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interesting, America is socialist Russia is capitalist... strange days are here...

Electronics are not in deflation. They are goberned by Moore´s law. So eventhough the price per transistor does go exponentially down it is only due to the fact that the cost per transistor also went exponentially down... due to growing scaled economies. So income is not reduced but rather...

ford is priced at $6 and it´s debt considered junk... for a reason...

the beauty of a flat currency is that you have a liquidity multiplier. It works like this, you divide the emision by the minimun monetary reserves that are asked to be put aside to banks and institutions. Why. Lets say the FED puts out $100 and that the minimun reserve is 10%. The...

I´ll raise my inlaws with a 2 7 {different color} anyday...

amex specialists are aholes... If you´re starting go to NYSE or NASDAQ... forget about AMEX at least till you have plenty of experience.

Why dont you try SPY, spread is only 0.01 and it usually moves around a $1 range intraday. QQQQ moves only around 0.60 per day on a 0.01 spread, but it´s way more liquid than SPY, you can easily trade it on 10k shares or even more...

Did anyone else shorted that text book formation on qqq friday?

One hundreth years of solitude. By Garcia Marquez. Good call on the proverbs of Solomon, murray, great book.

running a personality test on actual traders could bring foward interesting results...

very interesting article...

how many trades per day do you guys do when scalping?

are they traded on AMEX or NYSE?

if you look back in the thread he went through this several times... somewhere around page 30. ;)

1984, what a great book, Orwell was a master writer. I was constantly reminded of that book on the weeks previous to the iraqui invasion... how people where calling fries "freedom fries" and destroying bottles of champaign, because they where told france is the enemy... so france was the...

I agree that macro economic data is very difficult to cook, but is not very hard to make it sound better or worse if you pick the right indicators to mention... One thing I don´t like about US economics today is that interest rates hikes have done little to contain inflation, but Im not...

I consider unlikely that hyperinflation is on the horizon... or that one single event can cause it. But I do see several things I dont like with the state of things, like the housing bubble... the multiple deficits, the war that just keeps getting less and less popular, unions choking companies...

Love of money, root of all evil.

A good example. I was looking at an article in reuters regarding the so called housing bubble. On the one hand you had the head economist at merryl linch saying we have a 35% chance of a crash in early 2007, on the other we have the head economist from wachovia saying that a crash in housing...

providing liquidity for junkies... jeje... that´s good...