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  1. M

    How do these guys make $$?

    99 luft balloons. I was in junior high but i remember it. quotrons survived until the early 90's then started getting replaced with PC's.
  2. M

    Determining Trend

    To determine trend, learn to draw trend lines, and linear regression can be a helper tool.
  3. M

    Determining Trend

    the long term trend is still down but there is such a thing as a tradeable bounce, and thats what this is IMHO. If you don't want to sit on your hands for the next few weeks you should be lookiing for something worth buying.
  4. M

    Turtle Trading

    yes they also go short.
  5. M

    my last 7 trades

    try switching to swing trading. You are realizing the awefull truth that very few make it daytrading, at least not for the long haul. If you can't make it swing trading then consider doing something else like buying a mutual fund.
  6. M

    How do these guys make $$?

    oh and there is still transaction business, but its one time deals like load funds and annuities and selling financial plans. The average customer pays $500 for a financial plan.
  7. M

    How do these guys make $$?

    If you think 2% is too much to pay, look at what percentage of your money you pay in commissions from churning your retail account, its a heck of a lot more than 2% ! Its called a wrap account, and there are no transaction charges, just the fee. Imagine being able to trade as much as you want...
  8. M

    Not Cashing In On Pay Day

    I swing trade and I was in for a week on the QQQ, had a 1 pt. stop and looking to make 3pts and I am still long. DON'T FRET, IT ISN'T OVER YET. Still a chance to jump in on something, lots of things moving.
  9. M

    Soros - The bubble of American supremacy

    this exact thing has already been in the chit chat section for a while and this thread should be moved so as not to distract from usefull things.
  10. M

    Don's Openings, Part 6 2003

    it seems to me this is a high win/loss strategy with lots of small winners. But I'm no expert on this strategy, just evaluating it. Anybody have stories of large losses wiping out a weeks worth of profits ? That to me is the danger in this system since I don't think Don uses stop losses with...
  11. M

    Economy, the Fed, Gold Rush..

    we have some price deflation but its only in manufactured goods where there is too much production capacity. Also companies are getting by with fewer workers. If you look at the CRB index commodities have just been cranking along to the upside with only minor dips.
  12. M

    Economy, the Fed, Gold Rush..

    Gold has already been getting whacked and the printing presses will be running as long as the war lasts and long after, until we get a real economic recovery, IMHO. There are several gold stocks that haven't broken their long term uptrends and have been dropping on very light volume, I'm not...
  13. M

    PC and MAC - is it possible to network them?

    If all you are doing is sharing internet access, its not really much different than if you had two windows machines.
  14. M

    Today was almost like a vacation...

    Have fun like its 1999 ! At least for a little while. I'm partying this weekend, I can afford it now.
  15. M

    War distortions

    The "Head Fake" was the dip below 818 on the S&P 500. Cause has been building for this rally for quite a while and its not over.
  16. M

    War distortions

    no offense, i just hate CNBC and all they do is cause confusion. This is not a "WAR DISTORTION" , the war distortion is that this rally didn't happen sooner do to the endless political delays.
  17. M

    War distortions

    "Just wanted opinions on the "war trade" (long oil, long bonds, long gold, short stocks, short dollar) that CNBC keeps squawking about" STOP WATCHING CNBC, IT IS USELESS HORSE SHIT.
  18. M

    Bubble of the US world hegemony

    "But we lost the war in Vietnam precisely because it was unpopular. and if we start this one there is no stopping and we soon will find us another Vietnam. Mark my words !" --------------------------------------- you are saying this is another vietnam? would you care to comment on what...
  19. M

    Economy, the Fed, Gold Rush..

    We have general commodity inflation regardless of what the CPI says. Look at the CRB index, it can't be monkeyed with so easily. Do we have deflation? No, there is absolutely no evidence of that. Do we currently have general inflation? No. Manufacturers are becoming much leaner and...
  20. M

    Economy, the Fed, Gold Rush..

    I am looking for around $335 on gold short term and then its back to the $380's sometime later this year. The long term trend is not threatened at all by this retracement and the fundamentals haven't changed.
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