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I feal the same way at this point. I have tried many strategies and lost enough money while trying them. Now I have a system that works well, I am getting more experienced and am making less mistakes and more profitable trades.

Why GM isn't already extinct by now I don't understand. Give it another 5 years and they will be gone, or bought out by TATA,Toyota, or Honda.

I don't care if they throw every fallstreet hedge fund manager behind bars. Aren't these the kind of things we see at market bottoms?

In some way yes....but so is washington for allowing that stupidity. Detroit had the opportunity to provide ev's to the public years ago but killed their own success story because the bastards from the big oil industry wanted to make billions in profits and create a situation like we have this...

Argued what? YES the market can be manipulated. Did you only learn that lessson today? Do you know anything of politics? Washington fat cats are getting very nervous in an election year so they start making little parades of how they care about the consumer. Maybe oil crashes 50% tomorrow or...

Lol, manipulation in the markets? You don't say! You know what they say about GS, never bet against the market makers. :D

I think the banking industry is terminally stupid. "Let's see, more and more people can't make ends meet and are defaulting on their loans. I know! Let's jack up the rates higher so that even more people default making an already unbearable housing market even worse!" High fuel prices + no...

GM and the oil industry made sure that EV's died a long time ago. GM instead opted for an era of SUV's. Look where that got them.

One commentator I actually listen to said "I spoke to 100 money managers and not a single one was bearish on oil, not one. You know what that means." Take it for what it's worth but oil feals very topped out at this point. The very day gold had topped at 1050ish or whatever it was, I...

Have you guys ever bought the PM yearbooks? They are expensive as hell but you can find them fairly cheap second hand.

That's brutal. Maybe he was deep in the red with the loan sharks as well. EDIT: WTF I read the story and thought that he killed himself also. What a nutbar. To top it off he was a public relations consultant. He might need some of that right about now. Story Highlights Austrian man...

I think that the part about price action in the context of technical analysis is a very important point.

Yeah typical market overreaction -10% seems overdone. Probably will bounce back.

lol, Cramericans got lead into the combine and are now part of the Harvest. Well to be fair he did say to buy half before earnings and half after incase they sold it off, lol.

Because hes an old fashioned guy that doesn't understand anything technology related. That's why he missed every good tech stock out there. I bet you he doesn't own a blackberry.

yahoo 2 entries found. 2[influenced by 2yahoo] : a boorish, crass, or stupid person — ya·hoo·ism \-ˌi-zəm\ noun Etymology: perhaps alteration of yo-ho, interjection used to attract attention, from yo + ho Maybe the boys at Vistaland should walk away from this...

After all, they need to know the lay of the land which means getting a taste of the action.

This is unsustainable. Stagflation at it's best. Coke had awesome earnings, "big deal". JP did better than expected, again "big deal". However, this might be saying that the market hit bottom the other month since todays beige book was bad news and the market still rallied on the earnings reports.

I think yesterday was a short term bottom, but there will be a much lower bottom in the future.

Don't worry Pedro will be waiting for you on Monday morning so that he can be trained and so that you can be "retrained".:D