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Write to your congressman to petition changing the law. It's a silly requirement. If this law extended from the trading world to the programming world, then Bill Gates would never have founded Microsoft. :D

Ms. Lee did a good piece on her report. It wasn't a fluff piece. She seems to know what she was talking about. :)

As a general rule, the Acquring Company's stock price will go down and the Acquiree's stock price will go up on the first day the merger/acquistion announcement is released to the public.

Ebay's Board of Directors are sure doing their part in fighting Deflation worries... They gave Ebay CEO Meg Whitman a raise. Her base salary went from $250,000 last year to $990,000 this year. :D

Deflation worries ? not likely. Most of the things I see are inflating: Insurance bill: Has Inflated compared to last year's rate. Even car insurance go up as the value of the car deflates. :confused: Property taxes: Has Inflated compared to last year's rate SEC Fees: Has Inflated...

I'm glad someone else noticed it too. Higher prices on Low volume. Normally, I wouldn't put too much credibility on this type of upward move because low volume allows games to be play. However, I also see a 3rd Dimension that clouds my view. The breadth of stocks that went up on low volume...

Brandonf, Can you please elaborate what you mean by "moves structure" ? TIA

OMC Specialist likes to eat daytraders for lunch. I fell for his tricks a couple of times. Don't trade that stock if you can't read him correctly. There are other fairer specialist to trade with. Even David Finnerty, the GE specialist who allegedly screw his customers, will give you a better...

Perhaps the ADM Specialist is Net Short and it would not be to his benefit if the stock moved higher before he can cover his position. They don't teach you this in Finance 101 CAPM theory. :cool: :D

Good read, especially the part about ppl trying to scam off the Turtle's reputation. Thanks.

What's the link for the webcast ? TIA

Yes, good guess. I started out as an Analyst for Wall Street many many years ago before becoming a day trader. Old habits dies hard. :D

Goldman's Mortagage-Backed Securities business jumped from all the low interest home loans and refinancing. It is part of the declining interest rate play that drove up home valuation, spurred new home buying and refinancing.

Yes, I agree with silk. Homebuilders stocks also puzzles me too. I haven't figure them out yet. It is too differcult to day trade or swing trade them. I stopped trading them last year. There are other easier stocks to trade. Too bad all the Homebuilders are on NYSE and are not on Nasdaq...

Here is the link to the news story: http://www.thestreet.com/_yahoo/markets/rebeccabyrne/10081126.html The FleetBoston's Specialist who handles GE trades was placed on administrative leave. He was making a profit at the expense of his customers.

Thanks dougcs. I'm registered with TS and could access both the links. Interesting stuff. In return for the link info, I like to offer a pair trade that you might find interesting. Take a look at EXPE/USAI. When USAI first announced stock swap merger in exchange for EXPE shares, that...

It's the ECN's fault. ARCA in particular. I have another datafeed which is not IB and the crossed quotes on Level II was the same.

dougcs, Could you plz post the TS link. I could grab it from there so you don't need to repost it here since it is long. Thanks.

Please put on your reading glasses before babbling. Where in my previous post did I refer the Fees as "TradeStation Fees" ? I quote myself, "If you want real-time datafeed, you will have to pay extra for each Exchange that you want live quotes from which translate to four new additional...

I was referring to their monthly subscription fee. Their old monthly subscription used to include real-time datafeed to NYSE, AMEX, OPRA, and Nasdaq as part of the package. Now, their current monthly subscription no longer includes live quotes as part of the package. If you want real-time...