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Hey...pls tell me u knew the cAt was actually a human :0
u really need ta start reading the board.....
for other than mention of your name ;)~
I'm gonna be gettin TONZ of enjoyment oudda that comment for quite sometime ta come....hehe
my pleasure....anytime....I hear ya...was steam cleanin the carpets ystrdy & wadda ya know, found a buncha Halloween candy wrappers tossed behind the couch....lol
Hey, if that's the worst I gotta worry about....we got it made :))
Just found this.....found a better thread than that Club Conspiracy Forum...which was a complete waste of time....nothin but a buncha paranoid delusional religious Zealots....much to my surprise. Guess they hang out there to try & get people like me to change their views....lol
Kinda simplistic for folks that hang out here but maybe a Newbie or 2 may have an interest in viewing this.
http://waronyou.com/forums/index.php?topic=1176.0
& be sure ta check your IHub mail.
At least 15...prolly closer to 17 yrs for me...& bein that I'm pushin 46 I think it's safe ta say that I'll NEVER retire. That was our choice...to squeek by on a school teachers income so that our kids could have the luxury of at least 1 f/t parent at home w/em @ all times.
The flip side....payin for life on the credit cards trying to keep the balances from goin up at a horrific clip. if not for the last coupla yrs it wouldn'tve been so bad....but now it's gettin to the point where I aint so comfortable w/our finances....almost up to 25% of our annual sal in outstanding debt :0
It's really too bad we live in a society where unless one spouse makes 100K, both must work to even be able to consider saving some for retirement. I suppose we could move to South Dakota or somewhere like that...then again she'd be making less....what ya gonna do?
I figure by the time I gotta go get a job (approx 2 yrs from now), most of my 1st yr sal will go towards payin off the cc's.
OK....I've decided that the trickle down principal does indeed exist.....1 mos comin your way Nettles....& don't thank me....give the nod to Jester....& my Sun AM venti quad Sbux.....seems ta always put me in a good mood...ziiiiinnnng!!!! ;))
& yes, the glass could be 1/2 full I suppose....
& Jester..thx again for the Hall Pass....I couldn't even begin to operate like this w/the Hobo acct.
Careful on the clean room thing....sounds like there's soon 2 b either a favor asked, something negative occured & or money needed....could be all of the above too...guess it depends on how long the room stays clean & the time it takes for him to tell ya what's on his mind......I'm sending positive vibes your way....lol
Pancakes w/initials for us...ala Worn...hehe
The French....they hate us so (as we do them) yet they seem to wanna be just like us....me thinks they are actually jealous...of what I haven't a clue?...lol
So u do not think the overall quality of life for the ave citizen will go up?
I feel that eliminating the household overhead of healthcare would greatly increase our collective quality of life....not to mention the pshychological burdon of the finance factor being removed....can u imagine what this would do the stress level of those who are sick.
I'd argue that that w/this burdon lifted, our productivity would actually increase....less sick days...both mental & physiological.
& Billary's HUGE mistake back in the day was allowing the medical industry to stay at the table when discussing/proposing a nationalized healthcare system....now how on earth can this be done when the root of the problem is being included?
So sad that our politicians can't get their act together on this matter....seems it was no big issue in europe when formulating their system.
Yankee bureaucracy & thus lobby....draggin us down further & further...sad. Until we as voters ban together to change this....our nation will always be profit b4 people. :(....
The ? should be....why should Dr's even have to pay for Med school?
A college education is FREE in most eurozone countries.
Have I said I LOVE this thread lately?
Lotza good posts here...still catchin up....but I love the conversation.....good pts raised by all....as always.
Some Sun pre-mrkt food for thought.....
if u happen to have 38+ mins.....
Bill Clinton @ Zeitgeist '07
I now have a lil more respect for him.....
sending MY spell ck program your way ;)~
& note that there's a diff between a typo & mispelling :0
I agree in that the pendulum needs to swing the other way for awhile....in fact I would argue that it needs to swing more the direction of what Nader/Gonzo has been preachin.
On the welfare & natlz'd healthcare front....
welfare....there will always be folks who take advantage....that's 1 of the costs of a democracy...however, especially in these times, there are wayyyy more folks who actually need it & going to be needing it for quite sometime...thx to the continued suppression of our society by the powers that be....they are keeping us right where they want us...& even more so under the bush watch.
W/re to healthcare.....the system we have now sure aint workin (hasn't been for quite sometime) so I'm not sure what would be worse right now....the problems Germany is facing or the fact that most folks can't afford to get cancer....many forms of which can be dealt with if caught soon enuff....breast, etc. Ask yourself this question...where would you rather get a serious, life threatening disease, illness.....the UK/Canada or the US? Most folks can't afford ta get sick....& that's sick.
There's never an easy way but I think it's safe to say that the way we've been lead surely aint the path to remain on. Healthcare needs MAJOR reform...that much I think we all agree with & I am not so sure that anything is gonna be changing all that much under the Obama watch.....his only job...to not make it worse....which would be hard to do. & that's not a very good yardstick to have imo....we should demand & expect better....waaaayyyy better.
Dont get me wrong....I consider myself to be a capitalist at heart....just not a raging one....lol We've forgotten those who've been left behind is the problem....those who've capitalized & have done well under these conditions should be ponying up more than they do.....heck, these folks are the one's who've been given all the loopholes...which is yet another reason y they've done so well. Bottom line, the folks who can afford it are the one's who shouldn't be given all the loopholes...from corporations to the individual...that much is obvious...at least to me.
The bad thing about capitalism...too much will never be enough :(...
However as I like ta say.....captialism is the price we pay for democracy...& from that we get hypocrisy.
& damn if our "democracy" is gettin more & more expensive. I say this b/c I really dont feel as if we have true/pure democracy...at least not to the extent that Canada does. In the US...if you aren't polling at least 15% your party is not given a voice in the Natl Debates.....& we have the audacity to call ourselves a democracy....wadda joke!
Canada allows at least 4 (maybe more) parties to be included in their OPEN debate platform. We yanks aren't goin anywhere's til we at least give other parties a fighting chance. After all, how can ya build upon a grass roots platform if they aren't given = time?
Not sayin they'd win....but at least folks will be able to make more informed decisions & who knows....5% now....8% in 4 yrs, 12% in 8 yrs, etc.
To this day I've yet to hear one person tell me what they dont like about other platforms such as Nader/Gonzo....they haven't a clue b/c the media doesn't give them = time...heck , the media doesn't give'em ANY time....& sadly, folks are too busy & lazy to truly make themselves informed voters. Just listen to the soundbites & vote for whoever ya think will the do the least damage of the 2 parties...ie republocrats.
Funny thing....most folks dont even know what ticket Nader/Gonzo ran on....until they got in the booth & noticed....that is ta say if they even did pay attn while in the booth.
Bottom line, if more folks were to vote their conscience as opposed to their fear, we'd be in a far better place today no doubt.
OK....enuff rant....I'm sure I lost Daiello awhile back....in fact he prolly dint even read this b/c I only mentioned his name once...lol
I think this time is different....& as you said, the dollar
has already been rally mode for sometime now.
Kinda like what I was sayin the other day.....I feel as of late (at least the last coupla q's now) that prices are being baked in much sooner & in turn making it seem like fundi's dont matter..at least not as much as they once did.
Gonna be a tricky transition as far as mrkt dynamics go imo....we really can not rely as much on past performances during times of transition....ie Pres elect periods.
This aint yo'daddy's mrkt as the saying goes. ;)~
My 2 cents....more of a US bear...especially as the mrkts trend higher....tho note I've been sayin this for a coupla mos now...so if you woulda been listening to me as opposed to going long the dow & greenback, you'd be a loser.
I still say nibble short w/both the dow & dollar....& once the charts do indeed turn south.....go all in short baby....you just may make enough to get ya thorugh the next few rocky economic yrs.
Dollar should be at least back in the mid to low 70's & the dow just may make a new bottom.....7200-7500....especially if Jr gets the Iran trigger finger....which is a concern...especially when ya hear Obama sayin what he did w/re to Iran....pretty much the moment he was elected too.
Shhhh...dont tell Daiello ;)~
& cAt....still dont quite get it....if rates are kept high....even considering the fundamentals (which have been for the most part all but non existent over the last several mos I would add) in relation to strength & weaknesses in a specific economy, when a currency has a higher interest rate, shouldn't that help to keep it propped up in relation to that of other currencies w/lower rates?
Thus I dont quite understand why folks (traders as the article said) would be concerned that if the ecb keeps rates high or doesn't cut, that they're worried that the euro will fall? I agree in that based on the fundi's, the euro & all other currencies (especially the dollar) need to all trend lower over the coming mos.
I get the carry trade idea & all that but still aint gettin what was meant by the comment in question?
Doesn't make sense...if rates are not cut, a currency shouldn't have downward pressure b/c of that action....now if u r talkin about the fundi's....sure, but that's not what the article said.
Jester...it's most likely gonna be Oanda.....
reason being....more options w/the micro accts....lower leverage, scaling oudda positions when I want, knowing more so what juice I'll be payin at any given moment, etc.
& cAt.....I hear ya w/re to the dow tanking....especially during the transition period here as the bush regime begins to back off on all the manipulation & try pinning it all on Obama....Obama best be careful how he talks over the next 2 mos...bush can make this even uglier than it is....as hard as that may be to fathom.
So cAt....are ya thinken another 2K or thereabouts off the dow when ya hear all this talk of the mrkts doin the double bottom dance?
Lotz ta say w/lil time....so I'll keep it to the topic at hand.....question w/re to the following...
"concern that the ECB could fall behind the monetary policy accommodation curve and keep rates exceedingly high despite falling inflation-hurting the euro’s prospects against the US Dollar and other major currencies. "
Am I reading this wrong....I'm comprehending this to say that if the ECB does indeed decide to keep rates high, this would hurt the euro vs the dollar. Wouldn't keeping the Eurozone rates high help the euro vs the dollar?
Love the 2 Gypsy vids....rollin rollin rollin....keep dem doggies rollin ;)~
& ya see what happens when ya re-surface....everyone else comes up for air too....it's an epidemic.....a wonderful epidemnic ;))
Happy ta know that Cap has at least been a lurken....but I gotta say....I happen to hate those kinda threads Cap....I can never seem to remember which tab a specific post was put under...guess I need to up the ginko-biloba dosage...lol
& Sherri....it's like a reunion 'round here....good times.
Cheers!!!
tho yes w/re to actually opening & closing positions...
u can still buy & sell but will pay dearly....not rec'd of course as the spreads go waaay up. But Ataglance is right in that as far as the mrkts moving go...they dont til the Asian open on the Sun Yankee clock.
Best advice.....trade no sooner than early Mon to no later than late Thurs/early Fri. Try to stay away on Sun & Fri if at all possible....especially Sun.
I didn't say that....no way...I dont view that as a wasted vote....not at all...ESPECIALLY from a state where Obama had such a huge lead....to the contrary....my vote woulda been wasted if I were to have voted for Obama....I think that's
what I said...or meant ta say.
OK...would ya let me go already....I gotta lil princess all dressed up to the 9's w/a pre-nap time tea party all ready to go upstairs in her room w/daddy.
L8tr....
It's NObama 4 me ;)~
Catch up w/ya's a lil later on....& Jester....Ihub mail call.
Cheers Mates!!
& of course when I said "we have a winner"....that was directed at Nettles.....not Ralph....lol
Truth be known....I'm hopin Gonzo (Matt Gonzalez) thakes the reigns from Ralph one day.....now he's a winner...& someone the youth can really rally behind.
OK...gotta run....back to raisen a better society...2 ankle biters @ a time ;)~
Cheers!!
& we have a winner ;)~
nope/eom
There was famous line every show.....which was "Book'em Dano"
Was a cop show based oudda Honolulu.
Well then...that'll be the price ya pay for scannen me...lol
u gotta wait for someone else ta answer for me....hehe
Tell ya what...if the answer isn't posted by someone else by tonight...say 10p est...I'll tell ya....either that or u can go diggen....it shouldn't take ya too long...lol
Scanen me for your name....shame on you u Egocentric ;)~
Book'em...Daiello ;)~
Thinken tho u may not get the joke there.....Hawaii 5-0 was well before your time...hehe
OK...now I know u haven't been reading me....Nettles will tell ya who I voted for.....or the cAt or even surely the Jester might be able ta tell ya....where have u been all this time?...sheessh!!
& no, I don't mind sayin it here.....cuz I feel I already have on countless ad nauseam rants :0
Fine....ya want me ta call a 87.50-88 top.....done ;)~
Hey...as long as Obama keeps talkin....did ya see what happened to the dow while he was talkin.....gave back approx 100 of the gains on the day....& as soon as he walked off the podium....back up it went....lol
Sure hope he decides ta get a shelter dog as opposed 2 1 of dem designer/breeder dogs....might be the 1st modern day White House mutt....like himself..as he said....that was too funny.
My results (as you saw) w/that level of ammo was consistent...tho I may've had a rough few days...or week, I always showed a + roi at the end of the mos....surely u recall....& I did this each & every mos....at least over 7-8 straight mos.
But I hear ya....e z 2 get cleaned out no doubt....but w/that kinda bank, it's a lot easier than w/the hobo micro acct that's for certain.
So what we thinken.....next stop low 70's...& at what pace...a slow steady bleed or an Obama freefall?
& speakin of which....aint he yappin now?
on lower leverage u lose less thus have the option to ride out donwturns awhile longer....or even add to those positions as they go oudda favor....if that's your style.
I've made it work at Oanda w/20-1 leverage trading micro lots....beg bank of $100....it's next to imposible to lose if
u have 1/2 a clue.....lots more room for error.
Bud...I'm pretty confident it could be done w/1/2 (25K) & @ a 10K beg bank I think one could make a decent p/t living doing this.....then after say 6 mos to a yr it could become f/t $$$$.
I've never gone bust w/a 50K demo....in fact my roi #'s w/this beg bank are a conservative 15-20%/mos.
Lonewolf.....by all means....pls keep us posted as to your FXCM $25 results....would be nice to have all those results posted somewhere....maybe somewhere on a cnbc trader blog?
Not so sure Villas....tho I may've come off soundin as such....that much I'll agree with.
Here's how I feel about it....
A) Hedging....thus not allowing folks to scale oudda positions. Sure would be nice to have the option to scale oudda trades slowly...such is the case w/Oanda....after all, w/micro lots who on earth can afford ta hedge? It's a pointless proposition & actually if folks decide to hedge (straddle) on a micro acct....they'll get wiped out even faster...payin double the spreads.
B) 400-1....need I say more?
C) Spreads changing every millisecond...makes it e z to rip folks off....they see a 1.5 & then think, hey, that's not such a bad deal...only to get into the trade to find the spread jumped to 2.7 the moment they entered...I'd rather play 3rd card Monty in Times Square.
D) I feel I did give the system a very fair chance...even demo'd with it for the better part of 72 hrs....which is yet something else that smells to the high heavens....I did quite well on the demo & I've been using the EXACT same strat w/the live $$$ yet my results have been dramatically different...& I do think much of this can attributed to the fact that on the demo side they've been given me the best spreads...then I go over to the live side to find that I'm payin approx double to enter these trades....& as far as micro lots go, that's pretty much a killer right oudda the gate. It's simply not a fair representation of their execuation...the diff between the demo spreads & live...very shady. Dont ya think it's strange that limit orders are not filled on the live side as they are on the demo side? Try it out & tell me what your experience is...would love to hear someone else try the same thing & see what happens as I did.
I just think they are forcing folks to fail is all. At least those who wanna 1st test the waters w/less than a coupla hundred....thus perhaps this mrkt is one for which they truly don't wish to cater to. Ya gotta admit, who on earth in their right mind would advise anyone to trade under such micro lot parameters? Def goes against all common sense & against everything I've leanred over the past 2+ yrs. I'd fare better in Vegas at a roulette wheel that had 4 zero's on it...lol
Bottom line...the #'s don't lie....they've stacked the odds against ya so much that it's next to impossible to become a consistent winner...as far as their micro side goes. Tho like ya say....if ya got at least $300 then ya might do OK if u have a clue as to what u r doin. Still tho at 400-1 it aint for me....I'd never consider trading w/that high a leverage & quite frankly, I don't know of anyone here who does as well....or has been a consistent winner over the long haul.
To each his own indeed....by all means run'em for all ya can...happy ta hear you & your friend have been gettin good results...keep it up..it just aint for me....not even close.
Cheers!!
OK...warning...I am now in catch up mode....& b/c of the Jester Hall Pass I'm now able to try & make'em short...so I'm def gonna be breakin the unwritten consecutive post rule....unless someone whose here now wants ta try & break up the roll I'm about ta go on....& Jester....pls give me a Fri free pass on the grammer/spelling....& pls find the wormless apple in advance as a bribe (in your ihub mailbox a lil later on).
OK w/the disclosure oudda da way here goes....
good ? Nettles...this is how I see it....it's much like an online sportsbook/gambling acct....indeed, I do not think many (less than 10% & & under 5% wouldn't surprise me either) folks, especially retail accts consistently withdraw (profits) on a monthly basis. Would be a great thing to find out however....tho somethin's tellin me the brokerages don't want this info being released.....would def scare folks away no doubt.
My plan is to withdraw 20% of any monthly profits...tho that wont be happening anytime soon as I'll be trading micro lots & of course most brokerages (Oanda) have minmum withdrawl req's...think it may be somethin like $250 w/Oanda...which would then mean I will have to have a total roi of $1250 once I'm able to even think about request'n a withdrawl...& if their min req is 500....well lets just say on a micro acct it'll be awhile...maybe by the end of Obama's 1st term :0
Having said that.....really doesn't make sense to even try...seems like a waste of money...aka our personal household TARP :0
Will ya stop it already w/the fundi talk...lol
it's throwin me oudda whack here.....up is down & black is white :0
Now will someome pls blindfold me 'n spin me around the bat several times so I can become a better trader ;)~
Aww now there ya go again....
worry'n 'bout da fundi's :0
Hard ta really know what anything means these days. However what ya say sounds plausable to me....ie distributors are indeed preparin for a slow down based on the last mos or 2 of sales & thus as ya say, stockin less....making more of an attempt to scale down w/overheads so as to try & raise efficiencies in prepartion for a continued slow down.
On the auto front....sure hope they dont decide ta throw "good" money after bad....they gotta restructure. I say if folks (the big 3) are gonna be gettin handouts, it should only be under a restrucured plan....after all, when we go to the bank & ask for a loan....if our financial house isn't in order (debt to income) they laugh us right oudda the branch. & here's the rub w/it all.....it's OUR money they're bailing'em out with......tphhfffttt!!!
Aye aye....good way ta put it....& Nettles....indeed, a centerist he be....after all he aint no dummy....if he wants re-election, he's gonna have ta play nice for at least the 1st 2 yrs....& at that do a good job b4 he can even begin ta think about steppin out as far to the left as he may truly wish to.
W/re to the big meeting today....I gotta admit, I am a fan of all 3...Volcker, Rubin & Buffet...as ya know...hehe & it is nice ta see Rubin back in politics again....I gotta admit, it was a blast back in the Clinton days ta be able ta say.....hey, that cash must be mine b/c they put my name on it ;)~
But alas....there's no formal relation that I know of...otherwise I surely wouldn't be posting here w/all you other low life's...lol
& Thx Daiello for the JRB update.....tell'em I said hi the next time ya have a communique. Always did enjoy his company....especially bein that he knew his metals....I too was playin w/the gold on a consistent basis when he was around here & learned a lot from his commentary.
Back a lail later ta reply to some of the posts from ysyrdy....time ta go get da eggo's oudda da toaster......
Finally....Nov Currency Trader is out...
was gettin ready ta ask if anyone here has seen it....
http://www.currencytradermag.com/downloads/index.php
I'll try & reply tomorrow to some of the replies in my direction....taken a lil break...so yes, I have given up....lol
But I gotta say...w/the feline back in action....feels like old times here again....still an MIA JRB tho.
Ni TZzzzzzzzzzzzzzzzz