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The drumbeats of "war" with Iraq seem to continue nonstop. I think Bush is being way too optimistic and naive about what this could do to his presidency. First off, there is a distinct possibility that the economy could be worst in 6-9 months than it is now. If unemployment is higher, if the...

It doesn't take Miss Cleo to predict all these knee jerk responses from Washington about "the economy being sound" and with "low interest rates, low inflation and high productivity", we'll be fine. I hope the average investor out there can realize that the economy and stocks can go in two...

I watched with interest today after the close how CNBC and CNN would portray this decline. Think about this, we are at 8,000 on the DOW and there hasn't been a major terrorist attack after 9/11. Imagine where the DOW would be if there was? Even with the VIX plus 40, and other indicators saying...

I also live in so cal, and my neighbors just sold their house for $500k. They bought it 3-4 years ago for $325k. Quite a deal. Imagine if you put that money in the S&P. You'd basically be flat. I'm not sure how the housing bubble will end, but when ever you have an investment that appears like...

Do any of you trade options (simply buying puts or calls) during the last few days before expiration? In terms of a thrill factor, it ranks pretty high. I've never bought any on the friday of expiration, but have done so as late as wednesday. To me, the idea of turning an option that I purchased...

I'm trying out their 14 day free trial. So far, it's been a disappointment. It doesn't seem very different than the regular RealMoney site. $20 a month vs $250?? Is it suppose to be 12 1/2 times greater? It doesn't even seem twice as great. Am I missing something here on the RealMoney Pro...

At around 11 am pacific, I was all set to buy some july and august djx/spx calls into the close as the market collapsed 500 or 600 points. It was down 400 at that point, and I couldn't help but think of other major monday collapses (1987, 1998, 2000, etc). Then we got this questionable bounce...

If I saw some of these things happen, I would be much more bullish about stocks over the next few years. You know you'll be near a bottom. 1. Take that silly NASDAQ display down in Times Square. Before the bubble, the NASDAQ was just another market, like the AMEX. I would expect that to be...

I don't think Bush has ever mentioned any Caucasian European terrorist groups. Such as the IRA, the Basque seperatists in Spain, the November 17 group in Greece, etc. I wonder why? Do you think it would be acceptable to let bombs drop over Northern Ireland? Hardly. It's much more acceptable when...

This cycle is nothing new. We've gone through the worst bear market in the post WW II era; it's inevitable that people will find scapegoats. The '29 crash may have been even worst on the American pysche and look at the scandals and reforms that happened in the 1930's (The S.E.C. took over, etc)...

Those charts illustrate that even in the worst bear markets in the last 100 years, there were still tradable rallies after the bottom was reached. The same can be said for the bear market in gold in the 1980's, Japan in the 1990's, etc. One thing is for sure: it will take a new generation of...

Frangraboyes, On the "Strategy Setup" window, under the exit formula, if I enter in the stop loss/profit formula, what do I click under the action button? It gives you an option to sell or buy to cover at the high, low, open or close. But I don't want to do any of those.

I'm running it on Windows XP and I get these random error messages that shut down the program every now and then. It seems a little touchy. Thanks for the tip on the stop loss or profit exit.

I signed up last friday for the 14 day free trial of StockWatch Pro. It seems to have some bugs in it. And why doesn't the backtesting software include an option to exit with either a stop-loss when ABC happens or sell for a profit when XZY has been met. It seems like you can only pick to sell...

I suppose "Wall Street" with Michael Douglas is at or near the top of the list. Although the "greed is good" go-go 1980's have become cliched, the plot of the movie and the characters are still interesting to me. What trader wouldn't want to do the deals that Gordon Gekko did? The big office...

This a great philisophical question. It's a question that I've thought alot about . Not only could you ask, is day trading random, but is the market in general "random"? Because there are profitable day traders, clearly it isn't as "random" as flipping a coin and picking heads or tails...

Unfortunately, there is still alot of downside potential left in the S&P 500 and the DOW. I see it either as a replay of the markets from 1966-1982 or as the 1930's in the US and the 90's in Japan. From the 1966 to 1982 period, the DOW was flat. But because of raging inflation during this...

I've been a subscriber since '99 and lately it seems like their product has really gone down in quality. Cramer's never ending bullishness in the face of some horrible declines has damaged his reputation in my eyes. I wouldn't touch his "Action Alerts Plus" product with a 10 foot pole...

Great thread so far. Here's my story: I first got interested in stocks in 96/97. I had a very basic knowledge of the markets at that time. I basically paper traded, watched CNBC and tried to get a feel for the market. And of course, what stock market education could be complete without our...

Being approved for call or put option buying isn't very difficult. I don't think it's much different than being approved for margin buying. There's more requirements though if you want to do more complicated spreads, selling naked options (uncovered), etc. Selling a call or put that you don't...