It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by GreenBicMan
reply to post by THX-1138
If you want to attain those %'s you will have a major drawdown somewhere as have I.
Like I said, I had a few programs making over 60,000 a day on the ES only to have it lose everything and another 500,000 in 20 minutes on a random day..
It can be done though, I know it can, its so close
Originally posted by THX-1138
I want to turn that 3M into 12M every year.
It will take a double and then another.
I didn't even know about the 3X ETFs until last week when somebody mentioned shorting.
You guys have woven the thread that pointed me in the right direction.
If I can double the money and then do it again each year....
And I don't have to be trading every day like a fiend.
And no guessing.
Just win after win....
Earnings and US banks will likely growth by 300 percent to 500 percent from 2011 to 2015, Rochdale Securities Banking Analyst Richard Bove said in a research note, Reuters reported Monday.
Liquidity and capital will be the base for the significant earnings growth, Bove said.
1,000 Banks to Fail in 2 Years: CEO
Originally posted by warrenb
reply to post by marg6043
Tue, Sep 1, 2009, 12:39PM ET
Dow 9,322.08 -174.20 -1.83%
[edit on 1-9-2009 by warrenb]
Wall St tumbles on worry about more bank failures
NEW YORK (Reuters) - U.S. stocks sank on Tuesday on increasing worries that there could be more bank failures and concerns that equity prices may have run ahead of the economic recovery.
"The chatter from (some) hedge funds is that there is a bank default"
Originally posted by lucentenigma
Maybe the sucker's run up is finished?
Remember the whole scam of "repackaging" sub-prime mortgages with "good" instruments to get AAA rated investment instruments, which then fed into the credit default market, which brought the global economy to its knees (where we still are)? Well ... they are doing it again.
According to a report by Matt Apuzzo with the Associated Press, Wall Street's way out of the economic mess is virtually the same one that got us into the mess.
In recent months, banks have tiptoed toward a possible solution, one in which the really good bonds get bundled with some not-quite-so-good bonds. Banks sweeten the deal for investors and, voila, the newly repackaged bonds receive AAA ratings, a stamp of approval that means they're the safest