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"Across Athens on Wednesday, strikes and protests erupted as its crisis-hit economy reeled from another scathing downgrade of its debt and the stock exchange took emergency measures to deter speculators. Amid a growing recession, a general strike has been called for May 5 against austerity...

I read his book (interesting but nothing that will make you a successful trader), attended several online webinars and subscribed to his newsletter for a while. However, I have never been in his trading room. His methods never worked well for me. I did like his volatility breakout system...

No. MRCI simply provides graphs and high-probability trades based upon seasonal tendencies. The founder of MRCI did write a book on spreads: http://www.amazon.com/Encyclopedia-Commodity-Financial-Spreads-Trading/dp/0471716006/ref=sr_1_11?ie=UTF8&s=books&qid=1272510556&sr=1-11 However, I...

I have read a number of books and taken several courses on trading Futures and Spreads. I have read Joe Ross' book "Trading Spreads and Seasonals" and subscribed to Andy's newsletter for a while. The newsletter was the best thing I could find on spreads. The book is over-priced. I have never...

Why is the US now going to bail out Greece? For the same reason we keep bailing everyone and everything else out. In the short term, not bailing out Greece could lead to a domino effect of sovereign debt default in numerous countries and global depression. Then all of the government leaders...

I own EUO (Proshares Ultrashort Euro) and have a trailing stop. It is doing well so far.

If you are so successful at poker, why would you want to daytrade? Playing poker is a lot more fun than staring at little bars forming on charts all day. How much money do you expect to earn per hour daytrading?

Excellent points. The founder of the website agrees and recommends having multiple residences just in case one country develops more problems than another. Of course, this can become expensive. Unfortunately, the most politically and economically stable countries (like Australia) are also the...

For Americans considering leaving the US, a great website that covers this subject is: http://www.sovereignman.com/ I am not ready to leave the US. However, I got a passport and am learning about other countries to consider moving to if the US economic and social situation starts to...

Here is a chart of the seasonal tendency. http://mrci.com/client/seapat/sp//spi012.pdf

Most of the earnings and economic reports last week were stellar. As long as that continues, I cannot exclude the possibility that the stock indexes will continue to rise.

GP-Thanks for making my point more clearly.

I realize that, but do you think that there is a reason that they close the banks on Friday afternoon right before the weekend, rather than any other day during the week? It seems to me that bank closings (especially when they are occurring in record numbers) are always bad economic news and...

Stocks are very overbought, but commercial traders (smart money) are still long in an uptrend. Barring some major event, I cannot exclude the possibility that the market will continue to rise.

Every Friday evening, I see this same story on Yahoo: http://finance.yahoo.com/news/FDIC-shuts-down-7-banks-in-apf-3746090585.html?x=0 According to the article: "There were 140 bank failures in the U.S. last year, the highest annual tally since 1992 at the height of the savings and loan...

I wonder if the book "The Big Short" published by Michael Lewis a month ago has anything to do with all of these new lawsuits? http://www.amazon.com/Big-Short-Inside-Doomsday-Machine/dp/0393072231/ref=pd_ts_b_5?ie=UTF8&s=books#noop

I have purchased several of Barry Burns' courses and have found them to be well-done, educational and a good value. The information is based on technical analysis and would disappoint anyone interested in price action alone. The material would be of most benefit to a beginning or intermediate...

Obama's policies will lead to him being a one-term president. It looks like Ron Paul is hot in pursuit: <object width="640" height="385"><param name="movie" value="http://www.youtube.com/v/B7jyYpYgOeE&hl=en_US&fs=1&"></param><param name="allowFullScreen" value="true"></param><param...

That third video is hilarious!

An American family that earns $373,651 is in the 35% tax bracket and has to pay $130,777.85 in federal income taxes. When you add state tax, property tax, personal property tax, sales tax, capital gains tax, etc., people in the upper tax brackets have to pay over half of their income to the...