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    Abu Dhabi's Citigroup Investment Turns Costly

    'So who am I supposed to feel bad for?' Well Said! Mega Rich losing a portion of the wealth.......who cares? :D
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    The dark side of Dubai - expat story

    Can't wait for oil for finish or become a redundant source of energy. The Royals of Duabi will be buttbooted on the 120 degree heated streets of their own country. :D
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    Dubai Debt May Exceed $80 Billion on Off-Balance Sheet Liability, UBS Says

    The United Arab Emirate (UAE) has total debt amounting to $184 billion at the end of 2009, according to estimates by Bank of Dubai America-Merrill Lynch, which said the region faces a heavy redemption schedule until 2013. Dubai's shock announcement this week that it is seeking to suspend...
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    could the economic situation be different if we voted differently

    'Bin laden owes clinto his life, without clinton there is no 911, cra, or hillary.' most stupid quote on ET this year...........you should jump into a ditch full of wet mud! :D
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    How do you deal with being wealthy or suddenly having lots of money?

    ' The best things in life still really are free.' True, Like someone else mentioned in the thread before...........'money helps in life upgrade to certain extent, but after that it is all the numbers game'.
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    U.S. healthcare system wastes up to $800 billion a year

    If even half of this waste i.e. $400 can be recouped and channeled back into the system, then nearly all of US problems can be solved. The issue is that leaders in society, politics, business, military and church have habbits of creating other problems that nearly undo the goods done by...
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    Can anyone recommend a good options book

    'Painfree but Faster way to Bankruptcy' by Professor Wolf Von Cats foreword by Dick Cheney
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    Does SPY gapped filled mean end of rally?

    no gap at 112.5, correction! :D
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    Successful traders - sim practice?

    'These emotions stem from being over leveraged, undercapitalised etc. They've probably ony got a $5k account' only partially true. seems your statement means if account is not leveraged then losses can be let free. that's idiotic! :D
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    Does SPY gapped filled mean end of rally?

    there is another gap 112.5 i think.
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    Successful traders - sim practice?

    sim trade can help only when you have strict rules that you can apply in the real world. second and more important item is the state of your mind when playing the sim vrs real money. with sim it is that 'don't care' feeling even if into loss or huge profits. in the real world, any...
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    Gravitational Trading Models

    Revert to the Mean. If prices are too far away from the mean they will come back to it and thus making for good long or short trade :D
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    Gravitational Trading Models

    sounds like RTM type model, better keep your stops tight and in discipline :D
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    Being destitute in America is a crime?

    Of all the left and right wing comments on this thread so far one that can be mostly agreed is..................... 'bumness and begging is a lifestyle. 90% of the homeless are drug and alchohal abusers. It is true all over the US. Unless they are forced into treatment nearly all will...
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    Whats your pick at the open tommorrow? Mine is LVS

    my pick for tommorrow morning is a strong cup of coffee and fresh cookies to nibble on. :D :cool:
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    This is the future of the USA

    Majority of the population of place like Detroit is African Americans. Unfortunately AA's have very little sense of social neatness and development. This can be attributed to the environment they grow up in. I am not being racist or trying to flame the thread.
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    Crushed

    correct, today was not a day for those who were hoping for LONG trade to make money. Keeping losses small is the rule #1 to stay on the battlefield and gain ground. I am still not good at this rule but learning. :D :cool:
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    Trading is a fools game - you can't win

    Back testing only confirms the system's value not your own as a trader. Papertrading can give false results if not done real time. By this I mean, you cannot look at the chart end of the day and note down the signal's entry and exit.
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    Peter Schiff: U.S. Rally Is Doomed, Gold Will Hit $5000

    Did not read the article but if Schiff is right then most of the world is also doomed. US economy is bigger than probably next few other largest economies combined.
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    I'm calling it - The Top Is In

    It seems markets might test 1120 territory on the S&P and then slide down. 1100 is very likely. September is usually the worst month for the markets. October is second worst, although most of the major corrections happen in October. :D
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