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  1. K

    people who trade futures are extremely dumb...

    It is possible to make huge money trading futures, but the type of people that trade futures are never satisfied. Most will trade until all their gains are gone and some equity. A wise futures trader is perhaps the man that closes his large account with a 70% return, buys real things with the...
  2. K

    Groupon rejects Google's $6b offer

    For the CEO I really don't think its about the money, sellout or not he never has to work another day. That said, if I was a VC investor in this thing I would be pissed.
  3. K

    $7.5B AUM Hedge Fund FrontPoint Hit by $3 Billion in Redemptions

    There isnt any incentive for hedge-fund investors NOT to invest with managers who are engaged in insider trading. Unless they are disgourged of their ill gotten gains and then some, some hedge fund investors will always look for the fund with performance too good to be legal and then claim...
  4. K

    How safe are your stocks you "own"? REALLY!!!!!

    Supposedly smart "clients" tell their brokers to hold stocks in their name, not in street name. Therefore they can't be pledged as collateral, borrowed or otherwise encumbered. Still, in my opinion it's not a question of whom has legal title, but broadly a question of the risk of holding...
  5. K

    GM: Largest IPO or Largest Scam?

    Nothing would make me happier than to see it plunge big right off the gate. Why does everybody think a 10% pop is a foregone conclusion?
  6. K

    Exchange margin requirement manipulation

    It increases risk because margin increases can cause the market to react violently and unpredictably. On November 10th silver sold off 6%+ which was attributed to an announcement of increased margin requirements the prior day...
  7. K

    Exchange margin requirement manipulation

    Thanks for posting. I can't imagine having the margin changed a couple times a day on me! The thing about margin hikes is that they DECREASE risk for the exchange/broker/clearinghouse, while INCREASING risk to the trader. I also can't imagine how the risk changes meaningfully enough thoughout...
  8. K

    Exchange margin requirement manipulation

    As if there aren't enough risks trading futures, a seldom discussed one is a change in margin requirements. Such moves can precipitate massive sell-offs, as it did in sugar causing the largest drop in 22 years. No amount of fundamental or technical analysis can do anything to predict these moves...
  9. K

    Nevis traders

    Just keep in mind nevis is a country that has 10x as many registered businesses as residents.
  10. K

    Evil Record Labels Awarded $62K per Song From Mom

    Perhaps but one can go to jail for selling hardware to designed to pirate Satellite TV.
  11. K

    China Says Fed Must Explain Bond-Buying or Endanger Recovery

    I think the idea behind the bond-buying is that the only slightly acceptable way to manipulate the bond market. The FED might be out there buying corporate bonds if it could, but buying treasuries has the same effect by proxy. Buying 600BN in treasuries won't help the economy, but hey it was...
  12. K

    REAL unemployment over 22%!

    I love how the jobless claims are huge every month, yet the highly watched unemployment rate holds steady.
  13. K

    That’s a hole that no fleet of Fed helicopters can fill...

    It wouldn't surprise me if the big winners out of this mess are the delinquent homeowners. Since the foreclosure process is compleatly broken no exaggeration, many will get to stay in their homes for free. Give it a few years and they get clear title by virture of adverse poession. Perfect. :)
  14. K

    Natural gas - where is the bottom

    I used to worry about peak oil and peak natty, but now I think that the shale plays will save our asses for a good while. Oil production could very easily peak in 2015 or so, but natrual gas will remain abundant for atleast 35 more years. Nat gas and coal will power the future.
  15. K

    Why do billionaires want to make more money?

    Un huh. You can never have more money than you can spend. Stop hyping your life, it can't be all that great as I heard no mention of a broad. &Did you get to old to skii or what? You're not a true skiier unless you've gone heli skiing in argentina in what is the summer in the northern...
  16. K

    Government Payroll Economy

    We need to go back to the "old economy". Can you believe that my elderly aunt told me that people in America used to be very proud of the self suffeciency of the economy. She remembers when people used to say of America: "We can take care of ourselves". Now about all we can say is we need China...
  17. K

    Giving up on day trading?

    If you don't suceed at daytrading, I suggest you take the lessons learned and apply them elsewhere. The principal of "cutting your losses" does not just apply to trading, but life as well. On ET the mentaility is if you can't make money short term trading then you fail at life. Nothing could...
  18. K

    Forced retirement account bill now in the Senate.

    I agree interest rates will stay on the floor for a long time, but never say never. When the baby boomers start retiring en masse (a decade + away) and drawingdown their savings, interest rates should rise a bit. Otherwise the US is in for a Japanese experience with ultra low interest rates...
  19. K

    Big open interest in corn

    Anybody got an opinion on this? Open interest in the active month is 783K contracts. Seems well above the historical normal. Trying to figure if higher demand for the contract is bullish or bearish. I'm thinking its farmer's locking in these higher prices right before harvest & speculators...
  20. K

    Is an MBA worth it?

    One needs to do something for bread, and something else to satisfy the human spirit. That said, many MBA's make alot when the economy is good. When things go south, they may have trouble finding work and find their degree less useful. Lets be honest; folks with just MBA's right now are...
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