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  1. M

    Once in a Lifetime - American Consumers' Dealers No Longer Dealing Dope (Credit)?

    It's not reality, it's your personal delusion. Last time I looked shareholders in companies "most responsible for the inefficient spending orgy" got their head handed to them on a plate. They lost trillions of dollars worldwide as financial and housing related share prices crumbled, likely...
  2. M

    Short US Steel Maker

    Closed out most of my steel/material longs with losses the past 2 weeks. Congrats to all shorts. Still long ZEUS GNA X. Selling X tomorrow at a loss, holding ZEUS and GNA but will likely also have to exit soon.
  3. M

    Sell All Rallies 8-12-2008

    You notice how you sound like a clone of stock_trad3r? Rationalizing how your bet can not possibly go wrong. Got a plan B lined up? I didn't think so. When do you know you're wrong and have to exit the trade? Oh I forgot, you are never wrong so you never have to exit losing trades.
  4. M

    Sell All Rallies 8-12-2008

    And yet the economically sensitive US small caps in the Russell 2000 are off by a mere 2% YTD. Doesn't quite fit with your 'the sky is falling' theory now, does it? :confused:
  5. M

    Sell All Rallies 8-12-2008

    Almost. We both attend the same college in the day and share a 386 dorm room PC, that's why.
  6. M

    Congrats Fed! Maybe CPI Will Heal Itself: Inflation @ 9.6% Annualized

    Believe it or not, the Fed is just reading the bond market when they say CPI is set to moderate. 10 TIPs vs 10 bonds are predicting a five year low in CPI expectations of around ~2.2%.
  7. M

    Sell All Rallies 8-12-2008

    What if you're wrong? You will average in all the way up? Of course you will.
  8. M

    XAU vs Gold...Question

    $XAU is an index, you can't trade it directly. It is optionable though. The corresponding ETF is GDX which trades around $37.35 right now. That would put the ratio $XAU/GDX to around ~4.0. A GC point equals $100, so each contract @ ~835 (Dec) equals approx. 83,500 (interest excluded). Simply...
  9. M

    Sell All Rallies 8-12-2008

    LOL Yea right, the reality is it was a major housing recession and is called the S&L crisis for a reason.
  10. M

    Sell All Rallies 8-12-2008

    The market feels as if everybody and their mom is short the same BS stocks and they simply ramp on every down tick in CL. Homebuilders, regional banks, restaurants, retail, gaming, media. To think these paranoid short covering frenzies are simply over tomorrow is downright naive. We have no...
  11. M

    Sell All Rallies 8-12-2008

    Did the market need a growing job market in 1990/1991 as crude oil was cut in half and the market rallied 20%?
  12. M

    Sell All Rallies 8-12-2008

    Up to where should I sell all rallies? 1350? 1400? 1450? Whats the stop? Oh no stop needed right? This is a 100% dead sure bet?
  13. M

    50% retracement in major commodity prices

    Here's a longer term chart
  14. M

    Ban The Fed Money Supply Monopoly, Allow Dollars To Trade In The Free Market

    Abolish the Fed, let the market take care of it. Please, also abolish the police force, firefighters, hospitals and the military. Also stop building roads and bridges. Let the market take care of things. Free markets are always better than organizations run by the government, it's a fact of...
  15. M

    50% retracement in major commodity prices

    Unit labor costs and productivity do not show any secondary price effects (in the US, not so in Europe). US GDP is below trend growth and probably will be there over intermediate time frame. Plus, credit dissemination into the corporate and consumer world has been dealt a crushing blow. At...
  16. M

    HUGE (ES, YM,DAX)SELL-OFF tomorrow, August 6th...read here...

    Haha What a clown you are. Short right into strength right? It worked 9 times in a row so it must work the 10th time! If it doesn't, just add to losing positions!!!! I hope you are ready for a huge painful lesson that the market will teach you one beautiful day.
  17. M

    Financials Relatively Weak To Huge Rally

    Philly Bank Index +3.6%, SP500 +2.4%. Banks are outperforming today. Case closed.
  18. M

    Financials Relatively Weak To Huge Rally

    Weak? The Philly Bank index gained 32.5% relative to the SP500 since the middle of July. It's outperforming the broad market by 1.3% today.
  19. M

    Best Chart Provider

    1. If you just use Ninjatrader to chart and do not wish to execute trades from within its platform then it's free to use. If you wish to use it to execute trades, you have to pay. 2. Of course you have to pay for a data feed. If the cost for a charting platform and data feed fees are...
  20. M

    New USD bull market or sucker's rally

    If the $USD (dollar index) closes right here or above at the end of this month then I'll go long.
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