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Why all these complex machinations to get bad loans off banks' books? Just auction off the damn buildings and get them back out there in the marketplace.

I have unfortunately developed quite a few systems that make 50% per month. If you define that as "It makes your equity into 50% of what it was a month ago"..

I'm learning a bunch by studying ES, then applying that knowlegde to other instruments. ES is the hardest thing you can trade because it's so damn noisy and unpredictable, so if you can make any sense of it, you really have something you can use elsewhere. Kinda like the old saying "the guy who...

It's been said before, this is EliteTrader not EliteInvestor. Check out The Motley Fool (www.fool.com) for sound advice on position and long term holds.

Is this a daytrading pissing match? Love it! GO GO GO

I have a strategy that uses a stoploss and profit target. It calls both longs and shorts, and sometimes these overlap. Example: Let's say I get a long signal at 100, my plan says price has a 50-50 chance of going to 80 or to 140; I either make 40 or lose 20, I like those odds, so I enter...

An interesting thing to remember is how Arnold got elected in the first place. I lived in Cali at the time. Grey Davis had decided not to sign an extension to a temporary lowering of vehicle registrations. It is important to note this was a temporary measure put in place because we were...

Yeah, we know. We were being smart asses. Like nitro said, start looking at time decay and ITM / OTM and see if you can game the system to providing just the combo of discount that you are looking for. Care to share what angle are you looking at?

Here's how this plays out, my guess. Census jobs are quoted in the "job creation" numbers. But because they are temp jobs from the outset, when those people are laid off because the census is over then those people don't get counted in increased unemployment numbers because the jobs were...

My universe of people that I know their finances is very small, but I don't know or have heard of anyone using stocks as income. Bonds yes (esp. muni's for their tax advantage), but stocks no.

And sometimes the market can go upside down, inside out, backwards, reverse, or any other direction than you could possibly imagine. To arb, you'd better be extremely well capitalized and have in-depth knowledge of your underlyings. Being a newbie myself, I would have said you're crazy if...

A little off topic, but I've just started looking at currency futures from a technical standpoint, and wow they retest highs and lows to a pip a lot. You don't see that in stocks or indexes, there's always a range of a few ticks that you have to watch for. But currency comes back to the pip...

Neat tool you have, looks like a fun thing to work on. I can tell exactly where you are in the software dev phase, lol I do the same thing. Get an idea of what you want, and jump in and start coding! Seriously, I do same thing all the time. It's a fun way to code, especially if you don't have...

This isn't even a whispy fart in how long the PPT can bully the bears. Any armchair chart watcher knows that a good rally often comes in three waves. First wave was March to June, second wave was July to Jan, third wave will be Feb through mid term elections in November. Then the Democrats...

Battleship, patrol boat, aircraft carrier.. One country's military sinking any vessel in the open sea operated by the military of another country is an act of war. Is this how WW3 starts? Is the Cheonan our generation's Lusitania? Could be, them Koreans is crazy.

Interesting about the Florida homestead loophole. The only question I have is, do you have to live there? That would be the dealbreaker. I hate Florida.

Confirmed. I have done it. Didn't make any money by doing it, but NT definitely can. C# is a great toy language for getting stuff done. If you're not familiar with it, as long as you know how to code in any C++ type language, you will pick it up quick. NTScript is just C# with a bunch of...

An interesting question. Why does it matter? Just curious?

Why don't they just hire everyone in the country for an hour each to be their own census taker? Send in your census, get a check. Then Obama could say "we created 300 million new jobs this month!" At least the handout would be for actually doing something, unlike stimulus checks and...

But your ownership stake in the company can be liquidated and attached. No different from buying Amazon stock; if you have a judgement, they sell the stock and transfer the money to the plantiff.