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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (113268)	3/28/2008 2:33:56 PM
From: bentway	Read Replies (2) \| Respond to of 306849

Seriously, I think that health insurance should be provided for all citizens by the government. Health coverage should not be a for-profit enterprise, or the responsibility of employers. Every American should be covered, and the vast majority of the healthy should subsidize the old and the sick that need the care. Every American should be required to pay in, so we'd all have some skin in the game. Americans that engage in risky behavior should be required to pay more, smokers, drinkers, drug abusers, speeders, etc.

To: Jim McMannis who wrote (113268)	3/28/2008 2:48:04 PM
From: ahhaha	Respond to of 306849

Taking a position in GLD on the 17th was the perfect short entry at least on an intermediate high basis. In fact, it peaked intraday at 12:01, but had a minor up reaction at 12:40 leading to a lower high. That would have been perfection in trading execution for the downside. This has nothing to do with having erroneously taken a long position, for, one was justified in going long then because it was the instant of maximal build in theoretical problems facing the financial system. Livermore called this the point of greatest tension. What one must recognize trading that if it doesn't go the way one is positioned, one must exit immediately. The question is then one of judgement whether the financial system was actually imperiled to have taken the long position in the first place. My guess it wasn't. One can't have such conviction until the 'crats get in office and have screwed things up with their attempt to more deeply entrench socialism. Then you get the dynamic upside in gold. Under the current regime you only get a slow muddy uptrend that can't be traded and can only be held with all the angst that attends holding something that stays mostly at a loss.