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What is up with you guys? You seem to have gotten so used to shorting you won't see a long opportunity when it's in front of your nose :) I bet that's exactly how the bulls saw their expertise and felt about shorting in general up until the burst of the bubble :D Unless there's a war with...

My point exactly :) Most - maybe. All - I wouldn't say so....

You can weight moves by price/volatility (e.g. how many standard deviations it is from the MA after a move - that will account for the peculiarities of the issue). Sorry for the brief answer, I have to run now, but will probably get back to it later if it's not answered by then.

LOL :D :D :D

Check out this paper: http://www.public.asu.edu/~selim69/research/RegFD.pdf I'm working on something similar. But my bet is that the earning related info is more closely monitored now, so even though this guy finds there's less evidence of informed institutional trading prior to...

That actaully was a very realistic piture you have painted. I was in St.Petersburg (Russia, not Florida :D) last May and really enjoyed trading from there (besides the usual cost of living factors and how beautiful the city is to live in, the time difference was awsome too. The US mkt opens in...

OK guys, since I seem to be the only one you are arguing with and it's not really contributing much (if at all :D) to the original intention of the thread, I will not post on this subject here any more (besides, I'm sure you'd all still cling to your initial time-weathered beliefs on this matter...

I didn't mean that they could take all of them :D but if they took progressively more the more you made (after a certain threshold), it wouldn't mean that much too you as it would to the society. Most people who are already moderately wealthy have a relatively low marginal utility of wealth at...

Hey, I meant no disrespect for the undergrads :D And you are right that it may just be that the human nature causes problems for such systems. But I think it doesn't necessarily mean they are not viable. I think that with the right people in charge and careful execution, it can work wonders...

Come on man, you know perfectly well I didn't mean just taking money from the rich and giving it to the poor by what I said earlier :) I agree with your statement in terms of helping someone in a way that will put him on his own feet etc. I know this too well from my own experience. I was...

There IS such a mechanism. It's called TAXATION! And ALL capitalistic societies have those. The supply and demand logic you are referring to seems to have come from an undergrad econ textbook. C'mon man, most of the wealth in this country is INHERITED. See any supply demand story there...

You know man, I almost wanna reply to your crappy reasoning, but what the F### is the point. If you aren't smart enough to know the difference between comunism and socialism and use those interchangeably - then I rest my case. Happy trading, snob. PS I was talking about equity - meaning...

Thanks, RS. I wish the same applied to my pronunciation... :D I mean, it's OK enough for foreigners to think that I'm from here, but the locals spot the accent most of the time :( You are right, it did play a major part in it. But the main reason was that for such a system to work, the...

I have a similar situation and I couldn't agree with you more man :D :D :D

I'd disagree with you there man. I spent about half of my life in the USSR (both while it was still intact and after the collapse.). The pitiful standards were a result of a lot of things that I can write a book about. I don't think the duty to the social good was one of them. I have since...

Totally agree. People anyone trades against can still make money even that someone does, maybe just not as much as they would have otherwise. With options, it's a different story..

If there was no trading, how the heck would anyone know what the correct price for any asset was??? It's through the joint efforts of all the traders that all the information is incorporated into prices. That makes sure that any profits are arbitraged away asap, so when your butt decides to...

How many of you guys seem to make more $ in afterhours/pre-open trading than during regular trading hours? do you use the same targets there?

Thanks, Breakout, I'll check them out.

I'd love to answer that one, but then you (or someone else) can try to look me up on the web, search for papers etc etc - that's too much info to release here :cool: Don't misunderstand me, you might have been simply curious, but... I'll answer you when I arbitrage away all the profits and...