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    I need career advice. Degree in Computer Enginerring?

    Forget about IT employment. Software development technology has matured to a point where increasingly large projects can be outsourced to places like India. IT jobs that can not <i>yet</i> be outsourced are going to hi-tech migrant workers (a.k.a. H1-B's). Look for employment in industries...
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    Newsletters

    Because within a timeframe technical indicators tend to be highly correllated, it is not uncommon for technical analysts to arrive to the same conclusion using different indicators. Show me someone who can forecast a market bottom with fundamentals, and I will show you a fraud.
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    "Stocks Could Rise When Bullets Fly"

    My crystal ball is a bit cloudy today... All I can see is that you are long OTM puts likely to expire worthless. Are you sure you own car keys? :confused:
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    "Stocks Could Rise When Bullets Fly"

    In anticipation of a war rally institutional money managers are going to a) cover short positions 2) raise cash by selling defensive stocks and c) buy high-beta stocks (QQQ, semi's, etc.). As a result, the stock market will stay relatively flat with NDX outperforming SPX. The October lows...
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    QQQ Leaps Put Spread

    The Jan 2005 45/55 credit put spread is quoted 9.70/10.10 and can be had on a 0.30 margin. Two years from now the spread could be worth as much as $10 ...
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    Will war actually be bullish?

    Lest we forget, we just had eight years of "peace and prosperity". Eight years of seeing no evil, hearing no evil, of making love not war in the Oval Office... Never mind Iraq, North Korea, Al Qaeda, <i>stupid</i>... It is the economy, <i>stupid</i>! Remember? How do you like your "peace...
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    option hype

    Impossible.
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    Using Margin for More Positions

    Managing 20 diversified positions is a full time job.
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    What is the Buy Write Monthly Index?

    No leverage is involved here. In fact, a new "buy-write" position is only half as volatile (read: leveraged) as a "buy-and-hold" one.
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    Financial Media (TV)

    I listen to Bloomberg TV in the morning because CNBC's Squawk Box clowns make me puke...
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    I'm the most consistent trader in the world

    If you miss an entry (#2), skip the trade altogether. It is OK to skip a system trade <b>at random</b>. A late entry ups the risk/reward ratio.
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    What is the Buy Write Monthly Index?

    If earning 3% on other people's money by executing one or two transactions a month is not enough, one could double this by writing straddles... :cool: How many money managers have consistently beaten SP500 by 30%/year over the past decade?
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    What is the Buy Write Monthly Index?

    Over the past year or so, "buy-write" beat "buy-and-hold" by ~15%: http://finance.yahoo.com/q?s=^BXM&d=c&k=c1&c=^gspc&a=v&p=m50,m200,s&t=1y&l=on&z=m&q=l Easy money, huh? Now that the secret is out, all you need to do is start a hedge fund, beat SP500 by 15%, collect 20% of the...
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    am I missing something?

    When a stock plunges 25%, ATM options become far ITM/OTM and the volume drops to 0. Ignore "last sale" and instead concentrate on "bid"/"ask" .
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    Worm Attack

    <b>The worm, dubbed "SQL Slammer," attacked via a vulnerability discovered six months ago on Microsoft servers, according to Oliver Friedrichs, a senior manager with Internet security firm Symantec. Microsoft offered a free patch at the time to fix the trouble spot, but not all users of the...
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    Dow About To Go To Hell???

    Yet Microsoft's imminent 2-for-1 stock split, for holders of record on Monday and due to take effect Feb. 18, will have a secondary and real effect on the Dow Jones Industrial Average: Essentially, it will make the world's most valuable company a fairly insignificant force in influencing the...
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    Ensign vs. Amibroker

    Few things are more expensive in this business than cheap backtesting software. Stay away from Amibroker.
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    Acceptable Max DD?

    The ever popular "buy and pray" strategy yields ~10% per annum with the max D.D. of ~90%. :eek:
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    Small Change

    Buy (sell) after a failed re-test of a low (high).
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    Small Change

    Bottom picking is a losing strategy. Wait for the first higher low, and only then go long.
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