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  1. M

    Cy Group, Los Angeles

    If someone ever gets burned by a prop firm this would be the place to vent. We all need to help police our industry and make sure the likes of HLV's Charles Vaccarro are well known. We know that the SEC is incapable of this. As for Cy Group, they are legit. Just my opinion.
  2. M

    Shanghai , Hang Seng stock exchange

    Any traders on this board actively trade these markets? I understand that Chinese regulators recently allowed short-selling on the Shanghai exchange. Curious to know how large the universe of symbols are in the Chinese mkt. Are symbols listed in English alphabet or Chinese characters? What...
  3. M

    Fear of equity wipeout by the government.

    \ Very accurate statement. Bear in mind that most voters under the age of 35 have never lived through a recession. Young Americans believe that prosperity is a brithright. The hard lessons of the Jimmy Carter years have not been embraced by the new generation. More scary is the notion by...
  4. M

    China said to want collateral for any new Teassury purchases

    I heard on the Rush Limbaugh show that China has no capital Gains tax on trading profits-even short term trades. Is this true?
  5. M

    Cy Group, Los Angeles

    I traded with them last year. Both Steve and Sung are very professional and I never encountered a bad attitude. Their business operation also seems sound and very organized. I recommend Cy Group. As for new traders blowing-up this is certainily not their problem. Cy Group gives you the tools...
  6. M

    Yesss!!! Hidden Pension Fiasco May Foment Another $1 Trillion Bailout by Taxpayers

    This thread illustrates why the Chinese want collateral for any new treasury puchases.
  7. M

    China said to want collateral for any new Teassury purchases

    I hope this will be the case. the USA is now an out-of-control spendahaulic with maxed-out credit cards glarore. If all countries that traditionaly buy treasuries say no more payday loans for you-Uncle SAm, then maybe we will be forced to live within our means.
  8. M

    China said to want collateral for any new Teassury purchases

    No suprise here! Would any sain people loan money to the USA? I say lets put San Francisco, CA. up as collateral for loans from China. Could you imagine seeing the Peoples Army establishing order at an exibishinist gay pride parade?
  9. M

    Velez Capital Management

    In my opinion stay away from any firm that charges a "training fee". Beleive me, there are honest firms out there that do not require a series 7 and do not charge a BS training fee.
  10. M

    Tradestation's Radarscreen review??

    I currently scan 800 symbols for both long and short opportunities. Paintbar studies are quite helpful. My stock pics for Firiday Feb 27: ABX +.96, ntes+.56, Jbht-.58, Amag+1.10, SPWRB+1.02, GDP-.19. Total points for day=2.87. Radarscreen is a good product. Months ago there used to be...
  11. M

    Swiss party wants to punish U.S. for UBS probe

    I agree with this. I think the USA has every right to levy taxes on US citizens and residents who RESIDE within the boaders of the US. Taxation of non US source income for US citizens not residing within the US is morally wrong. As a nation we have reached a point where the 13th amendment and...
  12. M

    If we were to go to war with China

    In 2007 the USA had a 14 trillion GDP. In spite of prevailing perception the USA is still the worlds largest manufacturer. What the USA needs to do win the economic war is to completely reform the defined benefit pension system and go to a defined contribution paradigm. The crushing weight of...
  13. M

    California… roadmap to Socialism in the USSA

    The real tragety behind the statistics is the fact so many fly under the radar and do not pay taxes. Beaucrats actually think by raising taxes revenue will increase. The underground economy is so large and untilized by illigal aliens and citizens alike. There is no way possible for the Gov. to...
  14. M

    If we were to go to war with China

    Good point. China has not been able thus far to leverage their large consumer base into economic independence. The USA is still the lagest economy on earth-at least for now. In this respect China NEEDS the USA.
  15. M

    If we were to go to war with China

    I can only hope that you are wrong in in this assesment. As a friend of Free China I hope Liberty prevails. Only the people of Taiwan can really determine the outcome of this. Whereas I support the peacfull reunification of Taiwan to China, I believe the collective will of the Taiwanese poeple...
  16. M

    If we were to go to war with China

    I agree. The consequenses would be catostrophic for both sides. In this respect Global Trade has benefited mankind. The USA and China are like two convicts handcuffed together. Each one cannot stand the other, but their mutual survival depends on each other.
  17. M

    If we were to go to war with China

    I'm not sure if there is a historical precedent for this scenaro.
  18. M

    If we were to go to war with China

    If china attacks Taiwan we could possibly be in a limited war with China to protect Tawain. Under this scenario everybody loses except Taiwan-they would probably keep their freedom and independence. No doubt there would be a world economic collapse that would eclipse the current one we are in...
  19. M

    California… roadmap to Socialism in the USSA

    Important to note that the voters of CA voted DOWN a constitutional admendment to cap state spending based on a formula of population growth and inflation. Had this reasonable cap been in place for the past 10 years the state would actually have a surplus. What has happened is a near doubling...
  20. M

    Obama to tell Canada: No more tar sands oil imports

    I cannot imagine the US doing away with 1.2 million barrels of oil per day. Any chance of an economic recovery would be stymed by the run-up in petrol prices. Surely Obamaniacs understand this. Perhaps they don't care? After all, Jimmy Carter clung to his failed energy policy untill his last...
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