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  1. Sam Mcgee

    Lol! Cramer: "higher Oil Is A Good Thing"

    Are you sure about that: http://www.tobaccofreekids.org/research/factsheets/pdf/0146.pdf
  2. Sam Mcgee

    Lol! Cramer: "higher Oil Is A Good Thing"

    There are a lot of benefits to high oil prices. I'd love to see gas at $10 a gallon or more. Here are some of the reasons why: 1. Higher prices would curb carbon emissions and prevent the world from killing itself. 2. High oil prices would spur the development of alternative energy resources...
  3. Sam Mcgee

    Why doesn't the government want you to know this about Oil ?

    The best thing for the US would be to raise taxes on gas, not lower them. You want to discourage people from sending money out of the country for imported oil. You could argue that increased gas taxes would hurt the economy but all you'd have to do is decrease income taxes by the same amount...
  4. Sam Mcgee

    Why doesn't the government want you to know this about Oil ?

    NAFTA allows the United States priveledged access to Canada's oil, even if Canada is experiencing a shortage. However both Democratic candidates have promised in their campaigns to reopen NAFTA so that America doesn't continue to be at a disadvantage like they claim.
  5. Sam Mcgee

    Best internet connection for scalping- trying to decide between cable and dsl ?

    If I were you and you hadn't bought a new place in Ontario yet, I would figure out a simple speed test to try at each home you were looking at to buy. Ask the seller of each house if you could try this test. There might be other factors besides whether it's dsl or cable determining the speed...
  6. Sam Mcgee

    Pesticides-nail to US economy coffin

    Austinp, Apparently you've done a lot of work trying to figure out the cause of all the bees disappearing. Have you done much research with the neonicotinic pesticides? Do you think that could be the major cause? I read that neonicotinic pesticides are shipped to 100 countries around the...
  7. Sam Mcgee

    Pesticides-nail to US economy coffin

    I agree, the majority of people don't have to worry. This only affects the production of fruits and vegetables. Most people detest healthy food like that. They can probably make twinkies and such out of petroleum byproducts.
  8. Sam Mcgee

    Profanity in the Postings

    I'm seeing more and more profanity used in the postings here. The profanity doesn't offend me. However I do like to browse Elite Trader occasionally on a break at work. My employer has certain standards for web sites that we are allowed to visit which excludes any with profanity. I'm sure that...
  9. Sam Mcgee

    Fired from Trading job - what to say in interview

    If I knew how to make a profit of $20,000 to $40,000, 119 out of 120 days I sure wouldn't be looking to work for someone else. If the job doesn't work out, let me know. I'd probably pay you more to teach me to trade that well.
  10. Sam Mcgee

    Losses beyond what's in your account

    I've read that with a Forex account you're dealing with a lot of leverage and that you can be liable for losses beyond the money that you have in the account. I remember someone saying though, with some Forex companies you'd just lose what's in your account, nothing beyond that. I've just...
  11. Sam Mcgee

    What's the cheapest way to exchange small to medium amount of money?

    I use my Interactive Brokers account to exchange from Canadian to US dollars. At my bank it costs about $25 per thousand to exchange money. With IB it's only about $5 per thousand by the time you add up commision and spread. I have an American and Canadian account at my bank. I send Canadian...
  12. Sam Mcgee

    Why give dividends?

    A dividend is hard evidence that the company is actually making money. It's impossible to fake them for any length of time. Otherwise you can get a scenario like Enron. If you want to keep your money in the company, just reinvest the dividends.
  13. Sam Mcgee

    I'm tired of IRS paperwork every year -- We Need a Change Now!

    America's biggest problem right now is that they spend far more than they earn. The best way to curb this is not to tax incomes and discourage people from making money but to tax spending with a national sales tax. Another thing that could help replace income tax would be a carbon tax. That...
  14. Sam Mcgee

    Investing in Hedge Funds...

    Thanks very much Makloda for your posting here. I had a little money in my IB account at that time that wasn't doing anything so I bought some of BH Macro from the LSE per your information. I got in just at the right time and made about $6000 after only a month. I sold it now to lock in the...
  15. Sam Mcgee

    How to repair a loud fan

    Putting a drop of oil on a fan is typically only a short term fix that will last a few weeks. When the fan starts making excessive noise, the damage is already done and oil will only give you a temporary fix. Plus, in order to oil the fan, you typically have to spend the time to take it all...
  16. Sam Mcgee

    Managed Account

    Does anyone know of a company or individual that will run a managed account for me with Interactive Brokers? I'd prefer that someone, who has a good track record, trade my account for me.
  17. Sam Mcgee

    Why the dollar will keep falling

    On second thought, keep things the way they are. It's too cold here in Canada, I'm looking forward to an inexpensive retirement in Florida.
  18. Sam Mcgee

    Why the dollar will keep falling

    They have to lower the cost of making money=lower income and corporate taxes and raise the cost of spending money=a consumer tax or federal sales tax
  19. Sam Mcgee

    Can automated trading system be profitable?

    A chart is basically just a represention of a series of numbers. You can convert the criteria that a "keen eye" uses to find chart patterns, into a numerical filter to find the same patterns.
  20. Sam Mcgee

    Do you (or someone you know) borrows money from the bank to invest?

    We have several bank accounts, all at the same bank. They are set up like that for tax purposes, different currencies etc. I always keep a negative balance on every account. I don't worry about it because I'm using that money for investments. The amount borrowed is a small fraction of the...
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