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the sec doesn't regulate wall street. wall street regulates the sec.

there is nothing you can do now except to remember how it feels and use it for motivation. if you succeed later you can treat them the same way they treated you. people say money doesn't make you happy. well, it does. when you have financial freedom you don't need to take crap from anyone.

consipiracy or no conspiracy, there is a lot of truth in this. and this applies to just about anyone who works in the investment advisory or investment management fied on a salary.

out of curiosity i did a quick and dirty test of yesterday's range compared to the range of 2006. i said huh? yesterday's move was normal? here's the data for the s&p500 index. 1/1/01 to 7/20/06 average range: 12.0 standard deviation: 5.2 so 2 standard deviations higher would be a...

yesterday was a fat tail event. someone out there probably has a model that predicted it. now we all know that there's only 1 reason why yesterday was a fat tail event. bernanke said something. so did the model predict accurately or did it get lucky? years from now when someone is...

lol it would be funny if he says tommorow "the market misinterpreted what i said."

i'm not being a jerk, but if you didn't understand why didn't you ask him again?

why don't you ask him?

the ES yesterday was an inside day and a doji day. the breakout today is looking pretty good so far.

have you considered that the type of personality that drove you to trading is the exact type of personality that will make you unsuccessful? e.g., once you have an opinion, you will not change your mind even in light of new information. you immediately attack any new information that...

lol! not having to pay any capital gains tax on microsoft stock had nothing to do with setting up the foundation. okiedokie.

so let me guess. everyone was only thinking of danger today so the market goes up. everyone is thinking of a happy day tommorow so tomorrow it will go down?

a trend day on a fed day. so why do people day don't trade fed days?

i usually don't watch it as it happens, so i'm not sure. is this a typical after announcement reaction in terms of the magnitude of the move? up or down. thanks.

lol i was just going to say that people say don't trade fed days. this morning sure looks like a good morning to trade. anyone have stats on how today compares to other fed days?

have you considered that the type of personality that makes you want to become a trader is the exact type of personality that will make you unsuccessful? never combine buy and hold with margin. why? because every stock will get pulled down by the market no matter how strong the company's...

the gates foundation already has $32 billion in it. so there you go. most of bill gates' wealth is already in it. it's a tax shelter guys. he's not leaving microsoft to focus on philantropical efforts. he's leaving microsoft to focus on the organization that has his money. for you to...

the number 1 reason why the fabulously rich create their own charities is this http://www.inc.com/resources/tax/articles/20051101/taxbreak.html the number 2 reason is to further build relationships with government organizations. the charity contribution in this case is just a legal form...

being headstrong is one example. when i say personality i also mean character traits.

Have you considered that the type of personality that made you want to become a trader is exactly the type of personality that will make you unsuccessful? I can give examples that will support or refute, but I don't want to infulence you. Think about it.