Posted by: Samsara August 13, 2008
US Economy: A Downward Spiral?
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HAHAHAH  lato idiot, how many times do I gotta tell you that your trading strategy makes me laugh as there just is no rationale attached to your impulse rather than just click the mouse and look at an outright chart.  Your risk to reward ratios are virtually non-existant...You did a total of 16 transactions and your net profit was only 600 and change??  Just shows me that you're en route to being obliterated by the market pretty soon.  BTW, how much is the spreads you're paying for the trades?  Looks like you'll make the clearing house real rich folks.  Finally, keep posting up demo accounts and yeah, while at it, see where your trading flaws lie.

I'd rather laugh than comment on your trading scenario and your statement above.  Pls hide it from REAL traders like me since the cats here on sajha prolly have never traded before and you could act like you know it all in front of them...HAHAHA  This is exactly the type of mentality that brings other suckers into the markets and we in IBs just make a killing outta these lil fries as the markets after all is a zero-sum game.  How many times have I told you, you gotta hedge your positions instead of plainly taking outright trades.  Hope you don't lose the shirt on your back.

As for all you believers in the US economy. more and more articles are surfacing asking the Fed and Congress to let the markets fall and let the public know the real extent of the problem within the economy.  Only then will the economy correct itself from the current scenario of recessions and mini recessions we've been facing since 2001.  As per these pundits, only we've identified the problem can there be a solution and right now, the band-aid being applied to a bullet wound is defn not the way to go.  It'll just prolong the pain and the recession.  Damn it, give us a Depression and get over with it, so we could rebuild bigger and better!!

http://finance.yahoo.com/banking-budgeting/article/105551/'Good'-Depression-May-Avert-'Great'-One

Another one which may prove what I've been thinkng all along: Is the Fed and the Congress colluding with the various economic agencies here and cooking the books to produce better than expected economic data??  Looks like something similar to the Sarbanes-Oxley needs to be created for economic-data gatherers like the Fed and its subsidiaries too as the accoutants and economists there have gotten way too smart for their own good.

http://www.mindfully.org/Reform/2008/Pollyanna-Creep-Economy1may08.htm

 

If these pundits have their way, stocks could be in for a beating until no tomorrow!!

 

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