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  1. M

    Friday: Bang! Zoom! To the moon Alice.

    Damn, I was thinking of taking the day off... Now I have to see what happens.:mad:
  2. M

    Self-Perception

    Hehe, I remember that cartoon. The newsletter is free and often times the stuff they write is worth about as much as it costs, but there are some gems. Anyway, it gives me something to think about in the mornings - like cheesy life lessons with Tony Robbins or something. I can't...
  3. M

    Self-Perception

    I use irony as an easy out. Some things sound trivial when taken with a shot of perspective. A "contemporary support system"? Aren't we all a part of this system? This sounds like a diatribe but I could be reading it this way because I am wholly ignorant to people's motives and desires...
  4. M

    Middle class revolt

    Isn't chrysler moving some of thier plants to Canada to save on the 6k/employee US health care costs? Outsourcing IMO is introducing global competition. Competition is a good thing IMO. Survival of the fittest is a form of competition. This is the only thought I am trying to get across. I...
  5. M

    Middle class revolt

    Why are these schools ranked at the very top in terms of engineering/science in both Graduate and Undergraduate curriculums? I am beginning to think that you are ignoring common sense here. There is a reason that a higher percentage of graduates from those schools land jobs than those from...
  6. M

    Middle class revolt

    I didn't intend for this discussion to go into a "brand-name" education comparison. Be that as it may, I do not care if you have a CS degree from a community college or from MIT. I'll admit that MIT, CalTech, IIT all stand out because I know what I takes to get there and suceed. These are some...
  7. M

    Middle class revolt

    I never called anyone anywhere incompetent. If you read what wrote carefully I said that the creative problem solving skills simply did not exist - that is not a blanket statement IMO and I by no means intend to discredit anyone. This can be attributed to communication barriers and contractual...
  8. M

    Middle class revolt

    Forgive me if I don't communicate this the right way, I do not intend to sound offensive even though I know some of my opinions are such. My view is that certain areas of the workforce, especially those consisting of what we are calling the middle class, are failing to adapt. This is natural...
  9. M

    Switching from papertrading to real money

    Firstly, You are asking a reduandant question. You understand the cyclical nature of markets yet you fail to see that what works one day may not work the next. Time is irrelevant in any systems' effectiveness. Macro/micro events may in fact be cyclical yet market reactions to such events are...
  10. M

    Middle class revolt

    To the poster who talked about emigrating to Australia - I believe they are actually giving away visa's to eduacted people at the moment and calling it a "educated workforce migration" or something similar. I bring this up because I have a few friends in Oz and I got to spend some time with...
  11. M

    What does Price Action Mean to you?

    I don't agree with that statement. Volume and price IMO are complimentary - they drive each other. I will say that while there are lesser "quantifiable" measures/setups of pure volume, there do exist make-it-or-break-it price points where volume is the contingent factor. As far as what price...
  12. M

    Self-Perception

    This is a blurb taken from a morning newsletter I subscribe to: "Awareness is the key to high performance. Top performers are thoughtful, and completely aware of what it takes to perform skillfully. Dr. David Dunning, a psychology professor at Cornell University, argues that poor performers...
  13. M

    Fed rate poll

    I agree with this. Doesn't matter what Greenspan decides to do, the reaction will aim to take out all those betting on a rally. The poll here already shows the imbalance and as we all know, there are more losers than winners.
  14. M

    Long Oil at Open

    NYMEX crude popped pretty well but a key resistance level is approaching - the price run up was fear induced IMO and I cannot convince my self that it is sustainable... I'm actually seeing a possible head'n'shoulders formation on the daily.
  15. M

    Tell me how much you enjoy Trading

    Very similar to what I do. On Pacific time so I wake up at 6am and relax unitl 7:30am just watching and taking mental notes. I'll take a few very selective trades throughout the rest of the day, put in stops and see how things develop. No stress or excitement, just interesting to watch how...
  16. M

    Living on a boat and avoiding taxes

    I'm not advising anyone do anything mis-leading. There are limits to what you can and cannot get away with. If you self-manage rental properties then you file your own W-9.
  17. M

    Living on a boat and avoiding taxes

    You are right, but legal loopholes usually get shut down if enough people exploit them. I was making a comparison between two types of depreciating assets: boats and homes. Not sure if boat loans qualify as tax deductible (I paid cash for mine). From my experience, having a high tax...
  18. M

    Living on a boat and avoiding taxes

    Not sure if anyone has mentioned this but here are some ideas that may be useful: 1. Boats are damn espensive to maintain. 2. You need more deductions. Start financing debt - specifically real estate of any kind. 3. Interest is deductible and your equity will grow. 4. You don't have...
  19. M

    How many cents can I expect to take out of the market?

    Here's a good "academic exercise". One of my best day trades of the year. :p
  20. M

    The treacherous path to $200k a year

    I think this link might shed some light onto Coolweb's self-esteem/inferiority issues: http://www.sizesurvey.com/result.html :D ... I couldn't resist.
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