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Yea I’d have to agree with that. Wasn’t it the government and media telling us to go spend money to help the economy? Now they complain we spent too much.

I saw that too. How come Chris Dodd and Barney Frank weren't on there? They get up there and question everybody else about the lack of regulation when they should be looking in the mirror. I do agree with them on Bush. Bottom line, he was the President. He could have used his bully pulpit to...

Their net worth is lower because they obviously bought too many big screen tv's and cars. It couldn't possibly because that's what the Man has been planning all along. Just remember all that money went somewhere. Anybody want to guess where?

The media tends to overexagerate things and find the worst case scenarios. Anybody making 100k a month and not saving at least 10 of it is an idiot and deserves what he got. I have learned, like many others that things don’t always get better, sometimes they get worse, a lot worse. The rich...

My deposit was $2000. It's at a prop firm. They gave me such rediculously high buying power, I'm not even going to say how much it was. I usually only traded 100 shares at a time. The most margin I ever used was maybe 10k. There's no point in trading 1000 shares if you can't be profitable with...

Which exchange has the most volume doesn’t really matter. Neither does which exchange the stock is listed on. There are no more MM’s or playing with the markets anymore. If you’re the first in line, you’re gonna get filled first, assuming you’re trading a somewhat liquid stock, 10...

Well I’ll just provide an update here. I consistently traded this strategy for about 2 months. I think I lost about $900 and paid about $700 in software, so that wiped out my deposit and I don’t have any more money to put in. I will admit in my other trading endeavors I have never been...

If I’m full of shit, why do your statements pretty much agree with everything I’ve been saying? I read some of your posts and you are very aware of the state of the economy. We pretty much agree on everything. If you want, I can show you a copy of my CC statement from 5 years ago and now...

Thanks for that. I’ll come up with recipes if you can co-sign the 250k loan!! No, seriously an oven by itself costs 40k. It’s no small task. It’s funny that you mentioned that. The past few days I’ve been thinking of a few recipes. Last night I tried chocolate popcorn. That didn’t...

I think you know I was being sarcastic. I was just informing him of where I work before someones else jumps all over me ripping health insurance because I deliver pizza. Most other people on ET would classify me as a loser and I don’t really care what they think. I’m just like millions of...

Well I think we’ve seen a huge inflation boom the past few years. Now that we are in a somewhat deflationary period, you’d think prices would start going down, but I don’t see that. Some of it may be justified. For instance restaurants were absorbing a lot of the costs in rising commodity...

You’re exactly proving my point. We’re told to work harder, learn more, get a better job just so we can make the same money. It’s crazy. Nobody’s getting a 15% raise, so why do the health insurance company’s? I really hope your endeavors work out. You have to hit it big now to get...

Your paying for somebody else’s huge bills, just like they’ll pay for yours whenever that might happen. How did Mitt do with the Massachusetts plan anyways? He touted it a lot, but we haven’t heard much about it. Do you you think that could work on a national leverl?

My company doesn’t provide benefits. I’m a loser pizza delivery driver in case you haven’t read the rest of the thread. Trying to be a responsible person, I bought my own individual policy. I’m the only one on the plan, no one else. It is a standard hmo. Perhaps its lower than you might...

I just got my yearly notice from Carefirst BCBS. My health insurance is going from $235 to $272 a month. A 15% increase in one year in a deflationary economy! In 2003 when I got it, it was $160. I’m trying to think. I think I went to the doctor two or three times last year and paid for my one...

That’s exactly what they do. They create a problem so that they can fix it and profit from it. If there was a stable money supply, I don’t see how we could have the boom bust cycle.

This is how the Federal Reserve screws you. The poor and middle have to work harder every year to pay for inflation benefiting the rich. What’s the point in trying to get ahead? As soon as you do, everything gets more expensive, and they take it all away.

Yea I’m not figuring out what’s trying to be accomplished here. I can hedge with my FXCM micro account. If I bought eur/usd at 1.3000 and it goes to 1.31 and I place a market order to sell, it just opens a new short position instead of selling the first one. I use it when I want to scalp a...

That’s really grossly biased. The problems we face today have been building for years. It’s just all coming apart now. The so called “economic boom” between 2003-7 was fueled completely through inflation, deficit spending, the weak dollar, overseas profits for American companies, a fake...

OK Call me dumb, but I'm not getting what's being traded here. What do you mean by making money from hedging? I understand pairs trading, but I'm not getting what you're doing. Please explain. Thanks