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but 10% on 3 times margin is not very impressive to the guys in this forum. Everyone here has a system. Everyone here has studied their system and then found out that the system doesn't usually work as well in practice as it does in a database or on a spreadsheet. The reason we're making...

Does anyone know anything about starting a closed-end fund? books, websites, pros, cons?

Long CVD, FMBI, CPKI

I read one report 3 months ago that the US economy grew in 2001 by the exact same amount that people took out of the market in home equity loans. While I think it's a little crazy to equate things on this level (anybody can make numbers say anything they want), it is an interesting thought...

Please don't take my comments as calling a top, residential real estate could easily keep current valuations for another year or 18 months (although I think Bay Area housing is starting to fall). What does make me think we're at a top, is the mood of all my friends (and many people at my...

I was going to tell you that I wouldn't be short over the weekend, but I thought that would be pretty pompous.

That's one of the problems causing the bubble, no one wants to put money in the stock market and interest rates are low, so the natural progression is to put that money in a house. While I live in the Bay Area now, I grew up in Texas in the 80's, and during that time we had a huge bubble...

A few facts: a.. First-time homebuyers made an average down payment of 3% in 1999, down from 10% a decade earlier. b.. As a percentage of disposable personal income, mortgage payments have reached the highest level since the Federal Reserve began following the data -- a...

I'll short the system at the .13 bid by mbg, and I'll buy it back from NUTSNEAL at .05 WOW that's a 60% profit in just a few minutes. That's a great system!!!!

Hey Guys I've been studying the USAI's possible takeover of EXPE in an attempt to find out if there is a rational way to make money. All I've concluded thus far is that it's probably best just to watch the whole thing from a distance. Seems risky, but EXPE is a pig at over 2000 times...

What in the world keeps EXPE up. Personally I don't think it's worth $20

Not short anything yet, but this is what's on my radar screen INFA EQR RX ALD EXPE looks like a great short. I might jump on that.

I'm right there with lightningsmurf. I'm in my first year of experience (although I've studied the markets for 3.5 years). I still don't take much money out of the market, but I don't need to because I've found a way to live fairly happily on very little income. My suggestion would be to...

I was going to get out of the remainder of my longs at the end of day, now I'm wondering if I should do it sooner?

I studied the system a bit and yes I do believe it works if you have plenty of money and you're not worried about long droughts. As the prior posters have said you can get whipped like a step-child until you hit a series of trending days, but it does work. I don't like the system for...

That was a good call. Way to stick to your guns. Also Kudos for getting out. I know people say you should let your profits run, but I'm very suspicious of any market that has a 450 point range in two days.

That should do OK. I'm having a tough time reading the market the next 2-3 days, but if you can trade it successfully more power to you.

I'm still bullish, but the market seemed a little to over zealous today. I got out of most of my positions with a nice little gain. How did you guys do?

I like reading your posts and I thought I would introduce myself. My name is Matt and I too am a swing/momentum trader. I generally trade in 5 to 10 day cycles depending on the technical indicators. I'm curious how often you trade? I've tried to trade in an intraday fashion, but I just...

I believe optimal betting is reached with this formula WP- winning percentage (in decimal form) RW- average return of winning bets RL - average return of losing bets Optimal %= (WP - ((1-WP)/(RW/RL)) if the average winning return equaled the average losing return the formula would...