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    Is china dumping now? Is this hyperinflation?

    Don't know about hyperinflation but selling bond futures lately has been a piece of cake. The Fed can control interest rates but only for a short period of time. The forces of supply and demand will always win in the end. Watch the yield curve and the price of oil. We may soon get to the...
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    Best Trader of All-Time

    Jesse Livermore does not deserve the respect he gets as one of the best traders of all time. He blew up countless times and took massive risks --->>> "Boy Plunger." He made most of his money through manipulating the market, not trading it. The regulation that came after the crash ended his...
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    If U.S. is so confident about the economy...why we got so much gold reserves?

    That's funny! Bernie took it :D
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    If U.S. is so confident about the economy...why we got so much gold reserves?

    Because the government is smart enough to know the dollar is a worthless piece of paper.
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    this is the mentality of a true champion trader:

    If I were looking to hire a trader there would be one quality I'd look for ----->>> Ruthlessness. If you can bring a cut throat, ruthlessness game to the table each day you stand a good chance of trading like a champion. I go through periods where I can elevate my game to that level but it's...
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    this is the mentality of a true champion trader:

    That was awesome! If you can trade with that kind of intensity and perhaps insanity, you'd be the champion. Tyson would make a kick ass trader if he had any sense. He'd probably throw the monitor through the wall :D
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    What CNBC does is almost corrupt.

    Absolutely! The internet is just the start.
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    31 y.o. in charge of dismantling GM

    Perhaps you meant, <b>"All old people..."?</b>
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    What CNBC does is almost corrupt.

    Scary ain't it. Love him or hate him (I hate him) he's dead right but he's got horrible timing. Sound familiar? Technology will get the economy back on track. Hopefully Obama taxation won't crush the spirits of tomorrow's entrepreneurs.
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    What CNBC does is almost corrupt.

    We are still in a long expansion. The market will keep going higher. Not at the speed of the recent rise but up we go. The financial crisis was just a speed bump. Once consumers pay down more debt and save more they will begin spending it on the next Widget. Think about it, <b>computers fit...
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    • Prepare for the worst

    Here's the rub....Surf's up = yeehaw! Surf's down = yeehaw! Marketsurfer will tell you. C'mon Surf, gimme a Yeehaw! :D :D
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    • Prepare for the worst

    I was standing along side a veteran trade a few decades ago down in the pits and I was running numbers and calculating pivots, trying to find where the market was going to top and he turned and looked at me and said these two words, "surf's up." He turned back and went about his business. I...
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    • Prepare for the worst

    The worst is behind us man. We are smack dab in the middle of a technological revolution that makes the industrial revolution look like legos. The "financial crisis" was just a speed bump. 100k jobs will be back. It's all good man. Go smoke a joint or something, put a smile on your face...
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    whats it like to be short into a ramp like that?

    It does not matter where you place your stop -- the market will hunt it. Did you know that MM's can actually track stops based on IP? LOL. Bet few people know that :D :D
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    Excellent & Troubling Interview on US. Econ'c Future: Video

    This will never happen because by requiring you to fill out a 1040 each year the IRS has you by the balls and knows exactly what pots you are pissing in. Income tax is not about money, it's about information and control and they will never relinquish that kind of power!
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    Once Considered Unthinkable, U.S. Sales Tax Gets Fresh Look

    This is awesome. We're moving closer and closer to the day where I don't have to work :D
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    dow 100,000 book

    Dow 100,000 by 2020 huh? Well, let's do a little math. ((100,000 / 8473) ^ ( 1 / 11 ) ) - 1 = a compound rate of 25.15%. That's considerably less than what I thought the answer would be but I say no, it can't be done. Has the Dow ever returned that over an 11 year period before? I doubt...
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    Why is it scarier to spend money when you have it, then when you dont?

    When you get to the point where you are rich, or even well off, your biggest fear is becoming poor again. Some rich people are the tightest people I know but I know other rich people who can't spend enough, fast enough.
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    U.S. Gov just spent 190 million on swine flu vaccine

    And if the swine flu did turn into a true pandemic that kills millions the government would be catching hell for doing nothing.
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    Porsche On Verge of Bankruptcy

    Now there lies the truth. To see a BMW or Benz rolling down the road is just another day. To boot, every mo-fo owns a Lexus RX, like they are just giving them away. People lease them for what my parents used to call their mortgage.
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