Whether you're joking or not.. USO is oil, RSX is Russia, XHB is homebuilders
I expect these to go lower as the trend is so definitively down, I'm not leveraged and am looking as these as very long term plays. Furthermore I only have 5% of my portfolio in these because I still need the...
... I know this is a trading arena and I'm as short-term a trader as anyone but some of these valuations are absolutely ridiculous so I have decided to put on some longer term positions. I will leg into these trades in 3 phases but would be very comfortable buying at these levels in one phase...
This is probably good news for the transaction tax -- it seems like Pelosi and DeFazio are not fond of each other.
http://news.yahoo.com/s/politico/20090302/pl_politico/19481
Would like to know who told you this because the last that was told was 90-95% and you throwing around these numbers is incredibly irresponsible unless you can provide some sort of proof.
Not so sure about that Anaconda, I do know a lot of traders that really do respect him, and he used to be a heavy hitter until 9/11 when many of his closest friends were killed and it really mentally messed him up for a bit. I would just like to know these 2 very credible sources he has that say...
I know many of you take issue with Tim, don't know why, don't care why, but this guy has a big voice that reaches out to many people and he will definitely be helping traders get their voices heard in our fight against the transaction tax...
I know there is already a petition floating around but sign this one as well, it's THAT important!
http://www.rallycongress.com/no2tradertax/1536/view_all/NY/2/#comment-233782
Also pass it along to other traders.
Furthermore, there was a very good point made in another thread for...
Keep spreading the word! Trader nation is strong! 5000 so far is good, 10,000 by days end would be nice, 100,000 in a few days would be terrific... let's go!!!!