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    help with futures Vs. ETFs

    Fo those of you who trade stocks, etfs, commodities, futures...I am in the middle of a big strategy change. i am completely revising my money management structure, as well as what i trade. Before i was trading individual stocks...and they are just squirrley as hell. I would get jigged out...
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    Housing Rolling Along 2

    I agree..sort of. Yes the fastest growing areas will be hardest hit...but colorado is pretty much up there. no Fl, CA, or NY..but high. My sister had a 1600 sq fot house for $350 that was no big deal. Then you have places like Aspen....I used to spend all my summers there so i am pretty...
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    Housing Rolling Along 2

    surely you jest? that may very well be the most ignorant statement i have read all year.
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    Financial Advisor??????

    this is 100% correct. you will throw your brain out the window. you will be highly encouraged only to sell very safe products, to keep the firm out of court. You will be almost completely detached from the market really...It is 100% sales...about 0% trading , technicals..e.tc.
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    housing crash

    they did go...i had to cover for a loss. they will surely come back down..looking for a signal. i see no reasonable mean that these stocks can continue to the upside or the companies grow profits in the near term. any long play on these should be very short term and very well watched.
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    Financial Advisor??????

    Not everybody likes this stuff the way we do. they dont want the hassle of dealing with it, or they like to deal with a human for a second opinion. Anyone can do their own taxes and accounting too....but normally they use a service becuse they hate to screw with it. Pretty much anyone can...
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    Financial Advisor??????

    No. but it sure does help. I know a guys that used to own a very successful clothing store in town that everyone knew (didnt hurt that he was jewish). After selling his store...became a broker. I believe he generated about $2,000,000 per year in commissions. retail sales is almost never a...
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    Financial Advisor??????

    referrals only go so far...you will eat them up in a day. they have seminars...sending invitations. churches are good. they still should cold call like mad, there are lots of people that are not on "do not call" lists. Also, call on businesses is a GREAT way. Business are not on do not...
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    Financial Advisor??????

    American express had a bad rep in the business. They simply cold call, sell proprietary products, and try to make people pay huge amounts for "financial plans" which are very simple. If you want to be a broker...Stick to Merrill, Morgan, Goldman...one of the big boys. yes, the firm...
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    This market wizard needs help

    makes me feel better..i am not making any $$ either lately.
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    Mexico 28-day T-bill = 8.6% Ann Yield

    Here in Costa Rica I can get you 18-20% bonds in the blink of an eye.......might i add inflation is 15+% and the country rating is "BB". i would touch anything down here. Mexico is pretty stable, but you will probabbly get whacked somewhere, Foreign commissions, foreign taxes, setting up a...
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    college grad seeks advice...

    I concur...Prop shops destroy a resume. and you can learn much more while getting paid at real firms.
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    How many have had this happen?

    Modesty is always the best policy if you are trying to either avoid a conversation or attract funds. I have a full time job (which is hard enough to explain). I have narrowed it down to "I run the wholesale bond market"...which i do, for my piss ant little country. in regards to my...
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    USA Economy is strong ?

    diagree 100%. I used to own a recruiting firm. There is an art and a process to quickly and efficiently finding a job. Advanced education is SUPER important, dare i say the #1 factor.
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    Divergence in housing?

    insurance most of the time is a rip off...i have all my insurance licenses and i can go into detail on this...but it would take too long. let me just put it this way. 1. They are in the business of making money. 2. the basic premise of insurance is that it is designed AT A MAXIMUM to get the...
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    Housing Rolling Along 2

    i put .4%...i meant 4%...sorry...homes traditionally about keep up with inflation...maybe a bit less. Negative yes is VERY possible.....i am guessing you have never owned a home? keep in mind we are talking about NORMAL situation, not BOOM situation. figure this: Average mortage (over...
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    Housing Rolling Along 2

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    Housing Rolling Along 2

    hasnt crashed yet, you are right. But i do believe the bay area DEFINATELY will be very hard hit along with the east coast floria, and the other inflated areas. man, you have to understand, only 14% of the population makes enough money to afford a home now! with all the specuators...it is...
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    Historically, how do retail stocks do on Fri?

    low volume, basically flat, unpredictable. I think it is mostly low end retail orders being filled. i will be staying out until monday personally.
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    Why no pullbacks in this rally ?

    yeah, no fear. Then your margin call comes. tell at that point what your emotion will be. i can tell you this...wont be "no fear"!
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