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  1. K

    Where's the ''economic benefit'' anyway?

    There is none. Publicly traded stock exchanges serve the purpose of giving companies revenue streams (via ipo's). Options/futures/indices don't really create any tangible economic benefit (other than giving investors/traders more thinks to trade). In the case of options for example, its a...
  2. K

    Very bullish

    Drukes is the bomb!!!! keep the hitz comin. i've backtested druke's market prediction system and it has 100% accuracy and always meets its price target within one day. i'm about to load up on whatever he says.... K
  3. K

    how would you trade a 401k inside fidelity?

    with your limited options (ie no stocks) I'd just pick one or two of the funds offered and buy & hold. Spend your swing trading effort in other accounts where u have full flexibility (either taxable or roth). I'm not a fan of swing trading funds since you won't know the sales (or purchase)...
  4. K

    Hmmm.. Those Google Kids are rich.

    They're billionaires, does it matter if its 10 or 20 or 30 or 40? Plus it appears thier worth increases every single week, so probably impossible to know how much money they have (unless you have access to their finances) remembering that they have other investments too. They're making me rich...
  5. K

    Do You have other talents Besides trading?

    i'm pretty good at... smokin chronic from the pipe playing hearts (card game) sex with gf (or anyone else worthy) ice hockey smokin more chronic from the bong watchin tv procrastinatin house work/choirs
  6. K

    "Somebody's sure to notice this..."

    I wouldn't go that far. Certainly mistakes in the moment can be costly, but so can many other jobs
  7. K

    GOOG Powerful

    I haven't watched cramer in about a month and half but last time I heard him (if cramer is where ur friend is getting info) , cramer was saying 7 for this year. Which I think may be stretching it but it wouldn't shock me if they did.
  8. K

    "Somebody's sure to notice this..."

    Maybe they ought to teach the traders how to use the new computer system before they f up. I think the trader's superiors should be fired cuz of this, not the trader (unless the trader was given time to learn and just didn't).
  9. K

    GOOG Powerful

    You almost thought about it? So you really didn't think about? Seriously though, putting all your money in one thing is a dumb thing. Hindsight is everything, I could be retired today if I put all my money into the stocks and bought on margin. But alas, I didn't and am yet not retired and...
  10. K

    SUPW - Superwire?

    I personally stay away from pinksheets as investments (or trading). But I do own a 2 "penny stocks" -- rmkr, elec.ob. Elec is an old-school phone service and voip provider. i think the voip is going to break out and it has alot of potential. rmkr, i don't know alot about, but peter lynch...
  11. K

    GOOG 300 Shorts mortified

    booyahka!
  12. K

    Good idea or destined for failure?

    most of these funds of funds are just paying twice the fees (one for the underying fund, and two for the fund of fund) to underperform the market. Maybe this one is better but if the people running it can position trade funds, you'd think they'd prefer position trading stocks.
  13. K

    goog - a bloodbath in the making

    Goog $30 a share fair value? http://www.hussmanfunds.com/wmc/wmc050613.htm Dr Hussman says -- "I'd currently estimate its value somewhere in the $30's. No zero is missing in that last sentence" Which would give goog a pe of 11.8 and a forward pe of 4.5. Does anyone get how he could...
  14. K

    Party Poker IPO...

    That was high comedy The thing that worries me about party poker (from a users perspective) is that its off-shore (and off-shore in a weird place)...Something that anyone investing/trading the future stock should be aware of... "We are licensed and regulated by the Government of Gibraltar. "...
  15. K

    HF manager suing a company for duping him into buying back its stock at a exaggerated

    this is pretty funny. the guys on the nfi yahoo board mention that this hedge fund has shorts on about 40% of the stocks on reg sho (implying that the fund is participating in illegal naked shorting and downward price manipulation). If this is true, the idea that he's sueing a stock for doing...
  16. K

    CNBC - Cramer's Mad Money

    This is what bothers me...He's causing alot of his not-so-educated listeners to over-trade based on what he says. He said goog was a buy on an earnings play at around 190. That was a great call. Then it was at 210 and he said it would hit 250 within 4 days (a good call -- even though goog...
  17. K

    S&P Rebalance Friday???

    Joe, Thanks for the clarification (I'm no s&p 500 expert)... I wouldn't imagine a rebalancing having that significant of an impact (and like you said the rebalancing can indeed be calculated by anyone before hand)... As far as additions/subtractions from the index. Do these announcements...
  18. K

    S&P Rebalance Friday???

    This isn't necessarily true. Look at Yahoo Nov 30 99 Closed at 212 Nov 30 99 after hours -- announced it would be added to S&P Dec 1 99 - open/close -- 230/228 Dec 7 99 -- added to s&p -- open/close -- 296/348 Thats over a 100 point jump after the announcement... Granted one...
  19. K

    is google really worth $300-350 a share?

    Riskmanager, I have no problem with you picking apart my comments but I think you may have me pegged incorrectly (but then again maybe you analyzed me just right and i just don't know it)... Yes I consiously made a decision to take on more risk than the average investor. I would...
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