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What happened to your FOREX trading? Let me guess: Couldn't make it work so it must have been the instrument you were trading. Therefore the logical solution is to switch instruments to become profitable. Am I in the ballpark?

I hear some people complain about people who are not actively looking for jobs not being counted as unemployed. They are correct to not count them. How do you expect to find a job if you are not even looking? This might not be the best comparison but consider this (numbers pulled out of...

Analysts work for firms. Firms have certain securities on their "buy list". You will rarely see a sell recommendation from an analyst whose firm has that security on their "buy list". If they want to keep their job that is.

Assuming you are talking about mid term investing (just a hunch), I would wait for a pullback before getting long. Not necessarily a major pullback, but a pullback nonetheless. Wait for the risk/reward to come to you as opposed to chasing it. Just my two cents.

Great advice. One bad trade can ruin many many hours of hard work. There is no worse feeling than knowing you've just wasted an entire months worth of work.

You are the one who cares about your money the most, and should therefore make you own decisions on what to do with it. I am glad you have realized this. Keep focused on the trades, weed out the bad advice, and embrace the good advice. If you can do this, you will learn a lot from some...

Expectations of future earnings.

That's the point. We don't know who the leader is or will be. We can speculate all we want on what sector or industry will fuel future growth but we won't know until after the fact. The fact remains that there is always SOMETHING that fuels future growth, we just don't know what......yet.

Incredible post. I have been thinking the same thing for months now. Nobody knows where major growth will come in the future until it's already happening.

When you find out, please let us know.

Only if the borrowers can't repay their loans though...The fractional reserve banking system is fine as long as the banks only loan money to those who will repay...American banks have not followed this principle. Others will be fine.

In Canada, banks have a required reserve ratio, which limits their ability to create unlimited amounts of credit. Most banks here even keep an amount ABOVE the required reserve ratio. Is a required reserve ratio necessary for American banks as well?

Some posters here would still have you believe that.

You do know that just because the recession has/is ended/ing that doesn't mean the economy is stong, right? Raising rates and taking back stimulus funds is idiotic at this point.

I sure wish religious people could think rationally so they would know that having sex with children is wrong.

I don't agree with you that every single window has at least a 20% discount because they're going out of business. That's a statement that is simply false. Prices have declined on some prodcuts, lowering margins, but who cares? Inventories are being depleted, factories are starting up...

You don't think the banks etc. aren't just going to pass that tax on to the regular joes?

The fact that retail sales didn't decline is bullish. Bears are convinced of a horrible Q4 for retail. Me? Not so sure...

1. Atheism has nothing to do with wanting to get away with whatever we want without consequences...I don't need an imaginary character telling me what I should and should not do...I know it's not right to kill someone. 2. Not sure what point you're trying to make with your drug addict rant...

Indeed. And since the USA is/was (arguably) in some of the worst shape, I think it adds that much more credibility to the recovery.