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    Where are the future predictions coming from?

    Hey guys, Tonight I learned a little more about TA and I'm getting the hang of it (in back-testing). Now I just need time and practice. But I am digressing here. Here's what I'm wondering. You (and I) can use our TA skills to guess the general trend of a market...like...the S&P 500 for...
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    I can do it! (You got me)

    Big Dave, Thanks for the info and the constructive response. And especially thanks for the concern. FWIW, I'm only using "play money", and I am using ETFs with stops. Not actually margining the account, though I am using leverage. I got stopped out today, which is OK, considering that...
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    Could educating yourself be bad?

    I once read an article that talked about the concept that MBA schools create conformity of thought since they tend to teach the same kinds of stuff the same way. I was wondering how this applies to charting/technical analysis. I can see elements that may or may affect price action without...
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    I can do it! (You got me)

    Yeah baby! I sat on the sidelines for my system to tell me when I could make my move. The commodity I was watching (silver) floundered indecisively, giving me no signal, so I found another commodity that did follow my system (Energy). Bought an ETF this morning, which was the first time that...
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    I can do it! (You got me)

    Nah...I was tired as hell and didn't really have anyone to share with so I dialogued. Glad this stuff is anonymous. :p I was giving a resume to try to give an idea that I'm serious and not just joking around. And I did that to get some honest advice fo where to go from here. Until...
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    I can do it! (You got me)

    Thats good advice. Honestly, as an engineer, I'm better off than most. I've met some that you'd swear have Asberger. I affirm that I do understand that these aren't absolutes, and there are losses, they seem to be about 1/3 of the time. When I was back-testing, I saw that I made mistakes...
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    I can do it! (You got me)

    Who cares? I don't care whether I sound smart or not, I'm seeking info. Never met a smart person yet in my whole life who wasn't looking for answers. Hint: Thats how you get smart.
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    I can do it! (You got me)

    Its ironic that your handle is Bananaa. I have a saying about calculated risk. To me, I would never invest my money in a high risk venture like a banana farm. But I would run a banana farm myself, because then I could control the risk. FWIW, I don't really know if banana farming is high...
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    I can do it! (You got me)

    Geez, I'm so happy I'm giddy right now and there is a lot I need to know. Background: I'm a quant. Math Awards, Engineering Degree, MBA. I'm sure most of you are quants, so you know what I'm taking about...having an intuitive feel for ballparking stuff, going for months at a time without...
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    Anyone buying gold at 889 / 867??

    Yes, thats the one. Fun to watch!
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    Im going long Ultra SPY (SSO) as of today base price is 15.75

    Heh. Well, I probably deserve the Wimpy Up-Chuck Award, but I did pull the triger on SDS this morning and so far, my award came with a cash prize. Also bought DGP, which is a leveraged gold fund. Yeah, I'm betting on blood in the streets and fires, I guess. SM
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    What do you think?

    A bear trap for the S&P followed by more pain?
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    Anyone buying gold at 889 / 867??

    Boy, when I'm wrong, I'm wrong. After watching Bloomberg last night and hearing that this contagion is affecting the GDP's of some of the largest countries, I've changed my mind. I think that the fear factor will boost demand beyond levels that I was thinking prior. Yeah, Gold dipped and then...
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    Im going long Ultra SPY (SSO) as of today base price is 15.75

    Not so fast. After listening to Bloomberg tonight, I'm scared Sh#tless now. I'm truly thinking of buying the other way. Getting some "SDS". The only thing is that the futures market looks the other way, which gives me pause. But after hearing about how the GDPs in so many other countries...
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    Im going long Ultra SPY (SSO) as of today base price is 15.75

    Well, I've been flirting with the idea of buying SSO and wanted to buy in today, but I had to wait an extra day for a trade to settle. Lucky me as today was a major down day! But I'm buying into SSO tomorrow. Not a big position, but one of the small high risk ones. My thinking is I just...
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    Anyone buying gold at 889 / 867??

    I think gold will fall to about $860 because of supply & demand issues. (edit...within a couple weeks or so) India's not buying much and the mines are likely cranking out as much as they can. This estimate came from putting pencil to paper. But to answer your question, a lot of the rise...
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    Where can I get current info?

    Ok, I'm feeling this out, and I've figured out that I want to dabble in ETFs for gold. Are there any that offer more than 2x leverage? And if I was going to buy and sell them, can someone make a recommendation for who to go through so I don't get whacked on commissions? Thanks, SM
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    Where can I get current info?

    I'm trying to figure out when the futures prices are wrong. I figure they are a function of mine production, consumer/investor demand, consumer sentiment, industrial needs, and other indexes (indices?) which move in sympathy or counter to them. My problem is finding a good source for supply...
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    Where can I get current info?

    Hey all, My interest in economics and markets started when I was a pre-teen and began following the silver and gold markets. That was when the Hunt brothers cornered the silver market and those were fascinating times. These are fascinating times. My interests have now gone full circle...
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    My definition of stagflation (and a question)

    Ok, I've not run across a book outlining the causes of stagflation, but I think I've figured it out on my own: "Stagflation is caused when the cost for a necessary good or service inherent in the production or the supply chain (such as energy or transportation) is artificially elevated by an...
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