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    I literally heard sirens outside 10 minutes after the market opened today.
    22 Jan 2008
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    Money is debt
    Woah... I never understood how money worked. This guy does an amazing job of explaining the history of money.



    Now I see how/why our economy is so fuXed. We went from have money which was a true asset (because it was backed by gold) to money that is true debt (mortgages and credit cards). Why are banks the only institution that can "create" money? Once a new banking model is developed, it will revolutionize everything. I cant wait to invest in it.
    30 Dec 2007
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    Tripp'n on LDK
    It may not be a drug, but I must have been hallucinating. This trade was one my my most memorable stock market experiences. Mistakes I will never make again, and and decisions I will never forget. What would you do if you went ALL IN on a stock that was destined for hell?
    12 Dec 2007
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    After posting my posit in on FMCN on Cake Financial yesterday and claiming to have a "long term focus", I woke up this morning to a pleasant surprise. FMCN is up 15% at $56 on news that their internal audit is complete and coverage was initiated by Susquehana Capital at "Positive" (whatever that means, I am seriously not a big fan of analysts).

    "The Audit Committee concluded that nothing has come to its attention."
    This had been a major drag on FMCN's stock and now it has a free ticket to new highs.

    It is my belief that having the ability to change your mind on a dime is an extremely important asset in the world of trading. This might be the only place where shooting first and asking questions later is required.

    I sold my position in FMCN 10 minutes ago @ $56, FMCN's fresh all time high. Sure I believe it is going higher, but not before taking a breather. I am up 35% in a 3 short months, any more and I am just being way too greedy.

    I am going to look to get back in at the $50 level.
    25 Sep 2007
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    I got stopped out on CROX today at $59. I think this was a combination of bad timing, and bad timing =) The market has been exploding ever since the rate cut and is taking all manufacturers and retailers with it.
    Maybe I am a little too early? CROX will fall, maybe I wait till after the holidays.
    Maybe some lucky kids will get ugly rubber shoes in their stocking for Christmas.

    eDit- CROX flew to 60.73 within 3 minutes of getting stopped out at 59. Thank goodneSS for stoPs.
    24 Sep 2007
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    Thanks to the Techcrunch 40 I was introduced to a new company today called Cake Financial. I had this idea for a while but didn't have the time or $ to get it going. They did an amazing job & I think this is going to be a huge hit for investors.

    Basically it is community investing. See what community members are buying, selling, saying. You can see how the community is doing as a whole via the Cakedex and learn from the traders who are making the most money.

    The most impressive feature is the ability to import your investing account directly from your broker. It was painless and smooth. Without this feature, this idea wouldn't work. People would try to manipulate the system. But since every trade is pulled directly from your account, there is no tampering with your activity.

    Mad Props to the Cake guys, they did it right.

    One more thing...
    Check it out! I was the top performer for the last 30 days on their launch day. sweeeeet.
    19 Sep 2007
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    Today USC announced a partnership with Google that will give USC students access to a special USC version of Google Apps. I have 2 classes this semester where all the projects are done in groups. We are using Google Apps to write all the papers, take notes, and make outlines. I even have to do a powerpoint presentation next week. Since I just got access to the new presentation software I am going to HAVE to use it :)

    I am glad to see USC is teaming with Google for this. Collaboration software is so important in business and education it just makes perfect sense. My school forced me to take a Microsoft Office Class. A Google Apps class in the curriculum is the next step.
    19 Sep 2007
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    Ive watched CROX run up ever since its IPO. I can not believe the amount of hype around these foam pieces of shit shoes. These things are a fad and this stock is going to die. I have been patiently waiting for a good time to short and I think the time has come.
    With yesterday's rate cut, the market is up over 400 points in 2 days. Today the market is booming up 100 points and CROX is lagging hard (down 3%) while every stock on my radar is green.

    Crocs has a large short interest, 16% of the float.
    I am not the only one who wants this thing to tank.

    The resistance is at $62.
    It is currently banging on the support at the $55 level.
    The next support level down is at roughly $49.

    I am going to try and short this thing down to that level.
    19 Sep 2007
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