Here's one sure-fire way to get a secure, greater than inflation return on a $90 investment with no capital gains tax: Buy forever stamps.
(But I also like the bullion idea.)
Books, you can read for free at any public library or big-chain book store.
Nice!
Here's part of a much older (but highly relevant) Niederhoffer article:
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Final note
David Rosen, a very smart Chicago trader, spent many hours developing a profile of "the scumbag/user type" of impostor. Whenever he observes the following...
I found the last paragraph particularly interesting. Madoff was quoted as saying "The strategy is the strategy and the returns are the returns". <b>Anyone else notice how bullshitters/con men tend to favor speaking in tautologies of that sort?</b> Right after they show off their $10,000 rolexes...
Stocks were dropping very sharply in the fall of '08, and Nitro was giving credit to the MM's for putting in bids, thus stabilizing the market, instead of sitting aside and letting everything crash. That's the gist of it, I think.
Sold another 1/4 of DGP position just now in AH, at $40.79.
1/2 of the SSO position remains. 1/4 of the DGP position remains. 1/3 of the AGQ position remains.
SSO position was opened at $46.63. Today's close: $47.11.
DGP position was opened at $39.86. Today's close: $40.77.
AGQ position...
Now offering the remaining AGQ, around midpoint between the current price ($144.16) and today's highs ($145.56).
Two important OT points, and then back to trading:
Baclofen looks VERY intriguing, although I hadn't heard of this until now. Anyone with any kind of alcoholism/benzo issues...
Offered to sell another 1/3 of SSO/BGU position at SSO equivalent of $47.40. If SSO rallies above that point, consider it filled. SSO current price: $47.34.
EDIT: Never mind that $47.40 offer- Change that to $47.32, three cents above where it is now, and this will be filled momentarily...
Just got another fill: Sold another 1/3 of AGQ position at $143.09
I also have an offer out to exit 1/6 (only) of the SSO*, a few ticks higher than we are now. I'll let you know if and when this is filled.
*I'm personally actually in BGU (not SSO) for a little more leverage.
Current SSO...
Cool, I'm in. Will let you know how it goes.
Redneck, thanks for your input too. I think I'll start off with that 'David PAL' unit, since it looks like the simplest one/most suitable for beginners...
I might use this for <i>me</i>, if it can guide me to either Alpha or Theta. (I'm not really interested in getting to Beta.)
So, does it work in prompting the Alpha or Theta brainwave states too, or just Beta?
Brandon, anyone who can say with <b>100% certainty</b> that you don't have the capital you say you do is a fool. The same goes for anyone who's 100% certain that you <i>do</i> have it.
Ignore the envious haters, and welcome to ET. :p
Well, some of my most valued family members happen to be rabbits. Bunnies as pets are totally under-rated. They can be trained to use a litter box like cats, they never need to be walked, and they create zero noise pollution. I don't know why anyone would want to sit around watching TV...
Here's the Wikipedia entry:
High-yield investment program
From Wikipedia, the free encyclopedia
A high-yield investment program (HYIP) is a type of Ponzi scheme, which is an investment scam that promises an unsustainably high return on investment by paying previous investors with the...
The feds shut down all of those HYIP internet ponzis over a year ago. (A rare example of law enforcement actually cracking down on white collar crime to the benefit of society. They usually prefer to oppress harmless drug users instead.) Of course, all the HYIP's would have collapsed on their...