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At the time when the tulip mania was building up in the housing market, Greenspan was giving green light to banks and citizens by aggressively cutting interest rate, instead of calming he continued to argue that there wasn't a bubble in housing market.

It's all about the relation between a trade size and your account size as a whole. If you're too nervous with 16 cars it does indicate that your current psychology is not yet to support this trade size comparing to your account size. At the moment you have built up your account bigger enough...

Try to Think Ahead. At the moment you usually decide to exit, ask yourself what will happen in the future, says in few minutes, hours or days. Of course, nobody can predict the outcome accurately but just to train our mind for being able to catch bit of sight.

When to stop, when to start. Funny questions ever as well as the guy who provided the answer. :D

Yes, yes…………………, No. How do you define crazy? If crazy is defined as someone who made a wrong bet and later admit it, then I guess we'll have lots of crazy guys.

Wine.

Be fearful when others are greedy, and be greedy when others are fearful. Let's assume that Buffet considers US economy as a whole as a single stock. You can test the above theory by taking one single stock at your preference and watch it carefully then apply the above rule. I bet you will...

In these below cases, Barack Obama won't bid for the White House and have to wait until he gets 70s to accumulate enough experiences in order to do as McCain is doing.

Don't know why you still want to stick with the obsolete tape. I'd like to remind you that we're in the Blu-ray era.

Alright, we got your message. So you want to assure ET that you won't commit suicide in this turbulent time. Great.

I bet Wall-Mart will get pressure to justify their decision. :D

Did he give any hint to solve this crisis?

Makes me laugh to blindly affirm something like that since we don't know yet how many people and what type of them who will read this thread. But if I make the following statement then I'm sure it's true. Note: Jim Rogers is smarter than me. :D

This sign is what they talked about the bottom.

Buffet continues to live in his same old house and to have same life style. So care about your own wealth instead of his.

They have adopted a conservative financial policy.

Damn, fucking oil again! Oil moved up hurt, moved down hurt. Interest rate cut by too much. The Conservative government seem to hide the truth about the underlying financial crisis in order to win this election first.

:D 28 companies gone, 2 stay for basic needs, MCDONALDS and AT&T for eating and for calling your relatives.

Instead of holding a losing position and hope it will come back, successful traders have this thinking "What's wrong if I sell it for a loss and then come back later".

Because irrational doesn't mean wrong.