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Well, it worked for me. I was losing on F 100% of the trades, so i reasoned that if I had sold each time I was deciding to buy, and bought back each time I normally would have taken a stop loss or bailed in panic/disgust, I'd MAKE money on each trade instead of losing. I managed to get a very...

Yeah, except they don't offer em at 10 cents on the dollar to me.

No, it does work. The problem is if you might learn what your mistakes are from it and then it doesn't work anymore.

SLV is weak, but I think its just a shake out and your 12.50 should be good support, but I think if it was going to get there, it needed to do it today. Bought 20,000 oz (via 2000 shares of SLV) today. Tomorrow is trade deficit, and that usually turns the dollar south. The month being...

I agree with your $700's call and reasoning. I just hope I can hang in there as they try to shake me out. Bought 1500 oz today. I really don't want to be in ANY paper currency anymore any more than I need to be. I think that's where the big risk lies anymore.

There is such a thing as deep value investing, and it does works. As far as buying, you have to be willing to buy the things NOBODY else wants, and time it so its just before they change their minds, that's all.

They are printing money and pumping it into the markets. It prevents the meltdown temporarily, but at some point people will see that if they just print it to make everyone feel good, that its value just declined. What is the record length of time for a Fiat currency to survive with at least...

With them printing paper currency at will and dropping it everywhere and the economy going into a nosedive anyway my guess is the next bubble will be dollar, euro, and yen alternatives. I think it will be gold. They can't print it.

I'd agree there. Trucking tonnage is down, yet dollars are up. Wal-Mart's growth category is Food. We are buying 6% more food from them than last year. I don't think we are eating more food, I just think the food just costs 6% more. That's "growth" for ya.

No surprise. I bought gold miner calls in the am before they announced it while everything was being creamed. You saw what the Japan and the ECB did overnight. You knew the market would end up down 400 or 500 points if the Fed did nothing, setting up monday for a 1987 repeat. What...

And a day later the Central Bank has to inject liquidity into the system 3 times just to keep the patient alive. It would have been 400 to 500 point down day and a 1987 repeat on Monday if they hadn't, IMO. Bush is so full of crap it just spills out his mouth, that's all. I wonder...

The current problem isn't that the rate is too high or too low, its that those who were/are expected to lend no longer have anywhere near as high an expectation that they are going to be repaid, plus interest. Sub-prime smelled bad from the get-go Hate to say it but Alt-A is the "Liar...

the real problem is you get taxed on the devaluation at every transaction.

I'm from the the days of "Data Processing" departments. There was no MIS yet, let alone IT. Back then they didn't have degrees in Comp Sci that I recall, either. I just liked creating systems and making them work. There isn't anything out there for me anymore. I don't even look at the...

That about sums it up too. Better to analyze and write code for myself than play their stupid game for chump change or knowing that I'm just doing it until they can outsource it to India or until they bring in an H1B for me to train to replace me. I believe I read it was 45% of all IT people...

You'd be AMAZED at how many YEARS you can drag out the paperwork on an H1b person, LOL. One guy that came in 1989 or 1990 didn't get a permanent visa till 1998 which meant there was no way he could leave the company (and therefore wasn't able to negotiate effectively for better pay) until he...

The downside is you might be buying the tops while the business has growth priced in and before shorts attack. Have you backtested your theory?

Maybe things have improved significantly in the last few years. I agree the $6.50 an hour folks are really lacking skills, but my point is that pay levels are basically around 75% of what they were pre 9/11 for 4 yr degree people. I don't think I could get $35/hr + benefits, and thats with a...

I won't argue with your numbers except that there just aren't many $15/hr jobs to get. That's why the 25,000 applicants for $10/hr jobs at Walmart near Chicago. There are many, many people in that $6 to $10/hr range just barely surviving, and those jobs typically don't come with benefits like...

Rent here starts at about $700/mo for a low cost 1 br apartment anywhere but in a slum. That is a huge percentage of income for someone making $10/hr.