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  1. J

    Refinance?

    Just got a offer to refinance from a 30 year loan 6.375% down to a 15 year 4.99%. No points and costs about 3000 dollars with fees. I am sure this is a pretty good deal right now and hard to imagine rates to go below 4%. Just looking for thoughts and ideas that anyone might have as to not...
  2. J

    Is Ben S. Bernanke a Moron?

    Forgive me for being unknowledgable about the subject but it seems to me that Bens only job is to raise, lower or leave rates the same. For everyone that thinks that Ben isn't doing his job, what would you do if you were him and what do you think would happen as a result of your action?
  3. J

    Fidelity Magellan--- OPENING again

    What is the point to be in a fund that charges fees to "more closely" track the SP 500? Why not just buy SPY and reinvest dividends and tell fidelity where to stick their fees?
  4. J

    Fidelity Magellan--- OPENING again

    I wonder why. Underperformed all markets over the last ten years.
  5. J

    I got logged in ET but not from me

    3 days ago i noticed that I was logged with some user name and I had no access to any forums or was unable to look inside the mailbox, it said I had no permission. So I deleted temp. files, cookies and cleared history. Everything was fine. Today I noticed that I was logged in under the name...
  6. J

    Please comment on my exit system

    Well nothing is set in stone but I used that ratio in stocks to lock in most of the gain but need a little room to let it run. Seems like the SPY needs a little more room. I have allowed my stop to be .22, then move to .12 Today was a decent day. One loss for the .22 one breakeven and...
  7. J

    Please comment on my exit system

    Thanks for your comment. I have NOT been blessed with a programming mind and have failed everytime at programming even a simple buy/sell set up. My buys and sells I can explain very easily but I don't think it can be programmed. If I did use a program like tradestation. Can I go through...
  8. J

    Simple Intraday Trading System

    How long into the session would you wait till you get your interday highs/lows?
  9. J

    Please comment on my exit system

    I've been wanting to post on my stop/exit system and would love the people hear to comment on it. I only trade SPY. I basically buy when its down and I short when its up. Once in a trade my stop is .20 cents. If trade goes in my favor .10 I move my stop .10. If trade goes .20 in my...
  10. J

    What is your 401K performance YTD?

    4.80% 25% small cap index -1.85% 25% mid cap index +4.98% 25% large cap index +3.93% 25% international small cap +10.38% Didn't make one trade this year or last.
  11. J

    100% guaranteed rally on 11-21-07

    futures down 9 now... should i be the first one to say goodbye to you?
  12. J

    Starting Over ..............

    I work as a dealer in Las Vegas to fund my losing trading system. Vegas is good and still growing. Come get a few weeks training as a dealer or take a job as a valet. A lot of easy 200 a day jobs out here, rent a room for about 400 a month with someone and you can build your stake in no time...
  13. J

    What is the best country to leave the US for?

    I would go to Philippines or Thailand. My plan in life is to aquire 1 million dollars and as soon as I do that I am done and off to a 3rd world country. Those 2 love americans since we tip the most. Speak very good english and you can hire maids and drivers for about 50 dollars a month. Use...
  14. J

    Morgan Stanley Traders Lost $390 Million in One Day in August

    Well you play poker for whatever reason you play it.... I bend over a table because someone needs to toss those cards at you LOL. Well the light is shed on me. I can't trade I know that. I told a guy who obvious is better then me at math he is a moron which only turn out the moron was...
  15. J

    Morgan Stanley Traders Lost $390 Million in One Day in August

    After working this problem over and over again and reading this thread WAY to many times, I admit that you are right and I was wrong. I have no shame in admitting it, problem lies in admitting your wrong when you swear up and down your right. It wasn't till the 10 cup example came about till...
  16. J

    Morgan Stanley Traders Lost $390 Million in One Day in August

    Well maybe your outta here because you fail to look at the problem logically. You never gave me a answer to the 10 cup game. You wanted 2.9 odds on 3 cups. So now lets take 10 cups, you pick one and I remove 8. What kind of odds do you expect? I hope you don't expect 9-1 odds and still...
  17. J

    Morgan Stanley Traders Lost $390 Million in One Day in August

    Look I am not trying to piss anyone off but in my humble opinion it seems like you want your cake and to eat it also. Ok I feel the problem lies in your brain knowing too much information and fail to realize how simple the problem is. So I'll try and explain for the no so smart. 3 choices...
  18. J

    Morgan Stanley Traders Lost $390 Million in One Day in August

    For all the people that believe in Monty Hall's paradox let me see how this turns your wheels. Ok, lets say you give me 100 chances at this and I don't make the switch. I should be right roughly 33.3333333333333 percent of the time. Now the fact remains that when you remove one of the...
  19. J

    my rimm synthetic call

    to the people asking on why he didn't just buy a call. The NOV 95 calls were down 1.00 which would of lost him 100 dollars on that trade. He lost 175 on his long but made 135 on his put, putting him down 40 dollars instead of a 100. So can someone tell me why just buying the call would be better?
  20. J

    Short Wynn

    My reason was it was up around 10 points for what????? the market had a gap to fill which i thought it would. Stock looked extended so i took my shot. Got stopped a couple of times but I got it right and made some bucks, reveresed it into the close for a few more bucks.
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