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With decimalization the plus tick rule just didn't really work. Between 2001 or so when we went to decimals and July 2007 when uptick rule was eliminated, it was almost as if it didn't exist. Front-end systems were set so as not to sell on minus ticks and you got your order off. With all the...

Tax and spend. Tax more and spend more. Make friends with all the dictators that possess or desire to possess nuclear weapons, commit genocide, punish women for being women, etc... -then seriously piss them off with protectionism. Obama in one month is heading us for Depression then WWIII. Tell...

Union voters supported President Obama 67 percent to 30 percent over McCain. In the top-tier battleground states the difference was even greater, with union members going for Obama 69 to 28—a 41-point margin. Morgan Stanley estimates that pension funds world-wide hold over US$20 trillion in...

UBS settles for $780mm admitting it defrauded the US gov't, then refuses to say who they aided and abeted? Tax evasion is a crime and subjects the guilty party to fines and/or imprisonment. Leona Helmsley. In China the punishment can be as severe as the death penalty. Imagine if UBS Private...

Rick Santelli was a former floor trader in bond pit and a good one. He was someone that they pursued for his 'insight' like NYSE Art Cashin. They convinced him to give up trading and do commentary full time.

Oh Bolshevik! OK, scratch the 'Sam Adams' moniker. Rick Santelli is our modern day 'Leon Trotsky'.

OK, we have a winner to this. He can take on mtg thing too. Our modern day 'Sam Adams' winner is: Rick Santelli

Nothing has changed with regards to protecting your money in legitimate offshore accounts for privacy. These guys CHEATED. These brokers cheated. They admitted to breaking the law. They were caught. 'Avoiding' taxes, which is what people will continue to do, is not a crime. Nothing has changed...

The last time STET was seriously considered in 1990 the lobbyists that came out strongly against it weren't who you'd think they might be. The liberal left has come up with this idea but when they see who comes out against it, they will probably back down. I added this to my petition stamp...

Bears21 posted this on previous thread. He is exactly right. It will just change the way we trade. Broker dealers will be exempted from this tax, how else could they make markets and provide liquidity. As a matter of fact, liquidity as a stand alone argument is probably reason enough this will...

Doug, this is why I posted this earier. We understand you are coming from the hedge fund world, as are a number of us, and felt the neccesity to fill you in on how 'splits' work in short-term trading. You may still get a number of 'sign ons' but if you come to the market (at the market being...

Doug it seems like a nice offer and you will get many hits on your PM. You will be in for a lot of training from the repliers you get, everyone wants to learn to trade. 20% payout for a short-term/daytrading book is not that attractive unfortunately. You are willing to pay out on a monthly basis...

I admire guys that can follow 5+ screens, too distracting for me, but having tried different combo's over the years and I would say that 3 screens is the absolute minimum that you should be using. If not then you are probably going to be missing something in market, news, friends chatter, p&l...

Dell just got in 100 (170 in inventory) refurbished 19" monitors to Outlet and dropped the price to $99. Same link as above. Maybe we can all go to 17!!! :D :D :D

WOW. It must be like sitting in the space shuttle. I thought heated pool was a utility expense. I hope you are a K-1 somewhere so you can write off part of your electric bill. :cool:

Careful, 'ghost bids' are very much against the rules. Unless you can convince FINRA market surveilance that you just change your mind a lot. Can't believe this turned into a woman bashing thread. I like the initial thread starter. Like most NY'ers I have tremendous respect for 'Sully'...

This might be the most ridiculous thing I have ever read in this traders forum. 500 posts in 2 months since joining? Did you just get fired and are trying to irk as many people as possible? If you lived thru the crash of 1987, or were even born, you would not have written this. It is really not...

Anyway, back to the topic. The reason for the short tick rule being abolished was because it 'biased' stocks to the upside. It was removed to protect the public from 'manipulation of stocks'. If stocks trade off of 'future' earnings, 3-6 months out, then they are not too dissimiliar from futures...

I don't know if I would have taken this job right now if I were in his position. One of the most concerning things for me thru the early 'bailout' days was the frightening look on Paulsen's face. Hank was a guy that worked in the Nixon admin and watched his immediate boss go to prison...

I've gotten prints like this. I always thought it had something to do with it being a 'net' trade either for you or other side after ecn fee/rebate, but I could be wrong. Mine normally are not tacked onto the price and show up on my run after.