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If your definition of day trading is buying the dips then it is hardly surprising that you would find the last couple of months harder than the previous 5. Learning to adapt to changing market conditions is one of the necessary skills to be successful long term. Not all market conditions are...

In response to that completely depressing video making fun of a hand picked bunch of unsophisticated individuals http://www.nytimes.com/2007/04/01/education/01girls.html?pagewanted=1&ei=5070&en=e5850df90709ed84&ex=1176091200&emc=eta1

I don't know if it is the best call on ET in 07 or not but I think I have Thorn's call easily beat with my RT calls to go heavy long calls on the Yen futures when the futures were trading .008243 with an add 30 points higher for a target of .0086 which it hit.

Don't know if this link has been posted before on the thread, apologies if it is a duplicate http://www.debka.com/headline.php?hid=3990

The things that keep me nervous about the scenario that I outlined are the changing credit ratings that could be a catalyst for much greater sub prime and Alt A pain. Escalation of the Iran Uk affair though I think this is low probability as it is not in the dominant players (west) interest...

1000 more homes valued at 1/4 Billion added to CFC's foreclosure properties for sale listing since I posted above 3 weeks ago. The ones that I have checked that have sold have gone for 20% below listing prices on average.

As far as I know Buchanan has been beating this drum since at least 1993 when he was one of the most vocal opponents of NAFTA. I don't think it is too late yet but it is high time we stopped giving away the store just so multimationals can net bigger profits.

I am not a fan of one way free trade like we have with so many countries (Pat Buchanan may turn out to have been the one with the most foresight on this issue) but I can't help wonder if this move isn't the begging of a policy to paint China as the new threat for the GOP to run on in 2008.

This small sample is indicative of what many people think. They see a recession coming and are selling, have sold, or are short. I think the portfolio margin rules are going to have a bigger impact than expected, there will be a rally as the Iran Uk situation resolves itself shortly and oil...

If you are going to try and get away with not paying $200M I find it amusing that he actually bothered to pay $500 in taxes, just filing a return at all was tantamount to him calling the IRS stupid. I will never understand the mentality of people who are worth tens if not hundreds of millions...

As they see the markets rise the money is going to come pouring back in. We may even get a couple of positive blips from housing as the early spring sellers get out at a discount before the herd. Most of the "for sale" signs in my neck of the woods are now either "sale pending" or "sold". I have...

Good call caliber trader, you figured it out a week and 200 points ahead of me. Hat's off to you.

My theory is that big and smart money knows that the new margin rules are going to pump this bitch to new highs or at least to the highs and that is why there has been no panic. The new rules take effect April 2nd and will roll out through out april. The short interest is very high and the big...

I disagree, we will rally to new highs in the next month or two before the next big leg down. Shorts will give up ( nas is sporting record short interest right now, hard to go down), smart money will exit, retail longs will be suckered in and then woosh.

Was really directing my post at others, from you posts I have seen you seem like a well educated sophisticated individual. The countries that are ahead of the US in the study are small countries, highly centralized in terms of regulations, with mostly urban populations and so it is relatively...

If the study is a shocker to you you need to get out of the US and travel a bit more, the ranking was networked readiness. Anyone who thinks that the US is No 1 by this benchmark has probably not left the US in quite a while.

I just don't get why anyone cares how anyone else's account is doing? The only one that matters to me is my own. If it is for reasons of comparison then (why do you feel the need?) then you should know that its a safe bet that Niederhoffer is a better trader than 99.XX% of the posters on ET.

If you have swing trading skills then why not get a decent job and swing trade EOD until you have enough capital to trade and live off of. You are giving yourself about 0 room for error the way you plan to proceed. You will be scared money and that is fatal. Realistically the chances of you...

If I told you that you were suddenly going to be able to buy stocks at 20:1 margin instead of 4:1 would you be a bull or a bear ceteris paribus?

In a fair world the lenders and the investors would take the hit for their recklessness but the S&L crisis is a good road map for what will likely happen. Executives will walk away with their money made and untouchable. The company will go down in flames and the shareholders will take the hit...