading. I am in the commercial real estate business and to sell an improved real estate investment (apt, office build, shopping center) takes a minimum of 60-90 days and involves several layers...