Search results

didnt something similar happen when oil was 140+ and Bush mentioned to check speculator positions in oil? That was top, i think. it was really throwing stone after cat left. Same way feels now. finally second leg starting !?!?!?!?

get your point. But thats why we have bubbles. To cater for people that would otherwise be unemployed. Exporting jobs just increases that pool of unwanted. Which in addition adds even more people to that pool. Say 1 primary job creates additional 4. Disappering 1 job subtracts 5. From what I...

hum... that a bit of a worry.

what will happen when americans (and others) ask for jobs back or blacklist the company outsurcing in india ? sure source country loses on tax revenue, etc,etc,etc. i dont see this beeing longterm trend. Helps cutting down on salaries, but again, what about tax revenue, property prices...

from equity curve of quantum fund it is easy to see value added by Jim. Sure, Soros thank him many times over for making him rich.

more people jumping off 'debt slave' train. Feels good. Feels good environment does not suffer that much either because of unwanted crap. Living $10 a day, what a joy. Things have changed. Some serious restructuring will follow after bubbling attempt proven to fail. Old farts hoping things will...

it is the tax time ! slaves must pay as much as required or else :cool:

they tryin to repair consumer NEW habit of striking. not going to happen :D not going to happen :D not going to happen :D once they realise that, change course to robbing. when they will figure this out ? who knows, depends on their modelling tools and how much they twist it to...

news in general media : "The Commonwealth's decision to add 20 basis points to the RBA's 25-basis-point rise will put its mortgage rate at 7.8 per cent. This is more than 0.5 percentage points above the average for mortgage rates over the past 10 years and will add $88 a month to the cost of...

pool of debtors not drying up. But pool of NEW debtors not enough to cover costs involved to keep current course. tune must be changed.

came back to say thanks for couple of clarifications regarding trading which enhanced my initial bet size ability (bet more lose less if trade turns bad). No party for me yet for increasing size but, no doubt, will be soon :cool:

I am short again, bigger than usual. Last time. Just give me this 30% fall and I am out :p I will load decent size before second leg if eventuates. Then throw in a party ! back to sleep.

europeans use bmw& mercedses as taxis. Also police. It is an average car. People elsewhere stupid enough to pay fluffy prices for this junk. And lets not even start about maintenance costs :D

Shorting getting a bit tiring :mad: Market just too strong. Will give this idea - short commodity stocks - up to the end of october, add results to my excel stat list and then move to the next thing. :cool: now I will stop posting to ET as it is distructng me :confused:

Cash did 53% in same time. True, there is a tax advantage of property if owner. Not all properties moved that high however. I know for places that try to sell now for same amount of money as in 2000. Properties fell around 2006/7 around 5-10 pct which was not advertised. Rent adjusted model...

cash holds value overtime, compared to property. 760% over 28 years is not a joke. Probably will continue to do so. Collect cash (if good income) and enjoy life. You will be in good company of largest AU companies with lots of cash which guarantees cash will reasonably keep value vs...

major risk i see is this: unusual large proportion of au lives in the cities. Nearly all new immigratio as well. There are real water issues in AU which geting bigger. Cities are not major beneficiaries of mining boom. With rare exception, there is no primary industry in cities that exports...

Cash : since '82 AUD cash return investing in short term MM securities 7.51% after fees, which is near risk free. 100K turned in 759K in 28 years. Last 10 years annualised return 4.4% pa,3.1% below 28 years average. Seems similar return to housing based on anecdotical evidence. Does it mean...

nope. just coincidence. His style looks more information intense, different to mine. I only play major masses shifts&fundamentals, that are easy to spot (not too much details required). Although I was good at it from day 1, it required full circle of trader education to get there. To me it was...

you die (at least inside) after you lived thru all your desires. make sure you dont run of desires, else will lose desire to live.... Prolonging life - modern medicine does not do the trick :( doing it successfully is art of life. looks like buddhist are the most advanced in this...