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USO?

Given the criteria listed, I see no difference between America and the rest of the world.

What was this trade based on? Since you hold overnight, and there is still the open question of what might happen to the bail out package, anything could have happened, or?

There aren't many billionaire day traders and for a good reason. The techniques a day trader applies require large amounts of liquidity. At one point the compounding process will cease to work and slippage and spreads will start to heavily work against you. Buffet however could easily invest...

I have shared Prechter's lone voice opinion on a possible deflation. However, he also mentioned that he expects the DOW to move sideways, much as it did from 1962 - 1982. This is really a more likely senario.

EUR/AUD, EUR/NZD are very different for the reasons already stated. Btw, trend traders do no thrive on volatility, they try and avoid it whenever they can. Beautiful ranges, yes. :p

Trading the EUR/NZD is harder than it looks. And no, it is not a trending pair... not by a long shot. Its spread is very wide: 10-15 pips (unless you trade it synthetically), it is incredibly volatile, and it can turn around on you without even the slightest warning (price action will tell you...

outch!

Currencies are not companies. This is the fallacy most make. The fed can lower the rate at which banks lend to one another, but that does not mean that banks will lend to consumers and businesses. That' why its called a credit crunch: the free market is doing what the feds failed to do. If the...

Funny you mention Cisco. POT's chart looks EXACTLY like Cisco's in 2000.

This was obvious back in Nov.

I think you nailed it! If you think about it, there really is nowhere else to go. The model you describe is the perfect solution for anything from education to military drafts. Can't pay for your education? No problem, sign the dotted line below and give your soul over to XYZ corporation...

I doubt that strongly. With 1:100 leverage, you can turn fx movements into something more volatile than anything found in other markets. Unfortunately, leverage is necessary since fx moves so slowly. In the stock market it is possible to still profit without leverage.

I agree that there is more upwards potential on POT, MON, CF, etc. However, POT's parabolic upswings are a bit unnerving to say the least. P/E ratios don't necessarily mean a thing in general terms. You are comparing tech P/E ratios back in 2000 with AG P/Es of today. Such cross-industry...

What do you do to to protect your account from hackers? Even though login goes through SSL, there is still the possibility of having a key recorder/trojan sniff out your password. Any suggestions? Any software recommendations?

What makes you think that rest of the world would come away unscathed if the U.S. fell apart?

LMAO :)

What makes you think that most people keep it simple? George Lane is rolling in his grave.... Hmmm and why are TLs so extremely evil? :) Then it can't have much credence now can it.

Aha, those sub 20 stoch crosses that have been making me money lately must all merely be a figment of my imagination... :D

What is dumb is that your argument begs the question. You just made short&naked's point. GOOD scalpers make very consistant profits. This could be true, but assumes that most traders have the ability to be scalpers (ie. the skill). Try again.