Entries for September, 2008

Trading Rules

* Read Rules Every Day 1. Wait for stock to go red on the day. 2. Don’t worry about how many Day Trades you have left.  If its not going your way, get out. 3. When someone suggests a trade, contemplate doing the opposite.

Market is 90% hype.

The market crash was a self fulfilling prophecy. In other countries people get arrested for claiming a market collapse. In our country, our president makes up whatever he wants to get his result. The beauty of the market, is that nobody, not even the president, knows how high or low it will go. If everyone [...]

What the world thinks of U.S.

http://www.guardian.co.uk/commentisfree/2008/aug/19/usforeignpolicy.russia Develop a missile defense system. It’s a novel way to take your own life. Just as Russia demonstrates what happens to former minions that annoy it, Poland agrees to host a US missile defence base. The Russians, as Poland expected, respond to this proposal by offering to turn the country into a parking lot. [...]

Land of Confusion

The truth about the Fed

I made almost 20% on a trade yesterday… Hope it holds up today! Thank the Fed for the market turmoil!

Fix the Economy

The following plan is workable and supportable by all four of the 3rd Parties which backed RP`s Four Principles. It embraces the priciples of voluntarianism, Rawlsian justice, Paine`s “Agrarian Justice“, does not itself redistribute wealth, but does result in more even distribution of wealth over time. It ends the Fed and the IRS. It gives [...]

Why Join a Party?

Though out my travels I have met people who didn’t want to be associated with a political party… I understand. But if the only chance of getting someone who represents YOU comes from one of the two parties then consider this… You don’t join a party because it has values, you join a party because [...]

Ready for the next one?

Great War or Great Depression, One of my favorite movie quotes… We’re the middle children of history, man. No purpose or place. We have no Great War. No Great Depression. Our Great War’s a spiritual war… our Great Depression is our lives. We’ve all been raised on television to believe that one day we’d all [...]

Why the Federal Reserve is unconstitutional.

No audit!  Among other things…

Built in Buffer

I actually believe the market will recover!    Think of the market where the banks are the buffer.  The bankers gain wealth by not doing much at all.  Mostly the banks just print the money and profit when you pay them back.  If you eliminate the middle man, then that is one less person to gain [...]