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well if sipc covers cash then as long as I am out of the market (overnight) my money theoretically is safe --------------------------------------------------------------------------- Only up to the limit of SIPC protection for cash.

Today once again reaffirmed that stock prices have no relationship to the economy. The market news today: (1) Retail sales down; (2)Worse than expected unemployment; (3)Continuing jobless claims increase worse than expected; (4)Business inventories declined; (5)Record decline in household...

Today once again reaffirmed that stock prices have no relationship to the economy. The market news today: (1) Retail sales down; (2)Worse than expected unemployment; (3)Continuing jobless claims increase worse than expected; (4)Business inventories declined; (5)Record decline in household...

What better method is there than mark-to-market assets to their current actual market value. Any other method is 'doctoring' the books. The government was suppose to being doing a 'stress test' of banks last week. What happen to that report? Was it too 'bad' to release? Is the FDIC letting...

Schapiro appeared before the panel to make the case for the agency's budget request of $1.03 billion for the fiscal year starting in October, an increase of 9 percent from fiscal 2009. She also was asked about the push by the banking industry and some lawmakers to scrap the mark-to-market...

Firms that charge $900 or more are over-charging. Check with FINRA for the cost of S7 exam, fingerprint card and application fee. Every thing above the basic cost goes to the firm.

Think what would happen if these 4.4mm unemployed "organize"? ----------------------------------------------------------------------- The government only counts those people who have been unemployed a certain number of weeks. When you are unemployed over the specific number of weeks, you are...

Quote from toothpick114: I know that I have skills that are relevant to employers. I am looking for a career as a stockbroker or financial advisor -------------------------------------------------------------------------------- For the benefit of the naive investing public, please...

If I understand you correctly, if a firm is NOT a member of an exchange, then its traders do not have to pass series 7. Is that correct? Ans: Correct If that's the case, what's the difference between a firm that IS a member of an exchange vs a firm that IS NOT a member of an exchange...

Why do some prop trading firms not require their traders to take the series 7 exam? Ans: Prop firms that are members of an exchange have their traders registered S-7 due to exchange rules. What's the difference and is there any advantage/disadvantage of trading for a prop firm that...

FED is injecting money into the banks but the banks are not lending it out to other banks/companies so there's your answer. Once they do that again, that will be the day inflation replaces deflation. ----------------------------------------------------------------------------- The primary...

Commodity futures should be for speculation and the stock market for investing. But the stock market has become the nation's largest casino. I found that out early in my investment career when a stock with good earnings dropped like a bomb with no bad news just because the overall market went in...

Thunderdog wrote: Protectionism invokes retaliatory responses from trading partners who then all engage in one-upmanship. That stifles trade. Exports suffer. Protectionism also makes the "protected" domestic industries less competitive on the world stage, not unlike rewarding bad behavior...

1. Does this affect someone who is long and just wants to sell? Is it known at the time of the sale if it is a short sale? 2. If you want to sell short, why can you not just put in a buy order for a tiny amount to get an uptick? You put in a sell order then a buy order that would trigger the...

The President seems to be talking out both sides of his mouth. In one instance he says we must rebuild our industry base and bring jobs back to America. In the next breath he says we must not support a protectionism policy. What the hell is going on?

No income revenue? Wrong, like any other insurers, they place the premium received in some investments ------------------------------------------------------------------------ The premium placed in investments is required for reserves. They have no continuing income from insuring new issues.

With the major insurers of bond offerings being down graded by the three major rating agencies, new bond issues are being offered without insurance coverage. Of course these bond insurers still have trillions of dollars worth of bonds insured but no incoming revenue. How far from from bankruptcy...

Quote from chartman: "This administration continues to strongly believe that a privately held banking system is the correct way to go, ensuring that they are regulated sufficiently by this government," White House press secretary Robert Gibbs said when asked about nationalizing the banks...

Asked by Dragon TV about the “Buy American” provision in the $787 billion stimulus package, Clinton downplayed worries that it would be a step toward protectionism, saying the provision “must be compliant with our international agreements.” “Protectionism is not in America’s...

For the middle class to come roaring back they need to become more productive. Productive to the point where they out-produce cheap foreign labor on a per $ cost basis. ------------------------------------------------------------------------------ How can this be accomplished? If an American...