Forum: Business, Finance, and Investing
12-01-2007, 11:00 AM
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Replies: 15
Views: 644
Re: Back to the well once more...long dollar
Ok, looks like the 1.50 level held. Time for some profit.
Looking like the dollar may come back and test the 1.45 level. I lightened up a little on Friday afternoon, but still got 6 lots.
...
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Forum: Business, Finance, and Investing
12-01-2007, 10:49 AM
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Replies: 9
Views: 750
Re: How dodgy is the Citibank-Abu Dhabi deal?
One day everyone is going to wake up and realize what this deal really is. Abu Dahbi didn't take a stake to make money. They got plenty of money. And there are surely better investments than a...
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Forum: Business, Finance, and Investing
11-28-2007, 11:26 AM
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Replies: 14
Views: 1,102
Re: Ben Stein: XLF - Financial SPDR
I think her company, AstraZeneca, limited the plan choices we get. Pretty much all I have to choose from is VIGIX, VIIIX, VIVIX, PRSVX, GTIIX, FOCPX and money market.
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Forum: Business, Finance, and Investing
11-28-2007, 11:20 AM
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Replies: 14
Views: 1,102
Re: Ben Stein: XLF - Financial SPDR
My bad, I didn't understand that you weren't putting it all there. Probably go with 2500, divided into three $833 chunks, but fees might make this futile.
Who is your 401k through? My wife has...
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Forum: Other Other Topics
11-28-2007, 11:15 AM
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Replies: 48
Views: 2,394
Re: Anybody here got a vasectomy?
Couple of points:
1) It's about $800 procedure to get it. It's about $15,000 to get it reversed.
2) Frozen peas are the [censored]. Get em.
3) Get three pairs of tighty whiteys that are...
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Forum: Business, Finance, and Investing
11-28-2007, 10:44 AM
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Replies: 14
Views: 1,102
Re: Ben Stein: XLF - Financial SPDR
ItalianFX,
I'd probably go for the financials. You got 7500 to invest. Break it into three chunks and average it in. Put 2500 in now since the market has "corrected" 10%. If it truly is a...
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Forum: Business, Finance, and Investing
11-22-2007, 05:15 PM
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Replies: 6
Views: 254
Re: Currency trading
Mort, you can get 200:1 leverage on a mini account, which is limited to $10,000. If you are playing with more than $10,000 you have to open a regular account with less leverage.
Stick $2000 in a...
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Forum: Business, Finance, and Investing
11-21-2007, 01:51 PM
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Replies: 52
Views: 863
Re: Four Ways To Use My Ideas
Interesting article Sklansky.
1. I think Fabricand has alot more "expertise" than he realizes or admits. The guy analyzed thousands of races and has the expertise to know all of the factors that...
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Forum: Business, Finance, and Investing
11-20-2007, 12:18 PM
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Replies: 4
Views: 177
Re: Thremp - Whats happening with the bar?
Thremp, if you need any advice or opinion on attorneys, real estate people, etc. let me know. I practiced law in Mobile for about 8 years and I know a few guys who have owned bars on Dauphin Street...
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Forum: Business, Finance, and Investing
11-20-2007, 08:33 AM
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Replies: 15
Views: 644
Re: Back to the well once more...long dollar
Ok, we got the EUR/USD breakout to the upside. Sold my 3 lots for +125 pips each, +375 pips profit total.
Flipped to 3 long dollar lots at 1.4775. Laddering in for a total position of 10 lots.
...
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Forum: Business, Finance, and Investing
11-18-2007, 10:22 PM
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Replies: 5
Views: 196
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Forum: Business, Finance, and Investing
11-18-2007, 10:19 PM
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Replies: 11
Views: 430
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Forum: Business, Finance, and Investing
11-17-2007, 10:04 PM
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Replies: 15
Views: 644
Re: Back to the well once more...long dollar
[ QUOTE ]
[ QUOTE ]
Uh oh. PBOC's Yi out with the same comments that Cheng came out with last week. Damn, they are out to get me.
This isn't good. I may have gotten too greedy here. Putting...
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Forum: Business, Finance, and Investing
11-14-2007, 05:18 PM
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Replies: 15
Views: 644
Re: Back to the well once more...long dollar
Uh oh. PBOC's Yi out with the same comments that Cheng came out with last week. Damn, they are out to get me.
This isn't good. I may have gotten too greedy here. Putting a tight stop on this...
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Forum: Business, Finance, and Investing
11-14-2007, 04:51 PM
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Replies: 15
Views: 644
Back to the well once more...long dollar
Might as well give this trade another run. EUR/USD looks to have formed a double top here. 5 lots from 1.4670.
Looking for the Yen to run tomorrow with US Equities falling hard.
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Forum: Business, Finance, and Investing
11-14-2007, 08:45 AM
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Replies: 4
Views: 175
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Forum: Business, Finance, and Investing
11-12-2007, 01:04 PM
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Replies: 50
Views: 590
Re: Giving the long dollar trade another try
[ QUOTE ]
GOGOGO DOLLAR!
It's eating every currency alive toady (except the yen which is up vs. the dollar)
[/ QUOTE ]
Yeah, now the question becomes: Pullback or Reversal?
I'm...
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Forum: Business, Finance, and Investing
11-12-2007, 08:58 AM
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Replies: 50
Views: 590
Re: Giving the long dollar trade another try
I'm out with 150 pips on 5 lots = 750 pips profit.
There is probably some more profit to be had, but I expected this trade to take a couple of weeks to reach this point, not a couple of days.
...
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Forum: Business, Finance, and Investing
11-09-2007, 02:31 PM
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Replies: 33
Views: 1,026
Re: so i\'ll have a law degree soon...
It all depends on what makes you happy I guess. I've personally never found having a law degree some special power or image to present to others. Most people just don't really care (and you have to...
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Forum: Business, Finance, and Investing
11-09-2007, 01:34 PM
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Replies: 50
Views: 590
Re: Giving the long dollar trade another try
The correlation between the EUR/USD and GBP/USD pairs is very high, so you get about the same size moves overall. The spread for the EUR/USD averages about 2.5 pips while the GBP/USD averages about...
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Forum: Business, Finance, and Investing
11-09-2007, 01:07 PM
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Replies: 50
Views: 590
Re: Giving the long dollar trade another try
[ QUOTE ]
[ QUOTE ]
This is one of those trades where I'm trying to catch a monster move.
[/ QUOTE ]
i can't speak from a TA perspective, but from a fundamental perspective (imo), this won't...
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Forum: Business, Finance, and Investing
11-09-2007, 12:57 PM
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Replies: 33
Views: 1,026
Re: so i\'ll have a law degree soon...
If you don't like law, drop out now. If you don't like law school, you won't like practicing law. Practicing law is one of the most boring and tedious occupations on the face of the earth.
Take...
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Forum: Business, Finance, and Investing
11-09-2007, 12:40 PM
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Replies: 50
Views: 590
Re: Giving the long dollar trade another try
Damn I only got half of what I wanted. 5 lots from 1.4705. I'm putting a stop at breakeven on these. The market has formed a nice top and shouldn't move back past 1.47. If it has enough force to...
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Forum: Business, Finance, and Investing
11-09-2007, 12:36 PM
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Replies: 50
Views: 590
Re: Giving the long dollar trade another try
[ QUOTE ]
Not stupid, yet definitely not long-term +EV. Shorting before mid-March 2000 in any size requires recklessness, strong belief in prediction, or both. Market participants can maintain an...
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Forum: Business, Finance, and Investing
11-09-2007, 09:14 AM
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Replies: 50
Views: 590
Re: Giving the long dollar trade another try
[ QUOTE ]
[ QUOTE ]
No [censored], get confirmation of some kind that gives you a good probability of putting in a successful trade.
[/ QUOTE ]
It's basic high probability trading. On...
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