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If you have cash and can afford tying it up for a long term it might not be a bad idea to buy some distressed properties right now however that depends on the local market. I live in Atlanta and there are some fantastic REO deals on the market right now and you can buy bulk in cash and get some...

My family is in ship building business in China and 2008 was an absolutely horrible year. However rates have been picking up across the board ever since the start of 2009. The actual shipping rates are much less volatile than the BDI represents.

It's a dying product that tracks absolutely nothing. That's why no one's buying or selling those sh$t. Just take a look today which is an index release day. However the up shares is still at 26% premium. The scammers at macroshares can spin the inherent flaw of their product design into...

CL curve has been in contango since last year and by its prospectus USO can only hold front month futures. Therefore it's losing money after rolling each month. Same thing if you are holding front month CL long term. It's a price to pay if you don't want to deal with the illiquidity on the...

The problems with Shiller's home price indexes are 1) it's heavily weighted toward two metro areas: NY and LA, while leaving other important metro areas underrepresented. 2) it does NOT take into account new home sales, creating a sample selection bias. Therefore changes in Case-Shiller does not...

You are dumb if you believe that the Chinese economy is anything less than a massive ponzi scheme fueled by rampant lending. The 8%-blah a year GDP growth figure, assuming they are not made out of someone's ass, is mostly due to skyrocketing real estate prices which are going out of control. And...

Less than 4k to go with 5 months to spare! Congratulations on your very nice performance and even better risk control. Keep up the good work!

Glad to see a fellow long-term position player here! Looks like more people are flocking to day trading and high frequency trading by each day and it's people like you who are proving that position trading still works great!

10.5% over LIBOR are you f**king kidding me? How the hell can they pay 10.5% when they can't even pay 1%?? And these are secured financing? Holy mother of Jesus whoever's financing this is getting a sweet ass deal. Time to short the dumb-retail-induced "rally" if any.

Some trolls here on this board are clearly plain idiots and have no idea how to trade. This guy is doing you people a great favor. Do you know how long it takes to calculate a multivariate inverse PDF? Do you know what models he uses and their assumptions? You people have no idea what he's...

In China, the "stealing states secrets" charge is given to those whom the government wants to deal with but can't find a legally acceptable ground to act on. They were usually handed out to human rights activists and Chinese correspondents of foreign newspapers (several guys from NYT got hit)...

Good job indeed. Those charts should be very helpful to those who know how to use them. I used to do something similar deriving implied prices using option pricing models and I find it very useful. Have since then moved to position trading but I'm very glad to see someone willing to share this...

Someone steal his blackberry please! <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/vmEErhy7AIc&hl=en&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed...

Of course. Reasons are: 1) liquidity 2) no rolling issues and can therefore be held longer term 3) dividend

Take a look right now. The up UMM shares are already at a 30% discount to NAV only after 5 days of trading! Seriously, how could the SEC approve these crazy "ETFs" in the first place?!

As I have said earlier these "products" are pure scam/ponzi/casino that will track absolutely NOTHING. The design of the product (shifting treasuries back and forth between trusts) is fundamentally flawed and does not allow any form of arb to ensure prices stay close to NAV, even on the NAV...

Whenever I read in Western media that Chinese lending is "recovering and is gonna lead the world out of this mess" bullshit I laugh my ass off. The loans made by Chinese banks are mainly directed to government cronies who never intend to pay them back. You will only get a suitable loan if you...

I guess I'm the only weenie here with my used 2002 Toyota Corolla...well 80% of my poor Phd classmates drive Toyotas anyways. Switching to a bimmer M3 soon...just went for a test drive and that is one sweet ass ride!!

You need to seek counseling about your issues of assholism and misaligned sexual orientation.

Neke, On the first page of your journal you mentioned splitting your account. Have you given that another thought now as a possible measure to reduce overall capital risk? For example 1/3 stays in your original strategy, 1/3 goes to strictly automated trading, and another 1/3 that follows...