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You're right. My bad.

How do you explain this then? Look at SPXU: April 27, 2012 @9.02 rocketed by May, 18 2012 @56.79 How do you explain this jump? I suspect it's being moved by panic. All it takes is a few big institutions to take big positions, and the price sky rockets. How else do you explain this...

I can see that SQQQ and TQQQ go either up or down over the long term, and doesn't really spike up. I'm also looking at TNA/TZA and FAS/FAZ, these ETFs seem to spike up or down with volatility. For example, TZA was at ~$25.52 on June 18, 2010 and spiked up to $157.08 by July 16, 2010. Same...

Eastern Europe is a joke. It's so bloody corrupt down there. :mad:

Are there any free markets out there?

No, you can't. Apple's PE is only 13.64. Use the indexes.

I agree that the FED has inflated the stock market, but consumer based inflation is near 1%. You can't compare oil and gold. That's like comparing apples to oranges. Oil is actually an energy source. Gold was in a speculative bubble that popped at the end of 2012. Gold will continue to sink as...

D-Did you actually believe there was gold at fort knox?

whenever FED tightens their monetary policy 1. QE3 should end by early 2015 at the latest 2. fed funds should be hiked to 2% by early 2015 what we know about recent stock bubbles: nasdaq dot com bubble popped Q1 of 2000 subprime bubble popped Q3 2007 In both of these...

My ex gf started a hedge fund. Nobody would give her money for the longest time. She made 500k from 100k by trading options. With that said, in 2009 she put half mil of her own money in put options, betting it all on s&p to go lower. Well it did eventually, but not before she sold the options...

1414 PE ratio. I mean, come on. This should tell you all you need to know about the stock and the market. And the sad thing is this stock will go higher. During the next recession, which I suspect will be caused by FED's tightening of the monetary policy, well, this baby will crash to...

solar city stock has upside anything elon musk is associated with gives at least a 100% return this guy is like king midas

Not this year.

Might be better off pursuing a big4 firm job as an accountant; they will pay for your CPA, and you can move side ways into finance after a year or 2.

How many pages can this thread go before the equity bubble pops? :D

CC is a great start. You can rack up a good GPA and transfer to any 4 year school. Not to mention, it's so very cheap, and if you qualify for financial aid you will not have to pay a penny. I think it's looked down upon by foolish idiots that are delusional with reality. It's shameful that...

I want to believe in the turn around. But I'm sitting this one out.

It's going down longer term, but with a lot of volatility. Gold was at ~$800ish leading into the 2008 fear induced bubble. I look for it to get back to at least $950 before we get a run up again. I'm long DUST.

The bitcoin rally is like a biotech rally on steroids. All it takes is a trend of bad news for the price to crash. It's going to get regulated eventually, because it is too easy for money laundering. The only thing it has going for it, as of now, is it's decentralized. You have to look...

I didn't have any expectations going to see it. The film is the funniest that I've seen in a while. It has truths to it, but a lot is exaggerated, and that's what makes it so funny. It's nice to see a comical view of finance for once. The most realistic thing about the film is the addiction to...