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    JPYUSD futures

    Well, in futures, every tick cost the same regardless up or down. In spot, it is not.
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    Drunk!!

    The Fed will not raise rate, not when Ben is in charge.
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    what really makes money in real life?

    It has nothing to with skill. It is more with luck. If you are lucky, anything you touch will turn into gold. Want proof? Just look up the traders that featured in Market Wiz and see where most of them are now.
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    Today is Friday the 13th

    It looks like any down day is a buying opportunity. Just like the late 90s leading into the bubble. The Fed printing so much money and they have no way to go except into the stock market.
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    U.S. Foreclosure Filings Jump to Record in First Half ....dont worry though

    Nothing to worry about. Energy and inflations are under control. Our Fed Chairman assured us on this. He is always right.
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    forex vs the ym

    I take FX over indices. I try to base my decision on purely technical approach. With indices, there are just too much nice, and the swings are too much for me. FX move a little slow for me, and it's 24 hours. I am very comfortable trading on the 60 minutes chart while having a 9 to 5 job.
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    Bernanke 1PM today.

    He will do exactly what he has been doing since he took office, actually NOTHING. If you want to know inflation, just walk into a grocery store and compare price against it few months ago. For my neighborhood, it's 20%+ for a lot of necessity such as milk and poultry.
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    Oil supply crunch after 2010?

    Why don't the government focus on alternative fuels?
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    Traders Bought Options Hours Before Hilton Deal!!!!!

    My friend used to work with a manager who get these tips. The manager always pass the news to my friend, but my friend never took the "advise" until it was too late. I was I know somebody like that. It will make my trading life so much easier.
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    Why I don't buy the 4.5% Unemployment Rate

    I careless what these numbers are. I know they are all BS. The only thing I want to know is how the market react to it. I do not anticipate it any more, it cost me a lot of money. I just hop on the boat where most people are, and get off when they get off.
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    Big market correction about to occur

    Thanks for your thorough analysis.
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    RIMM Enters China Market w/Blackberry:

    RIMM is unstoppable. I guess it will hit 300 in no time. Then come a 3/1 split, which most likely will drive the price higher.
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    Buffett blasts system that lets him pay less tax than secretary

    The point Buffett trying to get across is to create fairness in the taxation system. The current tax system is favor the rich by allow the riches to pay a lower tax rate. One of the point he bought up is the Social Security Tax, where it ONLY tax 6.2% (12.4 for self employed) for the first...
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    Apple I-Phone Service Problems

    Pleasure?!?!? What are you guys taking about? It's an an music phone with a web browser. Yes, it has a nice interface and that's about it. If you consider this as pleasure, I think you need to get your brain exam. You can get this type of "pleasure" with a lot less money. And about wireless...
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    sold RIMM -anyone holding?

    congrats!
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    Behind the Scenes, Is NASDAQ Deteriorating?

    I think Nasdaq is fine. Just look at the leaders like Apple and Google.
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    Sorry IB, your customer service is a joke

    IB is great when you have no problem. When there is a problem you are on your old. They have no customer services whatsoever. The ticket system is a joke. I have ticket up for months, and no answer. Then I decided to close my account with them. The rep on phone call is rude. They rush to...
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    2:15pm

    He will not do a damn thing. He will leave it where Greenspan left off.
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    What do you expect at the next Fed meeting June 28th/29th? RATE HIKE?

    Uncle Ben will do exactly when he has done since he took office, which is NOTHING. Can someone please tell me if he did anything significance other than with Mario B? Greenspan probably still have more influence than Ben.
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    Goldman Sachs Employs 28,000: Average Pay Per Employee is $400,000

    Average is deceiving. Mean is a better measurement. If you read Forbes, 2 issues back, they feature there is an IB at Goldmans made 1B last years. If there are just a few other IB just like than, you will see after taking that very few IB, you will have an average of 50k or so.
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