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hey this newsletter's been picking everything on a dime!........

the media is strange like that. sometimes when i watch the msnbc, so much comes out as just plain assinine blather. -m.o.

on paper and in theory, we can all wish fear/greed was just that. something we could recognize simply and take action upon. the reality is that fear and greed are emotions that we will always face, no matter how many years in the business. the way i'm handling fear and greed is from playing...

I'm acting on the belief that we're in a 'stage 3' in the cycle, where everything is swinging up and down without a clear upward trend.

you're absolutely right gamalruach, i shouldn't say 'never' but even Reagan raised taxes to pay for all the deficit spending he did. -m.o.

i like iqcharts; the minimalist charts are great to print out and draw on. -m.o. (yeah i know, oldschool methods......)

where's the love for the Hamptons? Boston? New York City? Toronto? the northeast packs some hot places too! -m.o.

i'm very wary of silver and its reputation as a highly manipulated commodity. gold on the other hand is something i'd trade. On gold. so much of the media thinks that its gone its course and what not, my question is this: how many of you think that the dollar will make a trend up? I'd...

the best advice on gaps i've ever heard (from Ramoutar) is that gaps: 1) show unstable movement, dangerous 2) do not necessarily have to be filled in 3) show that there is no resistance on the way back from the direction of the gap. again dangerous. So, like samson said, trading...

thats an extreme headline..... if we're close to that point, i'm going to have get me some serious heat and make my home a armed compound. no, serious it'll never get to that point because the taxes will be raised to deal with the problem. 60% maybe 70% tax rates. the government will...

abogdan, that was an amazing post. i'm keeping that for inspiration when my will gets weak. -m.o.

Discipline equels Freedom in trading. free from bosses, clients, customers, corporations. I have the power to judge the course of my life because of the rules, the discipline. Name another profession where even the rules are the ones you choose to follow or make up yourself? you can...

corporations have to stop flooding ceos with stock options. thats the core of the problem. -m.o.

this is true, a house does appreciate. we'd have to be in a house for some time to truely bank on the appreciation. the first several years of a mortgage goes almost all to the interest payments. granted the interest is tax deductible but AMT is always around the corner.......

[His 50 year competitive advantage is his mindset. Iron discipline and thinking independently has made him the 2nd richest man in the world. Trading is a zero sum game and you can't beat the market for 50 years by being like everyone else.] exactly its not what he says he thinks or if he...

$270 million in trading losses for a bonus 1/1000ths of that. nice. what the hell were they thinking? -m.o.

at what point does living in a big house or area not become worth it? eventually we all have to pay the piper. if we spend all our time working to pay for our house, what's the point? why be the a slave to the bank? -M.O.

sorry, i meant to write that i live in eastern long island. suffolk county. not western. typo on my part

only when we get to the point where people can't sell the houses, do we know its overheated. so California, definitely isn't. Western Long Island, NY where i live, the bubble has definitely stopped, not burst but definitely stopped. Houses either stay for sale or have to decrease their price...

people have a habit of looking at the future as a projection of the present, and present trends. thats why they are not talking about the upcomming crisis.