Recent content by tommintj

He can buy with unsettled funds but if he sells within the 3 day settlement period of the first trade....he will have a Reg T violation. A reg T can restrict your account so that your broker will block trade with unsettled funds. Think "check kite-ing"

Why doesn't the goverment pay for itself? The government uses people, facilities, and assets in its "activities" just like business. Why does governement tax other entities instead of charging fair arms length prices for its "services"? Taxes should only cover goods and services that...

I don't understand the notation for I (investment). The terms need to be defined better. "If gov't speeds $1..." appears to come from outside the system otherwise we need a subtraction from assets or a net present value drain (taxes) from the taxpayer. Obviously if a taxpayer has greater...

iVolitility.com

450-550 in what base? 550 base 10 is 550 (5*10^2 + 5*10 + 0) 550 base 16 is 1360 (5*16^2 +5*16 + 0)

"Social security is not a Ponzi scheme. It is a well-planned and well-administered defined benefit plan. There really is a Social Security trust fund and it is 100% invested in securities issued by the U.S. government." Securities issued by the US government represent future taxes. There are...

The "massive government spending" was from the countries at war at the time. They were desperately trying to survive. The US didn't enter the war until Pearl Harbor.

You may have been sub-pennyed. Broker dealers cannot accept a bid/offer in fractions of a cent (except if price is sub buck) but the BD can trade against it or step in front of your order by a fraction of a cent (2.9999 or 3.0001). If you can, set the bid/ask resolution to more than two...

Beware of a lame duck congress after the November elections.

The Democrates had control of House and Senate the last two years of Bush's reign. That period includes oversight of the banking and financial entities.

stockcharts.com has free charts and lots of educational stuff. Of course you can pay for additional features like real time quotes

Stock Bids and offers above $1 and priced in subpenny increments cannot be accepted from retail customers due to SEC's Rule 612. Trading can be done by a broker/dealer in subpenny increments. See http://defendtrading.com for more info

"Tiger got to hunt, bird got to fly; Man got to sit and wonder, 'Why, why, why?' Tiger got to sleep, bird got to land; Man got to tell himself he understand." from Cat's Cradle by Kurt Vonnegut Trader's often need to have an answer, even a wrong answer to be able to put their mind at rest.

Obamacare will not lower costs. If the sole focus is to find some way to pay for anything (drugs, healtcare) then the price will increase. The way to lower healthcare costs is to increase supply. One way would be to lower barriers to entry and another would be to minimize costs (Tort...

Since time premium is the part of the option price above its intrinsic value. Since you can't trade a option after market close on the expiration Friday, I believe that the time premium is zero.