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Bush has already stated the economy is OK... what else would he say now? I disagree, it's not OK, but this is just a cycle exaggerated by the mortgage BS... nothing more. Let the damned market self-correct. Down to 7,000, then back to a bull market.

Stick around, it gets better. Wait until the long stops are taken out. Then, hang on and smile!

Agreed. The day when I stop being content with what the market gives me is the day I start losing.

Damn, I am glad I trade on a laptop!

Monday + $3,041.50 What's all the fuss about?

Friends in the oil business called me to recommend filling up tonight, with Ike making a bee-line for the oil rigs. I don't trade oil, so cannot advise there. Just passing it along...

And eventually do. "Hi, you have a nice ass, woman. Would you sleep with one night for a million dollars? "OK!" "How about $100?" "$100? What do you think I am???" "We've already agreed on what you are, now we're just bargaining."

Nice 100% return on my shorts... thanks LEH! Flat...

Covered my shorts at $3.90, nice 100% return.

Along that same vein: There are old traders and there are bold traders. There are no old & bold traders.

GREAT!

I will try to link my related question into this thread's intent: If I own XYZ trading, a sole proprietorship in the business of trading futures full-time in a normal futures account, and my wife, who files her 1040 separately, and has her own futures trading account/platform/data...

THANK YOU. That is what I was trying to tell him earlier.

Nichts zu danken. De nada. Pozhaluista.

The ratio of naysayers to positive posters on ET is directly proportional to the ratio of losing traders to profitable traders on ET. Think about it. Why would people with money want to hang around with people who cannot enjoy life the same way?

Wrong again, gnome. I find your ASSumptions funny, though. :)

During times of good volume, I have seen 1,000 ES cars driven through with zero slippage on limit orders. NQ and YM are much lower, well under 100. Working on a scenario spreadsheet? :)

Right. And sometimes neither one will work on any given day. In which case you step away from the PC for the day and go do something fun or unhealthy, or both.

If you really believe a Democrat is going to simultaneously raise welfare and lower taxes, I have some LEH calls to sell you... cheap!

If a trader is so careless to lose months of earnings, they deserve a lashing with a cat of nine tails, then banishment to the doghouse. Agreed that some traders are simply not happy in traditional employment or self-employment, and are wired to do this and nothing else.