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I for one think its too early to judge Geithner, going to give him the benefit of the doubt for now. He can't be that bad of a guy, he's from Brooklyn! The commentator on Fox this morning said something funny though. Reflecting on TG's first speech and the markets reaction he said, "I don't...

What's illegal? Short selling is not illegal. Naked short selling is already a violation of SEC rules, they should just enforce it already and shut up. Percentage of stocks that fail-to-deliver is less than 1% of all shares traded. Of these many are long sales that just don't get settled on...

First post, this is a joke right, funny. But seeing as 63%+ of Americans owned stock in one form or another according to Princeton survey in 2006 (Mutual funds, 401k, company stock etc...), who is your majority of Americans? Of the 37% lets say that don't, what percentage of them vote? This is...

Wrong Walter. Dismal effect from raising the Capital Gains tax by Clinton. All of the growth that came from the period of Clintons presidency came AFTER he gave in and lowered the Cap Gains rate back to 20% from 28% in 1997. Nice 'spinster' try. Link: Don't buy the liberals' claims about...

Stamp tax was the reason behind the Boston Tea Party. If this does fly we might have to rebel and form our own government. Maybe take over a state or better yet an island in the tropics. Maybe NYC, it would resemble the NYC in 'Escape From New York' though probably. We would need a modern day...

I'm sure that a lot of this has been covered, but it could never happen. Pete and rePete (Stark and the guy from Oregon, so left they 'goose step' into Capital) were politely dismissed when they initially brought it up in September. Imagine a $60 stock where u had to pay .15 cent tax on way in...

I used two computers for a while with 3 screens, just not necessary anymore. Unless you are running Bloomberg or something, uses up a ton of bandwidth and RAM for some reason, not worth the hassle, even though I had the two networked. I find 1 computer and three 19" screens to be fine and not...

It's really unbelievable. Having been at a bank, at a hedge fund and a daytrader, I have never been able to short a stock without a locate, ever. Who can naked short sell then? I don't think any of the 'opponents' have a clue what actually goes on. Like the ban on short selling banks. The buyers...

These stocks didn't pay 10 years of dividends either, bet their numbers are much worse. I can't imagine giving my money to someone like Bill Miller at Legg Mason/Citi and paying him fees to lose 50% of my money last year. Last time I had a mutual fund was in late 90's in 401k. I put in like $40k...

I always felt that markets tend to go up in an orderly fashion. On the upside you get much more 'back and fill'. Oppourtunities to get onboard if you missed. In a down market, they tend to move much more quickly. The biggest and quickest bang for your buck I have always found on the short side...

Great to hear you swing both ways T-Bone! No place for a bull market trader these days. Careful though, with statements like yours you may have to back it up on here with full disclosure.

Funny because with the Westminster dog show on last two nights, I couldn't help but think of the following. That guy who anchors the morning CNBC show with Erin, Mark Haines, he reminds me of Fred Willard's role in the movie Best in Show. Willard is the actor that MC's the dog show and has...

Don't think Dodd cares either way about the Hedgies in CT, I don't think relaxing MTM would matter much to them anyway. However, as head of the Senate banking Cmte he can push this and maybe one of his biggest tax payers in CT would stop having multi-billion dollar losses ($7B today, $20B ytd...

Agree. I chart the E-Mini, but trade the SPY (SPY tends to have misprints and throws off charts). It works vice-versa as well. They are so linked together that if you watch closely you will see the SPY trade in a .03 - .04 cent range, back and forth, then tick up and trade in a .03-.04 cent...

E-Mini S&P 500 currently down 6.25 to 858.75 or .72 % (ES H9)

I looked into moving to Canada when Obama got elected. I was just worried that he would spend too much and enter into a protectionist type mode. Two weeks into office, biggest spending bill in history, and 'buy American only' for all those that receive this funding, which I believe is seriously...

If I were smarter I guess I might have seen this as more of a warning sign, don't know what I would have done anyway. I remember looking into the re-fi mkt for my own property on east coast, I saw a statistic 2 years ago that Californian's were 65% in I/O loans, many of which were done over 100%...

Insane. There are algorithms that trade in and out of the SKF's all day long keeping it in line with the current weightings for the short banks that it represents. On any given day it normally moves inverse 2x the BKX index, which is not a mirror image yet similiar enough. Cramer's point I guess...

Most people I know use ARCA, as do I. It DOES matter regardless of size. I try to buy everything on the bid and sell only on the offer whenever feasible. This is 90%+ of the time. With penny spreads, I rarely miss anything. If you do this and trade say 1mm shares thru ARCA a month, you pick up...

Without taking sides on the issue, because I am now a daytrader and proud of it, I will say this which I haven't really heard said well yet, but I'm sure we'll see it somewhere in the press tomorrow. Wall St.'s high paid bankers/traders are the second highest cost for these firms. If you...