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  1. K

    Limit Down in ES ?!

    How can there be 21 contracts sitting on the bid? Shouldn't those get hit instantly? EDIT: I guess those are below the limit?
  2. K

    If The U.S. Is Printing Massive Amounts of Money...

    So what are ways to play this?
  3. K

    Credit Default Swaps (CDS) wtf?

    No, I only deal with reputable companies like AIG.
  4. K

    Larry Kudlow

    I agree. IMO he's the most annoying person on CNBC. And that's saying something.
  5. K

    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    Maybe. Or maybe at this point it would be better to not draw any more attention to it.
  6. K

    Is Morgan Stanley the next Lehman? Shares down 35% today alone.

    It's the evil short sellers. no, wait...
  7. K

    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    2% of their income sounds a whole lot better than 100% of mine.
  8. K

    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    2% of what?
  9. K

    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    We know we're free because they keep telling us we are.
  10. K

    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    If they make exceptions for broker-dealers and mm's, what the point of the tax? To punish the people who *weren't* responsible?
  11. K

    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    Here are two things I think we need to emphasize. If they want to "punish the people responsible" there are better, more direct ways to do it, and there would be many negatives to the transaction tax, including: -It unfairly punishes retail investors, who had no part in creating this...
  12. K

    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    That's one of the things that really pisses me off about this. They want to tax transactions to punish the people responsible for the mess, but then exempt the people who *are* actually responsible. That leaves... us.
  13. K

    Parking money: CD vs. ???

    I was just looking through the prospectus and it looks like the FXF fund would have some exposure to JP Morgan Chase instability. Is there a better way for an individual investor to get out of dollars and into Swiss francs?
  14. K

    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    Before I heard of the proposed transaction tax, I thought the Democrats were by far the lesser of two evils; it's almost unbelievable how much the Republicans have fucked up this country in the past 8 years. But now, from my prospective, the Republicans are by far the lesser of two evils.
  15. K

    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    I agree, especially if the Democrats gain power in the election.
  16. K

    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    It's ironic that small independent traders as a group are very opposed to the sorts of shenanigans that led to this crisis, and that is who the transaction tax would hurt the most.
  17. K

    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    So you're going to contact him?
  18. K

    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    That's the most magnificent run-on sentence I have ever seen. :D
  19. K

    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    We need to emphasize how this would hurt the RETAIL INVESTOR. Because nobody gives a crap about daytraders.
  20. K

    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    Reality doesn't matter. "They hate us for our freedom." "Ya mean pay for it from somewhere other than my taxes? Sounds good to me."
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