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Of course....goes back to the old addage that bad news sells newspapers. And we all can count on ByLo to copy every single fatalistic article he can find (does he have any time for trading or anything else) into a new thread on ET. It's actually becoming laughable.....I can pick out a ByLo...

This is great info. I used to operate my trading bus under an S-corp, but I opened an LLC late last year. I didn't realize the difference in the self-employment tax. I see the form deadline to change the filing as LLC to S-corp is tomorrow. Just in the nick of time!

Great and concise educational video. I never realized that the word "democracy" never appears in either the Constitution or the Declaration of Independence.

What was the result of the congressional hearings on M2M yesterday (Thursday)? I didn't see any news articles on those hearings.

1938 marked a low in the DJIA market, which moved up from there, only to retest it in 1942 (start of WWII), and never to be touched again. Coincidence? :) Don't lecture me on statistics. I understand fully well the difference between correlation and causation. My degree was in statistics...

Is it mere coincidence that the market stabilized and eventually recovered in the 30s when the uptick rule was put into place, and after it was rescinded in 2007 (yes, after being in place for over 70 years) the market plummeted by more than 50%, wiping out the savings for millions and millions...

You got it itsame. swtrader doesn't know wtf he's talking about. Obviously, he's never run a business. Cash flow statement is by far the most important of the 3 sections in the financial reports.

Take a basic accounting course, dude......difference between income statement and balance sheet.

Congrats on your big win PP! :)

This is hysterical. :p After all the critics rip Surf a new one for trying to predict the bottom, they turn on each other making this the biggest bitch-fest I've seen in a while (and that's saying something for ET!) :D

As I recall, you have an overall decent record, but you tend to be early with your calls. Same this time?

Susanna, I've used NT with Mirus/ZF for 3+ years, and quite honestly, I can never recall it suddenly crashing on its own. The rare problem I've had has been when the ZF feed had an issue (which I can count on one hand in those 3+ years). I've used it on two different laptops (both with...

Nice Work Pekelo. Hope you loaded up on the ES down there at 667. :)

Fascinating work, yoohoo. And from here?

Speaking as a fellow bald guy, we all look alike. :D

I've been using NT on a daily basis to trade the e-minis for 3 years. I can count on one hand the number of times I've had a problem, and I got those rare situations solved instantly by calling my broker. If you're having problems with NT, it may be due to which data feed you're connected...

PP, I feel for you. Your stop was -8 pts, and the market went -9.25 and is making a big rebound up into the close.

PP - Care to share your basis for a long? Just curious if your case for being long is any more robust than stock_trad3r's.

Because it reduces the ability to irrationally manipulate prices by those who have the economic power to do so, at the expense of the majority who are long holders?

Steve Forbes hits the nail on the head (three times) in an op ed for the WSJ today as to what's ailing this market (and why M2M is the biggest problem). http://online.wsj.com/article/SB123630304198047321.html