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  1. R

    Bernie Madoff's Son Found Dead

    I don't know if 'stupidity' is even the right word for it. Look how many people still buy into the whole God Delusion in this day and age when facts are so easily checked and verified. Why is the government allowed to so openly shred the Bill of Rights and nobody does anything about it? No, it's...
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    RM's occasional market calls...

    Ray, we're going to rally slowly and peacefully with these boring low-range days for the rest of the year (except for a couple isolated higher-range days). Then very early in January everything will get all shaken up again (probably not too serious in the big picture though- but more volatility...
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    RM's occasional market calls...

    Looks like your entire definition of the term 'swing basis' is entirely different from mine, with a price so far away! Anyways, no matter how hard I try, I'm not able to form a strong opinion either way on the Euro in <i>any</i> time-frame. Not now, anyways. P.S.: Didn't know rabbit/hare...
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    RM's occasional market calls...

    Thank you! You've just said it perfectly!
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    RM's occasional market calls...

    Right, and that's why so many people don't realize that domestic rabbits (the kind people pick up from the pet store on a whim, and then discard when no longer wanted) absolutely can't survive on their own in the wild. Unlike wild rabbits, they simply don't know what to do and don't have a...
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    RM's occasional market calls...

    So here's where we stand going into the weekend: 30% of BP: Long SSO 7.5% of BP: Long DGP 10% of BP: Long AGQ 52.5% of BP: Cash/Flat All positions have slight to moderate unrealized gains at this point. _____________________________________ I'm probably premature in...
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    RM's occasional market calls...

    Two more limit orders got filled: Sold another 1/4 of DGP position at $40.37 Sold 1/3 of AGQ position at $142.83 (filled over an hour ago- should have posted the update quicker, I know- was preoccupied with three other things going on here...)
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    RM's occasional market calls...

    Thanks Samsara... I've already put in small limit orders to partial out of <i>some</i> of my gold & silver in case they keep rallying nicely before the day is through. With the SSO, I'm just waiting and watching for now... Edit: Update- Sold 1/4 of DGP position at $40.34.
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    RM's occasional market calls...

    One more thing I should add: Due to standard ETF decay, there is a slightly more efficient way to put on what amounts to essentially the same position: Instead of the above trade, you would do: 40% of buying power: Keep in cash/flat 30% of buying power: Short SDS 15% of buying power...
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    RM's occasional market calls...

    Ready for another official RM market call? Here it is: 40% of buying power: Keep in cash/flat 30% of buying power: Long SSO (Current price: $46.63) 15% of buying power: Long DGP (Current price: $39.86) 15% of buying power: Long AGQ (Current price: $139.04) Right here, right now! Time...
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    Bernie Madoff's Son Found Dead

    I actually think the (remote) possibility exists that Mark Madoff was able to ignore the evidence all around him, and actually delude himself for years into thinking his dad was legit. Sometimes when the truth is ugly enough to be devastating, people are able to fool themselves into believing...
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    The tech bubble of the 90's

    Cutten, I don't understand. We all know there are like fifteen total hot chicks in all of England, and it wasn't any better back in the 90's. So, what's up with that? Did you live somewhere else back then? :confused:
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    How big is the narcotics industry?

    Politicians want control, not freedom. Freedom has to be <b>fought for</b> constantly, and today's generation doesn't have a whole lot of fighting spirit left. Part of the problem is modern demographics: Successful resistance to bad gov't policies tends to come from young, college aged people.*...
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    How big is the narcotics industry?

    But what about the prohibition enforcement thugs who totally get off on bullying innocent people and making them suffer? What about <i>their</i> needs? What about <i>their</i> emotional well-being? Think of the thugs!
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    How big is the narcotics industry?

    It would be worth surprisingly little if not for prohibition. Pure heroin can be bought wholesale for just $0.80/gram in Afghanistan. That same gram gets marked up all the way to $125 (or more) once it finally reaches the Western consumer. Prohibition is the one and only reason why anyone...
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    The tech bubble of the 90's

    And in a way, I was. :eek: Hey, we all know there are more stars on the flag than years in my total life-expectancy... but still, it's always best to avoid jumping to conclusions before acquiring sufficient evidence to confirm whatever you're thinking.
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    The tech bubble of the 90's

    I know some people here get annoyed when I recycle cool old threads... but those people totally suck, and I'm going to do it anyways! :p If any ET thread deserves a resurrection, it's this one!: http://www.elitetrader.com/vb/showthread.php?s=&threadid=13088
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    Government Unions vs. Taxpayers

    Yeah baby, that's how I like it! Let the feds hang their heads in shame wherever they go. Demoralize them at every opportunity, and divide and conquer! Make as many as possible defect back to the people. The weaker the enemy, the freer the people!
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    Government Unions vs. Taxpayers

    +1 Great post!
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    Government Unions vs. Taxpayers

    I'm sure other people have their own pet peeves on how the feds have messed with <i>their</i> freedoms... I'm just providing my own specific personal examples. Feel free to provide your own...
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