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  1. Z

    I've been tracking a portfolio since 7/18 and I'm beating the market

    Do you mean .6102% or 61.02%? .6102% = .006102 61.02% = .6102 "All I did was look at every companies fundamentals and segmented my best companies and my worst companies. I went long on the best and short on the worst." That's the original way hedge fund operated in the old days. Nowadays they...
  2. Z

    Veterans with USAA to see reduced cash yields following Schwab deal

    Whatever one thinks of Schwab it is a good strategic move. Collecting fees from non-traders is a good business.
  3. Z

    Trump Announces 10% Tariffs on 300 Billion!

    If they are fleeing US markets why isn't the yen going up in value.
  4. Z

    In Spite of Bashing, $USD Continues to Rally....

    Competitive devaluation/depreciation led to the Great Depression of 1929. Nowadays in spite of what believers in Modern Monetary Theory espouse, we will likely end up in hyperinflation and a depression simultaneously.
  5. Z

    Bernie Sanders Transaction Tax?

    They are a good thing if constructed and paid for by private companies.
  6. Z

    Family Offices and Dirty Money

    If not Brexit maybe this order will be the nail in the coffin for the Pound.
  7. Z

    Bernie Sanders Transaction Tax?

    Any talk about adjusting to a transaction tax is the usual bs, that was posted on Et a few years ago, when there was more talk about a transaction tax.
  8. Z

    Looking for a prop firm for U.S. equities

    Do you want to deal with a firm that cannot keep its website up?
  9. Z

    NYSE - Floor broker verbal interest at close

    Please explain the significance.
  10. Z

    1,500 Pounds of Gold Gone in Three Minutes During Brazil Heist

    Was it Venezuelan gold? Is it a scam to avoid US sanctions? Will it end up in President Maduro's daughter's safety box somewhere in Europe? She has an estimated net worth of 4.6 B stolen from the people of Venezuela.
  11. Z

    Company intends to delist next year. What happens to my short position?

    This is not a guessing game. It is obvious that you are in over your head. Why do you want to be in a position where your expertise is nil, where any knowledge you gain will not counter the experience of people who specialize in these situations. Not that one day's action is significant but...
  12. Z

    Speed Up Trader... Not worth it

    ?
  13. Z

    Bernie Maddoff may receive sentence commutation

    Either you are a tightwad or an unsuccessful trader or hyperbole is your stock in trade.:):)
  14. Z

    Bernie Maddoff may receive sentence commutation

    zdreg said: I blame the SEC for failure to detect the fraud. The SEC proved inadequate to detect his crime which spanned decades. They received a number of warnings about his activities. They ignored the warnings. They conducted examinations of his firm as part of their regular routine and...
  15. Z

    Bernie Maddoff may receive sentence commutation

    I blame the SEC for failure to detect the fraud. The SEC proved inadequate to detect his crime which spanned decades. They received a number of warnings about his activities. They ignored the warnings. They conducted examinations of his firm as part of their regular routine and failed to detect...
  16. Z

    Bernie Maddoff may receive sentence commutation

    The mission of the SEC is to protect the public from fraud not from foolish decisions.
  17. Z

    Bernie Maddoff may receive sentence commutation

    The SEC failed in its mission to protect investors from fraud. That is the reality.
  18. Z

    Bernie Maddoff may receive sentence commutation

    The scam went on for decades. The SEC, with its usual incompetence, acted after the horse left the barn. 8 employees were mildly punished. no one was fired. Had it acted earlier billions in losses would never have happened.
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