Oh where, oh where, is the capitulation. As I said before it ain't gonna happen! And the reason is algorithmic trading. At IB there is the vwap algo, and its purpose is: > To achieve the Volume-Weighted Average price (VWAP), calculated from the time you submit the order to the close of the market....

I have always admired Colin Powell ever since the first Gulf War. Colin Powell being a proud American reminds me of all the good that America can be. Just like Warren Buffet! These two individuals represent the good and what America can be. The following comment he said, says it all and should be...

People look at Microsoft stock and think, "hey this is cheap." Yet it turns into a value trap. Want to know why? I think I can sum it with one blog entry. > There's been a lot of lively discussion since I confirmed yesterday that the official name for the next version of the Window client operating...

My brother who lives in Russia, and travels all over the former Soviet countries gave me a call on Skype. He timidly asked, "how is your portfolio?" I replied some good some bad. Not complaining. I ask, why the interest in the market. He replied "I want to start trading commodities." I asked,...

When asked, "Do you consider yourself a free market supporter?" "Yes, and that's why I feel uncomfortable, even though I think this action [Bank bailout] is great" I have a love hate relationship with Donald Trump. But for someone to say, "hey you know I am not crazy about this, but it had to be...

It looks like many of the countries throughout the world are adopting the British plan of guaranteeing inter-bank lending and recapitalizing the banks. This might actually work! I know I am crossing my fingers... I have to admit King is a pretty good central banker! Kudos...

Jim Rogers recommends: > "The way to solve this problem is to let people go bankrupt," Rogers said. > > "Then you will hit bottom and then you start over. The people who are sound will take over the assets from the people who aren't sound and we will start over. This is the way the world has worked...

Nobody wants to do a G7 or G20 deal. Here is why I think it will not happen... Fear! The same reason why banks are not lending with each other is the same reason why the Euro zone, or world cannot come to a single deal. They don't trust each other. And if they don't trust each other how can banks?...

The mathematics of shorting is not fair. And this is a serious issue. Let's say with all things being equal you decide to go long and short a 100 USD stock for a period of one year, and your starting capital is 100 USD. In each case we will calculate the gains or losses of each position with a...

Wait Wait I need a rate cut... No Wait Wait I need more liquidity...  No Wait Wait I need a common European approach...  No Wait Wait I need capitulation... Get the idea! When I hear these traders I just gag! I am not kidding here. Let me put it simple. The traders are up shit's creek without a...