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I would say BRIC nations are on the growth momentum. India is supposed to be growing by 7-9% annually. Brazil is also solid. BRIC has become the third main economic cluster after NAFTA and EU. :D

'it's more like republican corruption and incompetence. Time to pay the piper for 25 years of your republican deficit spending + govt. growth.' Republicans are not the only one's to blame. Billy Clinton started the housing mess by encouraging the sub-prime mortgage schemes so that even...

While others are predicting recession and then slow recovery, this gentleman is pointing out to OUTRIGHT BOTTOM FALLING OUT on the US and Global economic engines. This is spooky stuff. He points out to alternative energy as the growth sector but then what is the use of energy when industries...

Guess 49% program trading leaves a little magic for retail end day trader. Guess position trading is the only way to go. :D

I see their logic. Only NRIs are allowed because they might have the use for rupee holdings later on. But an American citizen say like John McCain would not have any use for Indian rupees. So when Indian government does not allow the reexchange of Rupees into USD then the investor is...

I would check with IB directly and throw lots of questions to them. It does not sound practical to deny non-NRIs a chance of investing.

'It would be extremely sad to think that Palin is the best the Republicans have to offer.' No wonder US is in such a bad shape after 8 years of GOP rule. Don't blame it on Bush alone, Republican thinking in its basics is at fault and is badly dieseased. On the otherhand, afer nearly 6...

Did not read the article or the comments by ET folks but would want to point out one thing: Stimulus did keep the banking system afloat and massive unemployment at bay. Without stiumulus package we would have seen CHAOS in the US and the world. I MEAN HORROR MOVIE STYLE CHAOS. If...

looks like it, should be a good short trade :D

'consider putting up $50K or so and use our capital' How much buying power would $50K get with your firm. Is there a minimum requirement to conduct number of trades or one can just do position trading and be content with 25% return for the year.

are you sure about 400K figure, for 15 accredited investors total of 400K does not make sense.

Question is why did not Madoff run away to a country like say Brazil, which does not have an extradition treaty with the US. He could have been charged with voilation everything in securities industry but not tried until he steps a foot into the US soil. Sorry he could have been tried in...

This kid has done it i.e. good performance each year over 3-4 years. But doubt he is using only stocks. Even then the record is impressive and more so when he is attending school and running the markets from the class rooms. :D :cool:

give money into the government hands and they will waste it on many. give money into private hands and they will splurge it on chosen few. wonder whom to give money to and be in peaceful mindset? where is the world heading to? what system to adopt. although i still have lots of...

Wow! i was thinking this guy will be beating everyone left and right and here he is sitting on 90% drawdown. Seems he forgot the basic rule of the markets that 'Price is the Master, and a Trader needs to follow the Master'. Cannot develop ego and opinions and stick to them. As soon as...

good article, however blaming the oil prices soley on GS is not right. there has been an increase in consumption by BRIC nations, the global economy was overheated until the US Financial Mess brought everything to very slow pace. While houses like GS do have the ability to sniff the next...

'no feeling, no emotions, just pure analyse.' right said, one older trader whom i had lots of respect for used to say the same thing..........watching the market tick for tick you end up screwing your own trade. Bottomline is if the system or strategy works then let it run on its own and...

Can't believe that someone who piled up $120M odd in the hedge fund had to close doors. Now with newsletter, even with $200/year business, he would need 10,000 subscribers equal what he was charging 2% management fees for the hedge fund. :D

Madoff also had credentials and name in the industry being a former Chairman of NASDAQ (i think). To add to that consistent 10% a year, the name gets around. Also his investors were made to believe that Madoff knew some inside tricks of making riskless trades on the exchanges and thus his...

Be careful of what you choose as a career. Quant traders are a disappearing species as most of the trading is being taken over by computers and algorithms in the big houses and banks. :D :cool: