Mark to market is positive feed back. It makes things look overly good during rising prices and overly bad during bad.
While this may be acceptable with liquid markets it is not realistic with illiquid markets.
The real problem is the excessive margin taken on illiquid positions. How many of...
It's all the American peoples fault. They just don't save enough.Bull crap. The American people were all savers until enough of them realized that the American Govt was ripping them off by inflating their dollars ( and taxing their gains) so that the dollars when spent bought less than they...
Correct. A hunch can be an intuitive possible trade. As soon as you look for them they are no longer hunches but rather they are ideas added to your logic control WHERE THEY DO NOT BELONG!
Thank God! We can all sleep safely tonight.We have been saved in spite of all our ill advised messages to congress.Our represtatives know what is best for us. After all we elected them to do what was best for us. Didn't we?
First it gives me a warm feeling of confidence to know the likes of Nancy is only two heart beats away from the Presidency. Now to the topic at hand. The blame game.
When an arsonist is caught in the act with a bottle of gasoline (Illegal in most states)
in one hand and a pack of matches in...
Inter galactic agreement. Only use local weaponry. Helps to keep locals uninformed of our presence.
You have to admit we're doing a pretty good job of it. Don't you love it when you can end a sentence with a preposition?
Don't know about you but when I walk into a casino and see a craps table where the table is full to over flowing and whooping and hollering I want in. If the tables are desultory. I want no part of them. Hot tables are like an up stock. I don't give a damn whether it's random or not. It's going...
Insurance is only viable when only a few have claims. The premiums pay organization costs, some are held in ready reserve , and the rest invested in ways seldom readily accessible.
FLYTIGER
Satire man. No I haven't experienced a bank holiday. I,m just 82. I was too young to really remember the last one. Have you experienced one?
I do think that the present bail out proposal doesn't pass the stink test.
We're screwed this time ,but I can fix it so it can't happen again.
No long purchase without a down tick.
No short sale without an up tick.
There. that aught to do it. Simple solutions. You gotta love 'em.
Let's see.....
Lose a little every day on your deals.
Take out your fees.
Pay out millions to the people in charge.
Over pay the deal finders.
Make it all up on huge volume.
Discover you still lost your ass.
Then pass it off to the people you took advantage of in the first place...