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They didn't take out index options, they are still there.

During an event like this, basic primitive instincts take over. When humans fear something, they run away. They don't confront. If you saw a bear rushing you, are you gonna fight back or run like a mofo? When fear strikes, you don't take time to analyze the situation, unless you were trained...

If you're aiming for $60 per day, there's a 100% chance you will clean out your account within several months. $60/day is 4200% pear year compounded. Suuure, that's realistic. Better to spend the $4k on strippers, at least you'll get some fun out of it

screw the US market, I'm waiting for the Chinese bubble to finally pop, dotcom-2000 style.

This makes me feel better. I have worked at private and public companies, and there is a difference in operating values and philosophies between them. When you are concerned with what short-term-oriented investors are thinking, you make different decisions. It's really hard to create a...

I couldn't tell you how 870 is. I'm stuck on 867. When I tried to upgrade a while back I got an error from the installer claiming that I had the latest version already. I'll just stay on this version until there's a need to upgrade I suppose, then I'll have to figure out how to upgrade tws...

The premier support plan can co-exist with low-commissions. If you pay for the plan, you gain access to the dedicated phone support line where there are no hold times and maybe the reps are more experienced. There are software packages that work like this. For the regular software purchase...

haha I hear you. My friend met his gf on one of the big online dating sites, so I went to that site to see what they had to offer. Good Lord!!! these girls really expect to find a successful, handsome, romantic guy with a great personality??? Talk about living in a fantasy land. Most of the...

No way... Years ago I took some evening dance class at a junior college. The girls were nerds and mostly hideous, except for 1 or 2.

No, the most expensive cars are purchased by the wealthiest people. Most middle-class people cannot afford a F430, Bugatti, Saleen S7, Enzo, and so on. Those are the most expensive cars. If you're talking about a $60k car, then yes, more of them are purchased by middle-class people (because...

ok, there's a lot of bashing about IB's customer service, or lack thereof, but no one offers a solution. I don't know if anyone has proposed this, but what if they offer a "premium" level of support? You qualify by buying the support plan for $x per month, or spending $y dollars in...

The methanol experiment was tried in the late 80s and early 90s, and failed. There were methanol-powered cars here in Calif, and I remember a number of gas stations with methanol pumps. The problem was methanol reduced engine longevity, caused more harmful emissions than gasoline until the car...

People are people, and we value things differently. I don't spend more than $30 on my shirts, but my gf spends $90 on a pair of jeans, $45 on a tshirt with a brandname logo, $80 on a skirt. (it's my money she's spending but I digress... :) ) OTOH, I like to stay in nice hotels but she...

All the best... but my prediction is that this thread will be dead by summer because the OP's account will be down to $0. But if you prove me wrong, I'll hire you at 750k per year to manage my money.

1995 to early 2000 was more dangerous. During that time, there were much larger declines that were followed by surges in stock prices, and the big-down-day-followed-by-big-up-week cycle happened far more often than today. No matter the bad news, people thought the markets would overcome -- and...

The last time I saw Calif foreclosure numbers was some months ago. The foreclosure % had skyrocketed. But when you looked at the actuals, it wasn't that bad. The total % of homes in foreclosure was still 1/2 of the all-time high. In fact it was still lower than the historical average. I...

I'm still debating w/ myself about how IB the stock will do. As a customer, I know very well about their brokerage service -- the good and the ugly. But the bottomline (which is what stock investors care about) is that they make money, and appear to be fiscally-sound and well-run from a...

A number people have addressed the same concern, namely that the formula IB uses is not well-understood and we traders are playing a guessing game. IB needs to introduce a what-if tool whereby the user can input values for volatility and stocks/indices (such as SPX), and see what it does to...

No way. That implies a 0-60 time of about 2.3 sec, impossible for a stock street car.

hey glad to hear I'm not alone. I had the same problem with my retail account. I make a few small withdrawls each month (each withdrawal is less than 0.2% of the account), and they decided one day to freeze one of the withdrawals. This almost caused a check to bounce. It took a few days to...