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    SSF discount

    OneChicago, what happens if you short a SSF in a extremely hard to borrow stock and the future expires, do you ALWAYS get assigned the short position?Who usually own the shares that are assigned to you? I basically want to know if its possible to not get the short because shares were not...
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    BP Prudhoe Bay Royalty Trust (BPT)

    Spread is brutal here, be careful WHX had a similar story and put MONSTER rallies after brutal sell-offs. Even though it was totally irrational
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    Global Macro Trading Journal

    WHX and BPT are signs how out of hand the reach for yield has gotten http://online.wsj.com/article/SB20000872396390444082904577609291984902960.html?ru=yahoo?mod=yahoo_itp
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    IB changes margin rules abruptly without informing

    They make sure they get their commission
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    IB changes margin rules abruptly without informing

    Didn't IB say many times that you had 10 minutes before they liquidate your account?
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    Global Macro Trading Journal

    JCP has the type of bottoming that makes a high % chance that a long makes sense. I'm looking for something like this on FB Big volume bar on a decline(In JCP case the decline happened on the pre-market, stock reached $19.5 pre) then steady march up while ignoring all the trash talking by the...
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    Global Macro Trading Journal

    Whats TU?
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    Global Macro Trading Journal

    http://libertystreeteconomics.newyorkfed.org/2012/08/interest-on-excess-reserves-and-cash-parked-at-the-fed.html The resolution to this apparent puzzle is that when one bank decides to hold a lower balance in its reserve account, the funds it sheds necessarily end up in the account of another...
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    Global Macro Trading Journal

    I's say equities and forex. They make predictions based on macroeconomic analysis
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    The Shorting of Frauds, Overhyped and Bankrupt Stocks Journal

    Key giveaway from FMCN is the fact that their PEG ratio is 0.4(0.43 at the takeout price) Why would the management rush to sell out the company without shopping around first or wanting a bigger premium?If you have an awesome business you don't rush to sell just because some people are...
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    The Shorting of Frauds, Overhyped and Bankrupt Stocks Journal

    http://brontecapital.blogspot.com.br/2012/08/focus-media-my-new-obsession.html Agree with bronte here. FMCN is an IDEAL short, squeezes are capped by the $27 takeout price, likely price if the company is a fraud and deal falls part is lower than $5 I already own Jan 2013 puts, which is...
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    ES Trend Following

    How do you specifically define your trend entry point?I'm not referring to the trend itself but to the actual best entry. I ask this because ES was in a clear uptrend to me but it seems that it didn't please you for an entry
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    Can anyone at IB tell us when native NYSE hidden orders will be supported?

    Got gamed pretty nicely in a stock this morning. I was ahead of the NBBO but with a hidden NYSE order. All of the sudden I get filled for 12 shares(100 buy order), a bunch of trades go at my price, but not fill for me The HFT scumbag probably had a flash of market orders coming, sent a 12...
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    ES Trend Following

    Have you thought about applying this approach to individual stocks like AAPL?
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    ES Trend Following

    One can decrease the position size to take that into account. With ES and a small account its difficult but one can use SPY for those cases
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    ES Trend Following

    I was referring to the trend reversing to favoring longs after you closed your short position
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    ES Trend Following

    The trend reversed didn't it?
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    Tender offer CVI; risk free profit?

    Whats funny is that Icahn withdrew his bid not because the deal was bad or that he didn't want it but because he knows his price is too low and he will get sued if he goes forward. Refiners stocks have gone crazy over the last 30 days
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    Global Macro Trading Journal

    http://online.barrons.com/article/SB50001424053111904628504577589323442833902.html?mod=BOL_twm_ls#articleTabs_article%3D1 MLPs and Junk bonds look to me like a blow up trade in the making, getting quite crowded there. The reach for yield is going nuts these days
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    ES Trend Following

    How come you weren't long in this uptrend?
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