Congress has passed the largest fiscal stimulus plan in our lifetimes. It is intended to pull the economy out of a progressively worsening recession and avert the possibility of a depression. The plan is a mixture of tax cuts...
Read MoreConsider today the plight of federal inmate No. 61727-054, formerly known as Bernard L. Madoff, sitting in his penthouse cell and getting to know cellmates Max the Murderer and Igor the Rapist. Exclusively, we were able to place...
Read MoreFellow Forex trader Ed Ponsi argues that Forex trading is not a zero-sum game. I disagree with him and sent a rebuttal. The publisherhas not responded so I am reproducing the rebuttal here....
Read MoreAn iron condor is really not a strategy very suited to adjustment. Usually, adjustment can only mitigate a loss, not eliminate it. It is inherent in the strategy that we face a non-zero probability of the market price of the...
Read MoreLast week I heard a live presentation by a successful hedge fund manager on the topic “Today’s Markets and How To Trade and Invest In Them”. He started with his assessment of the state of today’s markets....
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