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  1. L

    Why you struggle if you have 99.99% chances you won't even make a living by trading?

    We'll need an exact citation please or this can be considered false.
  2. L

    Trader Beginner

    Worst advice ever.
  3. L

    Don't fall for Citigroup. Short in NOW!

    3 bucks. Did you cover yet?
  4. L

    What happened today....

    What happened today was a classic case of letting the sheeple public buy in and drive the market higher. Meanwhile, the specialists all came in from enjoying their cigars and hit the bids relentlessly to transfer the cash to their account. Textbook. Rinse and repeat.
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    Why you struggle if you have 99.99% chances you won't even make a living by trading?

    Ditto, what a useless thread. Why do anything in life that requires risk. Daytrading is alot easier than say becoming a hollywood celeb.
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    Lease or Buy?

    This won't happen overnight and it is always the case that something better is coming out. By this argument, you should never buy a computer and just keep waiting as something better is just around the corner. If you buy now and take care of the machine and make a couple minor upgrades in a...
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    Economy isnt that bad...poor people still driving mercedes'

    Already happening on the northside of Chicago. Lots of 20-something guys who bought a 3-series thinking they were hot shit because they had a bimmer. The cars are suddenly going missing. I can only speculate end of leases, job loss, repo, etc. Too bad, I laughed at every douche I saw driving...
  8. L

    Citigroup a Real Suckers Bet

    Thoughts on this please!
  9. L

    FAS for Long Term IRA Acct

    How about XLF?
  10. L

    FAS for Long Term IRA Acct

    Interesting point to consider. I am still not convinced that C or BAC are safe from takeover but then again I could afford to lose on those if the others gained.
  11. L

    FAS for Long Term IRA Acct

    Are you serious or do I sense a hint of sarcasm?
  12. L

    FAS for Long Term IRA Acct

    Right, I understand that. I am basically saying I buy 3,000 shares now at $3.75 for $11,250. Over the next few years it goes back to levels below it even was at prior highs of around $52, say $40. That would be $120,000 for a $108k gain. This is a time where I feel it could pay to be...
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    FAS for Long Term IRA Acct

    I am thinking of picking up about 2000-3000 shares in FAS. At these levels near $3.75, my downside risk is not really something I need to be worried about with such low amounts of capital being committed. Long term, (5-10 years) when the financials do eventually come back (think previous 52...
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    Hedge Funds May Cut 20,000 Jobs (14% of all Positions) as Losses Erode Fees

    You are just noticing this now? By definition they should be relatively delta neutral
  15. L

    How Bad is the Wall Street Economy

    I think we can all agree to this one!
  16. L

    Im shorting gold and I dont care what anyone on ET has to say Price right now: $1002

    Down to $897.30. Good call Port. When are you going to take profits?
  17. L

    AAPL could be in trouble

    Get long then and post an actual blotter to prove it, then we'll take you seriously.
  18. L

    financials ready to explode

    Just picked up 1000 FAS in my long term account. Time to buy
  19. L

    Hedge Funds May Cut 20,000 Jobs (14% of all Positions) as Losses Erode Fees

    McDonald's may be able to pick up some of them for fry technician positions.
  20. L

    Why civil unrest is not out of the question in the United States...

    I bet it was over service or some fee, not over the price of the car. And this is likely why she has the money to enjoy a mercedes because she doesn't tolerate getting nickeled and dimed for crap like this! The rich value $40 as much as any other sum. No sum is too small to piss away.
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