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  1. M

    Will a journal make a difference...

    This type of journal won't make any difference. The type of journal (for your own use, not suggesting that you need to write it on ET) that will be of any help is one where you write your trades up each night and go through why the trade was a good trade or not and whether you stuck to your plan...
  2. M

    Is the worst of the recession Over?

    Nice vid ByLo! More grist... http://www.cnbc.com/id/30352158 http://www.cnbc.com/id/30259531
  3. M

    Happy "pi" day eve!!

    LOL got it, that festivus. :) http://www.youtube.com/watch?v=dS7-jcsB_WQ&feature=related I had forgotten all about where it came from, was thinking about the event Minyanville holds each year.
  4. M

    Happy "pi" day eve!!

    Usually in Dec. Are you planning to go this year?
  5. M

    Most expensive trading books?

    I have an autographed copy of his technical analysis binder and this book also(took his class at the CME many years ago). Its a decent book on but just lays out what most of us know about volume and open interest that can now be found in many other books. I think that a bunch of sellers on...
  6. M

    Most expensive trading books?

    Cottles options book I recall was expensive and Joe Ross's books I think were all priced at $100 new (not worth a 1/10 of the price imo).
  7. M

    Is the worst of the recession Over?

    We are at or very near (within a week) of this bear market rally being done. When it is the down side will be swifter than many imagine. I expect to see the SP well under 800 by mid may. Take a look at the weekly charts, they tell the clearest story. Apart from the SPG short that I...
  8. M

    TARP money Wasted at GM (and almost everywhere else)

    :D I initiated a large short on SPG today so you are probably right :)
  9. M

    Another Bailout Announcement!!!!!! 4/21/09

    As an active life long democrat I can tell you that this is already happening. The dems I know who are in business are shaking their heads and wondering what Obama is thinking and were generally supportive of the tea parties, the other half have morphed from thinking people in to the ditto heads...
  10. M

    Housing keeps getting worse

    http://www.minyanville.com/articles/gm-Michigan-flint-bulldoze-neighborhoods-abandoned/index/a/22330 I guess that is one way to shrink supply
  11. M

    Housing keeps getting worse

    The jumbo end now. As people have not be able to find new jobs, not been able to refi, not been able to sell, and are running out of savings they are starting to lose the homes. http://www.fieldcheckgroup.com/blog/
  12. M

    Sometimes It's The Little Things In Life That Can Piss Me Off

    Whinners :D Biggest pet peeve, people who throw litter from their car, the whole world is their trash can! :mad:
  13. M

    Video:60 Minutes - Those Who Are 401(k) Screwed & Even Unemployed; Wall Street Racket

    Arbitration, they all hide behind arbitration. When you go to the doctors office you might have to sign something about informed consent but you don't have to give away a good portion of your legal rights in order to be seen. How many lawyers take on financial mismanagement cases on contingency...
  14. M

    Drys

    What I meant was that had I held the position in to expiration week I would have been an idiot. I see now that I didn't post that I was looking to get out of the spread at $45 or better as I thought I had, my bad. The other 400 7.5s expired worthless.
  15. M

    Drys

    I'm not a complete idiot although I may play one on ET :) Reread the thread.
  16. M

    Video:60 Minutes - Those Who Are 401(k) Screwed & Even Unemployed; Wall Street Racket

    Boy, you are cold Cutten :) but I agree, anyone who took big losses was gambling or just not paying any attention to their retirement. On the other hand I don't agree that financial advisors are like doctors. 90% of financial advisors I have met really have just been salesmen and didn't know...
  17. M

    Video:60 Minutes - Those Who Are 401(k) Screwed & Even Unemployed; Wall Street Racket

    True, the very demographics that have been working for the boomers for so long will now work against them, especially if enough young people have now been put off investing their money in equities by the market gyrations of the last 10 years.
  18. M

    Video:60 Minutes - Those Who Are 401(k) Screwed & Even Unemployed; Wall Street Racket

    I feel very sorry for the people who have sustained big 401K losses due to the recent down turn and also for those who have been robbed by fees in their funds, but how much time did these people put in to understanding how they were planning to fund their retirements? You don't take huge...
  19. M

    Atheism is a or is a product of mental illness...

    In otherwords everyone should just make up whatever god concept suits them, or not if they don't feel the need for such a crutch to get through life. If that is the case why bother posting all this drivel and challenging what other people have imagined or not? Despite the fact that you "believe"...
  20. M

    Immensely Credible Robert Shiller: "Depression Lurks Unless There’s More Stimulus

    http://www.bloomberg.com/apps/news?pid=20601087&sid=aOO5mCwHvU.A&refer=home An indication of where the market really is, looks like some very big losses still to come.
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