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A friend of mine has a house in St. Martin and he uses gotomypc when he is there. Works fine for him.

The equilibrium point based on market history? Where would I find that data?

He's describing a very typical bull market. I think it is all going to hell within the next few years (sovereign debt is astronomical) but the bull could play out as he describes first.

I agree that there needs to be more of an equity cushion in the mortgage market and then -- and only then -- can it stop being such a heavily subsidized and speculative business. But why would you post a rigid structure 50%, interest only, balloon at five years ... and pretend that is...

Given their aggressive austerity program I would chose GBP.

I am ready for that "scary moment" ... lol. Thanks -- all that you say makes sense to me.

I take it I must wait for those scales to fall and that there is no way to rip them of or at least hasten the process? BTW ... thanks for the comment. It helps to know that it gets easier.

No daytrader can possibly give the wealth effect even a thought.

That is absurd. I have been here a while and I try to stay in the conversation but I am far from a pro. I am marginally profitable and realize that a guy could register today, write his first post and yet have been profitable in a major way for years. You evaluate the substance and be wary...

I agree with her assessment 100%. Businesses have expenses and when you do your numbers all that counts is what the bottom line is after expenses. There are few businesses in the world that can match the return on capital that a skilled trader can generate ... generate after paying his...

Bump

Once you break 500 contracts per month you can start looking into electronic. Before that point don't even bother to spend the time investigating it.

But that is my point. Timing is key in investing just as in trading. Your grandfather did not benefit from an ever upward wealth effect he bought when they were on sale.

I have read that if you bought just before the crash it took you till 1954 to get even. Given that those who do the numbers are usually trying to put the best face on it, my guess is that scenario represents the Dow or some other grouping of strong companies -- not the average company. My...

You have the equation backward. Decide how much risk you are willing to assume and then back into the return that will generate. If it turns out that for X level of risk you will generate a 4% return and not 6% (about $650 monthly) than lower your expectation. Right now you can generate a...

No one, including the us, goes after any of these dirt bags in a consistent and sustained manner. The entire freakin' thing -- as with most things today -- is completely out of hand. We are on the road to hell and the assholes that are in a position to make a difference simply do not care.

There are quite frequently selling stockholders in addition to the company and the managing underwriter frequently works with a "Green Shoe" which is a form of over allotment which allows that syndicate manager to short stock against the box -- the box being the option he has to cover by buying...

Interesting thread. One of my biggest concerns as a struggling trader is that as I look back on my successes in life ALL of them were pretty quick and easy. I've been in business since my teens and have had my share of failures as well but the successes I have had have all fallen into place...

Clearly your point about the decline of empires being a process that is difficult to date and time stamp is correct. Because of that I think it becomes easier to protect yourself (I assume that is what you seek -- to survive and even prosper) if you leave some old paradigms behind and try some...

Agreed ... no other way to proceed. I would add just two additional points: 1) Have them use a Fed Wire NOT ACH. 2) Continue to call them until you get a Fed wire number. Each wire is assigned its own number and it will help your bank track it if needed. Most banks will not even...