Search results

  1. D

    Trading using 401K

    Many of the traditional brokerage companies, like Schwab, Fidelity, etc., do not let you trade futures in your IRA account. However, you can trade options on stocks and ETFs in your IRA. 401 Ks usually have a very limited number of mutual funds that you can invest in. However, if you leave your...
  2. D

    gold ... but the exchange rate?

    I'm not a gold bug, but I sure wish I had been buying more gold for the last 8 years. Especially for Americans, I don't know of a better place to put money to preserve its value other than in gold and silver right now. Our debt is unpayable and our government is printing astronomical amounts of...
  3. D

    Would the US outlaw gold again?

    I just happened to run across the original draft document from the Great Depression outlawing gold and thought that others would find it interesting as well: http://fraser.stlouisfed.org/docs/meltzer/bogsub040233.pdf I wonder if the US government would ever do the same thing again. If so...
  4. D

    Wheat outlook

    Sorry, typo-2 years. It was late. :eek:
  5. D

    Wheat outlook

    According to the COT data, large commercial traders are more long wheat than they have been in over 4 years, which is extremely bullish. Seasonally, wheat goes up toward the end of September into mid-October. Wheat is also at its lowest price in over 40 years, which is always comforting when...
  6. D

    United States Proposes Issuing Tax Refunds In Form of Treasury Notes (IOUs)

    I am amazed that so many people wait to get tax refunds. You can simply increase your deductions by one or two so that you owe a little tax at the end of the year rather than always getting a refund. Why let the government keep your money interest-free all year? Your accountant can tell you how...
  7. D

    Why Default on United States' Treasuries is Nearly Certain

    Politicians in general and democrats in particular do not know how to curtail spending. The only way they know how to solve a problem is by spending more money, even if they have to print astronomical amounts. Whenever they make spending cuts, it is "projected" over long periods like ten years...
  8. D

    Why Default on United States' Treasuries is Nearly Certain

    If you owe money on your home or car and suddenly cannot make the payments, you can lose your home or car and any equity you have in them. If you read all of the fine print in your loan papers (which no one does), there may be some other surprises as well. If there is major financial upheaval in...
  9. D

    Why Default on United States' Treasuries is Nearly Certain

    These are very scary times and the masses are oblivious because they think the economy is okay if the stock market is going up. However, the stock market is primarily going up because so much of the funny money the US government is printing is finding its way into equities. Unfortunately, when...
  10. D

    Market / Stock Scanners

    Check out stockfetcher.com. I only looked at it once and I do not know if it has the functions you desire, but it looked powerful and inexpensive.
  11. D

    UNG.. i just puked out!!

    Seasonal NG tendency is entering a bullish period, COT commercials are relatively long, sentiment extremely bearish, NG prices at historically low prices--I smell a bottom.
  12. D

    UNG

    Looks like an interesting alternative to UNG, but its price seems to parallel the stock market rather than NG. It also does not have nearly the volume of UNG. UNGs volume is 39,893,500 vs. 518,845 for FCG.
  13. D

    POLL: Do you think Larry Williams is a charlatan?

    char·la·tan (shärl-tn) n. A person who makes elaborate, fraudulent, and often voluble claims to skill or knowledge; a quack or fraud. The trading records that LW submitted to refute your attacks demonstrate that he has skill and his multiple trading books and innovations demonstrate...
  14. D

    Larry Williams Million Dollar Challenge

    LOL. I guess ET is not that anonymous, afterall. http://transcripts.fxstreet.com/2006/03/wdgann_trading_.html
  15. D

    Larry Williams Million Dollar Challenge

    I have read this book and agree that it is good. However, his Picture Perfect Trading online course is centered upon one COT principle that is so simple and is so powerful, I cannot believe he revealed it. Unfortunately, it does not set up very often, but when it does, it works great.
  16. D

    which video card for dell t3400

    I know next to nothing about computers, but was fortunate to have Gnome take me under his wing and build a great system for less than half of what I was about to pay for an over-clocked trading computer from a well-known company. Gnome swore me to secrecy because he did not want everyone on ET...
  17. D

    Buying GLD or SLV in an IRA not allowable?

    I receive a free newsletter from a firm that does accounting for traders. I do not use the firm currently, but was very concerned about the information in the following newsletter. I trade ETFs in my IRA and trade GLD and SLV a lot, but this newsletter says that holding precious metals in an...
  18. D

    Bollinger bands

    John Carter from TradeTheMarkets.com uses Bollinger Bands extensively in day trading the index futures. However, he uses them in combination with Keltner channels. Basically, when the BBs narrow due to low volatility and squeeze inside the typically narrower Keltner Channels, he calls this a...
  19. D

    Larry Williams Million Dollar Challenge

    You may be able to get some of his products, but I did not see any of the recent courses that I have taken in the last few years listed. Much of what I did see looks like it is in a foreign language. However, if you want to risk getting computer viruses and subject yourself to criminal...
  20. D

    Larry Williams Million Dollar Challenge

    I have read a number of Larry's books, taken several of his on-line trading courses and attended his Short Term Trading seminar, where I had the opportunity to meet Larry in person. I doubt that any of you would levy such viscious attacks without absolute proof to Larry's face. He is a very...
Back
Top