Search results

  1. L

    Truth for Beginners

    Well, TraderZones may not be all wrong, and neither are the positive posters. Why BS the newb and give him examples of glory without mentioning the price paid to get to that point? Anybody here who has traded for any length of time knows that you have streaks where whatever you touch turns to...
  2. L

    Does SPY gapped filled mean end of rally?

    Lol, thanks. At least until the market slaps me silly. :D
  3. L

    Does SPY gapped filled mean end of rally?

    I hate using the words "always" and "never" when it comes to trading. I don't like suggesting something is going to happen based upon a single evidence either. Filling a gap is a powerful indicator, but what makes it the more valid is other evidences I have been observing. I am almost...
  4. L

    Does SPY gapped filled mean end of rally?

    Back on topic then.... There is a good technical argument that the market topped on 10/21. The NAZ is sitting on the 50 day SMA and 50 day EMA as I write this, and on a strong internal trend line. Both NAZ and DOW retreating from strong resistance. I guess from a sentiment perspective, a...
  5. L

    Tax refugees staging escape from New York

    I can't speak for the other southern states. I found as a whole, Texans are hospitable to all, but there is a disdain for the arrogant Yankee attitude, particularly those found in the NE states. There is just a different way of doing business down here. I'm not a born Texan, but naturalized...
  6. L

    Tax refugees staging escape from New York

    Yeah, you Yanks stay out of Texas, please. Too hot... you will melt. Got fire ants.. poisonous snakes.. the Bush family. Did I mention the heat?
  7. L

    Are you sick of technical analysis? I am...

    TA works, but not utilizing the most widely followed indications. The market is always out to inflict the most pain, so if everybody is following the most obvious trendline, it is doomed to get violated. I found internal trendlines work very well, along with some Gann stuff I found. Fib still...
  8. L

    Restraining excuberant pay packets

    I don't like that idea because if the lowest paid employee is a custodian at 20K a year, to pay an highly valued employee over 200K a year, you will have to pay the custodian more. You are teaching the custodian that his pay increases are not related to his performance, but the performance of...
  9. L

    The real Health Care solution:

    Yeah, I think this organic movement is a scam. I eat a lot of that crap because my wife has gone overboard with it. Bland and expensive. She comes home the other day with a $20 "free range" chicken from the grocery store, and it's not even cut up! I had to break the news that there will NOT be...
  10. L

    The real Health Care solution:

    Certainly healthier lifestyles is good all the way around, but the leading cause of spiraling costs is FRAUD, plain and simple.
  11. L

    7 Months After Stimulus 49 of 50 States Have LOST Jobs

    Nobody asking what North Dakota did right??
  12. L

    Sign of the Times: 20 Year Old Buys Home with just 3.5% Down

    Well, there you go. Just like raising a child... if you don't let them suffer the consequences of their actions, they are doomed to repeat them.
  13. L

    Sorry, no jobs. This is California

    Isn't "jobless recovery" an oxymoron, especially in a consumer-based economy?
  14. L

    Do not buy a house! "Foreclosures are going to explode again"

    Bush tax cuts are set to retire in a few months. I can see the foreclosure scenario coming to pass.
  15. L

    The Greatest Depression Is Coming

    I think the greatest depression is several years away. Let's not forget the politics. The stock bubble is being re-inflated to save the current administration (payback for bailouts). Come January, in the State of the Onion address, the president will proclaim how he saved us from economic...
  16. L

    Biggest Trading Mistakes

    I am going to add a most important mistake: 8. Not knowing when to get out of a WINNING trade.
  17. L

    92% of US say stimulus is NOT working

    Huh, maybe, but I am thinking it is because how to flew around the world apologizing for America's past and how bad we are.
  18. L

    Why A US Consumption Tax....WILL Happen....

    Jerk, so are you, so why not start early?
  19. L

    Being destitute in America is a crime?

    Isn't it curious that the top 3 meanest cities are among the most liberal? And conservatives are slammed for not being "compassionate"?
  20. L

    Unemployment %, come to your own conclusion

    I think it is curious that those who were instrumental in getting Obama elected (blacks and young people) are the ones suffering the most job losses. Regarding the chart with the job losses and the turnaround when Obama took office, there has been a large transfer of employment from the...
Back
Top