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You can do a fresh install on your old computer too. Its also a great way to 'reorganize' your stuff ie. delete old crap.

"their website is really cool" I very rarely get surprised on ET, but that was a shock! Until I realized that there actually is an outfit called InterbankFX aka. IBFX here: www.ibfx.com. Whereas I guess cable was talking about IB as in Interactive Brokers' FXPRO, but correct me if I'm...

Hmm. 1/(25.70/5.60)=0.2179 *1426.63=310.86 That's 310.86 for the S&P500. Interesting. If the SEC wants to maintain its collection amount, then it means they are expecting the 300 support to hold, at least for FY09. So this is good news, we have a market estimate from the SEC. :p

Come again? Yeah, until they sink/slide into the ocean. :p

Oh my. Stupidest thing I heard. If you own an LLC that has only cash, then the stocks of the LLC will worth exactly the amount of that cash. Anyone trying for your money will go after the stocks in the LLC you own. And guess what? Ownership of legal entities is registered, so it might take up to...

How's trading gambling? You can argue everything is gambling in a sense: a '9 to 5'? You're betting the company you're working for is not going bankrupt, or just plain and simple fire your ass (you're betting on their empathy). Crossing the street? You're betting the mofo cab driver will stop at...

My God is this bickering silly... By definition: crash - in a bullish up move prices fall through the floor, ie. suddenly break significant support capitulation - in a bearish down move prices fall through the floor, ie. suddenly break significant support Arguing with the above is like...

1/ If you are worried about market panic, then place protective stops as soon as you take a position. Even for long term trades, stops are a must. 2/ When choosing a broker, you always have to make sure, and then test and check regularly to have alternative means of communications: phone...

No offence, there are so many things wrong with your aunt's views, I can't even list them all. I readily admit it is a very popular view in Europe to blame the euro for everything. It is there since retailers raised their prices by an inordinate amount when shifting from...

I feel you brother... But without giving any specifics I don't really know what your point is. Maybe you left yourself unhedged, maybe not. Maybe you were gambling, maybe not. I give you a counter-example: the three big American automakers are supposed to make a killing in Europe and Asia...

All the people I know who have money (euros) are quite happy with the strengthening euro. All the people I know who have no money or had money but don't have that much any more (i.e. invested in dollars) are very angry of the euro. This is a satisfaction vs. envy/remorse issue. Who are these...

Impressive thought process. Not one but three punchlines! :D Do you have more?

Did you notice that little revision of the previous nonfarm figure? If you look at the history of these revisions, it seems that for the last several months its a tendency: positive figure (and also for some time now a positive figure is something that is not as bad as expected), market pops...

I know it's a private company. So it gives an excuse to be this dense?

Yeah, I agree. My point above, albeit vague, was that it is BIG institutional speculators that are to blame for the asset bubble and not retail specs. (And even if one's account is called 'institutional' he's still retail for these purposes. Big institution is Goldman.) That's what's shown in...

Don't you think that it is possible that oil costs so much because it is priced in the ever weakening dollar? Since the correlation between crude and EUR/USD is -0.7...

This statistic (if it is any reliable) only shows that there is a huge increase in speculative money supply, and it very well can be the most important source of driving oil prices up. Note that while M1 hasn't changed for years, thus showing that there is no more cash in circulation than a few...

Hm. I start typing a reply, and before I know it, there are three answers already. The WSJ link is pretty good, thanks.

Both are strong arguments. First, yes, the only alternative to American equities are American bonds. And second, yes, showing the Diamond trust numbers is totally relevant. However, earnings for the DJIA fell from $226.02 to $185.64. Now you have to have a phd in math for the next step: derive...

LOL! Fair value? The DJIA at a 70+ P/E? And you guys contemplate a few percent here and there? This is a bubble in equities and the only question is can it be sustained until corporate earnings rise back up to a level where these prices will be in the vicinity of sane.