The European countries and British Commonwealth use a blend of Communism and Capitalism (Democratic Socialism). Maybe Capitalism is a failure - more so than Communism.
Perhaps American Capitalism will be replaced by European model of Capitalism.
The ship's hull has cracked. What happens when all the wealth is driven out and goverment takes over everything? U.S.A becomes U.S.S.R.
In a last ditch effort before foreclosure, some people are considering torching their homes for the insurance money.
It's a win-win situation for owner and lender.
Fire up the blow torches.
http://www.youtube.com/watch?v=xNnAvTTaJjM
What scenario will offer a better return? Look beyond the smoke and mirrors. Study the facts, the numbers. How many small biz llcs think that their deductions/writeoffs are smarter than socking it away in tax-free retirement accounts? You spend it on fancy stuff it's gone poof, sock it away...
Likewise, lots of investors finding it hard today to justify their rentals that have been bringing in less than their debt payments for the past 3 years.
1% max is your target max on a big fund account using breakouts.
0.1-0.2 is right for intraday small size trading.
Look at the bid/ask prints, that will tell you the size that the instrument can handle.
03-11-09 09:49 AM
Bears that reversed under 676 will start dumping at 742ish and target is 792. Good luck.
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She is going to dump hard once above 792.