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I'm already short from Friday. There is a possibility of a trend change, but no confirmation yet. Nothing large because you don't know what nonsense will come out over the weekend (and because there's no confirmation of a trend change). I have quite wide stops. I'll add to the shorts if...

It's because the Chinese maybe about to raise rates. But the Irish story is there too.

You might see a 2% drop today...

b/e = breakeven. What do you mean, it's only over the phone?

Not a bad idea. Singapore, however, is not a cheap country to live in.

If you're going to chase the price as you put it, you need to place stop orders at points which will reasonably confirm a possible trend change (in the time period you're trading in). You can always move them up to b/e and beyond if the trade is working. I was stopped out yesterday. I went...

Looks like you guys waiting for a dip are going to have it, probably tomorrow...

I sold my position in silver this morning at 2800. After I did that, i thought to myself, "WTF am i doing?" I recalled the passage from Reminiscences that i posted above. I re bought my position in silver at 2820. edit: currently trading at 2850

The customer would finish the tale of his perplexity and then ask: "What do you think I ought to do?" Old Turkey would cock his head to one side, contemplate his fellow customer with a fatherly smile, and finally he would say very impressively, "You know, it's a bull market!" Time and again...

From Reminscenses: Slow as my progress seems now, I suppose I learned as fast as I possibly could, considering that I was making money on balance. If I had lost oftener perhaps it might have spurred me too more continuous study. I certainly would have had more mistakes to spot. But I am...

How can I participate? What is the symbol and name of the ETF? TIA

Why is Jim Rogers a joke? Please post why you think this. Rogers makes LONG TERM predictions. I've been following them for years. I don't think he has ever made a wrong call (remember this is LONG TERM i.e months to years to decades, not day trading).

Trade with the trend, not with your friend. Stop fighting the markets. You will lose.

No, I was pretty mad at all of the above...and I'm not even an American!

Stop listening to Geithner:

Ahem. I think you mean France's history.

Um, no. Great Britain technically refers to England, Wales and Scotland (plus a bunch of smaller islands). The UK is England, Scotland, Wales and Northern Ireland (plus a bunch of small islands)

Gordon Ramsey is your friend? Does he shout and scream at you?

Lol - yes, i agree. Whenever you hear a Yank on TV talking about the UK, he refers to it as "England".

I'm gonna spend it on this: http://www.virgingalactic.com/