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  1. M

    if countrywide belly up

    LOL in your dreams :D
  2. M

    Can US afford a tax cut?

    I actually agree with that ranking except for France, much more corrupt than the US from my personal busines experience. Since when are Italy Spain and Portugal not part of the western world? As an Italian I am deeply offended :) Size, diversity, and a split Federalist system facilitates...
  3. M

    Can US afford a tax cut?

    :) You have my vote if you ever decided to hold elections :)
  4. M

    Can US afford a tax cut?

    Bush lowered some taxes and thank goodness he did when he did or we would be in recession right now. He didn't go nearly far enough and he should have been more progressive in the tax cuts (even lower taxes for lower incomes, elimination of the AMT). The real problem was that he...
  5. M

    Can US afford a tax cut?

    Certainly the growth of government the last couple of decades has been of great detriment to the country's well being. To call the US the most corrupt country in the western world is a ridiculous statement. You must not live in Europe as I do half the year (and grew up there too) or read...
  6. M

    Can US afford a tax cut?

    Cutting taxes AND limiting borrowing FORCES spending discipline (you canna spend what you don't have). The simple fact is that the elimination of the income tax would take the US government back to the revenue (assuming all other sources of revenue stay the same, an false assumption as if you...
  7. M

    Black Tuesday - BEAR MARKET MODE GENTLEMEN!!!

    Not sure what it means but I saw that Faber has turned short term bullish on US equituies and $, 3-6 months rally he thinks back to the highs. Took my EEM and XOM puts off this AM and bought some ES and NQ for a very short term run in to earnings/CES hype/stimulus package announcement. Looking...
  8. M

    Which Caribbean Island to move to

    Water in Caymans is entirely potable as it is in other places like Bonaire and Aruba (some of the purest tap water available desalinated, triple osmosis and filtered many different ways and exported all over the CB). Jelly fish are no big deal unless you run in to a box jelly but in 12 years of...
  9. M

    Averaging Down the real Holy Grail

    I'm sure it has been said already but you have it exactly wrong, averaging up is the holy grail (this is distinct from scaling in to a position at a defined risk point or range).
  10. M

    Real Estate bottom in 2011,2012

    Here's an idea, if we have to have a stinkin income tax then get rid of the high income phase out for mortgage interest AND uncap the loan amount of which interest is deductible and maybe it will actually be worth buying a house.
  11. M

    Can US afford a tax cut?

    Ron Paul made the point that if we got rid of the IRS we would be back to where we were 13 years ago as far as revenues from other sources goes. Unfortunately he wasn't part of the debate so you wouldn't have know about it. The other thing to consider 9is that if the income tax was reppealed...
  12. M

    why are traders ugly and fat?

    LOL speak for yourself enforcer99 :D
  13. M

    BUSH SPEECH:so far completely useless,expect market tankage if speech remains useless

    Quick get in to that house that is double what you can actually afford now in time for the big bail out (is this Bush logic for giving the housing market a boost :) ) , worst case you get a fixed rate interest only loan that will keep rolloing over until you will be getting your payment slips...
  14. M

    U.S. Headed for Worst Recession `in a While,' Jim Rogers Says

    What utter nonsense. I suppose it was the media or "wise shorts" who engineered people taking on mortgages that they were not able to service, and then securitized and sold that debt to people who have more money than brains. This is the problem with traders who think they are smart, they can...
  15. M

    Which Caribbean Island to move to

    Sorry to disagree but crime on Gran Cayman is much much lower than PR, almost no violent crime at all (and what we do have is exported from the cess pool Jamaica) and unlike many other places in the CB people are very freindly without an attitude. Internet connection is Cable speed and reliable...
  16. M

    Which Caribbean Island to move to

    1-3 Caymans hands down.
  17. M

    POLL: Who is Jesus to You?

    A mythological figure to be used by various religions for their own purpose and for individuals who need that crutch to get through life. http://www.religioustolerance.org/chr_jcpa5.htm http://www.religioustolerance.org/chr_jcpa.htm...
  18. M

    AHG - Profitable Strategy for Struggling Traders

    Here's the other chart:
  19. M

    AHG - Profitable Strategy for Struggling Traders

    Thanks for the chart Suri (and the book, best one of 2007 without a doubt), what about the H&S on the SPX monthly chart, also a trendline break. Target looks like it could be in the 1220-1250 area which would hit the monthly 200MA and the area of support from summer of 06. I know indicators are...
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