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  1. M

    I must be out of my mind!

    Ok, so I am better at math than at trading, I can dream can't I :D
  2. M

    I must be out of my mind!

    I don't put people down that have big goals in trading. Do some math.... if you can work at systems until you have one that does 2% per day on average you will multiply your account by 144 in 250 trading days [assuming you take nothing out of the account]. 1.02 to the 250th power is 144, get a...
  3. M

    Arguments Against Flat or ConsumptionTax?

    Wait a minute... money is said to be the root of all evil [terribly mistranslated and as usual, not understood but hey...], so the consumption tax will drive people to the barter system, and we won't need money!! Voila, evil wiped out in one swell foop!! One more great reason to have a...
  4. M

    U.S. Government intentionally falsifies it's accounting

    Be hedged, be very hedged.
  5. M

    What time frame do most daytraders here use?

    I thought Jack H was back for a second there
  6. M

    Arguments Against Flat or ConsumptionTax?

    Agreed. The collection process can be made more efficient in terms of man hours by using POS terminals to collect a consumption tax and nothing has to be divulged to the Federal Government in doing so. With a consumption tax there would be no "tax season". I like the consumption tax for those...
  7. M

    Randomness (and Emergence)

    The idea of an efficient market is a nice way to get a handle on the idea of how feedback is involved in the price selected by the market. It is not a truly descriptive term for any market nor does it rule out any patterns of volatility occuring that might be tradeable. People talk like markets...
  8. M

    SoCal

    Agreed, no jobs in Santa Barbara and the payscales reflect that fact. Santa Monica and Westwood are great really. I might rethink this and change my reco to Santa Monica, closer to LA for work too. I love to visit my daughter in Westwood and hit the college student restaurants like Chili's or...
  9. M

    IB F#@%* service!

    Get used to it, you have to listen to their lame answers and go from there by trial and error.
  10. M

    (Why) do most traders lose?

    I fully agree, if i had started trading with real money when I first looked at trading, psychology issues would have been a big thing, and in fact they were so I quit trading and took up study. After years of studying trading it is not about psychology, not even a little bit. If you have a good...
  11. M

    Are we running out of water?

    The earth loses a little water to space every year, it is truly a tiny amount AFAIK. Water circulates from the oceans and lakes to the atmosphere at which time it is cleaned because not much other than the water molecules get absorbed. The winds distribute it all over the planet where it falls...
  12. M

    Arguments Against Flat or ConsumptionTax?

    Many people do not like progressive taxation and feel that they owe nothing to the poor. Why should what is basically religious morality be extended to the area of government and forced on people?? It would not be any harder to collect on a used car sale between individuals than it is now...
  13. M

    The real purpose of global warming?

    Yes, we were assuming time and distance to be a factor. Regarding heirloom crops, I have eaten some. I used to go to Chico's ranch in Malibu and buy heirloom potatoes and fruit. Chico was a Gypsy from North Africa and had brought over heirloom seeds. He was illiterate but a friend of his...
  14. M

    SoCal

    Orange County maybe. There is lots of money sloshing around there and several universities in and nearby, close to Los Angeles. Good location to live too, near the beach.
  15. M

    two CPU's?

    Leo Laporte was talking about machines that run Windows with 4 CPU's and the ability to put dual core units in there to effectively have 8 CPU's.
  16. M

    hurricane trading positions aug 06

    If refineries can be affected look for volatility in the oil and gas delivery sector.
  17. M

    Did I end up in bizaro world?

    You forgot to mention the heat waves
  18. M

    If you want to be rich, first stop being so frightened

    I don't think Rockefeller Sr. was a risk taker. He was known for avoiding risk by relentless spying on competitors. He was good at improving efficiency. He replaced oil shipping by wooden barrels with oil lines. There might have been some risk in some of his deals that were less than legal, but...
  19. M

    If you want to be rich, first stop being so frightened

    My younger bro got an idea in his head that he was going to die when he was 40. He was 25 at the time and still has no idea where it came from. He felt that he had to have everything taken care of by age 40 so he worked 70 hour weeks in his shop and at 40 he was retired. Fear made him do it, and...
  20. M

    Mel Gibson, drunk driver...

    All Mel had to do was put on a yarmulke for his mug shot and he had it made but noo.......
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