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    1/4% Tax on all stock trades pushed in NY Times today

    The thing is, this bill has been inserted into the stimulus bill and I think a few others, and it was ALWAYS been rejected with the same senate/house we have right now. Doesn't mean all this hollering will change a few minds and the spin about the "jobs bill"....just it has been tried several...
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    1/4% Tax on all stock trades pushed in NY Times today

    First, after analyzing the landscape and talking to others about this tax...I really do not think it will pass in any form. Saying that, here's the short list (stocks to short) just in case :D : CME IBKR AMTD TRAD SCHW of course there a probably many more, just quick thinking here...
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    1/4% Tax on all stock trades pushed in NY Times today

    Whether true or not, someone in another room said they heard that defagio is trying to getting rid of Geitner...makes sense, since he is big time against this tax. This gets more and more comical!! Hope we can make it till Nov 2010 w/o this free enterprise destruction, negative net revenue...
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    1/4% Tax on all stock trades pushed in NY Times today

    FOX business round up: Some WSJ reporter said this is in it's infancy...thinks it will not go anywhere..AND said pelosi and barney frank are shying away from this tax (aka, doubt they will support anything like it). Said this tax is small (dumbass), but it will lead to a virus. Also, the...
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    1/4% Tax on all stock trades pushed in NY Times today

    You know, as a side note, what is NEEDED in the Congress/Senate is damn TERM LIMITS. 3-4 terms max and your out. Not life timers who think they are rock stars, f*cking us taxpayers with pork spending, special projects for friends/family. This would ensure that the people who run for these...
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    1/4% Tax on all stock trades pushed in NY Times today

    Nicely said! I just hope they cannot shove this tax down our throats before Nov 2010:confused:
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    1/4% Tax on all stock trades pushed in NY Times today

    More CNBC crap about this tax.....SOMEONE has to shine light on how bad this tax is....even the causal swing trader would be put out of business!! The fact the cramer did a 180 and now Todd over at minyanville now says it will happen...tells me that they know something we don't. It just...
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    The IMF Is Not Exploring The Tobin Tax....

    This is just what we need to hear.
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    1/4% Tax on all stock trades pushed in NY Times today

    Well, I agree...but the momo building is what is making me nervous. One last thing, good ole obama is from chicago, and this tax would destroy the chicago financial districts...do you really think he would let that happen? And I bet he got BIG donations from the CME,CBOT.
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    1/4% Tax on all stock trades pushed in NY Times today

    What needs to be done is a feasibility study that proves how disastrous this would be and prove that it will be net revenue negative. CME, CBOT would almost shut down...I couldn't see how any futures market would exist. All online brokers would crash as well. And it would put not only active...
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    The end is near.

    Agree with all you said !! But Ford never took a dime from the gov. If I ever buy an American car, it will be a Ford b/c of that.
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    IB TWS: Foreign Cash conversions Ideal / Ideal Pro

    Ok, then what do I need to do for my situiation: I have a negative Yen balance under "Market Value" window in the Account. I have in the past clicked the "close all non-base currencies" and then it puts my into a USD/YEN fx position and would display under "FX portfolio". Then I would close the...
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    1/4% Tax on all stock trades pushed in NY Times today

    Screw it all!! We already pay SEC tax, and commish.....this is insane! I trade the ES for a living. My models trade once per day and this tax will put me out of business. My swing models will survive, but my bread and butter will be gone. My swing trading will take 30% off the off the...
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    1/4% Tax on all stock trades pushed in NY Times today

    Even at that, the liquidity in the equities and futures market would drop 50%+! It's all insane!!!
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    What are your favorite trading platform features?

    Which platform?
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    fdic today said banks using carry trade to buy stocks

    This is why u do not fight the TARP! The carry trade is using TARP money to buy stocks. You sell stocks once the TARP program is over and the Fed wants their $$ back. Simple.
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    USD symbol at IB

    U need NYBOT sub to get DX.
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    Yankee's Rally??

    We will c...... :D
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    Yankee's Rally??

    R da traders gonna rally us for da parade and friday?!?! :D
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    No Brainer Breakouts or How An Early Bird Catches A Worm

    Have you ever look at using the opening 30min as your range, then basing the trades from there? Seems to be better for just liquidity and normal hours (at least for me in USA). Again, good work!
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