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  1. M

    300 points drop today?

    Oh please.. keep the manner for yourself ! I 've never seen a moderator had such an arrogant attitude and would treat reading reasonable opinions from member as a waste of time... Ya... you've been wasiting time here...not only yours, but mine.
  2. M

    300 points drop today?

    Then you, as a moderator, should put a sticky thread with your "thoughtful" rules on top of the forum so members can stick with them when posting. A moderator that does the right job is always more welcome than those who remove/move people's threads with an atttitude.
  3. M

    300 points drop today?

    Maybe you, who want to be a prudent moderator of this forum, should consider telling those people who call names and call people MORONS to move to other forums first. Giving such an attitude to someone who tried to share the results of his insight during the trading session with the fellow...
  4. M

    300 points drop today?

    hahaha... funny. Dude.. all you need to have in order to be a profitable trader is a good sense of direction of a market.. I am not here to tell what level, value of whatever... most of the time, those are more bullshit than anything I said in this thread. And who said one has to give the...
  5. M

    300 points drop today?

    How? A thread is worthless only if there is no discussion...
  6. M

    300 points drop today?

    What you said is possible too...But when I read closer to the lunch time actions.. I think we will see lower level later today..
  7. M

    300 points drop today?

    What make you think I won't react to it???
  8. M

    300 points drop today?

    Very possible.. I think.
  9. M

    need to obtain seed capital

    First depends on how big of trading capital you are looking for. Second, With a min of $5000-$10000 initial capital in a trading firm account, you should be able to borrow margin and have enough trading capital for you to start small....To me, $25000-$50000 is already a good enough account...
  10. M

    Can you collect unemployment while trading?

    Yes, you can... unless you file 1099 for yourself on the trading practice as a self-employed trader and recieve EARNED income from the job.
  11. M

    Am I a sucker like Buffet and Lampert in going long the banks/financials?

    Nobody knows if this is the best timing for financial stocks and nobody knows how long it will take for them to come back. Even the P/Book ratio of the bankers show extraoridinary bargains, my appoarch is to avoid them until the dust settle more.
  12. M

    Chicken Little, or not, RBS warns of CRASH !

    Very true...
  13. M

    Head and shoulders all indices?

    What the hell is this all about? TA doesn't work on indicies???? Really not sure how you look at it but TA does work on indicies for me...
  14. M

    Banks JPM and C

    As long as the GS's rumor, C's dividend cut question and and LEH's trouble are looming around... there is not much of room for the bankers to move up... short GS can be a good choice as it did not come down much since the crisis...
  15. M

    Apple on Monday

    I think Apple will get it right this time . They need market share so they have to price the iphone at a much lower price point this time. I don't buy a $600 cell phone. But I have no problem with the $200 ones ( maybe $100 with a 2 year ATT contract...). .. With the iphone, Apple has just...
  16. M

    We are in a bull market - this is the greatest time to buy ever

    Ok..anything is possible in the market... Who could accurately predict that the oil price would jump back to 137 just in 2 days when it was 125? So, what you said was not impossible. My wild guess is.. if the market is coming back later in this summer or in the 3rd quater, S&P may go back...
  17. M

    Pissed

    My thought is .. would you consider something else besides of scalping? The reason is.. the cost of the volume you trade everyday is big enough to consume more than 1/3 of your profits. But wihtout the volume you won't be able to generate the profit level at all. My guess is you must be...
  18. M

    What are realistic goals for an 18-year old swing/position trader?

    Why not? If you can afford to lose that $1500.. I am sure this will be a great learning experience for you. You won't really learn the real thing until you are trading the real money... so go for it. Mentally treat this as a short vacation to the wallstreet wonderland and the cost you will...
  19. M

    please vote here

    Italy is always the best... ( after Brazil)
  20. M

    OK, I Quit. Trading is Too Tough for Me

    Well. I found positive thinking won't help in trading most of the time...facing reality is more important ( at least to me) so that I won't give myself any false hope when I execute my exit stratgey...
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