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Do you have any idea what this would do to Wall St? It would effectively be done. All the discount brokers would be gone. All of em. Many hedge funds would be toast, and the big firms would be banks, period. The exchanges would be a fraction of their former selves. Lots of people in the industry...

You Dutch? Only place I know of where everyone speaks 5 languages. I have several Dutch mates.

Wanted to ski every day AND make a decent income. Ski instruction failed on both accounts (they actually don't ski much, they teach and do clinics). Also hated having a boss. Had a deep econ background in academics, so what the hell....

Then how can Obama be qualified? About the same amount of time in current position, but hers was executive experience. Obama couldn't even vote for or against a bill numerous times cause he was so paranoid about his political future (he voted present). In other words, not even doing his job...

Screen time is best, especially with a mentor. But, if I had to have a book for reference, definitely Technical Analysis of the Financial Markets, by John Murphy. This thing covers everything, sorta like an encyclopedia, and he updates it every few years. His inter market analysis book is...

Just think how screwed I'd be. I've been a full time, self employed trader for 21 years now. Who the hell would hire someone who has been self employed for almost his entire career? I have several degrees, but they were a long time ago. I could retire, but I'd have to go to a third World country...

It would put all day traders out of business.

real trading is NEVER even close to paper trading results. Systems traders can't conceptualize this fact until they actually try it. no paper trader ever loses money. (or they wouldn't go live). 90 to 95% of em lose when they go live.

i find that R3 and S3 are very accurate when market goes that far. too much noise with the others. By noise i mean there are too many other supp/resis spots based on previous highs/lows, trendlines, FIBs, etc, when you are close in towards the pivot. Not as accurate. Of course one could show...

I have a 0% loan on my car which is better than paying cash. Not because of the time value of the cash vs 0%, but because some sort of fixed payment each month GREATLY improves your credit rating, which in turn is used for everything from auto insurance to vacation rentals. I will always have...

trade futures. better than ever.

Yep! Don't know how much to blame the White House though as the FED marches to their own drum. Always has.

I keep getting those credit card offers in the mail, and my current cards still have their max limits unaffected. I have heard if you have a good rating, the banks are getting even more aggressive. Don't know why.

not necessarily. The depression was caused by much more than a collapse in stocks. Smoot-Holly, etc. Lots of stupid decisions and an economy no where near as sophisticated as now. I am advocating a sharp recession, which I think is needed. Don't worry though, no one is listening to me!

I agree.

and what evidence do we have that $700 billion of additional debt will do anything? I believe that 5 trillion number is much more plausible. (its the subject of another thread running at the moment). Although Berny and company are smart guys, they have gotten everything wrong so far. Subprime...

I agree completely. Not only are recessions normal, they are beneficial every 6 to 8 years. Clean out the crap, and get going again. With Gov intervention, we will just see the whole thing dragged out. May not be as deep, but will last far longer. I prefer quick and painful, and then get on...

The main problem with Hawaiian sovereignty is that they make up at most 10% of the population. What are you going to do, kick out the other 90% who do not support this? My family has been there since 1837, but we have no Hawaiian blood. It is our home, we have no other, but we are also 100% Yank...

The vast majority of people who live in Hawaii (my native home) think this independence crap is utter nonsense. And yes, many of those who support it, want to include a racial clause that you have to have some Hawaiian blood to be a citizen. This is far more widespread than you would think...