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    GDP comes in at a pathetic 0.5%, all those printed trillions and still nothing

    I hope that those central bankers have an accurate growth model for a decade of ZIRP. Common sense is telling me that the boomers may be reaching a tipping point here. After years of ZIRP and seeing low equity returns recently, I think they may start seriously cutting back on spending. They are...
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    Will the S&P go to 1000 or 1200 ?

    If the mythical PPT (the big boys using free FED money) really wanted a rally this month, they would pull their support until we're below 1020, then go back to the usual game. That would satisfy the technical retest. Then they might trigger a real rally to 1200 into the year end with all the...
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    Most people who buy and hold for their retirement, seldom lose money in the long run?

    The "long run" has sure been great in the recent past. But if you had asked somebody in 1982 who had retired in 1965, he'd have told you that the market was unchanged over those 17 years while inflation had more than doubled general prices. So much for a comfortable retirement. :) Arch
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    Bubbles : government intervention is needed

    Concerning the grains, it doesn't take a huge shift between the supply and new demand to cause a large price increase. In the book "The Theory of Political Economics" by Jevons in 1871, this supply/demand shift is discussed. The author quotes studies by Gregory King in the year 1696 for the...
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    I went from $7,000 to $52,000

    I'm sorry to hear about your unfortunate turnaround. Hopefully you have learned from the experience. If your account was up from $7,000 to $52,000 in 2007, I do hope that you set aside some money to pay the taxes. If you had profits on closed trades in 2007, then your losses in early 2008...
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    stocks that do better to bear markets

    Like Bogan7 says, there are a few bear ETF's that will negatively correlate to the indexes. For example, DXD, Dow30 MZZ, MidCap400 QID, Nasdaq 100 SDS, S&P500 TWM, Russel2000 Arch
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    I am buying 23 k worth of physical gold coins

    The discount will only get bigger over time. According to the prospectus, the fund's expenses are met by asset sales. Hence, each share will represent less and less gold over time. http://www.streettracksgoldshares.com/pdf/streetTRACKS.pdf Arch
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    I am buying 23 k worth of physical gold coins

    I agree with Anek. If you really want to have gold exposure then you should buy an ETF such as GLD. This is the cheapest and simplest way to have gold exposure. Each GLD share will be worth approximately 1/10th of an ounce of gold. You should only buy coins if you feel that the whole...
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    IB account protection for non-US customers

    If your shares are in "street name", then you are merely the "beneficial owner" of these shares. In fact, I do believe that you are basically an unsecured creditor of the brokerage. They owe you shares, instead of money. Just like a bank deposit, the broker hasn't given you any collateral to...
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    Why is Shanghai immune to this decline?

    Overnight, the Shanghai Composite Index rose 1.48% to yet another record at 4628.11! Definitely no credit worries over there. Arch
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    What caused the '87 Crash?

    I have to agree with you 100%. However, you give no insight into the true trigger that led "sellers to become very aggressive as opposed to buyers". It's like saying that the secret to making money in the stock market is to hold stocks while they're going up and let somebody else hold them...
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    What caused the '87 Crash?

    What is a Phase 4 chain reaction? Doesn't that happen when one of those "bypass flux capacitors" fails on StarTrek? :D Arch
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    What caused the '87 Crash?

    Yes. Treasury Secretary James Baker III made the statement over a weekend that the US was prepared to "let the dollar slide". There are a few who directly blame his mouth for the debacle. Tudor Jones, Jim Rogers, Sperandeo, to name a few, have been quoted saying as much. Whenever Baker...
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    Why is Shanghai immune to this decline?

    Can anyone give any concrete reasons why the Chinese markets refused to participate in the global market correction this week? Shanghai is still hovering at all time highs. Even Taiwan, Korea, and Japan joined in with America and Europe on the downswing this week. Other than the...
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    Buy or Sell?

    If the volume is 10,000 shares, then 10,000 shares were bought AND 10,000 shares were sold. This constitutes an EXCHANGE of 10,000 shares. I don't see where the factor of 2 fits in. It's not the number of buyers or sellers that matters. Each share or contract traded has a single buyer and...
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    I'm a victim of serious online fraud at brokerage

    This sad story seems to be similar to an old fraud case. The words TD Waterhouse, trojan, fraud, SEC, keylogger, all appeared in that one too. http://www.theregister.co.uk/2004/05/06/cyber_stock_swindler_jailed/ I wonder if the broker helped the victim in that case or if he was on his...
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