I think what happened was what usually happens: 1)People assumed the trend would last forever OR 2)People assumed that the trend would slowly...
FFH will be either 290 or 270 by the end of the day today(it closed 322 yesterday. (slight chance it could make another hanging man but I doubt it)
I see there are some libertarians here. Fed kept interest rates low and it did create conditions fertile for speculation BUT the speculation...
Reagan tripled the national debt and eliminated the fairness doctrine which resulted in smooth talking demagogues taking over on talk radio. He...
Tulip Mania was also an expression of Laissez-faire, did not work out too well did it? Collective delusions create massive economic damage in...
Since you are desperately trying to be an asshole here, in order for me to negate someone else's absolute belief I had to use the phrase "I don't...
I am not anti anyone, well scratch that, I am anti Bush anti Republicans anti Foxnews, anti Rush Limbaugh etc. It is laughable for Russia to...
The operative phrase concerning empires is "overextend and die" One Empire is in the process of doing exactly that right now. Aparently Russian...
I can't stand the guy (Milton Friedman) Blind faith in the private sector is what got us into this mess. I don't believe that anything managed by...
How about this for mechanics of collapse: China and Japan have traditionally been buying a lot of treasuries. But who can absorb more than $1...
Deflation=DEATH. U.S was able to climb out of the depression because of a vast manufacturing base, self sufficiency in energy and people being...
I disagree completely. However, if you want deflation, it is very easy to cause. Forget about any bailouts and start raising interest rates...
I think the current economic situation is like 10-20-life. Nobody is going to "walk". It is either deflation (the great depression ver. 2.0), high...
I have access to both tdameritrade and scottrade (although I only use ameritrade to actually trade) and I have to tell you that scottrade is...
To some extent it (banning on selling derivatives) already occurred. Taken straight from tdameritrade site (my broker): "How do the temporary...
Second chart is better for me. Same stock. Candlesticks have more "juice" and are more illustrative.
Systems are different. I use bigcharts.com and the bar chart is worthless there. Observe: (image 1) is barcharts image 2 is candlestick
I think the only reason to use OHLC instead of candlesticks is if you trade primarily (or exclusively) based on oscillators. OHLC is more compact....
Why short sell a stock? Buy a put or write a call.
This maybe a no brainer comment but best advice is to forget "buy on the dips". Frequently people in a bull market think they are so smart when...
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