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Non-Cyclical consumer goods and healthcare?

If that were true, wouldn't it make sense then for the Chinese govt. to let their currency float? I just don't buy it. The Chinese GDP is like 1/4th of the US (and that includes the huge advantage China has in net exports). Take away the exports, and there's no way the Chinese economy can...

I'm sorry, but this is going to piss people off, but here goes: Anybody here that thinks a degree is a waste of time is in denial and in a fantasy world. Go ahead...throw the die that you'll be a millionaire of trading. Your chances are probably less than 1% if you don't have any other...

If you can get a degree and are able to do it, I see no valid reason why you shouldn't or wouldn't get it. I too avoided the degree thing for a number of years. In my mid 20's though, I realized that not only do I need the degree for definitive life-long financial security, but I also desired...

You can average in while grabbing small bounces. Less risk on the longside and volatility is a welcome event for the financials with buys. More so I think with ultra long ETF's though. I'm not brave enough to buy the stocks, but I'm loading up on the ETF. IMO, real estate as well is a...

That's not really true. A stock can handily beat estimates and still dump. It really just depends on what the "expectations" were. You say that RIMM was "widely expected to move on the report"? That in and of itself should be a red flag. If it is expected to beat earnings, don't you think most...

Oh, to add on, I'm not saying your strategy is a pseudo-invest. That came out wrong. Your daytrading, but I'm using a similar strategy on a longer term basis. When trades become very successful, I immediately take profits, but if they move against me, I "build" positions. But I only build...

Excellent, excellent, excellent thread PFT. It's quite interesting to read your style hear, because I'm an investor by "trade", but I've been learning to trade more lately, and your style is almost identical to the style I've been developing. It's almost a pseudo-invest trade style if I'm...

100% correct. Having said that though, bank defaults will hurt revenues for MA because it will mean less transactions being processed.

Some new positions in long portfolio: Added CTHR $2.35 PFE $24.49 SCR $13.55 SFN $8.17 CHRS $5.55 ALK $24.52 AYI $36.57 ISYS $22.49 JMBA $4.74

I freakn' missed this play today. I kid you not, I had a buy order at $29.50. I wanted to buy it bad, but I didn't want to get in at too high of a price, so greed got the better of me. I gave up 1.67% for a high of...

They're all right. I admit that I sat on their customer support line for about 45 minutes waiting for somebody once, but when I finally got through, the person that helped me was extremely helpful and answered my question thoroughly and even gave me additional information that greatly helped me...

Thanks for posting that article Bob! It's good to see validation by others. But like you said, it basically goes without saying, considering how much it bounced last week that many others saw it as being very much undervalued.

That's very interesting because BSC has shown up on my radar as well and I planned on dipping into it tomorrow.

That may very well qualify as one of the stupidest comments I have ever read on here. Yeah...that's it...the zionists are taking over America.:eek:

Thanks P&D. I think this was a classic situation where trader and investor psychology ignored other important factors and drove the price way down creating a situation where the risk going long was actually lower even though it appeared the stock was in a free-fall. I wish I had added to my...

The neutral market portfolio is now balanced for the time being. I will be adding more positions to it. I will also start testing a trading strategy that I've been developing using very small positions. I haven't convinced myself yet that trading will be profitable for me. I think the strategy...

How about 50% in 5 trading days? This stock has gone from a low of 2.99 to a high of 4.50 in that time. Why??...because of strong fundamentals and a good cash flow with a brand name that helped them secure a new line of business: "Shares of Jamba Inc. soared Tuesday after the company...

I'd actually also like to add that yes...right now the "market neutral" portfolio is not neutral. Basically it's because I started building the long portfolio first, but I wanted to reuse those same securities in the neutral portfolio. So in the "purest" sense, it won't be neutral until I've...

That's only one short position of the many I plan to have. The portfolio isn't complete yet as I haven't found the ideal securities to satisfy the requirements. I'm "building" the portfolio and it will probably take a couple of weeks or longer to fully vest it. Give it time.:)