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    Global economic implications if Iran wins

    yuk! another iran thread!
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    I hate holidays when the market is closed

    like any other entity, markets also need a rest and recharge break., respect the markets! :D
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    USPS what is the point?

    Guess Mitt Romney should be given the Turnaround job for the USPS. Even if the number of Post Offices are shut down, days reduced along with hours of operations, the general public will get used to the "austerity" measures and more so if their basic stamp duties are not raised. It is...
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    Friday's moment of zen: 50 Unfortunate Truths About Investing

    I would like to add one more quote which is basically from famous Peter Lynch of 1980s time. If you visit a business and see cash registers chinging constantly meaning lots of customers buying stuff, then that is a good business to buy for both short and long term. Ex: Walmart.
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    Friday's moment of zen: 50 Unfortunate Truths About Investing

    While not agree with all the points, still it was a good post to read. Thanks! :D
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    Banks lay off 160,000 with more to come as trading dies.

    True, but lot of institutional trading has be taken over by tradebots. That can be one of the major reasons behind the layoffs. Robots are going to invade our society, yes INVADE our society in the next 5 years or even earlier. This might be a revolutionary change to the work force...
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    WORLD WIDE SOVERIEGN DEBT FORGIVENESS, An ET Roundtable

    According to various estimates Bakken Valley alone has useable oil in it worth anywhere from $5T to $50T. Hence no reason for US to declare bankruptcy anytime soon. By 2018, US will surpass Saudi Arabia as the largest producer of oil. Highly likely that in addition to saving $1T a year for...
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    WORLD WIDE SOVERIEGN DEBT FORGIVENESS, An ET Roundtable

    US will not default as that would be catastrophic. USD will keep its slide down and lose purchasing power as it has been since 2003. Higher taxes and spending cuts are coming. Even if US goes into 10% austerity mode, soon the good results will start to show up. Only 4 more years...
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    Some help needed with numbers

    Here's a number for you buddy Options Trading = ZERO balance in the account.........:D :p :cool:
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    Isn't the "Fiscal Cliff" the Best Thing for America?

    Bottomline is to cut defense, reduce cost of medicare and medicaid, bring back Clinton era taxes for superrich, impose some higher tarrifs on China and few major others, reduce spending and mainly the size of the government reduce foreign aid to nonsense back stabbing...
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    Isn't the "Fiscal Cliff" the Best Thing for America?

    And this will give rise to more buying of the used equipment and items. Instead of paying $500 each (on the low side) for washer and dryer, folks will start buying $100 each type of deals and that too for cash. Best of both the world. Get laundry done at home for cheap and not pay any taxes...
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    Isn't the "Fiscal Cliff" the Best Thing for America?

    In that event, in order to increase sales, the vendors will start selling for cash and consumers are happy at not paying taxes :D You will then ask for more administration and control but that defies the logic of smaller government. :D :D
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    Isn't the "Fiscal Cliff" the Best Thing for America?

    Total elimination and transferring taxes to consumption should at best be applied first to a small secluded state like Alaska or Hawaii. This model throws a bigger burden of taxes on middle and lower income groups, while rich can save and invest in taxfree programs to build up further...
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    Isn't the "Fiscal Cliff" the Best Thing for America?

    Can you elaborate on this point, how would corp tax elimination reduce lobbying or corruption in the DC.
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    Isn't the "Fiscal Cliff" the Best Thing for America?

    There you go 30 ml of Lidocaine from India for less than 20 cents cost plus shipping. http://www.medindia.net/drug-price/lidocaine-prilocaine/lignocaine-2-hcl.htm How much does Syringe cost? $1 in US How much does healing medication gel to apply cost $5 in US How much does needles...
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    Isn't the "Fiscal Cliff" the Best Thing for America?

    US healthcare is most expensive and due to monopolistic nature it is also inefficient. For $20 care if you are spending $1000, then you have some room to thump your chest for high quality. Below to check the cost of stiches in the US...
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    Isn't the "Fiscal Cliff" the Best Thing for America?

    It is very needed that some sort of austerity be imposed on the US Budget in overall for 2-3-4 years. In addition to other benefits, it will make the politicians in DC get into the habit of balancing the books. Right now and for last 30 years, the main trend is to spend and be merry because...
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    Isn't the "Fiscal Cliff" the Best Thing for America?

    Only way US can improve its fiscal situation is when there is a leader who is not a politician of either party and whose hands are not tied by the senate or congress.
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    All I Do is Lose Money

    If your large profits are turning into losses, then that most probably means you are not reading or respecting your technical indicators or logic correctly. you are defying rule after rule on trading. seems you are not even trading a plan or a system, just trading at random. better...
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    All I Do is Lose Money

    Two rules that I can think right away, but there are many more a) do not trade on margin b) always put stops to any entry Both of these will insulate a bit against an account blow up. :D
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