Andrew Jackson quotes:
You are a den of vipers and thieves. I intend to rout you out, and by the grace of the Eternal God, will rout you out.

Andrew Jackson quotes:
Every man is equally entitled to protection by law; but when the laws undertake to add… artificial distinctions, to grant titles, gratuities, and exclusive privileges, to make the rich richer and the potent more powerful, the humble members of society — the farmers, mechanics, and laborers — who have neither the time nor the means of securing like favors to themselves, have a right to complain of the injustice of their government.

Andrew Jackson quotes:
Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves.

Andrew Jackson quotes:
The brave man inattentive to his duty, is worth little more to his country than the coward who deserts her in the hour of danger.

but, but, it’s the 21stCentury, it’s 2009, it’s All-New, “Whoocoodanode?”

GMAFB–sell it to children and slaves.

http://quotes.liberty-tree.ca/quotes_by/andrew+jackson

The path we everyday Americans walk down now is our own veritable “trail of tears” v2.0 – forced upon us by the “sharp knives” in Washington and Wall Street.

on stops… real quick- stops should correlate to your position size above all else… not the trading of the vehicle.

It’s easy to get caught up in the vehicle itself sometimes, but far more important to protect the capital that allowed you to drive it in the first place.

Happy trading, -I-Man

No one should ever, ever buy a leveraged ETF. Having said that, 10% is nothing for FAZ.

Considering downside’s knife cut is a more devastating cut, people should focus much more on downside avoidance than they generally do and much less on upside capture… With humans being inherently optimistic, the upside usually can take care of itself. The devil is in the downside, because we are innately positive in our outlook.

Always enjoy the discussion threads here… Barry’s stringent patrol of the comments in his early days have reaped a pretty good community of participants…

Still no clue what to make of gold at this point. I don’t know that anyone really knows what to make of it.

FWIW, Richard Russell is very bullish on gold and pointed out the other day it had formed a massive inverse head and shoulders bottoming pattern. We shall see, but I think it is getting ready for the next major upleg, but it would need to hold 850ish in my opinion. A break below 850 would violate major support and the neckline

I posted something earlier, but it went to Blog Heaven. Everything AT, LB, ben22, and I-man said is spot-on. I will add this: Take it from a reluctant trader – it’s very, very hard. The baseball analogy is very appropriate. Even the best hitters only bat 0.300. You are bound to make huge mistakes, that’s why someone invented the stop loss order. Don’t enter a trade unless you are willing to lose at least 10%. Be yourself. Once you stop thinking about trying to throw the ball like John Elway, you’re on your way to becoming a better quarterback (but you’re probably still no John Elway). Having said all that, I don’t recommend anyone try it.

@cvienne

I USED to think anyone who bought gold was a LOSER. Well, I don’t think that anymore. Now I understand what so many were telling me about fiat money and the FR. Wish I had listened years ago and I watch it with interest now. Currently, I am prefering SLV.

@AT

Thanks for the invite. I accepted your very generous offer. Hope things are well in Space City.