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  1. 4

    Wall Street's Rigged Casino

    I'm not trying to be the typical ET asshole, but you just don't get it. Since naked shorting is against the rules, why aren't the rules enforced? How is it that the exchanges and the regulators cannot enforce their own rules? THAT'S THE WHOLE ISSUE HERE! Hello? Anybody home...
  2. 4

    the end of UK.. RIP.

    THE SKY IS FALLING! THE SKY IS FALLING! EVERYBODY RUN! Whatever. We needed all this. Consider it a reality check. Weather the storm and learn how to grow from it. OR hide in your house on the internet and whine about how terrible everything is, meanwhile people around you are...
  3. 4

    Question about the 15% tax on dividends

    Yes on the 61 days. I don't think it matters if it's covered stock, but I can't keep up with the tax laws. What does your tax guy say?
  4. 4

    Filing taxes as a retail trader

    In my experience, $300 is worth every penny. Unless you file a 1040EZ, I really don't understand why you would do it yourself. Tax laws change every year. It's kind of like when a rock punched a hole in the A/C condenser of my car. I could have wasted a weekend and replaced it myself (I...
  5. 4

    Do You Think Trading is Gambling?

    When I play poker, I'm playing the odds. I do the same when I put on an options position. So I guess if one is considered gambling, the other should be too. My personal view is life in general is a gamble. Why should trading be any different?
  6. 4

    'Idiot-Savant' Traders?

    I scored 13. I don't feel pretty normal.
  7. 4

    Questions about "day trader" status

    I heard TOS changed their policy, too, but I don't know all the details.
  8. 4

    CNBC says Madoff may never go to jail - LA. man gets 15 yrs for $100 theft

    No Israeli beach for Bernie. Most of his clients were Jews. They want to see him hung in Times Square from his scrotum. And let's state the obvious. Bernie didn't do this alone. That's simply an impossibility. His sons were up to their assholes in this mess, but the goal so far has been...
  9. 4

    Japan's economy

    The Japanese suffered from the mother of all bubbles. The Nikkei increased 400% from '84 to '89. When it popped, investors pulled their money out of the country. Not long after, the USSR went under, the US began its bull run and China decided to knock a few bricks out of the Great Wall...
  10. 4

    Dow May Fall to 6,000 Should Low Break, Acampora Says....

    Something tells me 99.9% of the "sky is falling" crowd on ET doesn't have the balls to purchase puts or short equities at these levels. They sure do like to cut and paste doom and gloom articles and whine like school girls, though. :D
  11. 4

    Warren Buffett doesn't have a cell phone or computer

    How does that old saying go? Don't believe anything you hear and only half of what you see?
  12. 4

    Societe Generale....Calls For SP to 500, US Depression

    "Edwards has long been one of the most bearish analysts in London, first with Dresdner Kleinwort and then with SocGen. But he called in October for clients to increase their exposure to equities, which he said were due a rebound." So let me get this straight. This perinial bear watched...
  13. 4

    Peter Schiff

    Peter Schiff should own half the world right now, if he believed his own predictions. I wonder how his investments are doing.
  14. 4

    The Frat Boy Gets To Walk

    The ignore feature is wonderful. But I feel for the people that have to live with some of you. After reading an especially mindless post, I can just delete it and you from my screen. On the other hand, people have to live thier lives close to some of you.
  15. 4

    Worst Trading Platform Developer of 2008 Award

    The way your last paragraph sounds to me, you really don't understand options or futures. And could you please provide a link backing up your first comment, the one about 5 hedge funds (firms?) controlling the options and futures market in the U.S.
  16. 4

    JPM earnings tommorow

    They bumped up their earnings report a week. Usually a good indication, which in this case, it probably means they didn't lose as much as anticipated.
  17. 4

    Wall Street's Rigged Casino

    How much do you know about naked short selling? Many traders are still able to profit in a corrupt system (myself included), so they have a "who cares" attitude. But in the long run, the system is doomed to fail unless we take steps to level the playing field.
  18. 4

    Paper trading options

    ThinkorSwim PaperMoney. Just like everyone else said, the program consistently fills your order at or near the mid price, so if you can't turn the $100K into $500k, save your real money and keep learning and practicing the craft.
  19. 4

    Who remembers Jan 1995?

    I doubt if it was anything more complicated than the obvious: with the exception of a dip fueled by the war, the 90's started out nice. 1994 was a consolidation period. Fueled by the effects of the end of the Cold War and the net positive effect of the 1st Iraq war, Jan 1995 began a period of...
  20. 4

    Citi

    It gapped outside yesterday's trading range, yet it still filled it and went higher. It appears the big boys are toying with the little guys on this one. Do we have any daytraders around here making money off of C lately?
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