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  1. J

    Goldman bans Christmas party

    Taking billions from taxpayers to pay million dollar bonuses and have parties to stimulate the economy is a good idea? Wow! It must've been those AIG parties that brought us out of this recession!
  2. J

    What time Friday 4 Unemployment Report

    Yahoo's Financial Calender is a good resource. http://biz.yahoo.com/c/e.html
  3. J

    Funding IB Friends & Family account with IRA?

    IRAs does not allow margin so shorting is not allowed. I wonder how it is handled under the IB Friends and Family account. If you short stocks in the master account, can the gains/losses be distributed to an IRA subaccount? Thanks!
  4. J

    some free book

    Anyone here on ET read this free e-book before and got anything useful from it?
  5. J

    Interactive Brokers Naked Shorts Beware

    It says there is 65,000 shares available for short on IB's website. http://www.interactivebrokers.com/en/trading/ViewShortableStocks.php?key=ddrx&cntry=usa&tag=United+States&ib_entity=llc&ln=
  6. J

    High Probability ETF Trading

    I purchased High Probability ETF Trading and it was a rehash of his book How Markets Works except with ETFs now. I only skimmed through the book but here's my summary. 1. Buy after ETF is down x days and above moving average. 2. No stops are used, just sell x days later depending on...
  7. J

    Wall Street Begins Campaign to Thwart ‘Populist Overreaction’

    http://finance.yahoo.com/tech-ticker/article/270181/Wall-St.-to-Taxpayers-Thanks-for-the-Bailouts-Have-Some-Higher-Fees Wall St. to Taxpayers: "Thanks for the Bailouts, Have Some Higher Fees" Posted Jun 25, 2009 12:40pm EDT by Aaron Task Related: XLF, BAC, JPM, C, MA, V, AXP Wall Street...
  8. J

    Any body aware of Ed Seykota's book

    I was interested in getting a copy of "Trader's Window" referenced in Market Wizards when it was finally completed. http://www.seykota.com/tribe/FAQ/2009_June/01/Index.htm 2/3 page scrolled down. "The Trader's Window is out of print." How could the book be out of print when it was...
  9. J

    Friends and Family Account - Wash Sale Questions

    I didn't know you can add the disallowed loss to the new purchase to adjust the basis. The wash sale rule doesn't apply to people who have a net gain because of that rule. That makes sense now. Thank you very much.
  10. J

    Friends and Family Account - Wash Sale Questions

    Wash sale applies even when profitable if I understand it correctly. Example: I buy XYZ and sell it for 5k loss. I buy XYZ again within 30 days for 10k gain. I would have to pay taxes for 5k gain. Someone without Mark to Market would have to pay taxes for 10k gain since the 5k loss...
  11. J

    Friends and Family Account - Wash Sale Questions

    "The wash sale rule prevents you from claiming a loss on a sale of stock if you buy replacement stock within the 30 days before or after the sale." I have elected Mark to Market accounting so I don't have to worry about wash sales but how does it affect all the accounts in the Friends and...
  12. J

    Banks returning TARP funds means a never-ending credit crunch?

    The banks must return the Tarp money quickly so they can issues large bonuses to all executives before the market collapses. Taxpayers will enjoy paying for all the bonuses when the government bails out the banks later.
  13. J

    RIMM wtf happened?

    Corrected.
  14. J

    Strategy to protect the capital.

    150% worst case!!! :D This is just as funny as the 3X ATR crap found on ET. I think many ET members have already PMed the OP asking where to wire their money to. LOL
  15. J

    Goldman, Morgan Stanley Said to Apply for TARP Exit

    No, they already said thanks for the bonuses and F U to the taxpayers.
  16. J

    IB's response to the last trigger changes

    IB should just create an option for someone who wants Last stop order with and without rules 2 and 3. In fast markets, people will use limit orders past the bid/ask spread which a last stop order would probably trigger slower with rules 2 and 3. Anyone who chooses not to have rules 2 and 3...
  17. J

    Merill pays out 1 million to 700 pple as America goes to the dogs

    http://www.marketwatch.com/news/story/NY-attorney-general-Cuomo-blasts/story.aspx?guid=%7BEE91F361%2D96FD%2D4CF8%2DB204%2D8090EBD755C2%7D "One disturbing question that must be answered," Cuomo told Frank, "is whether Merrill Lynch and Bank of America timed the bonuses in such a way as to...
  18. J

    Question for Computer Self Assemblers

    Question for Computer Self Assemblers Attached is a picture of a I/O Shield for the back Panel Connectors on a computer case. There are two bendable plates that go over the NIC (Network Interface). I think you leave them like they are to block dust and then you bend them outward when you...
  19. J

    DUG and USO

    http://www.elitetrader.com/vb/showthread.php?s=&threadid=149747
  20. J

    GM Bailout collapses !!! wow !!!

    The GOP wants the UAW and GM executives not to rape the taxpayers who are paying for the bailout. GM's average hourly wage was $73 an hour. Toyota's was $48. GM was spending nearly $1,600 in healthcare costs for every car sold, compared to $201 for Toyota. GM paid their CEO $15.7M in...
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