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With all due respect, the point is people want to blame the government and of course I am generalizing because everyone isnt a whiner, this is not a black and white issue though I feel strongly that more people got caught up in this mania then did not. First off, anyone that trusts the...

Thank you Arnie, Why is it so many times people want to dump this one on one faction or the other. They are all equally guilty and equally not guilty and if anyone is guiltier than the other its, us, the people for creating the mania and not giving a crap about the ramifications... oh... until...

I agree with ya El Cubano on the overal direction... but on a more important topic....... Am I the only one that thought she was a marginal singer? I mean all the other idiots were even worse but arent we making to much out of this.. Yes its a nice little story about the underdog and a...

IronFist I guess I meant it more in a mechanical system. Not saying it cant be done, just saying I couldnt find one that worked for "me". Ive mutated into a position trader from a daytrader and life is much better on this side for "me". In the grand scheme of things, if it works...

Have been riding the swings since the November low (currently net long a little over 2.00, and also like the play but perhaps for different reasons then most posters have. Because at this time Im looking for the market to top sometime in the fall and head to new lows I dont know how good I would...

I cant answer that directly but dependant on how strongly commodities can rally will determine the faith of that entire sector. Its a pure beta play if they start to move and if you are bullish at all on Commodities you need to throw a fuw dollars in that sector that got its butt kicked all last...

I spent many years developing a system but after many years I realized that it takes more then a system to be successful. Im not saying you cant create one but after years of working on one I only came up with ones of varying degrees of success. What I learned is that my self I am better suited...

We have a ways to go on the downside unless we pull a horseshoe out of our arse and get unemployment do start falling to get spending up and foreclosures down. Not optimistic about it so agree sometime in the fall we should top this thing out between 1100 and 1200. Note that moves of this...

This is bad news, as Letterman would say. "We have a star shortage in this country"

If you are self employed a Keogh may be another option

Depending on how bad it can get the Yen would be a good place if we hit hyperinflation, of course a run to their currency would kil their economy but for the short haul before they start printing and burning yen it might just hold together a little better then everyone else.. note.. I am talking...

Depends if it makes sense. If it does.. we shouldnt do it. Its goes against what we do best

I posted something earlier that you need to be like a closer in baseball. If you had your stuff, and they hit a 3 run homer off you in the 9th,. just come back with the same stuff.. of course we are assuming your stuff is good to begin with. trading is 80% psychology, maybe more.. DOnt let it...

Personally think it needs to get down to around 650.00 or there abouts to be bullish but then I am with ya.. though I think the potential is about double what you are looking at if you lengthen the time frame a bit... but have to see where we are at in the fall

Oh well, not sure why anyone cares. Do we actually have money in superfund?

I spent many years developing a system but after many years I realized that it takes more then a system to be successful. Now, my philosophy is a different approach 1.) First, viewing the market on a Macroeconomic level to determine my long term trend of the market UP or DOWN, 6 months to...

Websters dictionary's description of the word, Gamble is; To bet on an uncertain outcome, as of a contest. To play a game of chance for stakes. To take a risk in the hope of gaining an advantage or a benefit. Based on that I would say that "most" people that are in the markets...

Rumours were swirling around yesterday that they had someone to secure a large portion of their loans that are underwater. Who knows what the truth is anymore

On Feb 28th I was telling most of my clients to start getting long even though I felt we would have one more push lower (lower then the march low) I quailfied that by telling them the need to build some sort of floor on their long positions to anticipate the push lower. They asked me why not...

Trading is like being a closer in baseball. If you can give up a 3 run homer in the 9th to lose the game knowing you threw your best stuff, and come back the next day without thinking about yesterdays game, you have the make up of a successful trader.