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    Do You Think Trading is Gambling?

    Hey, riddle me this...What separates a losing trader from a losing gambler? Correct me where I'm wrong, but.... When Trading, one doesn't need to be "right" about a given outcome, but with Gambling, how can you be wrong about the outcome, but win the bet?
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    Cheney Says Nuclear Attack Will Happen During Obamas Term

    LOL!!! That last line is funny. He's right, a nuclear attack is inevitable during the Obama term..Only it will be by the U.S. and or Israel....
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    Where does destroyed wealth go?

    another thing that happens is money dries up. People no longer lend or invest. People who need to sell must sell at a significant loss which deflates an asset. Those who are well capitalize hoard their cash which cause markets to dry up. It's a psychological effect in many ways. If a lender...
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    Taxes under Barack Obama for futures

    How can somebody say a tax refund or rebate is a cut? A tax cut is a decrease in the marginal rate. I get so sick of hearing this guy say he's cutting taxes for 95% of americans. All politicians suck big corporate balls! But My GOD, most Americans are too stupid to vote in the first place.
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    the scary thing is

    I wouldn't think so since the BOJ always wants a weaker Yen. Japanese exporters aren't happy about a rising yen. This global recession is going to hit them hard. The Japanese are totally dependent on exports.
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    The Barack Obama bubble:

    Barack Osama has a 4 to 1 spending edge over John McCain and a similar advantage over Hillary in the primary.. It's no wonder Media is hauling water for the guy.
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    Bailout Bill....Tax Break for Wood Arrows?

    I believe this is for an Oregon Democratic Senator. But I forgot is name.
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    LIBOR OIS Spread? any insight

    I found the current spread to be 250bps. But correct me if I'm wrong. Either way, the spread is over 200bps. as of last Friday. 1. What's the normal spread for LIBOR OIS ? And how useful is it for individuals to follow.
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    'Breakthrough' reached on bailout deal

    I wonder if this deal still includes the provision of having not less than 20% of all profits in the sale of trouble assets going to groups like ACORN and La RAZA. Which are democratic lobbyist and are under investigation for voter registration fraud..LOL! These community activist groups are...
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    Repeal FASB 157!!!!!

    Can someone explain to me why this has not been brought up by any of these two candidates. The minute they repeal this rule the Dow goes to 14K. This is the main cause for all these write downs and loss in stock values. I don't see the benefit for these new accounting laws anyway. A mere...
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    Evan Bayh is Obama's VP

    Inside sources tell me it's Sam Nunn.
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    Is the European Union doomed?

    :D :D :D
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    Why Didnt Russia-georgia Battles Have Any Market Impact Today?

    I think the geogia battles did have an impact on the markets. Equities and the dollar rallied while oil plunged.
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    Spain, Ireland `Thrown to the Wolves' After ECB Move

    God Damnit! Why can't congress eliminate this STUPID ethnol mandate! It just seems to me, that with all the credit defaults, and banks balance sheets taking major hits, they're all flooding into other dollar denominate assets. The dollar is weak so you can't go there. Stocks and treasuries...
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    Will the market crash on Monday?

    "The market has reached a worm hole". bwaahahaa!!! Nice touch!
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    Buffet doesn't see a credit crunch

    Granted Shoesshineboy, I didn't mean to imply Warren Buffet was lucky or unscrupulous. Just trying to point out his misrepresentation of the tax code. The annual salary of his secretary would not equate to a 30% tax assuming she made 60k per yr. I wasn't quite sure on his actual salary but, I...
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    Buffet doesn't see a credit crunch

    I think some of you guys incorrectly assume having great wealth equates to higher intellect. And I strongly disagree. I could think of plenty examples which show the exact opposite. The President of the US for example isn't considered the sharpest tack in the bunch. But he's quite wealthy. My...
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    WTF Fox News Snubs Ron Paul

    Ron Paul is a piece of GARBAGE!!. He was exposed as a racist in 1996, and his association with Neo-nazi and the Neo-confederates proves it.
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    It's time to get rid of misconceptions in trading

    Correction, It's "Trading is a hard way to make an easy living"
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    You know Ben is going to cut 50 bp

    That's a good question. I see the potential for a larger cut also, maybe 75-100bps. Why would they only cut 25bps?
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