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Gee ES, you really bummed me out with that last one. On the bright side, maybe you can do Ripley's taxes later in life.

Beautifully condescending.

rogue

CCRA has a publication available which describes the tax treatment of what they consider to be 'professionals' (i don't recall the name). As mentioned by Chagi, they have certain criteria that need to be met. As far as I remember, you can make a one time election to have all of your capital...

When i referenced Worldcom, i wasn't talking about the investment merits of the company. I was talking about the volume of trading and how the rebate traders flipped it back and forth all day.

Ask the people in Argentina how they liked high inflation. An entire middle class wiped out. Bye bye lifetime of hard work and savings.

When Worldcom went belly up, the volumes were huge. Same players sitting on the bid and offer, collecting their rebates. Low priced stock, lots of volume, a rebaters dream.

Rebate traders.

Mizer, I don't think there is a person out there who doesn't curse or get frustrated when a trade goes against them. You're only human. I think the problem is when it goes beyond normal angst. Anyone who tells you otherwise is full of shit.

Where is "here"? Is it your state of mind? I'm not flaming you, just trying to understand your post.

From a devil's advocate point of view, given the warm weather and the building stockpiles, why hasn't the price dropped even more? Wouldn't these factors be discounted in the price already? How long will it take the U.S. to burn through these extra barrels if there was another supply...

Hi Nana, I pulled the story from Debka.com. I'm certainly not saying it's true or false. Take it for what it's worth. However, I am a skeptic of everything I read or hear, be it CNN, CNBC or Reuters. (although I must admit to being a very big fan of the BBC, great coverage) Anyways, don't...

Here's an article i just read. Let's feed this fire a bit. Tehran plans a nuclear weapons test before March 20, 2006 – the Iranian New Year, moves Shahab-3 missiles within striking range of Israel January 22, 2006, 9:30 AM (GMT+02:00) Reporting this, the dissident Foundation for...

I wonder if the Iraqi reserves are as large as initially thought. A news story on Friday stated that Kuwait's reserves are half of what they officially announced. Kuwait has been producing from oil deposits which are common to Kuwait and Iraq (they sit under both countries). It was one of...

studyandtrade sorry I really didn't want to make fun of you anymore after your gold thread, but seems like you are still mostly at the "study" stage, well I do hope you paper trade if you already trade. No the risk is NOT the same. For starters, unlike what is commonly thought stocks go...

Please do Kicking. Wouldn't want you to see how you contradict yourself. Glad to see you were bearish since Wednesday. Guess that makes you a pessimist. Oh wait a minute, yet another contradiction. Maybe when you have more experience you'll learn too. Good luck.

"Actually I have been bearish since Wednesday. Over the long term- which was the object of my thread- one can't argue with the stockmarket record." -Kicking You're absolutely right. You've been right all along. You're absolutely right and I was wrong. I've always liked that song...

I don't understand how you can make such a blanket statement that shorting isn't a valid strategy. How do you tell this to a guy who shorted Nortel over $100 and rode it down to $3? How about Cisco, Intel, Globe.com and the list goes on and on. As for the indexes themselves, ever heard of...

Hey Kicking, thanks for setting me straight on shorting. I can see now how playing both sides of the market is nothing but a fools game. I've bought a new big black marker which i'm going to put to good use tonight. I'll print off my charts of interest and simply black out the down parts of...