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    Watch Bernanke Panke get Humiliated and Emasculated:

    <object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/A4kxTkhwR_Q&rel=1"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/A4kxTkhwR_Q&rel=1" type="application/x-shockwave-flash" wmode="transparent" width="425"...
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    $52k gone from my IB account. What next, sue IB?

    Thanks for sharing your story and letting us know that its not an isolated insident. I would appreciate it if IB offers an explanation as to how something like this can happen.
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    this board is just for amusement

    Absolutely this is one of the best comedy sites on the internet if you're looking for comedy. Lots of newbies here act like veterans and start phishing for answers from real veterans, that's the game being played. But every once in a while goldmine material gets posted but...
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    Victims of Hubris

    Since two guys at my prop firm blew up this week, I just wanted to add two other more famous guys to this thread: Nassim Taleb Richard Dennis (Market Wizard)
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    $52k gone from my IB account. What next, sue IB?

    QuantPlus - very insightful and helpful posts on this thread.
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    Can I Get A TurnAround?

    Big ups to stoney once again, nice call. How do you see this market going forward though? What is going to be the catalyst to move it to new highs other than just the trend, momentum, and short covering - as if anything else is needed. Market seems undeterred by the deterioration in...
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    Its Time to Legalize Insider Trading

    Insider trading is the only true edge in trading - and its a multi-trillion dollar a year edge. And that's why its illegal, God forbid the trillions made in the markets each year ever trickles down to the average person. No it can't be that way, gotta reserve the big money for guys that...
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    Its Time to Legalize Insider Trading

    Information wants to be free and will always become free one way or another. The entire way the current system of insider trading illegality is set up favors only the super-rich and super politically connected that are beyond the reach of the SEC. For example - lets say you are the CEO of...
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    Be wary of "taking profits" - Buffett left 40+ Billion on the table in PTR!!!!!!

    Anyway - I don't expect ET gambler mofos to understand this thread. Enjoy your 2 tick profits - bye.
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    Be wary of "taking profits" - Buffett left 40+ Billion on the table in PTR!!!!!!

    That's exactly how you go broke. Yeah if a stock is up huge base on momentum alone, or rumor alone than you sell it. But if the company is growing fast and is back by rock solid fundementals like AAPL/GOOG/PTR/MSFT( in the 80s and 90s) then you do go broke taking profits because you missed...
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    Be wary of "taking profits" - Buffett left 40+ Billion on the table in PTR!!!!!!

    Who know's where PTR will be in 10 years - it may easily overtake Exxon withing 10 years. It has some amazing statistics: http://finance.yahoo.com/q/ks?s=PTR W.B. will go to his grave regreting this trade. Just imagine if Bill Gates had cashed out at 3.5 billion. Or the Google founders.
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    Be wary of "taking profits" - Buffett left 40+ Billion on the table in PTR!!!!!!

    Here is the link: http://www.marketwatch.com/news/story/buffett-bailout-big-meeting/story.aspx?guid=%7B3E08BEC4%2D5764%2D4439%2D8EFA%2D05F477378C75%7D http://www.dealbreaker.com/index.php?page=2 Dealbreaker reports that Buffett had an 11% stake in PTR. The market value of PTR today is...
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    How Dumb are T-Bond Investors?

    So basically the SMART MONEY doesn't lend at 4-5% - they BORROW at 4-5%. Then the LEVERAGE it on assets that are growing faster that 4-5%. US T-Bond investors are probably the DUMBEST MONEY out there. I exclude the Arabs, Chinese, and Japanese from this statement because they are getting...
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    How Dumb are T-Bond Investors?

    great article
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    Ron Paul - November 5th.

    The goal is not to get elected. And the fact that no one in the mainstream media will mention his name is THE BIGGEST COMPLIMENT THEY CAN GIVE HIM BECAUSE THOSE PEONS DON'T KNOW SHIT. The goal is to start a revolution for small government, fiscal responsibility, and social liberty.
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    Ron Paul - November 5th.

    I never gave money to any politician but I definately will to this guy. It think most of the guys on ET ought to give to this guy as well considering how much support he has on this site. How many times have you done something totally stupid in trading and lost thousands of dollars? Well how...
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    Ron Paul - November 5th.

    "remember remember the fifth of november" one of the greatest movies no one ever heard of: http://vforvendetta.warnerbros.com/
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    How Dumb are T-Bond Investors?

    The bottom line is that you are a complete idiot for 'investing' in an asset with a negative net yield. You're better off spending that money or trading it with leverage to earn a much higher return (assuming you know how to trade). Its no surprise hedge funds, the derivatives, LBOs, etc...
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    How Dumb are T-Bond Investors?

    I'm not one of those people that believe that real world inflation is 10%. But even if real world inflation is 'only' 3% and the CPI states that it is 2% then that means CPI is understating inflation by 33%. And remember a lot depends on this number including: rent increases, social security...
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    American looking to move to remote Canadian wilderness

    fatrat - I don't think you should try to mess with the elements. If the winters are really as bad as people mention and you can't even get your car started then its a really bad idea unless you just want to hang out there for the summers. Why not just move to Toronto or any other decent city...
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