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    hire/interview process

    It depends. The best way is to send directly to the hiring manager (name known) via email. Response should be 24-48 hours or you didn't make top 5. The worst way is to send to an anonymous Job Board posting not knowing the company name. Noone may ever open it, instead it may be indexed...
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    IB's 4% Intraday Initial Margin Req. for Index Futures

    Some perspective on the merits of increasing margin requirements: Lets rewind the clock back to an event like 9/11. What happens to all those "daytrading" accounts trading close to margin that were long ... lets pick the NQ ... long NQ intraday, when all of a sudden - TRADING HALTS. Halts...
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    Toll Brothers Unprecedented Weakness & Unmitigated Disaster

    Wow. I had no idea these guys were in NYC metro area. Amazing that they see a demand in an area hard hit from IBM shrinkage over the past 10 years.
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    IB Unbundled better even if you are low volume trader??

    IB introduced "unbundled" in Jan 2004. At that time, they charged a $0.10 "overnight carrying fee" for each contract held overnight. Every night. It appears those fees listed in the table you reference do not include this fee. If you day trade and close out each night it may not matter...
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    Average US new home price $237,000?

    Median is 100k. But, what is surprising is that only a few here caught it? Deviltrader, congrats the catch, but the median and mean should only converge on a "Normal" or "Gaussian" population distribution. I doubt the "Price" of home sales falls into a normal distribution. For a normal...
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    Internet hedge fund fugitive caught after 5 years on the lam

    http://atlanta.fbi.gov/dojpressrel/pressrel07/embezzlement050107.htm ... still happens today. These guys deserve jail.
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    The Spooky Echoes of '87

    1987? ... don't worry too much. If you bought the DJIA Jan 1, 1987 and held it through Dec 31, 1987, would you be up or down? Answer looks like: minimally up on price + a nice Dividend - you would have made money holding through the crash in 1987.
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    IB is Refco 2.0!

    It seems in the USA, if you sell patent rights, the new owner can sue. If you sell a subsidiary, they can still sue. It seems that as long as it is not a personal claim ... it can be sold and assigned along with the property that was damaged. ... in this case, TP is majority shareholder of...
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    IB is Refco 2.0!

    It appears that Thomas Peterffy purchased the loss so that he can personally prosecute those who caused it. He is going after them and that is much easier to do, when personally, rather than corporately - you don't have to file everything with SEC/Edgar. And of course, there are the "German...
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    When Genius Failed

    In a melt down, if ther are huge "loses", then there are equal and opposite huge "gains". LTCM melt down was a huge wind fall for those on the other side of the trade. "Fear" of a "market melt down" should be channeled into strategies to make money from it. Zero sum game.z
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    I got a hedge fund job

    The key to your first job out of college is how much you "learn and grow" in the next 2/3 years. Make a plan - learn the other roles that interest you - be curious - be helpful. 3 years from now you want to be able to walk into a job interview and blow the principal at a competing Hedge Fund...
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    FL Real Estate Market

    Median home prices in Miami -10.5% last 12 months according to this: http://www.housingtracker.net/askingprices/Florida/Miami-FortLauderdale-MiamiBeach/
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    FL Real Estate Market

    Passive Real Estate losses can only be offset against passive real estate gains. If you are reporting a passive real estate loss, and you have a good CPA, he is probably carrying that loss forward to the future, until, someday, when you have a real estate gain, you can then subtract if from...
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    FL Real Estate Market

    You will only get the "keep" the depreciation, if, and only if, you property is generating a profit before the depreciation greater than the depreciation. Unless, you declare yourself a real estate professional - then you can deduct the loss against other income. Big big factor these days.
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    Short Google, MA, AAPL AND RIMM

    AAPL & RIMM agreed. Nowhere to go, but down ... but, when.
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    CC vs Short Put (dividend paying stock)

    If one is willing to split a CC position, by closing out the underlying (due to trading slippage opportunity), then one should be willing to sell the underlying (or go "Short") if one was holding an exactly equivalent "short put" position. This should yield the exact same trading P/L as CC...
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    Black Swan Trading

    A strategy of buying lottery tickets ... with positive expected value ... unfortunately, sometimes we just don't live that long ;)
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    who determines amounts of futures contracts available for trade?

    ... a starting point on the Hunt brother's siliver episode http://en.wikipedia.org/wiki/Silver_Thursday
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    who determines amounts of futures contracts available for trade?

    Are you asking about "Open Interest" ? ... here is the open interest in all of the SP500 (big one) futures contracts. http://www2.barchart.com/dfutpage.asp?sym=SP&code=BSTK ... as you can see, there is only 1 contract of "open interest" for the Sep 2008 SP500. I would assume, one...
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