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[/B] Actually, I am curious as to why you said 700. That was a good call. But was it just a guess, or was it based on clearly articulated, back-tested principles? I will give you the reasons why I said hold til 735. On my journal l readily admit that I took a small loss and that I...

Perhaps, but Obama will get the credit, as did Reagan did in the early 80's.

Yes, down 2%. Obviously, it is time to end it all.:p

35-40 not likely today. Wow--two consecutive days without touching the daily pivot point in the same direction. A butcher could count the number of times that has happened in the last year on his non-cleaver hand and still have leftover fingers. Out of 712 for a small loss.

Defazio has been fighting for this for a long time. Opportunistic, he is simply using the TARP disaster as an excuse to push it again.

Longs taken here or lower overnight should be held until 35-40 Monday.

It is highly probable that next Friday's close will be significantly higher than this past Friday's close. The close of each of the last two days was very close to the bottom of the day's range. Historically, this is significant, and is especially so after a prolonged decline. I am not...

On the contrary, elite traders do not worry that much about taxes, because they are confident they can always make more by increasing position size. Moreover, they are so grateful to be in such a wonderful business that they have healthy charitable contributions to help offset any taxes.

The top rate was even higher during the boom decades after WW2. Not that I would welcome high rates again... I remember well the articles from Steve Forbes and others that predicted gloom and doom after the Clinton tax hike. Many bet heavily against the stock market, shorting financials and...

Jindal is most obviously a bullshit artist. It is laughable to hear the governor of LOUISIANA be critical about the stimulus bill, considering that the Federal government has dumped well over $100 billion in the state since Hurricane Katrina. If Louisiana had been so self-sufficient, as...

Yes, the bigots have discredited this site. After being on here for years--as a real trader, not a paper trader pretender or vendor--I am just about through with this site. There are other sites where there are real traders.

Some of us traders still might. :p

TGregg, Your childish name-calling is not appropriate behavior (libtard? Stimulass?!) for a moderator. Since posters are not allowed to put moderators on ignore, I ask that you tone down the rhetoric. Thank you.

And "Democrap" reflects logic and is not a catch phrase? LOL.

1. S1 (just about) to R1 today (just about) 2. Retrace of move from 820 to 740 area stopped right at 50% retrace.

Are you going to answer the question? Until you do, I'll ignore the red herring. :)

Those who support abolishing the estate tax, please answer me this: Why should the government have the right to tax that for which I have worked and not that which someone has received and not earned at all? In short, why are federal income and payroll taxes MORE JUSTIFIABLE than estate...

Can you offer any REASONABLE ARGUMENTS (with evidence, cogent reasoning)? Clearly you are good at name calling, but that appears to be all. Please, prove me wrong. And that comment of mine was not addressed at you, anyway. The person who wrote it stated that he was a tax cheat and implied...

Seconded.