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  • #822,421
  • Aug 7, 2013 10:44am Aug 7, 2013 10:44am
Quoting Venice
{quote} I like your brand of sarcasm... that is why I was chuckling. And for sure... We have all known those feelings/thoughts all too well. It's part of being an adolescent trader.
Well, I always started with the idea that to make money I first have to understand something about how the market works and trade based off of that. Those noobs seem to start with the idea that you can simply trade using gut feelings, money management, psychology and other mambo jumbo. Thats why they need explanations when things predictably dont work out so well for them.
  • #822,422
  • Aug 7, 2013 10:44am Aug 7, 2013 10:44am
Quoting SpacyTrader
{quote} doesnt mean you wont have bread without the gov. Same for everything else. The only way the place burns down is if the government continues to insist to go on with taxes until it gets to 75% and beyond like in France. And dont give me the 90% you had in the 50s- nobody paid it. If you had stocks you got your income taxed at capital gains rate.
i think Buffet would call u out on that. he has others..
those who can, do. those who cant, talk about those who can
  • #822,423
  • Aug 7, 2013 10:46am Aug 7, 2013 10:46am
Quoting Faller
{quote} I watch and sometimes trade the DX (USDX) USD futures - I have a free fall open zone down to 80.775 Now there is a lot of noise as it moves to that price level and could find support at any point....but 81.325 gives up.......look out below. And now Germany was just affirmed at triple A Keep it tight. Faller.
some dummie had this chart couple of weeks ago,

Attached Image (click to enlarge)
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ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #822,424
  • Aug 7, 2013 10:46am Aug 7, 2013 10:46am
on fitch affirming DE, this line is class:

Fitch assumes no further contributions by Germany to the eurozone crisis mechanisms
  • #822,425
  • Aug 7, 2013 10:49am Aug 7, 2013 10:49am
Quoting gatorinla
{quote} i think Buffet would call u out on that. he has others..
Ok- there are fools everywhere. Usually the inherited money variety. Still anybody paying that kind of tax wont remain rich and therefore a taxpayer for long. As for Buffet he specifically does everything he can to get all his income in capital gains (most unrealized gains so he pays nothing- in effect only pays tax on his living expenses) while he demands regular income taxes be raised for everybody else unable to do what he does to avoid tax. What a price... bloody scumbag.
  • #822,426
  • Aug 7, 2013 10:51am Aug 7, 2013 10:51am
For anyone trading the EURUSD or the DX Futures, there should be some good shorting opportunities on the EUR and some buying opportunities in the DX sometime soon... Over the next few days to week or two. This would be a swing trade opportunity. Although there are not any opportunities at the present moment, they should present themselves in the near term.
  • #822,427
  • Aug 7, 2013 10:51am Aug 7, 2013 10:51am
Quoting Faller
{quote} I watch and sometimes trade the DX (USDX) USD futures - I have a free fall open zone down to 80.775 Now there is a lot of noise as it moves to that price level and could find support at any point....but 81.325 gives up.......look out below. And now Germany was just affirmed at triple A Keep it tight. Faller.
I AGREE WITH YOU ....WE JUST HAVE TO KEEP AN EYE ON THIS THING
MY OPINION NOT FINANCIAL ADVISE
  • #822,428
  • Aug 7, 2013 10:59am Aug 7, 2013 10:59am
And London close its doors...
Get Rich or Die Tryin
  • #822,429
  • Aug 7, 2013 10:59am Aug 7, 2013 10:59am
Quoting SpacyTrader
{quote} Ok- there are fools everywhere. Usually the inherited money variety. Still anybody paying that kind of tax wont remain rich and therefore a taxpayer for long. As for Buffet he specifically does everything he can to get all his income in capital gains (most unrealized gains so he pays nothing- in effect only pays tax on his living expenses) while he demands regular income taxes be raised for everybody else unable to do what he does to avoid tax. What a price... bloody scumbag.

the most anti-capitolist statement, from a capitalist, i ever heard. would it be fair to say, if one dont agree with you, he/she is a fool?
those who can, do. those who cant, talk about those who can
  • #822,430
  • Aug 7, 2013 11:00am Aug 7, 2013 11:00am
Quoting donfriday
{quote} I AGREE WITH YOU ....WE JUST HAVE TO KEEP AN EYE ON THIS THING
I would be surprised to see the DX breakdown, in fact, I am looking for a reversal sometime soon and anticipate the next leg higher, even to break the previous pivot highs made a few weeks ago. I guess we'll wait and see who is right
  • #822,431
  • Aug 7, 2013 11:04am Aug 7, 2013 11:04am
u s you murder boring for several days tradind now
Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #822,432
  • Aug 7, 2013 11:06am Aug 7, 2013 11:06am
S AUS @ 9018, looks like it might have lost steam.
ST BE
TG 8984
  • #822,433
  • Aug 7, 2013 11:08am Aug 7, 2013 11:08am
Quoting gatorinla
{quote} the most anti-capitolist statement, from a capitalist, i ever heard. would it be fair to say, if one dont agree with you, he/she is a fool?
What anti capitalist statement ? I have to support the hypocritical commie statements of Buffet to be a capitalist ? And I called fools the people that would pay the 90% income tax not the people who disagree with me. I already showed Buffet isnt paying the income tax as it is today and certainly wouldnt pay any future 90% one.

He doesnt pay himself dividends therefore he doesnt pay the tax. He only pays it on his wage which is low. Any other income he gets it by selling shares in his company which gets taxed at capital gains rate which is 20% max now after they increased it.

As for corporate income tax I believe Obama recently had the initiative to cut it to 25 - 28%. It=ll have to get lower either its level or with extra deductions dont worry. Or else the US wont be able to compete.
  • #822,434
  • Aug 7, 2013 11:10am Aug 7, 2013 11:10am
EUR looking like it was stuffed by 1.3331. too early to tell though
  • #822,435
  • Aug 7, 2013 11:13am Aug 7, 2013 11:13am
Quoting attila
s
not behaving.. closed for a few crumbs.. boe on the wires again..
  • #822,436
  • Aug 7, 2013 11:13am Aug 7, 2013 11:13am
Quoting attila
s
Ditto, at a good clock there.
  • #822,437
  • Aug 7, 2013 11:17am Aug 7, 2013 11:17am
Quoting SpacyTrader
{quote} What anti capitalist statement ? I have to support the hypocritical commie statements of Buffet to be a capitalist ? And I called fools the people that would pay the 90% income tax not the people who disagree with me. I already showed Buffet isnt paying the income tax as it is today and certainly wouldnt pay any future 90% one. He doesnt pay himself dividends therefore he doesnt pay the tax. He only pays it on his wage which is low. Any other income he gets it by selling shares in his company which gets taxed at capital gains rate which...

i think you dug a hole for yourself. he avoided taxes. and that's what a good capitalist would do, then after, you point out what he did.. you discredit him, with other views, commie and so forth.
we got a few here that lived under a red flag. ask them is wb is a commie.
those who can, do. those who cant, talk about those who can
  • #822,438
  • Aug 7, 2013 11:19am Aug 7, 2013 11:19am
Quoting attila
{quote} not behaving.. closed for a few crumbs.. boe on the wires again..
maybe it was a good short after all.. I don't know.. nap time.
  • #822,439
  • Aug 7, 2013 11:20am Aug 7, 2013 11:20am
Quoting gatorinla
{quote} i think you dug a hole for yourself. he avoided taxes. and that's what a good capitalist would do, then after, you point out what he did.. you discredit him, with other views, commie and so forth. we got a few here that lived under a red flag. ask them is wb is a commie.

Well not a real one. Maybe just a fake one after he accumulated his wealth.

Kind of like a Kennedy.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #822,440
  • Aug 7, 2013 11:24am Aug 7, 2013 11:24am
Quoting Mr. Scott
{quote} Well not a real one. Maybe just a fake one after he accumulated his wealth. Kind of like a Kennedy.

played the game, or a spectator coaching from the seats?
those who can, do. those who cant, talk about those who can
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