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In your dreams... you will die and US Capitalism will be alive and well... like Marx, he prognosticated the end of capitalism more than 100 years ago, now he's dead and everybody's still laughing at him.

This article clearly a piece of pro-Iraq propaganda First, no one has to hoard dollars to buy oil because there is an amazing thousands of year-old invention called "currency exchange"... if someone insists in receiving euros, american business just ask their bank to change dollars to...

There was a time when the sterling pound used to be the currency of choice for international trade. That stopped when the UK declined as a worlwide economic power. The world (including oil producers) didn't stop using pounds and started using dollars because the US started threatening...

It is, exporters always set their prices using the currency most advantageous to them. They ask for dollars because they prefer dollars. It is not an arbitrary choice. The US pays its imports in dollars because others accept them, not because the US is threatening other countries with military...

Soros distanced himself from Niederhoffer, he writes about it in "the alchemy of finance" i think or maybe soros on soros. He wrote that Niederhoffer strategies work in rangebound markets and burn money like crazy in runaway explosive markets. Was he right or not? So Soros fired VN before VN...

Do you have a specific number or %?? I don't think so. And by the way, that's not how international trade works. The world demand dollars because the US economy is the most resilient economy in the world. US Monetary policy, with all its flaws, is the best in the world. In many other...

Niederhoffer interview in Active Trader May Issue. What? Niederhoffer interviewing for a TA magazine?

That's another hallucination of some flea-infested communist hippie who probably doesn't even have a checking account. If american businesses were worried about currency risk in oil purchases they just would buy currency swaps. problem solved. no need to invade another country for that.

flat overnight if you're not watching the news, you could make a lot but you could lose a lot too if you go short or long. today the market basically stayed within the high and the low of the first 30 min, a bad day for trend traders, a good day for "intraday swing" trading.

Choice of strategy to play choppy market paid off. Bottom at 10am still respected. market tanking because of rumors about Baghdad blackout, US not responsible, it could be Saddam setting the scene for WMD. news about Saddam airport seizure made no effect. too early still to play...

are there any straight men in s.francisco?

the market hasn't closed yet.

this day looks like one of those days when you have to enter and re-enter. I like 874.75 for a bottom and I am playing it with a tight stop, but depending on what happens could go short later. shooting for 3-4 points trades as insurance against the chop. sorry guys i have to pay...

stopped out at 884 in the ES03M, april saddam futures going down

index futures crawling up again, broke yesterday's range at 7am, after centcom announces Americans within 10 miles of Baghdad. Americans past the "red zone" but no chemical weapons have been used yet april saddam futures 71/72 bid/ask up wait for the initial claims number at 8:30 if...

That's what an academic would say, but no, the market is about human emotion... Emerging market paper is correlated with soccer matchs.... is there any relation b/w soccer matchs and economic reality? Of course not. Why do you think TA works?

Still out, the ES bounced from the mini spike down at 16:14 and went back to the range established earlier today. Saddam April futures still in the 66/67 bid/ask area I don't think it's worthwhile to risk one tick overnight today either shorting or buying. No clear bias. "when in doubt...

I already asked this question. About your comments, I am not trying to be smart or look smart, I'm just trying to read the market and make some bucks in the process.

Market closed. The range was broken at the last minute. Will be watching the news AH. The main concern now is whether or not Saddam will use chemical weapons.

Effect on index futures of a chemical attack on Baghdad.