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    The Atlas Shrugged sequence is actually happening

    It goes without saying that you are incredibly gifted in mentioning fields of study... Tell me, exactly how far can a person look into a field of study before Godel's incompleteness theorem starts to break down the axioms that define that field of study? I just gave you a simple tautology...
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    The Atlas Shrugged sequence is actually happening

    Alright here we go. Ayn Rand uses Aristotle's argument that A = A in her epistemology. To translate this into trading terms: "$10,000 lost equals $10,000 lost" Could you create a profitable trading system if you were to deny the absolute truth of that statement? This is exactly the...
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    The Atlas Shrugged sequence is actually happening

    I wasn't going to define 'intuition' since doing so seemed besides the point of what I was trying to state. If a person wants to know what intuition is he'll have to reflect on his own thought process and track down the points where his thoughts 'leaped' towards certain conclusions. This 'leap'...
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    The Atlas Shrugged sequence is actually happening

    I disagree that she's a second rate author. I mainly read non-fiction and not many novels but I found her character discriptions beautiful and the motifs upon which she based their actions complete in their explanations and contribution to the ongoing story. I don't really know on what general...
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    The Atlas Shrugged sequence is actually happening

    Fair enough, the implication I see arising from the incompleteness theorem is that certain models will have to account for axioms that cannot be proven true or false. The problem is that this accountability can only be provided by incorporating intuition. The problem with intuition is that it...
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    The Atlas Shrugged sequence is actually happening

    Objectivism makes an incredibly strong case concerning the objectivity of moral judgments. The argument that certain values (or lack thereof) will contribute to a certain breakdown of any social system is the strongest case made against ethical relativism that I've come across thus far.
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    The Atlas Shrugged sequence is actually happening

    Gödel's incompleteness theorem concerns homogenic sets such as the natural numbers. It shows that certain statements about the natural numbers can be proven to be neither true or false. If you feel that this theory justifies you in throwing logic overboard then you can do so at your own peril.
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    The Atlas Shrugged sequence is actually happening

    After listening for a few evenings, I showed my logical-positivist colors. I don’t recall the topic being discussed, but something prompted me to postulate that there are no moral absolutes. Ayn Rand pounced. “How can that be?” “Because to be truly rational, you can’t hold a...
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    Since goldman and Morgan are now regular banks what will happen to IPO's

    The enforced seperation between commercial and investment banks was scrapped some time ago.
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    How are the "illiquid" assets getting priced for sale to the 700b fund?

    There hasn't been an official remark on this issue. My guess is that they'll take the total sum of assets that banks wish to unload and divide it by 700 billion LOL. The banking system has become so incestueuse that this should be seen a tax payer funded cash infusion to prop up the entire...
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    Sec short amendment and futures.

    Please point out where they state this only affects SSFs. I can atleast point to this: If you short an index future that includes any number of the listed financial firms you are effectively instigating "an economic net short position (i.e., through actual positions, derivatives, or...
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    Sec short amendment and futures.

    Rephrased: Opening net short futures positions is banned, unless the position was initiated prior to the effectiveness of "the Order" and results in a short sale upon expiration. This affects all futures and derivatives that allow a trader to open a net short position in any of the listed...
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    Question about the ban on shorting

    It seems to me they are using the shock treatment to transfer liquidity from equity markets to credit and credit derivative markets. Removing liquidity from equity markets is less of a deal since the shareholder base can be easily diluted.
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    Huge moves in Fed Fund Futures

    Fed fund futures are one of the few markets in which the concensus view is usually right. The reason is that their value is estabilished through concensus decision, that of the Fed's board members.
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    can someone tell me what can i do with my economics degree

    Economy: from the greek oikonomia (οἰκονομία) designates mainly the oikos (οἶκος), meaning the home or hearth. Become a stay at home dad.
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    Lou Dobbs on "Population Explosion" in the United States.

    A situation you describe as 'oversupply' only occurs if a large amount of people are restricted from participating in the creation of wealth. This doesn't mean that there is an oversupply of people but an underutilization of their capacity to live prosperous lifes. India has inherited the law of...
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    Lou Dobbs on "Population Explosion" in the United States.

    There's something wrong with a country if it starts to view its people as liabilities rather than assets. That's what I see.
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    ES Daytrading: "only 1 trade per day" or "1st trade a loss, rest of day a loss"

    It's a simplified version of what I do. It covers two basic aspects: 1. Objectively identifying a trend using volume. 2. Actually holding through a trend. You see, money can't be made trading. It can only be made by holding a position while being on the right side of the market...
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    Another Bogus Reuters Rumor

    Now what do we do with a hot news flash? We put that flash right in the trash.
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    Nickel and Zinc

    China's Stainless Steel Demand Stays Weak, Makers Say (Update2) By Helen Yuan Aug. 21 (Bloomberg) -- Stainless steel demand in China, the world's largest producer, will stay weak next month amid concerns of an economic slowdown, the country's three largest producers said. ``The market...
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