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  1. 1

    I Just Got Long

    How many times can black come up in a row on the roulette wheel? Keep doubling down....Red just has to come up? Right?:D :D That strategy has wiped out many a gambler.
  2. 1

    I Just Got Long

    No traders will hold stocks over this weekend after the jobs report. EOD will be red. GM could file any day now. Way to many surprises. Cut your losses. Maybe next week we will develop a tradeable rally on the long side. Not on a fri.........
  3. 1

    I Just Got Long

    So what are those two different measurements? A song and a prayer?:D
  4. 1

    I Just Got Long

    We will get a bear market rally sooner or later. But I would wait to go long for better evidence of a rally forming and some impetus for a rally before just guessing and hoping and going long against the tape. Be sure to Cut your losses fast because there is no technical support and we can see...
  5. 1

    The Stock Market is for Suckers.

    The stock market is for suckers. And it sucks in millions of suckers and their $$$. The mutual fund industry/wallstreet dupes millions around the world to buy stocks and hold them and never sell. So many americans get crushed. Woooops ....there goes 50%+ of your investment. Buy and hold is...
  6. 1

    General Electric Corp. (GE) - Is GE Okay?

    my buddy works for GE ....you don't want to be buying this stock
  7. 1

    Flame all you want but I've started buying...

    USO isn't too bad but you should have waited for oil to test recent lows atleast. You are very premature. RSX....Russia? I don't think this is a good idea at all....but I am no expert on russia. Way too much uncertainty in their economy and so much corruption. XHB...terrible investment...
  8. 1

    Why can't I make money - when I know what do do?

    The first things any trader must master are cutting ones losses and trading both sides of the market both long and short. People have trouble trading the short side. People have extensive inherent difficulties with both theses skills. Cutting losses and trading the short side Also...
  9. 1

    Even with inflation in 1970. It only took 1 worker

    Makloda, Your parents were excessively frugal. And I thought my parents were. My parents came to this country from war torn europe as immigrants from the Soviet Union and Germany with english as a second language. My father worked for Pabst Blue Ribbon Brewery in Newark NJ. My Mom worked as...
  10. 1

    The Stock Market is for Suckers.

    He is absolutely right. Buy and hold is dead. It died in the early 80's. The mutual fund industry is there to suck in $$$ from the average joe and jane american. This is a Traders market and you better be on your toes.
  11. 1

    Arsonists Torch Berlin Porsches, BMWs on Economic Woe

    Germany has a very large, militant, vocal skinhead nazis groups marching around the country spouting off hatred towards immigrants etc.......
  12. 1

    Arsonists Torch Berlin Porsches, BMWs on Economic Woe

    The idiots on this website never fail to surprise. A flyfishing buddy of mine is a plumber. He owns several million+vacation home lake front property in montana, california, ranches in several states NV, & has the $$$cash to flyfish anywhere on the planet as often as he wants....makes well...
  13. 1

    Bernie Madoff...Why he did what he did

    There are thousands upon thousands of mutual funds that receive billions in investor funds and most just get market returns. So if you have the connections the billions are there. He was the chairman of the nasdaq (that's another issue) and had extensive connects to the money world of wallstreet...
  14. 1

    Bernie Madoff...Why he did what he did

    No doubt he was a cold hearted bastard taking money from elderly widows and such. I'm just baffled by the Why do it in the first place. If people are willing to give you BILLIONS. The fees on that are huge. Hundreds of millions yearly. Simply duplicate the market. Maybe pick a few stocks...
  15. 1

    Bernie Madoff...Why he did what he did

    WHY? I can not fathom why this man did what he did. He had access to BILLIONS upon billions of dollars and could have collected fees on that every year (a tidy sum)and easily obtained at least market returns for his clients. Why create a ponzi scheme? To impress people with fake high...
  16. 1

    Fast Money= Cocaine addicts

    That's interesting that someone else besides myself has come to this same observation that these people on this show are coked up or on some sort of drugs. I figured coke. I watched this show a few months back for the first time and the way they were acting and speaking, their whole body...
  17. 1

    Oil could be about to make a move?

    a 1500 point rally starting up? Support would have to hold for that to happen and some sort of positive news. There is no positive news. Things are getting worse. Market WAS expecting 3rd and 4th qtr econo0my and earnings to0 rebound and that is looking unlikely and the market is getting...
  18. 1

    Buffet is Getting Out

    I have been making a lot of money. I went short in 07. Financial s and Builders. Buffet went long OCT 08. At least that is what he told Americans to do. Now he's selling staples.
  19. 1

    Buffet is Getting Out

    Ummmmmmm WHAT? wHAT am I slanting? Buffet is selling stocks. He sold 50% of J%J.
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