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also Henry Paulson and Ben Beranke might want to get nice jobs when they leave government. Wall Street is a great place for these guys to get a good job. I remember reading (http://www.bloomberg.com/apps/news?pid=20601100&sid=aPyyhqM5FLgA&refer=germany )that Alan Greenspan is employed by...

You might also consider what can happen if the bailout plan does not work. If we could predict the future reliably then we would not be in this mess.

I worry about my brokers and banks. My brokers seem OK. One of my banks might be in trouble, the stock price is about $ 3 / share, down from about $ 35 / share. I'm moving money to a better bank, keeping just a minimum in the troubled bank.

Pakistani and American Troops Exchange Fire New York Times - 58 minutes ago By ERIC SCHMITT WASHINGTON - Pakistani and American ground troops exchanged fire along the border with Afghanistan on Thursday after the Pakistanis shot at two American helicopters, ratcheting up tensions as the United...

Today was a low volatility day for the Standard and Poors 500 index. I do not expect a trend following system to show a profit on a day such as today. I enjoy reading this journal, Chuck. Thanks.

I agree with Daal. Goldman Sachs is a bank now. It is protected by the FED. Berkshire gets preferred stock that pays 10 % dividend. Berkshire also gets warrants to purchase $5 billion of common stock with a strike price of $115 per share, exercisable at any time in five years. I calculate the...

Newtothis, how do you select stocks in the group? What guidelines or criteria do you use? Do you also use the group price behavior as a sell signal? Please continue to post examples. Thanks.

Yeah I was there. Brokers did not answer their phones. Nobody seemed to care about the quality of companies, they just wanted to sell. My account equity was greatly reduced during the crash but I bought stocks as a contrary trade. Everybody at work laughed at me and it was very embarrassing. I...

Readers might examine some of the charts of stocks appearing on the new high list. I notice some stocks, many of them appearing to be banks, showing bigger price rallies yesterday than the price range of prior years. TCBK TRICO BANCSHARES BANF BANCFIRST CP GEHL GEHL COMPANY SIG...

I notice Berkshire Hathaway stock symbol BRKA shows about a 15 % price rally yesterday and is up about 26 % over the past 12 months. In comparison, the Standard and Poors 500 index value is down about 17 % over the past 12 months.

Suppose price values decrease to new lows then rally 10,000,000,000 %. You missed it.

I wonder if there is a mathematical way to write these rules. Stochastic might not be necessary, a moving average might also work, or just the price difference from say 10 days earlier or maybe just the lowest low or highest high price value in a minimum 5 % price fluctuation. I might use a...

Speaking of Berkshire Hathaway there is some recent news: Buffett's MidAmerican to buy Constellation Reuters - 13 minutes ago NEW YORK (Reuters) - MidAmerican Energy Holdings, a unit of Warren Buffett's Berkshire Hathaway Inc, said on Thursday it has agreed to buy Constellation ...CEG - BRK.A

Russian mortgages - they mention Russian mortgage agency specifically. Looks like Russian exchanges are closed until Friday, or maybe longer. http://www.ft.com/cms/s/0/48a94422-8561-11dd-a1ac-0000779fd18c.html Russia injects $19.5bn to restore markets By Catherine Belton and Charles...

Some money market funds might hold Lehman Brothers debt or debt in other troubled companies. http://www.ft.com/cms/s/0/696e3dc0-84e4-11dd-b148-0000779fd18c.html Fear of money market funds ‘breaking the buck’ By Deborah Brewster in New York and Joanna Chung in Washington Published...

I remember during year 2001 experiencing 19 losing trades out of 20 entries. If I bet 1% per trade then I might experience a 19 % loss. If I bet 2 % per trade then I might experience a 38 % loss. Some of my decision to bet maximum 2 % of account equity on a trade is associated with my personal...

I observe about a 3 % gap in the USDJPY exchange rate a few hours ago. I don't know if it is related. http://www.bloomberg.com/apps/news?pid=20601087&sid=a5UhVttMXBPU&refer=home Lehman Inches Toward Bankruptcy After Potential Buyers Drop Out By Yalman Onaran and Craig Torres Sept...

Big meeting in Europe also: http://www.ft.com/cms/s/0/1aaab1ac-8253-11dd-a019-000077b07658.html?nclick_check=1 EU bankers assess exposure to credit crisis By Tony Barber in Brussels Published: September 14 2008 13:12 | Last updated: September 14 2008 13:12 The world’s banks...

The minimum level bars on the histograms seem to identify price levels that are least stable.

Some people might prefer to buy low sell high. Let's see what happens: FNM stock, 31.67 years daily price data, buy when price decreases 10 %, sell when price rallys 10 %, initial capital $ 100000, risk $ 10000 on each trade. Number of trades 119 Total profit $ 350566 Greatest draw down...