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What do you care if the stock of this 100-share oustanding company you describe goes to $8.50 or $12.50? You would only care if you owned one of those shares. So if you bought at $10, and it went down to $8.50, why would you not buy more? It was a good enough deal at $10 to get you to buy, now...

You have a huge internal confliting ideologies. On the one hand, you wrote your thesis on efficient markets, on the other hand your belly is telling you that's not true. You are going to have one hell of a time being a successful trader until you resolve this conflict.

I think it's a good time to play the lottery - buy some way OTM puts & calls, a bottle of tequila, and put the chart on the big screen! w00t expiration Friday!

I don't understand your argument. You are saying that just because a type of transaction can not be done with all goods, they shouldn't be allowed on any goods? Yesterday I went long a tuna sandwich. Then I consumed it, and now no one else will ever have the opportunity to own that tuna...

One?

I thought the whole concept of a stock market was to create a central point for people to buy and sell stocks. :confused: Who are you to tell me how long my investment horizon should be? The gov't already incentivizes me to hold for more than a year with short term vs. long term cap gains...

Sub-second forex scalping is not beginner territory..

You are talking like an investor who has found a great deal, a stock selling at a discount. Back up the truck and buy buy buy! If you are right, the stock price will go up, the shorts were wrong and will have to cover causing price to go up even more.

They are nuclear and have the 4th largest standing army in the world. I just hope Lil' Kim doesn't wake up one morning and decide to "make" the world listen to him.

TGregg for Fed Chairman!

Interesting. Why do you say it's overvalued?

Why would teaching be a recession proof job? Any profession is subject to having more candidates than positions. Supply and demand. Get a job in the welfare office. When things get tough, welfare ranks swell and they need more people to give away my money..

No joke, I just tried this and got three suggestions: jim cramer is a fraud jim cramer is an idiot jim cramer is a douche

I thought it was a great film, not what I expected though. Every single pit trader in that film was a degenerate gambler. Go to your local poker room and talk to some of the people in there. Exactly the same breed. Hell, they even have the same arguments. Talk to old poker hounds, and they...

I'm the most libertarian person I know, and I would say yes in this very limited case. This is an action in restraint of free trade. These people pay a higher transaction cost for cashing a paycheck, cannot send or receive a wire transfer, and cannot safeguard thier liquid wealth. The direct...

I'm bullish metals also, so allow me to retort. ;) I have no problem with anybody naked shorting gold. I have not purchased all I plan to, so I would actually love it if the price is artificially kept low for as long as possible. Now if metal prices are in fact artifically low, and banks /...

Good for them. If I had a strat that had 1000 consecutive winning days, I would pull the plug pretty fast too as soon as the market started acting outside of my design parameters. Tomorrow has a 999:1 chance of being a winner, so preserve my capital and turn the switch back on in the morning...

Banning short sales? They must be in worse trouble than I thought.

There is risk in everything. If you fear the gov't taking your real estate, by taxation or eminent domain, by all means buy gold. Then you need to worry about your gold being stolen. Perhaps the thief will be the masked robber who ties you and your family up, perhaps the thief will be the gov't...

Yes, but I think we have some time. I do think inflation is coming, ~10% smells right. Not enough to kill an economy, but enough to help out those who locked in today's low interest rates. Real estate is coming back to right-priced. Fluctuations will always be with us, but if we do have...