Article here:
http://www.washingtonpost.com/wp-dyn/content/article/2010/11/03/AR2010110307372.html
Yes, basically he wants to make us traders rich and then to go out and spend the money.
Either it's going to smash up or it's going to collapse. Odds favour a breakout to the upside, however I'm positioned short on various markets, v good risk /reward.
If it does break higher, than I'll be stopped out and will reverse.
Why would you want to wage war against your own citizens by raising their cost of living?
China has done the US (and elsewhere) a great favour by exporting cheap goods and contributing to lower costs of living for people in other countries at the expense of compromising living standards for...
I'm almost ROFL at how you American guys let these morons destroy your wealth, increase your cost of living, increase unemployment etc.
But then I remember I have similar morons running the central bank here in the UK who are doing the same.
/sighs
What was the level though of the SP when the value of a point was $500? Surely it was a lot less meaning you were trading a notional value less than 10 minis today?
Just wanted to say that I am currently a position trader (holding period days to weeks), but I want to day trade as well. The intraday moves in some of the instruments can be enormous and I can no longer ignore the profit potential which is inherent in these.
I've been reading this thread...
V true.
In case you guys haven't heard (there might be some sort of censorship in the US about this):
http://www.telegraph.co.uk/news/worldnews/middleeast/iraq/8082605/Wikileaks-Civilians-gunned-down-at-checkpoints.html
:eek:
Right, so life expectancy at birth. That would mean that if you are say, 30 years old, your life expectancy would be more than 78 years old. In fact, the more older you become, the more the life expectancy increases.