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Search: Posts Made By: Ps3tn0NcYk
Forum: Business, Finance, and Investing 11-29-2007, 01:40 AM
Replies: 35
Views: 554
Posted By Ps3tn0NcYk
Re: Making a 2+2 trading system

[ QUOTE ]

I'm wondering why you think so. I believe money management is the most important part of a system as your edge is worthless if you bust out. Exits are also more important than entries as...
Forum: Business, Finance, and Investing 11-28-2007, 05:35 PM
Replies: 35
Views: 554
Posted By Ps3tn0NcYk
Re: Making a 2+2 trading system

Start at a base system first.

3. Daily
4. Equity Index (to smooth for unexpected exogenous events)
5. Trade set up is the money engine obv
Start simple and expand from there
6,7,8,9 are all...
Forum: Business, Finance, and Investing 11-27-2007, 04:39 PM
Replies: 19
Views: 403
Posted By Ps3tn0NcYk
Re: CNBC

I saw that too.

Very odd. He looked like he was either having a heart attack or trying to hold back from throwing up. Then, after CNBC cut away to a chart, there was the sound of Bob's...
Forum: Business, Finance, and Investing 11-21-2007, 06:48 PM
Replies: 144
Views: 781
Posted By Ps3tn0NcYk
Re: First good idea

In your estimation, how might the analysis be improved? Specifically, what are your expectations? I demonstrated a very simply technical system using only price and support. The lack of trading...
Forum: Business, Finance, and Investing 11-21-2007, 03:20 PM
Replies: 144
Views: 781
Posted By Ps3tn0NcYk
Re: First good idea

Incorrect. Two answers -- ~$1.50 or ~$4.50. The rest was personal conjecture. Note that my prediction of ~$2.70 is close to the midpoint of the two scenarios and also aligns nicely to where many...
Forum: Business, Finance, and Investing 11-21-2007, 03:10 PM
Replies: 7
Views: 128
Posted By Ps3tn0NcYk
Re: I have an idea:Now what?

I've read some predictions that niche social networking sites are "the next big thing" however I am skeptical as we already have them, they are called message board communities.

Also your...
Forum: Business, Finance, and Investing 11-20-2007, 11:52 PM
Replies: 144
Views: 781
Posted By Ps3tn0NcYk
Re: First good idea

The better play would have been to buy the the DSUP 10.75% bonds maturing 9/15/2008 and short the common as a hedge against bankruptcy.
Forum: Business, Finance, and Investing 11-20-2007, 11:16 PM
Replies: 144
Views: 781
Posted By Ps3tn0NcYk
Re: First good idea

[ QUOTE ]
I don't really believe in TA and probably can't buy more DSUP from a portfolio balance point of view.

[/ QUOTE ]

This is a good example why having some TA skills in the tool kit can...
Forum: Business, Finance, and Investing 11-19-2007, 03:14 AM
Replies: 5
Views: 96
Posted By Ps3tn0NcYk
Re: personal financial planning degree jobs

I did it for a major Wall Street firm.

First year is all about being a "slave" for producing brokers -- which means long hours and cold calls.

I did it in 1999-2000 and found the job to be...
Forum: Business, Finance, and Investing 11-16-2007, 04:17 PM
Replies: 102
Views: 637
Posted By Ps3tn0NcYk
Re: Why are value investor types so rigidly opposed to TA?

[ QUOTE ]
I find it ironic you call TA a coin toss. FA is based on what you estimate to be the intrinsic value of a security. Evidence has shown that even if you have solid fundamental information,...
Forum: Business, Finance, and Investing 11-16-2007, 06:54 AM
Replies: 102
Views: 637
Posted By Ps3tn0NcYk
Re: Why are value investor types so rigidly opposed to TA?

[ QUOTE ]
Can you give a specific example of statistically significant behaviour of price that you were able to exploit and trade?

[/ QUOTE ]

Yeah, buy when they're crying, sell when they're...
Forum: Business, Finance, and Investing 11-16-2007, 05:11 AM
Replies: 31
Views: 358
Posted By Ps3tn0NcYk
Re: Young guy, looking for advice on where to go next.

Engineering or Science degree. With a specific focus on EFFICIENT data mining, genomics, or space travel.

As a 19 year old in a 3rd tier college "financial engineering" is probably too high of...
Forum: Business, Finance, and Investing 11-16-2007, 04:49 AM
Replies: 29
Views: 194
Posted By Ps3tn0NcYk
Re: gas stations

I have a question for those with experience in gas station economics.

Two blocks from where I live there is an intersection that experiences fairly heavy traffic during normal rush hours. The...
Forum: Business, Finance, and Investing 11-16-2007, 03:12 AM
Replies: 102
Views: 637
Posted By Ps3tn0NcYk
Re: Why are value investor types so rigidly opposed to TA?

I think the crux of the issue is the definition of TA.

If in citing TA one means trend line breaks, bounces off support, MACD crossovers, doji stars, filling gaps, etc., then I would argue that TA...
Forum: Politics 11-16-2007, 02:20 AM
Replies: 141
Views: 1,103
Posted By Ps3tn0NcYk
Re: borodog\'s mistaken understanding of M3...don\'t listen to his drive

With regards to repurchase agreements -- are those measured in M3 transactions conducted with the FOMC, or between private institutions?

I realize the Fed is a private institution, but you get my...
Forum: Business, Finance, and Investing 11-05-2007, 02:53 AM
Replies: 27
Views: 217
Posted By Ps3tn0NcYk
Re: US dollar is killing me. How to fight back

Take all of your money and BUY the dollar. Do it aggressively and as leveraged as possible. Do it now or you will miss the easyiest 20% bankroll gain in your life.
Forum: Business, Finance, and Investing 11-05-2007, 02:32 AM
Replies: 9
Views: 63
Posted By Ps3tn0NcYk
Re: Finally got a hold of my friend who works for the CME!

I was going to respond similarly but I thought it might be distasteful considering the enthusiasm of the OP with hooking up with his buddy at the Merc.
Forum: Business, Finance, and Investing 11-04-2007, 04:04 AM
Replies: 29
Views: 235
Posted By Ps3tn0NcYk
Re: Investing Beginner

OP,

Start with Trading for a Living by Alexander Elder. Don't let the title fool you -- it is about much, much more than it seems. For instance, he dedicates a part of the book to the...
Forum: Other Other Topics 11-02-2007, 03:50 AM
Replies: 148
Views: 1,012
Posted By Ps3tn0NcYk
Re: Dog the Bounty Hunter... irony bomb explodes

[ QUOTE ]
I'll never understand why so many many Americans think it's Ok to use words that are offensive to others, by shrugging it off by say "we don't really mean anything bad by saying it."

[/...
Forum: Other Other Topics 11-02-2007, 02:11 AM
Replies: 85
Views: 479
Posted By Ps3tn0NcYk
Re: Post a pic of the view from your house

http://img105.imageshack.us/img105/4349/p1010018iw9.jpg
Forum: Other Other Topics 11-02-2007, 01:48 AM
Replies: 52
Views: 286
Posted By Ps3tn0NcYk
Re: kind of weird hair cut/girl spot

Incomplete information.

Is the number she wrote on the card her personal digits or some business number of the salon?

Since she handed you a business card, I'm going to assume the card was...
Forum: Poker Beats, Brags, and Variance 11-02-2007, 12:52 AM
Replies: 174
Views: 1,661
Posted By Ps3tn0NcYk
Being Mark Seif

If I were Mr. Seif, this would be my statement (Mark, I'm available if you are looking for a public relations consultant).

[ QUOTE ]

Hello Poker Community,

This is A Safe Mark, professional...
Forum: Poker Beats, Brags, and Variance 11-02-2007, 12:13 AM
Replies: 174
Views: 1,661
Posted By Ps3tn0NcYk
Re: Mark Seif responds 1/11/07. Most amusing!

Is Seif on drugs?

For his sake I hope so, otherwise there is no explanation for the strategy behind his communiques beyond a clear attempt to whitewash everything.

I mean, WTF, he would be...
Forum: Poker Beats, Brags, and Variance 11-01-2007, 11:40 PM
Replies: 174
Views: 1,661
Posted By Ps3tn0NcYk
Re: Mark Seif responds 1/11/07. Most amusing!

The probability of Seif following through on his thinly veiled threats are slim, very slim.

I see saber rattling like this all the time from the executives of penny stock scams.

They never...
Forum: Poker Beats, Brags, and Variance 11-01-2007, 05:02 AM
Replies: 95
Views: 571
Posted By Ps3tn0NcYk
Re: A Seif Bet - for those who still believe a word he, or AP, says

[ QUOTE ]
It is extremely rare to be put in the situation he has been put in. It could've made him a hero. The players champion who helped take down a corrupt cheating ring.

[/ QUOTE ]

If...
Showing results 1 to 25 of 99

 
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