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  1. M

    republicans. they cant all be this stupid? rape cant get a woman pregnant?

    Ah, OK... I thought it was 'cos they were, you know, stoopid and all emotional-like, being women and all.
  2. M

    republicans. they cant all be this stupid? rape cant get a woman pregnant?

    I have a novel solution... Screw the states. Given that all this concerns women, first and foremost, especially in cases of rape, why not let women vote on this issue. Period. Why is it that a bunch of old dudes get to cast a deciding vote, rather than the people who are the ones most...
  3. M

    How does the exchange calculate the daily settlement price on futures?

    Read the official documentation made available by the exchange for every particular market. Here's an example: http://www.cmegroup.com/trading/equity-index/files/E-mini_SxP_500_Futures_Daily_Settlement_Procedure.pdf
  4. M

    Rafael Nadal and Usain Bolt refuse to compete in great Britain unti taxes are lowered

    It's good to know that there's an alternative universe where missing by a country mile is defined as "nailing it". Are ignorance and self-delusion normally parts of your trading strategy, also? Could that be a reason for such an interesting and slightly unfortunate choice of a username...
  5. M

    Where do we Invest in 2012 and beyond????

    This is the key passage... If what you describe above is the case, invest in companies/entities that are able to raise prices like this and you'll be just fine. So, I dunno, ConEdison, Aetna, local muni bonds, etc...
  6. M

    Rafael Nadal and Usain Bolt refuse to compete in great Britain unti taxes are lowered

    Like I said and like you rightly state above, it's all subjective... If you care to, why don't you share what your tax money gets spent on?
  7. M

    Rafael Nadal and Usain Bolt refuse to compete in great Britain unti taxes are lowered

    Effective, if I have understood you correctly and I did answer your question earlier... Erm, isn't it rather obvious from the MF Global case that one doesn't need to be based in London to obtain the benefit of "lax re-hypothecation regulations"? Try harder, please... I am not even going to...
  8. M

    Rafael Nadal and Usain Bolt refuse to compete in great Britain unti taxes are lowered

    I am being neither illusive nor elusive... No, I don't sell sweaters and umbrellas (I didn't really get that; what, people don't buy sweaters and umbrellas outside the UK). As I mentioned on this forum a couple of times before, I am a trader. To be seriously involved in my mkt, you need to...
  9. M

    Rafael Nadal and Usain Bolt refuse to compete in great Britain unti taxes are lowered

    Well, there's a few things which I could list, but their value is ultimately subjective... For me personally, there's very few places in the world where I can do what I do. Of these places, the UK is best, in my view, and 50% tax is the price I am willing to pay. I have considered other...
  10. M

    Rafael Nadal and Usain Bolt refuse to compete in great Britain unti taxes are lowered

    Awwww, whatever shall poor ole me do now... The pain of this rejection is just too much.
  11. M

    Rafael Nadal and Usain Bolt refuse to compete in great Britain unti taxes are lowered

    Really? Care to enlighten me how you managed to arrive at this momentous conclusion? Was it smth I said which didn't agree with your delicate constitution? Or maybe you need help with some of them big words which have eluded your understanding? I am happy to help, 'cause that's just the...
  12. M

    Rafael Nadal and Usain Bolt refuse to compete in great Britain unti taxes are lowered

    Comment away, my indignant friend... I hasten to point out that I never suggested that you should be quiet on this (or any other) subject. Nor did I suggest that people here were so "pedestrian", as you put it, as to never have been on a plane. You're over-generalizing rather...
  13. M

    Rafael Nadal and Usain Bolt refuse to compete in great Britain unti taxes are lowered

    Shockingly, we do... And when I say we, I am including "athletes" like John Terry, who gets paid 150,000 quid a week. Nah, my friend, I ain't non-dom... I pay 50%, no gimmicks. Good stuff... I hope it was as good for you as it was for us Brits.
  14. M

    Rafael Nadal and Usain Bolt refuse to compete in great Britain unti taxes are lowered

    How many of you guys here have ever actually set foot in the UK? As someone who actually lives here (and pays that 50% tax rate), I find the overwhelming majority of comments on the issue in this thread (along with the quoted article) absolutely laughable. Such righteous conviction, based on...
  15. M

    Futures vs Spot price for buy and hold strategy of Bonds

    Been v busy, sire... Now easing myself back into the wonderful world of ET.
  16. M

    Futures vs Spot price for buy and hold strategy of Bonds

    Nah, you're confusing a whole bunch of things here... You can't calculate the PNL of your position by adding the move in yield, measured in basis points, to the move in price, measured in, effectively, dollars and cents per contract. Here's the deal: U1 - price of futures at inception...
  17. M

    Newbie question: IB and BTP Futures and call/put Options

    Well, there's all sorts of proxy hedges that you can imagine... For example, some people (not I) would say that if you buy BTPS and sell EURUSD, you should be fine. Important thing to realize is that, just like with any other type of risk, the only hedge is to unwind it. Everything else is a...
  18. M

    Futures vs Spot price for buy and hold strategy of Bonds

    a) Well, yes and no... Because you have bought the December future, which is equivalent to buying the underlying forward (for December delivery), you have effectively already "earned" the carry. On the other hand, you are likely to earn the "rolldown" (sometimes called "slide"), which will be...
  19. M

    Futures vs Spot price for buy and hold strategy of Bonds

    Buy and hold what? Yes, you can implement the buy and hold strategy for futures by buying and holding futures, but something tells me you knew this already. If you're talking about buy and hold in the context of what's classically known as a "cash-and-carry" trade, then the answer is no...
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