FOREX TRADERS

[Worn_Buffet]

Eidt: A loaded ? 4 sure....guess it depends on how YOU feel about it....but since ya asked I'll bite...

no one can take an MBA away from ya.....if later on in life ya find trading & or the mrkts aint for you...the MBA should serve ya well. Same is true of course if you dont change your mind.....so no harm at all in obtaining the education.

On the other hand....there'e no substitute for real life experiences....doin it typically gets ya more educated at a much faster clip....no doubt. Kinda like what Trump (like him or loathe him) has been known ta say on the matter....tho as I recall, he also is all for the education.

Tuff call & is a very individual question...& I don't really know u well enuff to feel all that good about sayin what may or may not be best for you....but thx jus da same for askin my opinion...mighty nice of ya ta want my doomarse opinion.

As for me....I just got a simple BS in Biz (Cal State Hayward....tho they've since changed their name to Cal State East Bay) w/a minor is Small Biz & Entreprenurial Mngmt....think it was back in 89 when I finally graduated...I was on the 5.5-6 yr plan....2 yrs at a local Jr. College b/c I was teaching (tennis...I was a certified pro & taught at a local club as the Asst Pro) my way thru college & needed ta keep my overhead down...was also living on my own. It was very tempting to quit school b/c I was makin approx $30/hr on the courts & could easily teach 8-10 hrs/day....tho I pretty much kept it p/t....also b/c I was on the team as well so that took up much of my time during the season.

Anyway, as it turns out I am happy I finally did get the degree b/c now at least I can put that on the reso & not have ta worry about goin back....especially at today's prices....which is why we dump $$$ each month into the 529's....dont even wanna think what tuition is gonna be in 12-15 yrs time.....OUCH!!! tho of course we're hopin for some sorta sports scholarship....both girls do seem fairly athletic....mom was a jock too....she was on the ladies tennis team which is of course how we met...so it seems the girls may have an interest in sports...def the older one....whose beatin up on the boys in 1st grade....they can't keep up w/her whatsoever...running...shootin hoops, etc. it's really funny ta watch all the boys treat her like some sorta kiddy sports star...lol

Anywho.....back to the mrkts....here's another reason why the mrkts need to retrace even more (as if we need another reason..lol)..they wanna unwind the CDS's to the tune of
10-1 as I was hearin ystrdy..from 65.5 trillion all the way down to approx 6.5 trillion.....so that's alotta pain still ta come.....we gotta get all that toxic chit oudda da toilet bowl 1st b4 we can even begin ta talk about bein healthy & movin upwards...at least fundamentally wise. & I don't care if the fed is printen the $$$ to take care of it all....there's gotta be a price ta pay in whichever way they choose ta "fix" the problem. & that's an entirely different matter of course. Are they really gonna be fixen the prob or will they be creating more probs for us down the road w/the way they are handling it? This Kashkouri TARP dude doesn't seem like the right "Puppet" to me....but that's a different story for another day.

I just hope the next regime can put the right folks in place to handle all this so that we wont be creating a bigger snowball of a prob down the road....surely Obama's 2nd term will hindge upon all this no doubt.

OK....break time....gonna take an hr or 2 off...holding sub 350 here.....tho it sure is smellin like a sub 1K Fri.....guess we really wont know til that critical last hr b4 the close....hang on folks...this has the making of yet another ugly Fri :0


Thx for the PM heads up.....I typically dont even check that box...but I will contact ya later on fur'sure.

til then...cheers mah Fren!!



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"Risk comes from not knowing what you're doing."

Warren Buffet