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in Hank's Fractal Trading Blog at 12-28-09 15:52

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February 2010

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> Latest Discussions
Rogerdodger @ 02-9-10 01:43
Read: 50   Comments: 1


 
> Actual Position and Market Opinion Polls for Tuesday0
Posted by OEXCHAOS - 02-8-10 15:58 - 0 comments
YOU MUST BE REGISTERED AND LOGGED IN TO VOTE.

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Remember, "Partially Long (or Short)" means less than your normal full position. E.g., If you typically use leverage, then 100% long would be "Partially Long".





Check out past Poll results here: Archive


Stocks, Options, Futures, ETF's, Mutual Funds, SPX, OEX, QQQQ, SPY, QID, QLD, Rydex, Profunds
Read 178 times - make a comment   

> Actual Position and Market Opinion Polls for Monday
Posted by OEXCHAOS - 02-5-10 16:26 - 0 comments
YOU MUST BE REGISTERED AND LOGGED IN TO VOTE.

vote.gif Log In | Register )

Remember, "Partially Long (or Short)" means less than your normal full position. E.g., If you typically use leverage, then 100% long would be "Partially Long".





Check out past Poll results here: Archive


Stocks, Options, Futures, ETF's, Mutual Funds, SPX, OEX, QQQQ, SPY, QID, QLD, Rydex, Profunds
Read 497 times - make a comment   

> SPX WEEKLY POLL
Posted by bighouse1006 - 02-5-10 16:22 - 0 comments
Attached Image
Read 255 times - make a comment   

> Are you a Riverboat gambler or a conservative investor?
Posted by Rogerdodger - 02-9-10 01:43 - 1 comments
I've seen a few big "Riverboat" type gamblers come through here.
But as for me, 1/2 a loaf is better than none as my mamma used to say.

Maybe it's just the size of my Amygdala. blush.gif

Study shows why it is so scary to lose money
Mon Feb 8, 2010
WASHINGTON (Reuters) - People are afraid to lose money and an unusual study released on Monday explains why -- the brain's fear center controls the response to a gamble.

The study of two women with brain lesions that made them unafraid to lose on a gamble showed the amygdala, the brain's fear center, activates at the very thought of losing money.
The finding, reported in the Proceedings of the National Academy of Sciences, offers insight into economic behavior and suggests that humans evolved to be cautious about the prospects of losing food or other valued possessions.
Benedetto De Martinoa of the California Institute of Technology in Pasadena and University College of London and colleagues were studying why people will turn down gambles that are likely to lead to gain.

"Laboratory and field evidence suggests that people often avoid risks with losses even when they might earn a substantially larger gain, a behavioral preference termed 'loss aversion'," they wrote.
"For instance, people will avoid gambles in which they are equally likely to either lose $10 or win $15, even though the expected value of the gamble is positive ($2.50)."

They studied two women with a rare genetic condition called Urbach-Wiethe disease, which damages the amygdala, the almond-shaped center in the brain that controls fear and certain other acute emotions.
The researchers compared the women's responses to 12 people with undamaged brains. They noted this kind of study usually involves only a few people as it is not possible or ethical to deliberately damage a person's brain to see what happens.
The volunteers were asked to make gambles in which there was an equal probability they would win $20 or lose $5 (a risk most people will take) -- or would win or lose $20 (one most people will reject).
The two patients with damaged amygdalas fearlessly risked a $50 pot.

"We think this shows that the amygdala is critical for triggering a sense of caution toward making gambles in which you might lose," Colin Camerera of University College London, who worked in the study, said in a statement.
"A fully functioning amygdala appears to make us more cautious," added his colleague Ralph Adolphs. "We already know that the amygdala is involved in processing fear, and it also appears to make us 'afraid' to risk losing money."
The study could also help researchers understand why some people are more willing to take risks than others. Perhaps genetic differences in the DNA activated in the amygdala explain it, the researchers said.
LINK
Read 50 times - last comment by Rogerdodger   

> A promising IT buy signal begins to form
Posted by spielchekr - 02-8-10 22:19 - 0 comments
But you'll have to wait patiently for prices below 1000 to occur during the first week of March. Between now and then however, someone can come along and kick the can the wrong way. From my review of hypotheticals, that would be a bad idea for those who thrive in bull markets only.
Read 248 times - make a comment   

> Indetermate until global threats clear up.
Posted by Islander - 02-8-10 20:58 - 1 comments


But the Trin indexes seem to suggest a brief up move is possible; all below .9.
It is the global pressure, and we see no relief in sight, if that is correct.
Best, Islander bear.gif
Read 305 times - last comment by *JB*   

> XOM
Posted by CHAx - 02-8-10 20:08 - 2 comments
XOM is 3.3% of the SPX -- the biggest component getting ready to test a 52 week low cry2.gif




Read 258 times - last comment by porsche911sg   

> friendly reminder
Posted by maxter267 - 02-8-10 18:19 - 3 comments
doesn't score a new high above 1.0781 the sell off is very likely to be over for now

biggrin.gif
Read 296 times - last comment by Islander   

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