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  1. K

    IB ad on inside of Futures and buying power?

    Reminds me of those "equity repositioning" commercials I used to see on TV. I think it was 2006 or early 2007 when they were running them. These were ads urging people to take out a loans against your house to invest in mutual funds. They did a similar thing before the great depression, brokers...
  2. K

    Taking 410K to 4million by Year End 2010

    2nd! Good luck. :)
  3. K

    How does propping up the stock market help?

    Ben Bernanke no doubt subscribes to George Soro's theory of Reflexivity. People and companies feel better and spend more when share prices are higher. Higher share prices can reinforce themselves by improving the economic situation for the better. Bernake's solution is to the crisis besides...
  4. K

    High interest savings

    0.75% Just wait until all the stocks bought on low margin interest start to unwind. This rally was fueled by low margin interest, among other things. Even a small correction could percipitate lots of margin calls and forced selling.
  5. K

    Futures Scalping

    I used to do tons of futures scalping. It was not uncommon for me to win 10+ round trips in a row. The thing about scalping (for me atleast) is it is very high probability. You win the vast majority of trades, but you only make a small amount on each. Then the inevitable bad trade comes along...
  6. K

    Who's buying Gold?

    A retrace to the 700s is possible as crazy as it sounds. I wouldn't be buying now, there is a definite downtrend. I remember a trader once telling me there is good money to be made short gold now and then. That hasn't been true for a long time, which I think that is about to change. Not so...
  7. K

    has problems with this company Next Level Trading Capital, LLC

    Registrant: Next Level Trading Capital, LLC 36-60 Main Street, 2nd Fl., Flushing, NY 11354 US Domain name: NEXTLEVELTRADING.NET Administrative Contact: Wong, Jonathan info@nextleveltrading.net 36-60 Main Street, 2nd Fl., Flushing, NY 11354 US...
  8. K

    Another $155B for jobs, this is just outstanding work being done.

    Someone once said "You cannot create wealth by dividing it". What does Obama think? That he can be the 21st century version of Roosevelt? Roosevelt was dealing with much different scenarios and the capitalist world economy was much different then. Globalism was much less developed...
  9. K

    Ever had trouble getting your money out?

    Yes. It almost doesn't seem real but its real $$. The losses are real too. :)
  10. K

    The stock market is made to keep your wealth, not to build your wealth?

    Players dealing in the stock market all have only one goal in mind: make as much money as possible in the shortest amount of time possible at the expense of other participants. Its a relatively new notion dreamed up by economists that everybody should convert their retirement funds into...
  11. K

    Historical Data YM Futures

    Futures historical data can be expensive to buy. Check out DIA historical, basically the same effect as the YM.
  12. K

    Jim Rogers: My First Million

    Hard work will only get you so far if you are working for someone else. At a certain point you will be giving the excess value you create to your employer. Working smart is a step in the right direction. However if you are unwilling to do hard work at least for a period of your life your...
  13. K

    Dubai Debt May Exceed $80 Billion on Off-Balance Sheet Liability, UBS Says

    Excellent info ASusilovic thanks.
  14. K

    Dubai Bye Bye

    This is one for the history books. Dubai borrows tons of money using bonds. Dubai appears super rich and creditworthy due to bond financed development. Scheme eventually collapses when Dubai cannot float enough bonds to raise money to pay interest on outstanding debt. :confused:
  15. K

    Who is long Emini?

    I predict -500.
  16. K

    China State Construction nets $100m US subway deal in Manhattan

    Yea, its called a trade deficit. The tough thing is that a large part of the trade deficit is oil imports. In 2008, the US send away $440bn to foreigners to pay for oil imports. That made up 65% of the $673bn deficit in 2008. Cut off these imports and the economy will crash. The deficit is a...
  17. K

    dubai glich.. up 250 or down 250 on the open?

    Wrong, the new trade is this: Skip the dips and fade the rips. Or just get short and lookout below.
  18. K

    I predict Black Friday/Christmas is going to be a huge bust.

    When I go to my region's favorite shopping mall I would never guess that anything is wrong with the economy. Remember that there is still the same amount of money as there was before the recession. Actually, there is more, significantly more especially in less liquid forms. Its just changed...
  19. K

    Exotic forex options brokers?

    Well there's the sketchy betonmarkets.com Exotics aren't usually exchange traded except in Nadex's case.
  20. K

    If china does not allow the yuan to float? Aint that protectionism

    The Yuan may be undervalued, but it's undervaluation only suppresses labor costs. Chinese business still have to pay the same for raw materials as their counterparts in Europe and the US. So what does it matter if Chinese factory workers gets paid the equivalent of $.50 a day versus say...
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