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Well lets see..... Real estate has deflated and is tame without a bottom falling out. Wages are finally starting to reflect some growth with the release of latest numbers. Commodities are crashing. Cost of materials going down just as Bernanke stated in his thesis last meeting. Just...

IRA for me is an INVESTMENT Retirement Account. Investing is investing and trading is trading.

Not if you remain the self-admitted bad trader you are now. Admitting the problem is ALWAYS THE FIRST STEP (and most difficult in my opinion) and simply just the FIRST step. It's the course of action you choose to take after this step that will define your success or failure. Many people...

I watched the whole thing on CNBC as it unfolded live. I called back and forth to my wife at work and gave her updates as the Twin Towers came down. I will never forget that day and it's as clear as yesterday. I will never forget where I was on that day as I have never forgotten...

In my experience, if you're TRULEY relying upon more than one strategy and more than three indicators...... You're probably overkilling and all the extra bells and whistles are doing is flushing/scaring you out of trades/positions and just contributing to paralysis through analysis. This...

AMEN BROTHER! You only have to do what you HAVE TO do.

Cry me a frickin' river. You sound as if you're the only person that ever had to work hard and in uncomfortable conditions. Try framing houses (before pneumatics, yes with an old framing hammer) or working on a roofing crew in the southern U.S. for, oh about $8 bucks an hour (but we won't get...

Ask people that train themselves through legal means to beat a game and get asked to leave and never come back that question. In other words, we only want people that are stupid or addicted to frequent our facilities. If you are intelligent and under control, you are too dangerous so we (the...

YTD 2006: Up 14.3% (FUM 530k) max draw 1%

No, they print money out of paper on a press. It really isn't as mystical as you make it seem.

Hydro, You just proved my points in your last post.

Yeah, all those consulting companies and divisions of companies such as IBM don't make money either. You are a fool if you are equating wealth/prosperity and economic strength with the amount of material resources consumed, manipulated and sold. You also fail to take into account the...

Oh really? How many U.S. bond issuance's of the last 10 years had a hard time being digested? Hydro, do I also need to put you in the stagflation camp in regards to the latest economic conditions?

It all depends on your time horizon, positions and outlook. Don't know if you know this or not, but the markets will be here tomorrow, next week, next month and next year. Today's action is but a grain of sand on the beach.

Would it not be "smart" to just keep printing "worthless paper" if other countries are happy to exchange boatloads of goods and services for them? Now, if those countries (our trading partners) suddenly realize that, "hey all this crap is just paper not worth the paper its printed on" and...

Sort of like is it probable that life exists somewhere else in the universe? Well many, such as Carl Sagan, say yes and think its pure egocentricity at its best to believe anything else. Now, will it ever be proven, most probably not in my lifetime and with all the information given to me I...

THANK YOU!!!!!!!!!!!!!!!!!!!!!!!!!! Some of this thread's participants would be well served picking up an economics 101 book. Take it further by saying that dollar devaluation is a good thing and necessary for balancing trade deficits. The countries that send us boatloads of goods for our...

"With the formation of the privately-owned Bank of England in 1694, the yoke of economic slavery to a privately-owned "central" bank was first forced upon the backs of an entire nation, not removed but only made heavier with the passing of the three centuries to our day. Nation after nation...

I think Ripley you are arriving at a good place psychologically. If this is true, your steps from this point onward will probably be more important to your trading efforts than all the trading efforts you have put forth to date. There's a reason military boot camps are so rigorous in their...