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Agreed. I just browsed through some of these threads and couldn't find the humor anymore (in the past I could but now it is getting really old). No content lately, just pissing, bragging and sarcasm. On a side note - why doesn't Baron start a "bragging" forum - for all those who...

I LOVE IT! Raising the earnings forecast right when stats show a recently weaker housing trend. Classic. Mike

Where are all the housing bears? This should be music to your ears... Mike

http://money.cnn.com/2005/04/19/news/economy/housing.reut/index.htm?cnn=yes

I've mentioned it before but I'll say it again - you are doing really well and don't let people discourage you - I'll give you three reasons why I think you have made tremendous progress in a short amount of time: 1. I haven't seen a blow up day yet (you obviously have the discipline trade...

Goodpunk, I'm not sure if I came across the right way in my former post but you have admited to being in the market all the time. IMO this is a sure way to develop compulsive behaviours that are more similar to gambling rather than trading unless you have a very sophisticated arb strategy...

Hi Goodpunk, I have a question about your approach. I have a feeling you maybe doing something I did when I was trading INTC regularily. I have been a position trader for sometime and about 2 years ago I made a slow transition into intraday. I thought at the time that I wanted to trade...

I like the CERN setup. Look like a good resistance break. Might join you on this one. In terms of you strategy are you preferential to wide trailing stops or fixed profit and loss targets? I tend to give my swing positions very wide trailing stops and take profits when I see a technical...

Look - those of you who use the argument "they are not making anymore land" do not know what the f--k you are talking about need to stop. I'm going to say it again - this is not about supply versus demand, this is about greed. Why do you not understand that greed has entered the current...

Today got me back on track but last wed thru monday were awful. I kept getting stop out after stop out. Down 600 on wed, down 1800 on thrus (worst one day loss since Jan), up 790 on friday, up 450 on mon, down 600 on tues and up 2700 today. I'm usually very consistent but lately I cannot find...

Hi Doug, It is my belief that at this point (and I could be very wrong), that the current demand is artificial and is being percieved as real for the sake of rationalization. IMO, the price increases are due to ease of entry, not increased demand. An interest only ARM with a 1% teaser rate...

Current real estate valuation is perception - i.e. speculation. This is where I see the problem. Current prices are based on speculation and perception, not value or fundamentals. Fundamentals should be 90% of RE investing IMO. Right now for many so-called RE investors, fundamentals...

Buying power. Due to the current interest rate environment people are granted excessive buying power, i.e. margin. I believe the recent price appreciation and demand are not necessarily correlated. IMO demand has stayed constant while buying power has broken down barriers for entry into...

Well... I will say we probably have very different stragies BUT I would be VERY careful with that statement no matter what strategy you use. It seems like you are saying a "no-brainer" is a good thing. Mike

The fact that anyone would place trades based on someone else's recommendations still baffles me. Why would you place the critical decision making process, which IMO is the most important aspect of trading, into someone else's hands? Is it because one can blame someone else if the trade...

Hi Goodpunk, Great job so far. I wasn't anywhere near (in terms of PL - I was in the neg terrirtory for over a year) to where you are at now. So after 5 months so you are doing really well and don't let anyone tell you otherwise. Consider this though, you are keeping 20.5% of your gross...

Exactly. If you can't trade 1 lots and make a buck then it really doesn't matter what else you do. Mike

Well, you are right, I am saying the same thing, its just phrased differently. Sizing a trade is a "feel" for the potential move IMO. Note I am discretionary and I don't have a thorough understanding of the many options strategies. Doesn't experience teach us what moves are almost sure things...

I think it is grey area. Risk on a trade should be a monetary risk, but position sizing determines said monetary risk. Monetary risk and position size should not be constant IMO. For example, you can have a reversal strategy where you keep buying on broken supports (not a good strategy...

Well, my "edge" is my intuition - I don't really think of it as an edge though - more of a feel, a combo of how much confidence and potential I percieve in any market move. This changes every day as does my money management. For example, I know that a stock I trade might take me $.XX into the...