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  1. O

    Why so many amateur traders trade only against the main trend?

    Just thought I'd let you know: there is no edge, because the market changes. The big winners in the market use their head to figure the existing market out. That's what pays the big money. Testing the market for moving average crossovers, stochastics, MACD, etc etc etc will never have...
  2. O

    Paradox of value investing

    Hi Cutten: I first read the "Intelligent Investor" back in 1975 I think it was. As you probably know, we had just had a major bear market that had taken the Dow to 550. There were large numbers of stocks that were "value" type investments. I used to buy stocks that were under what we...
  3. O

    Verizon Wireless 5gig Month Useage

    What dual wan router do you recommend? OldTrader
  4. O

    IB Stop Execution failure - IB Rep??

    I'm gripped as well. OldTrader
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    Jim Rogers: Citigroup is a buy at $5

    This FNM call of his was absolutely a classic Rogers call. I can recall him clearly talking about FNM as his favorite short....at 70. That was a few years ago. The reason I remember it so clearly is that at the time I was long some FNM. LOL. So on that particular Monday morning I sold my...
  6. O

    Boone Pickens:pumping His Own Energy Plan

    Just thought I'd point out that when you talk about "subsidy", what you're talking about is the tax credit that government currently gives for wind production, amounting to 2 cents/kwh. This tax credit is not unique to wind production. All forms of alternative energy production get a tax...
  7. O

    Boone Pickens:pumping His Own Energy Plan

    That ought to goddamn illegal right? I mean why should a business that just sold $2Billion in wind turbines give a concession on advertising? LOL. OldTrader
  8. O

    Boone Pickens:pumping His Own Energy Plan

    What you evidently don't know is that Hydroblunt wouldn't know a "fact" if it hit him in the ass. He has a history of making various assertions, always based on a "study", which he can never link. BullAlert evidently has thrown in with him. My guess is they are birds of a feather. OldTrader
  9. O

    Boone Pickens:pumping His Own Energy Plan

    Perhaps you should clarify something for all of us. The US currently gives tax credits for alternative energy investments.... all of them. So are you against the tax credits? Or do you want some type of means testing for tax credits, excluding those of a certain net worth. OldTrader
  10. O

    ES Journal Archive (2006 - 2008)

    Musta missed it...never saw it. Give me a link so I know what to be upset over. LOL. OldTrader
  11. O

    Boone Pickens:pumping His Own Energy Plan

    Had you bothered to read the article at that link, you might have discovered that a) it was an AP story reprinted on MSN and b) in the article they reference the tax credit you mention, only they claim it is 2.0 cents/kwh rather than 1.5 cents/kwh that you mention...
  12. O

    Boone Pickens:pumping His Own Energy Plan

    Feel free to inject some facts at any point hydroblunt. Start by providing a few links to some of these studies. A guy like you who "knows the real deal behind wind" might be very helpful in this thread. LOL. OldTrader
  13. O

    Boone Pickens:pumping His Own Energy Plan

    This post shows how little you seem to know about the energy situation generally, or wind power specifically. Or for that matter, Boone Pickens. Lets start with Pickens. As of last year, Pickens was worth an estimated $3 Billion. To put this into perspective though, recently, he bought 667...
  14. O

    Boone Pickens:pumping His Own Energy Plan

    For all you guys who are concerned that Boone may make a profit, get a clue! This is the USA. We alledgedly have a capitalistic system. For those of you who don't know what that is, it means "someone profits". Who the hell cares whether Boone profits? I got news for you. Boone will...
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    ES Journal Archive (2006 - 2008)

    Just an opinion, but my guess is that some traders may have missed the decline, or may have covered their short prematurely. For those traders I think it would be a good demonstration to show how once you have missed the ideal entry point, what you do then other than sit on your hands. After...
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    ES Journal Archive (2006 - 2008)

    If memory serves you didn't originally post this trade in RTH, or even mention it for quite a while. Why don't you make another trade at a time you feel appropriate, one in which you can then update and follow? I don't see what the benefit is of following a trade you didn't actually post, for...
  17. O

    My wife wants to play the stocks!!

    My wife trades her own IRA. She's very determined, wants to do it herself, and is a longer term type of investor. I don't know what your problem would be with it. What I try to do is talk to her about general concepts....risk/reward, stop orders, etc etc. But she makes all her own...
  18. O

    John Templeton RIP

    According to the above post, Templeton gave up his citizenship in 1962, and sold his company in 1992, around 30 years later. Whatever you may think of his denouncing his American citizenship, he did it 3 decades before there was the taxable event. So the two appear to be unrelated. Oldtrader
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    Velocity/MBTrading/OpenEcry

    Were you a customer last year when Velocity placed customer funds with Sentinel? It seems that Velocity was playing fast and loose with customer funds. If you had funds there at the time, I'd be interested in your thoughts. OldTrader
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    ES Journal Archive (2006 - 2008)

    I'm wondering what he did with his longs from 1275. LOL! OldTrader
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