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    the solution to illegal immigration is to get rid of the minimum wage

    Oh yes, what a wonderful idea. And how exactly is someone working at, say, McDonalds, supposed to put a roof over their head if minimum wage were to be cut in half? Heck, I don't know how many individuals survive even with the current level of minimum wages where I live (I believe it's...
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    Interest Rate Swaps / Swaptions Retail

    I don't have any real world experience with using swaps, but from a textbook perspective I don't think that you have explained this correctly. Currency swaps exist for the purpose of assuring certainty of future cashflows, interest rate swaps exist due to inequities in obtaining financing...
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    Interest Rate Swaps / Swaptions Retail

    I agree with this somewhat. I don't think that the complexity alone is justification for a product not to exist, but I really wonder how much interest retail-traded swaps would garner. Also, when you say that corporations use swaps to arb the cash market and lower their cost of capital, isn't...
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    Are most traders married?

    I'm "taken" but not yet married, and I've been slowly teaching bits and pieces of how the markets work to my girlfriend. I think that she will be the type of person that is generally interested in knowing what I'm doing (and will support me in pursuing this), but won't really need/want to know...
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    Comments on trading US equities as a Canadian with recent currency action?

    If you are a Canadian and looking to trade US equities, you basically have three options: - Canadian dollar denominated account, with exchange into US dollars taking place each time you trade - US dollar denominated account - IB's Universal Account (I don't use IB, so I can't really...
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    DRL: seems to me an amazing buying oppty

    Hmmmmm, interesting stock, but I'm not sure that I would want to touch it. The very low P/E ratio caught my eye, so I started going back through news items for the company, and "accounting restatement" jumped out at me... Regarding the May 2006 $5 call options, I'm showing open interest of 89...
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    Short materials sector

    Isn't that what this particular forum is for, discussion?
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    Short materials sector

    Assuming that you are referring to commodity stocks (oil, steel, etc.), I was actually just about to post something similar myself. Not going to post any charts, but here are a few names that caught my eye re: bearish potential: Imperial Oil Ipsco Canadian Natural Resources Ltd. Russel...
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    Any part-time trader here with a proper day job?

    Mine doesn't really understand trading, though I'm slowly educating her about various business, econ and finance stuff (I mean that in a nice way). I think that in order for me to trade full-time we would need to have a bit of a cushion, and I would probably need to show her that I'm capable of...
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    sources for stock picking

    I've tended to accumulate a watchlist over time, I just go through the daily charts on a regular basis looking for interesting set-ups, and set alerts for myself.
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    Any part-time trader here with a proper day job?

    My perspective on that is that you might want to consider pursuing trading full-time, but that you should probably also try to build up something first to fall back on (let's call it hedging your bets). I'm at the stage where I now have a full-time job and will be able to trade a bit early in...
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    Oil hits new peak at $75

    I'm very interested to see where this is going to end, and how. I don't trade futures (yet), and I haven't been trading long enough to be familiar with commodity cycles (i.e. practical experience rather than just reading about history), but this is just getting nutty in my opinion. Joe Blow +...
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    I screwed up, I'm still learning.

    I agree with DonnaV on this one, regardless of whether you are trading options or the underlying. I just think that there are some stocks best avoided until you have a great deal of experience, and GOOG is definately one of them. Of course, another reason that I avoid GOOG is that I don't...
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    Pictures of your trading stations

    I agree with you on that one in terms of personal preference, I have a pretty large desk. I wanted something that I could have a computer + keyboard + mouse on but still have lots of room to layout my books for studying. It'll be even better once I can ditch the space hogging CRT and buy a...
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    Making The Switch to Flat Pannels... But Can't Decide.

    I would suggest checking out the Viewsonic VX2025wm, it's a 20" widescreen panel, and I was extremely impressed with it when I saw it a couple of weeks ago. I've seen it selling for as low as about $500 CND, and I could see that dropping even further this summer (apparently there is an...
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    Chart watch - TZOO

    In retrospect, I suppose that I left a lot of hypothetical money on the table, but I don't really have any regrets in doing so with a stock this volatile.
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    Intel's future

    I'm going to continue to keep an eye on Intel as well, but I want to see some signs of an uptrend before I open a position. I have a very strong feeling that it is going to move below $19.00 next week. The two key datapoints that I'm looking forward to are detailed previews/reviews of the...
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    Something explosive is going to happen in Silver and EUR soon..

    Tomorrow should be interesting, I wouldn't be at all suprised to see it drop further, judging by the action in GLD today.
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    Who here would trade in Threat assessment Exchange?

    I doubt that many people would want to go long "presidential assassination" futures, for obvious reasons. I suppose it depends on your definition of threat, but I can't see this type of exchange ever seeing the light of day.
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