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Around Xmas I tried to upgrade my mother's Compaq with Windows 95 to XP and could not do it. The best I could figure was that I would have to upgrade from 95 to 98 then to XP. I played around on the Microsoft website and found very little information of Win 95. I would check there first. I...

Now I remember why I left accounting. Arron made me dig a little deeper. When you left the US you should have gotten a certificate of compliance stating that you paid any taxes owed for your work in the US. Diplomats, Students, Workers of Foreign Govts are excluded. Assuming this was done...

NLJ, I like TC-2000 and it has certainly paid for itself. The screens do closely follow much of what is used in IBD and William Oneils CANSLIM model. The negatives are it is a little quirky, some moving averages and trendlines do strange things. Also the you would have to program your own...

This is a little delayed, but I looked into your question just a little more a few minutes ago. There are no hard and fast rules that classify what constitutes a trader. However, if your income last year was substantially from short term trades you may be able to safely claim all of your...

I referenced JK Lassers Tax Guide, Ernst and Young also has a good guide. From what I can see, if you earned more than 78K it looks as though you might owe tax. But, this is an abstract of the code so I am not comfortable saying yes or no, hence the thought of talking to a professional...

I don't think that the K-1 or prop firm changes anything and am fairly sure you would file 3115 by April 15, 2002 for next years taxes. As for the expenses you would deduct it on Schedule A along with any margin interest. However, it is subject to a 2% floor which means if you made 100K last...

CHS, I looked at a few things in one tax guide, and can give you a general direction. But I think you need to contact an accountant in your area to do this right. It appears as though you are eligible for the same exclusion of $78,000 that a US resident working overseas would receive...

Huh go figure, I never would've traded grammy's dentures for my 19" flatscreen if I knew that. Take good care and best wishes for a speedy recovery. Regards,

In one of Richard Wycoff's books he mentions taking on a basket of stocks, selling a position as soon as it shows a loss and then letting the winners run. That is what caught my eye about the thread, did not read the story of the lady. And in a bull market you can pay for a lot of mistakes by...

Sitting in a tree.. Just kidding. Pabst That was a good story of Dennis, seems to me that personality would play a big part of this. I would drive myself insane doing what he did. The last interview that I read with Dennis, he had lost a good deal of his stake, is he still around or did he...

One interesting page in Value Line each week is a list of about 50 stocks selling below book value. Some in bankruptcy like KM made the list when it was at about .70 and others like Crown Cork and Seal that had other issues make the list. These both have had nice runs, since hitting the list...

Darkhorse, You bring up some good points, how would you or did you operationalize this? For instance after reading the first post I ran 2 scans of my tracking lists. One is IBD Friday's review, and the other is New Highs. The top performers were up over 100%, and the bottom down 50% or...

Darkhorse, just out of curiosity of the mechanical systems that you mentioned, do you know how much of this is Arbitrage type programs vs. a technical type stochastic cross up through 20 sort of a system? My guess is that many of these system trades are playing one market against the next...

One thing for sure, as soon as my AMZN gets back to $321 per share Im dumpin it on some dumbass and shorting it right back to $13. Im gonna slam this one..

Sorry, it was the first that popped into my head. About 3 months ago my girlfriend picked up the NIMDA virus that was going around. Lucky for me that was all, but I used the Norton AntiVirus to Diagnose it and was pretty much able to quarantine it and clean her whole system with the...

Aero, Here is what I think, there are a zillion services that will send you email on their ideas of stock picks. If you do a keyword search on YAHOO or look in any Trading mag you will see ONE for sure advertised. There is no cost for these, as they usually want to sell the bigger package...

I have some q's that I keep in my account at IB. Each month I write some calls against these. The best method I have found for this is to break my order up selling some on AMEX, CBOE, ISE. Then as my order gets filled I just move my offers to the exchange filling me. I just reverse this when...

I am working from memory, but I think this will get you to the right answer on your 1040. It seems to me that 3115 has a section that flows to the 4797 where your other trading gains are reported. Now from there I had one trader respond that he put the income from 4797 on Line 21 of the...

Wow, thought I was the only one at the terminal this time of day. The last few years I have wrote a good number of puts and calls, and someone has to buy them from me. The funny thing about hard work is, and I kid you not. I had just pulled up a chart for (Don't be a touter) and Jonathan...

Several months ago I wrote several reviews of some Wade Cook books on Amazon, they were a little harsh, but fair. So I happened to stop back at the page and noticed quite a few more people were having A LOT of SUCCESS with his methods. Should I A-- Start using his methods since they are...