I am really not interested in starting the opening shot in another liberal round of American self loathing and self flagellation here. But its so hard to ignore such BS. Are you talking about England, France, Russia or any prior "friends" that we started wars with? Can we get a cup of tea please and recall our American history? OK, if you want to be flippant I suppose we can have fun here. We were estranged bed partners with mother England when we decided to boot them off the N. American continent during the revolution. But who fired the first shot? Philosophically, who starts a war? The person play-shooting with their bird finger or the person pulling the trigger to shoot a biligerent turkey with real bullets? Seems to me it ended up pretty well as the US made amends by coming back to save 'ol England from the nasty Germans. The US ended up making friends with both victor and enemy alike with the Marshall plan. We then made trillions of dollars off everyone with a new American empire. It's just a bummer that they are now at the moment teaming up to hammer our currency. But I would not really call that being enemies - just ungrateful debtors. Eventually they will figure out that is self defeating behavior or the process will repeat itself and start all over again. Given that we have only been a country for a few centuries its pretty laughable that we have centuries old enemies and you stated. Perhaps the American Indians? If so, you are off the reservation Chief. So get back and keep those tax free bingo games and gambling operations back to producing revenue for beef jerky or else enjoy your cup of south American coffee and be thankful its not the King's tea. Sigh... TS
No one's talking American (of which I am one) self-loathing or flaggellation here Trendy. We're talking about China. ... and I don't want to get into a long discussion with you about it either (especially not with YM giving me another setup here. Jimmy Jam
You don't need an unpredecented bull market to make money. Since 1998 when I started trading, the Naz (for instance) is up 70%. That is an annual return of 6% which is hardly anything special. But I have done well in that time. I wouln't mind a see-saw market like in the 60s-70s actually. Traders like those types of markets.
I just think its great how we always here "Money management this...", "Money management that...", yet well call these guys trading icons when they got all in on one bet, and carelessly avoid rule # 1. cm
So this washed up daytrader is sitting outside the office begging for money to get something to eat. "Hey, pal. Help me out. I havent' eaten in days!!!" "Hell no. If I give you money, you'll just go daytrade it away." "No, man. I got tradin' money. I need something to eat."
When I start my daytrading firm in India or Indonesia, I want 100 Mr. Chan's. Only I'll limit thier size to 300 shares. lol