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Congo, Rwanda,Uganda, Sudan.... Horrifying mass-murder of biblical proportions, and the UN isn't phased in the least. They must be too busy creating new resolutions condemning Israel. Such humanitarians....

There was a Barron's article in late Jan. or early Feb listing the best performers of 2002. I know Sprott was #1, but many equities funds with small options/futures activity like to classify themselves as CTA's (not hedge funds) to fall under CFTC instead of brain-dead SEC regulation. If you...

LOL!!! Perfectly timed metooxx!

Yeah, as if. Who do you think is on the other end of your options trades? It sure as hell isn't Janus/ Invesco, and it probably isn't Joe Sixpack on his Ameritrade account either.

The dumb money shortage is especially bad in Nasdaq.

Yeah, that's the tough part. IMO, spotting the dumb money is easier than spotting the smart money. By law, all company insider activity is published- but only weeks after the fact. There was alot more dumb money around 2 1/2 years ago. When QCOM was up 34-fold in one year, and still had big...

Here goes a very broad generalization: Smart Money: Hedge funds, Quants, insiders. Dumb Money: Mutual funds, 'the public'.

Sure, the American government is known to lie to the public on occasion. However, I still prefer being a U.S. citizen at the mercy of the U.S gov, rather than any existing Arab or Islamic dictator.

Good post NA, I think that's a workable theory. As for my own trading, I use short-term relative strength/ momentum/ pattern recognition/ fundamentals/ gut feel. Never touching the regression lines/parabolic stops/ boilinger bands/oscillators/ point-and-figure/ fibonacci/ super-doji...

By that flawed logic you could say that some devoutly religious individuals are happy & wealthy, therefore religion is the proven key to happiness/wealth.

Have you considered that perhaps Saddam had WMD, and decided to use them. However, he had trouble communicating with his officers in the field, and/or they refused to obey orders to launch WMD?

Please feel free to rebuff Niederhoffer's arguments against TA , AFTER you've read them.

Yes MSFE, Russia & the U.S. were allies against Hitler. Any other news flashes you'd like to share?

Try chapter 3 of Niederhoffer's 'Practical Speculation'. Nearly all TA can be proven worthless by rigorous data-mining.

Here's a thread that's similar, but much cooler: http://www.elitetrader.com/vb/showthread.php?s=&threadid=13088&perpage=6&pagenumber=1

Getting rich solved 90-something percent of my problems. Being rich isn't quite like a lifelong blissful orgasm, but yeah I'm much happier.

The 'respected' brokerage firms (goldman/merrill/morgan...) and Mutual fund co's (Janus/ invesco...) screw people out of more money every minute than Waxie can rip off in a lifetime.

Oh, Candle isn't interested in marrying them, he just likes to smoke weed & eat their pussies :D

"While the fact that 100 being the average IQ is actually pretty scary, there are a lot of "smart" (132+) types with absolutely no common sense or who are too warped that you won't want to be around them either." _________ If I'm not mistaken, Mensa fails to account for the Flynn Effect...

HELL YEAH! Agree with every word you said.