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BSAM, would you care to elaborate? It has been my experience that the study of price action leads to intuition and a state of "just knowing." Naturally, that doesn't mean "all knowing." I'm a strong supporter of Douglas' book "Trading in the Zone" and I couldn't agree more when he says you...

Do you think there's any chance we can get the old Bailey Building and Loan Back? Potter probably created that chart :D

Successful trading is based largely on intuition and the ability to adapt to changing market conditions. If you lack either you will not be successful.

Go ask the former self-employed, who don't qualify for unemployment checks because they didn't pay into the system, how long it took them to find a job, even for $10 per hour. Guess what. They're still looking.

People are too stupid to realize what's happening right under their noses. The Fed is printing money and giving it to the banks under the guise of stimulating the economy and generating jobs. The money isn't making its way into the economy. It's staying right on the bank's balance sheet...

If you believe it will lead to future referrals I would be generous but being generous means you would have to live up to that level of generosity for future referrals. It's hard to offer 5% for the first referral and then 2% for the second+.

QEII trumps 1-7. The Fed holds a Royal Flush.

+1. Aside from this point, very few people realize that Buffett is just an average investor. He has the luxury of being fully invested at all times. He doesn't have to deal with redemptions, contributions, or idle cash like a traditional money manager does. He simply moves cash from the...

What a racket.

The Global Reckoning Fund.

Congress has very little (if any) control over what the Fed does and does not do. The banking system runs this country.

Well...according to the government the recession has ended and the economy is growing again, which leaves me scratching my head. If the economy is growing why do we even need QE2? :confused:

Ain't that the truth Scat? It seems Christmas in America is a competition to see who can spend the most. It's supposed to be a celebration of Christ's birth but so many seem to forget that.

QE is intended to aid the banks. The banks buy Treasuries ahead of the Fed and sell them to the Fed at a profit. Then they take the extra cash and make other investments and extending a small amount to borrowers. The pool of qualified borrowers is extremely small since the Great Recession has...

This is how the code reads on wash sales. § 1091 Loss from wash sales of stock or securities. -------------------------------------------------------------------------------- (a) Disallowance of loss deduction. In the case of any loss claimed to have been sustained from any sale or...

Wash Sale 101 http://www.fairmark.com/capgain/wash/ws101.htm

Crazy. Illegals should not have access to the US education system at all.

You can use either form 1040X or 1045. You generally get a response (and refund) to 1045 quicker but you should know that any time you apply for a refund from an earlier year that triggers an automatic exam on that years return. If there is something in that return that you want to stay buried...

You forgot a line. After line 100 Collect (Bailout) you need to put another Collect (Bonus) in there. Let's make it line 105 and we should be set to go.

I disagree because you aren't entitled to Social Security unless you pay into the system. That being the case, it doesn't qualify as an entitlement. It qualifies as forced savings. Unfortutely, Congress moved the funds into the general fund and now all that's left is a bunch of IOU's and one...