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    Buying some CONN's at $77.20 looking for a All-Time High

    CONN is basically two bad businesses that together look like a great business. The two businesses are electronics retailer and subprime lender. Combining them together creates the illusion of a high margin business, when in reality it's a low margin business with lots of bad loans. This should...
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    Reasonable yearly profit threshold and expectations

    so you really want to be scraping out 20% 20 years from now? Doesn't sound like a plan.
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    trading rules

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    World's biggest gambler

    "A correlated parlay is essentially a bet that is tied into another, in that if one bets wins, it increases the odds of the other bet winning. An example would be if you wanted to parlay a first half over bet to the game going over the total. Most, if not all, sportsbooks will not allow...
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    anybody watch these gold mining shows

    It's amazing that they do about five minutes of prospecting with a bowl and some water and then decide to invest $500,000 in a big hole that turns out to worthless. There's got to be a better way. So the Russian is right, invest the money in prospecting, only then start to dig. Prospecting...
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    anybody watch these gold mining shows

    Some lessons: a) undercapitalization is a killer. Can't make money without money. b) don't mine in the jungle. ever. don't do it. c) don't go for the big, risky score that takes forever. stick to known deposits that are cheap to reach and then get really efficient at mining.
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    can you read charts

    I reverted to 50%. The approach is flawed. A better way than "where will this be in 2 weeks" is "will this first go a) up or b) down x% in the next x days." If you did it like that, then it would be testing something. It's an interesting approach. I think it's definitely an interesting way to...
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    can you read charts

    http://chartgame.com/play.cgi?qbphot more fun and games
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    can you read charts

    http://www.chartzero.com/ come back and report your score I tried it twice got around .570 both times
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    Ameritraders

    notice that all of the sells are at or near highs. if you think retail buyers are all momo traders who chase the latest thing, you're wrong. they sell at new highs.
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    Ameritraders

    Buys http://stockcharts.com/freecharts/candleglance.html?FB,KO,JCP,MU,RAD,YHOO,T,VZ,KMP|D|D Sells http://stockcharts.com/freecharts/candleglance.html?bac,c,ge,aa,goog,hd,znga|D
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    Ameritraders

    https://imx.tdameritrade.com/IMX/index.jsp "TD Ameritrade clients continued to add to their positions in Facebook (FB) as the stock moved off of an all-time high earlier in October. Net buying also continued in Coca Cola (KO) as the stock broke a 5-month downward trend. Buying activity also...
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    shrinking capitalism

    Just saw an ad for a Stallone and De Niro boxing movie. Lack of innovation isn't just in business. Where are the big new action stars? The big TV shows? Arena bands? Everything is suffering from lack of innovation, other than tiny internet companies with funny names.
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    shrinking capitalism

    One Amazon is worth a few hundred small companies.
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    How to place an order that will excecute say at 5% correction from peak

    Putting in a gtc % trailing sell order is very simple. So why not simply put in the same order except change sell to buy. The look back period would be "since the order was placed."
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    Missing: hard drive containing Bitcoins worth £4m in Newport landfill site

    doesn't the guy who lost the harddrive have the password?
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    Missing: hard drive containing Bitcoins worth £4m in Newport landfill site

    the more I think about this, this is not even close to being a hard problem. If there were real gold underneath that trash dump, I guarantee you somebody would have already started digging.
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    Missing: hard drive containing Bitcoins worth £4m in Newport landfill site

    he should organize a party and share half with his co-diggers, if they find it.
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    Nikkei 225 short trade journal

    Druckenmiller was recently saying that Nikkei is seasonally very strong between Novemer and March (or maybe May) and that it's a no lose trade with a weaker yen and the seasonality. Apparently even during the massive Japanese bear market the Nov-Ma period was still a winner. You can find it on...
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