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  1. M

    Anyone tested Classic TA patterns?

    Personally I would rather stay out once my trades stopped working. One point I did not make is that I view chart patterns more as a defined risk:reward/clean entry into a trend/pending trend rather than something to be traded in their own right - in my view in anything other than a bull...
  2. M

    Buy and Hold SP500 Not A Good Idea Afterall....

    Buy and hold as a mantra seemed to come in with lower commissions and thus the switch to asset under management fees rather than commissions. Teaching the consumer to buy and hold was likely a brokerage industry strategy to improve their (THEIR)bottom line as it allowed for reduction in number...
  3. M

    Will general population give up stocks ?

    In emerging markets nobody thinks of the stock market as a safe place for retiremenet funds - that is what property is for. A mutual fund is defined as something that loses all your money.
  4. M

    Switzerland-bankrupt!

    Seems like planet ET is the only place where people are making money.
  5. M

    Governments Worldwide Will Become More Socialistic

    I also think this is very sad, people who have worked all their lives have lost much of that from going along with the policies of people like Greenspan and Gordon Brown. It is only natural that they will turn to any Government that offers to extend help to them. I was merely commenting on...
  6. M

    Governments Worldwide Will Become More Socialistic

    Many people don't have a pension now - nobody is going to get elected sayong if you lost your retirement you will just have to live in the street. Promising benefits is what will win elections now.
  7. M

    Japan, Britain and Switzerland All In Deep Trouble

    Is Switzerland classed as an emerging market now? :D I must say I am surprised, last time I was there the trains were clean and ran on time and the taxi drivers knew where your stated destination was and had change. It felt a bit like Germany except the people smiled even less.
  8. M

    Bernie Madoff...Why he did what he did

    Surely it must be obvious that this man is NOT going to jail.
  9. M

    Bernie Madoff...Why he did what he did

    Fraud almost invariably starts when somebody has a large problem eg large unpaid bill or gambling debt and in their mind temporarily borrows from their employer/company with an initial view of covering it at a later date - but many do not.
  10. M

    UBS Will Fail Soon

    Senators and Congressmen have to have somewhere to put their money.
  11. M

    Anyone tested Classic TA patterns?

    Yes, very true.
  12. M

    Anyone tested Classic TA patterns?

    Andrew Lo at MIT (paper on website) and Thomas Bulkowski in his books and on web site http://thepatternsite.com/patternz.html IMHO to really trade patterns you have to understnd what is giing on when a pattern forms - by knowing this and reading the price action you can also recognise price...
  13. M

    What is the best feed?

    Are you a big advertiser with them? What we really need is opinions from actual users and EX users like me, rather than the opinion of a publsisher who may just have a reason to be biased.
  14. M

    T. Boone Pickens blows up!!! Portfolio shattered, fund closed...

    No market for old men...............
  15. M

    UBS Will Fail Soon

    Considering the % of Swiss GDP UBS represents it might be more accurate to say that Switzerland will fail soon.
  16. M

    Credit Cards: a Huge Bubble in the US Credit Market(Short COF)

    Personally I would be wary of shorting thse as they are Government interferference candidates. Was short COF, AXP and DFS when Bernanke wet his pants and applied free market 75BP cuts, then TARP etc, same with oil, was short oil and then Bernanke bailed out GS and MS the two largest players...
  17. M

    Staying Healthy

    That is my point, they were trying to [call it cocoa butter on the ingredients].
  18. M

    Staying Healthy

    I never buy US processed food as the chances that the financial , pharmaceutical industries et al got whatever they wanted from the 'help yerselves boys' administration just gone, but the food inustry didn't is unlikely. Right or wrong I assume that the FDA represents the consumer in the same...
  19. M

    AVERAGING down/up = success?

    Good point that I ommitted to mention - I only average down on price action that would cause me to buy the stock if I was not already in it.
  20. M

    AVERAGING down/up = success?

    Most people average if they have a small i.e. 10-20% loss. It works 4out of 5 times in a bull market and then takes away all your gains, once it turns to a bear market it takes away your account. I only do it in stocks which are below a LT low (not average, low) and only in cases where my...
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