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After we get through this, and the Democrats extract their pound of flesh by passing tens of thousands of pages of regulations and God knows what else, what makes you think there will be any markets worth trading?

I think there will be some diversionary tactic soon to keep people occupied while this gets passed. Perhaps they will start the new season of American Idol early.

Yes, an absolute joke. Since it's a given we are passing a package regardless I'd actually rather go with the original Paulson let me do it all plan than a plan crafted by politicians. What percentage of these folks in Congress can even read a balance sheet? From what I can tell, a...

One overlooked aspect of this rescue/bailout/circlejerk is that in exchange for the $700 billion the politicians have all kinds of ammunition to do all manner of stupid things. We already see the demand for a pound of flesh. We probably have already written a second, shadow check for $700...

Isn't Bernanke's philosophy that he is never out of bullets because he has this magical thing called a printing press?

It's hard to even compare the two. Ninja has charting, back testing, trade automation, T&S, DOM, market depth, order entry, portfolio management, chart trading, a market scanner, news.. Multcharts has ... charting, back testing and trade automation (IB only though).

I don't disagree with anything you say. But this "bailout" will be the enabler for the next 1000 bailouts, zero chance it is the last one. It is clear the take away from this will be "Government isn't involved enough"

But the banks are not coming to the government asking for help. It is really the government going to the banks asking for help (please start loaning money again). Don't the banks have most of the leverage here?

Sen. Schumer said today that he had talked to siomeone working in auto financing, and he told him that at this point things were so bad they were only making loans to people with high credit scores. OMG, the horror! And another guy (Sununu?) says we have to get consumer credit going again -...

Seems to me there is almost no chance that 700 billion doesn't happen. There is simply no way you wave that kind of money under a politician's nose and have them say no thanks. Now we are just grandstanding for the camera while everyone tries to get a piece of the pie.

I still would love to see someone shoot straight on the ramifications of NOT doing the bailout. When asked directly, they always avoid answering. "Unemployment will go up." Fine. How much? Up to 8%? 10%? 20%? 30%? "The economy will retract". How much? For how long? Am I going to wake...

Won't the money just be created out of thin air? So I'm not sure how good it is. BTW, Paulson just told the Banking Committee that the 700 billion isn't an expenditure, it is an investment.

But why is there a dearth of qualified buyers? Isn't it because homes are still tremendously overpriced historically relative to income? It seems to me the long term solution is to get people out of homes they fundamentally cannot afford, and into housing they can. Even if this means (gasp)...

This is from the original article. I think I am gaining a handle on some of this, but I still don't get what happens if we *don't* bail everyone out. So what if it takes years to sort out a bankruptcy? What does this mean? What happens during those years? Why is this option "untenable"? I...

I give Haines some credit. He knew he got owned. Did you hear him laugh and say "I hate it when people come on here with facts" or something like that.

From this page: <B>Luckily, Obama promises to simplify the filing process by filling forms out for you.</B> Wow! On top of all his other duties as President he is going to do everyone's taxes for them. What a guy!

Are you saying QT no longer has a limit on number of days in an intraday chart?

Although I'm not sure you can accomplish what you want using it, but Good-After-Time is available in TWS. It's just hidden by default. Try Configure - Feature Selector - Order Management - Time In Force - Good after

Ninja does not backfill tick or volume charts from IB. It does backfill seconds/minutes/daily charts from IB. IB doesn't provide historical tick data - it only provides 1 second bars. Some software (not NT) will use these 1 second bars and massage ticks from them. Of course some accuracy is...

Because the US government says so.