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    India doubles billionaires

    "Next time I watch small indian children with flies on their noses begging for my money on TV, I'll keep in mind how wealthy the average indian is." thats exactly what I'd expect from someone watching CNN or otehr gibberish and not making their own mind. In india the difference between the...
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    India doubles billionaires

    Debt to GDP ratio for India is about 13% Same for US and most western countries is over 80% now--we are living on borrowed money. Besides Indians hold the greatest Gold hoardes outside of banks-think about that for a second --over 10000 tonnes of it. Thats 10000000 Kg, roughly 330000000...
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    1/4% Tax on all stock trades pushed in NY Times today

    Also be very careful of reps trying to include this tax in other bills that they try to pass, politicians are real scum that way (remember Harry Reid getting caught trying to pass the bonus for AIG honchos) Also please dont confuse the boards with calculations---seems politically motivated...
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    1/4% Tax on all stock trades pushed in NY Times today

    "no the tax is not a good idea " there , copy and paste that if you are too lazy to post anything else :D :D :D
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    1/4% Tax on all stock trades pushed in NY Times today

    "Quote from rsikit: That number has been floated out there as well not from the US side though. 500ths percent is basically 5 bucks on every 100k of money." 5/100 of 1 % on 100k is $50 bucks one way not $5 --so basically now you are 10 times your original $5 argument :D :D :D:cool:
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    What is the time decay rate of 2X, 3X ETF ?

    There is no time decay on the 2X ETFs such as QID QLD SSO etc but if you are trying to hold FAS FAZ over that period goodluck. Last year on QID SKF etc they had one time payout that why if you look at charts of longer frame the QID vs QLD dont correspond.
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    A not too expensive TA software please

    freestockcharts.com check it out
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    C will not trade more than 5% higher from today's 3.63

    I am not berating you for making the call, man. But why that logic? I dont see anything on charts and personally I think BAC and C WILL BE casualties during the second "eventual" leg down--the real depression cause congress wont have money to spend and people will be up in arms against a...
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    C will not trade more than 5% higher from today's 3.63

    HOD today 3.87 3.87-3.63=almost8%:D
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    When GM declares bankruptcy markets should drop correct?

    "the way the market has been reacting to news these days, you could even expect a post GM bankruptcy rally" Now that is behind us lets rally another 10%:D
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    Trader P/L 2009

    Blotter doesnt include GS short from 144.50 still holding it overnight
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    Trader P/L 2009

    bad day
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    How do you use your iphone to keep track of the market?

    I use both bloomberg and the stock quotes software app on iphone--but for real time you can just bookmark yahoo finance and see the live quotes if something catches your eye
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    traders who have second jobs, what is it?

    "Work should never be seen as a sign of failure, on the contrary it's the hallmark of success." Well put Yepso. Only when you find something you like that you realize how much fun work can be -- I ve worked some shitty jobs where I d just be waiting for day to be over and now I work pretty...
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    Trader P/L 2009

    Pretty much the week--holding some SPY short and POT short--see how it works out on monday--have a good weekend all
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    Trader P/L 2009

    Today $191 yesterday (120) monday +36 typical options expiration week for me nothing special so wont bother with blotter
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    traders who have second jobs, what is it?

    Here is my story Started 3 years ago - invested before that but never made any significant amount before even in the roaring 90's I begged and borrowed 30k to start prepared by studying books reading blogs but didn't really have a strategy-can you say confused and dazed? One good thing...
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    Trader P/L 2009

    Only traded first hour made+ 145 made up what I lost yesterday- discipline is my key to success still I don't have discipline to have discipine
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    Trader P/L 2009

    (159) was positive for most of day until evil gnome took over sorry no blotter
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    Trader P/L 2009

    Took losses early didnt let winners ride--lots of stops within 2c still a decent day--no need to smack myself on head today
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