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  1. L

    Should marijuana be legal in the US?

    Version you remind me of a punch drunk pugilist that just don't know when to quit. For your information,the only chemicals the weed I use has in it is the same as any house plant would receive. A little miracle grow,water,and lighting from a bulb. I do not know from where you get your...
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    Should marijuana be legal in the US?

    Version,you too are moronic! Why people who are 60 or 70 do not smoke weed is simple,they have no connections to acquire it from. Sad thing for pot smokers is the passing of time as weed dealers tend to be younger than 60 or 70 and view the older person as a threat. Put weed on a shelf...
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    Should marijuana be legal in the US?

    El Cubano Hey El,had to add this to your post! I too have been renovating my house while smoking tons of pot,trading like a banchi at the same time,both the house and the account look real fine. Back in the day at about age 16 to 22 I went through the legal wiggly pop scenario.Cost me...
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    Should marijuana be legal in the US?

    L'il Duckling Yeah but..... theres a diffrence.... music and movies are not bad for you in a physical way. Tell that to the parents of the kids that jumped off balconies imitating Superman or the parents of the kids run over by cars while lying in the middle of the road like was done in...
  5. L

    What's your favorite trading quote of all time?

    In trading i have made a million......mistakes! unknown
  6. L

    Bulls have the definitie edge over the next 6 months

    Hmmmmm... A median end-2007 forecast of 1,500 points for the Standard & Poor's 500 index <.SPX>, a gain of 6.4 percent from Friday's close of 1,409.84 I thought the S&P was up double digits last long while....a forecast of 6.4% for 2007 and noones alarm bells are ringing? Stranger...
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    Santa Clause Rally=Much Higher=More Records

    Agree there is always the possibility of yat another short squeeze. This is why i will choose to use a debit spread over a credit spread. Try to make a coin or two with minimal risk as indicators do lag and we sometime must be our own leading indicator. Just makes sense in my minds eye that the...
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    Santa Clause Rally=Much Higher=More Records

    On the last trading day of 2006 I am going to buy 5 points out of the money short on SP500,maybe 10-20 contracts and i will sell 5 points below my purchase to reduce cost of close to money puts. Should work out well imho. :cool:
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    Santa Clause Rally=Much Higher=More Records

    Good to close the books,got to agree the market is buoyed till end of year. IMHO the late comers running the hedge funds will be done by then to make themselves out like geniuses and of course grab the bonuses. But come January 2nd things will change as support will cease and no support means...
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    Santa Clause Rally=Much Higher=More Records

    This could dampen all your high flying spirits Found at the Energy and Capital web site. Enjoy...merry xmas ho ho ho bleep bleep ho! The Shift From Petrodollar to Petroeuro is Here By Luke Burgess BALTIMORE, MD - According to the latest quarterly review from the Bank for...
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    Non-Farm Payroll Number

    We certainly agree on the housing direction. The ripple effect (consumer spending,biz spending etc..) is a lagging deal which takes about 2 quarters to show up. 2007 will be very intersting. Fed either creates liquidity and makes bigger bubbles or he errs on a rate rise and all hell breaks loose...
  12. L

    Non-Farm Payroll Number

    Hahaha,housing bouncing back,,,yeah right. More like a ripple on a pond the effect of housing will ripple through the economy...lots more to go imho.:eek:
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    This Bull Market will not change unless this chart changes:

    Read an article the other day but am not able to find it. Read too many sites lol. The just of the article was the un/employment data released by the gummermint. Article went on to say that since the Clinton administration with the added assist from the Bush league the data is skewed today...
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    Fed is F@%#ed

    I think you are on to something there! Feds choice is to A)save the dollar...raise rates B)save the consumer....lower rates. B is the most likely choice for the Fed as this will keep the economy going,falling buck will be good for export trade...imho
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    Rmbs?

    Looks like support at $20.50 apx. IMHO:)
  16. L

    My Litany Of Mistakes - Leaving FAT $$$ on the Table

    Plenty of interesting idea's on the topic of leaving dollars on the table. We all have our own ways of doing business. Some of us trade short periods of time numerous times a day and the names and transactions become blurred at best and trades good and bad forgotten as we are too busy...
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    Picking Tops.

    Interesting analysis,does this have a calculable approximate time frame for completion for either strike...1419 or 1445? :)
  18. L

    wmt selling stuff under cost amazing

    I heard a rumor from a friend of a friend that a friend of theirs sold a table top air hockey game to some newb in a Walmart for $75.00 and it only cost the friend $18.00 to build.:D :D :cool:
  19. L

    ^VIX at a 52 week lowwww!!!!!!

    myminitrading ,good to see someone else also noticed the surge. Definitely allows room for growth.....:eek:
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    Iron Condor Money Management

    Avenue, I trade IC's regularly using the TOS platform. If you follow Erik Epps IC spread he recommends sell 50 points away from strike and buy 60 points away on SPX. I have an exit or adjustment on any side which gets to the mid point or 25 points from breach,limiting on the returns at...
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