RunawayTrader

I thought I convinced you yesterday to skip town and day trade you way around the world. Guess not, huh? Well, I shouldn’t be surprised. This market is so stinky I doubt whether it’s possible to run away and pay for it with stock trading. Unless, of course, your idea of running away is a [...]

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Charlie, the Runaway Trader, says it’s time for you to think about running away and travel the world. And it’s easy to do when you know your way around the Internet.

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It’s not often that I see eye-to-eye with blowhard Jim Cramer but today was one of those occasions.The gist of his commentary today was simple: Circle the wagons.
Yeah, he had a couple of stock picks he offered that might beat this crumbling market, but on average, his message was pretty close to “sell, sell, sell”  [...]

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I’ve ranted several times in this blog about corporate buyouts; the few that happen, and the majority that don’t. My most recent missive was about Circuit City, from which I bailed out after suffering about a 20% decline in the share value. My only regret was that I waited too long.
 
Now along comes Mark [...]

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Apparently the airlines have been lying to us all these years. They’ve insisted that during flights that we turn off all electronic equipment, including cell phones and computers.
The theory, of course, is that there’s a small chance electronic equipment can interfere with air navigation and communication aids.
But now that the airlines are financially bleeding [...]

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Hard as I try, this market is not forking over the $1000 a day I need to be a first-class runaway trader. Granted, I won’t be staying at the Motel 6 in Abu Dhabi, but I also won’t be camping out at the Burj Al Arab, either.
But, rules are rules. And if you can’t afford [...]

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 I’ve taken probably a half-dozen trip during my modest, selp-appointed stint as a Runaway Trader and I’m finding that myriad difficulties seep into my otherwise orderly life that make running away sometimes difficult.
 
First, let me encapsulate the plot:  Can a mild-mannered trader run away from home with a laptop and an ATM card and see [...]

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If I had to offer a neophyte trader advice about how to play rumors of expected buyouts it would be this:  Forget it.
 
Taking a page from my “do as I say, not as I do” book, I must today confess that I sold my shares of Circuit City (CC), purchased in a fit of [...]

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The stock market, as well all know, is about as predictable as rogue wave on the Bering Sea. Which is to say, it’s almost totally at odds with human experience.
Still, we persist trying to make sense of what is, well, nonsense.
Traders like me, and the folks who probably read this cyberrag, are continually admonished about [...]

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Yeah, I know what you’re thinking. Sky-high oil prices have sent the price of gas to such rarified heights that some folks are queuing up at gas stations just to fork over their “economic stimulus” checks and be done with it. I mean, why waste time cashing this governmental pittance when it’ll just go for petrol or [...]

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