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    Negative Leverage trap question

    You might want to look at the UYG/SKF pair of funds to see how these things move long term. SKF has not eroded over time, it started out at $60 and hasn't been near that in quite some time. I'm not saying this can't be profitable, it just might not be as much as a no-brainer as it seems when...
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    AAPL buy back 20% of float shares

    Seems like a dumb way to eat up cash in this environment. I'd really doubt that rumor, since Apple has been so conservative and protective with their cash thus far.
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    Taxpayers are now buying drug companies.

    I think they wanted them to lend to businesses just as much as consumers, since most of the articles I've read detail businesses complaining about not having enough credit currently. Unfortunately, I don't think they anticipated job losses from loaning to these businesses :( I don't know...
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    Negative Leverage trap question

    Why not short them long term? Because they spike big and a broker can call back your borrowed shares at any time.
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    trading the SSO

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    trading the SSO

    For a daytrade, not much difference. For a multi-day trade, more of a difference, basically when it goes against you for more than a day it compounds how much it goes against you. So, if you are doing some sort of averaging down strategy expecting a return to mean, definitely not the...
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    9 years of free tick data with volume [1.5Gb]

    Hey, thanks! Going to download it tomorrow.
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    Time for Mild Financial Bounce Back??

    Are his positions in Bank of America and Wells Fargo common stock?
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    Time for Mild Financial Bounce Back??

    It's hard for me to believe in the nationalize all banks scenario since Buffett is one of the economic advisors for Obama and Buffett has a big stake in quite a few banks.
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    Foreclosure heat map

    Looks like that was from 2000 census data, though, probably a lot more now after the boom of the 2000s. With a population of ~300,000,000 that's a lot of housing units. Seems like the first problem in a lot of these busts is just total saturation of the particular market. I still think that...
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    Goldman Expects ‘Swift, Violent’ Oil Rally After Low Near $30

    Oil prices may test the low of $32.40 reached in mid- December before rebounding to $65 by the end of this year, the analyst said. With that damned contango in oil, I don't see how anyone can make much money at all on this prediction. The Dec '09 contracts are already tradng at $55. The...
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    Call to Arms - We Must Fight the 0.25% Stock Transaction Tax

    This is just not true. For every buyer, there is a seller. If you lost money, someone else made money. Stocks aren't zero sum, that's true, but look at an example. What you're saying is that if a stock goes up from $10 to $20, and there are 10 shares outstanding, if all people holding the 10...
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    Call to Arms - We Must Fight the 0.25% Stock Transaction Tax

    I was reading an article that talked about why London didn't fail as a financial center after the UK implement their tax, and the article was saying it was because the UK also implemented a law saying it wouldn't tax foreigners on gains made on foreign exchanges. So, it wasn't that the...
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    Call to Arms - We Must Fight the 0.25% Stock Transaction Tax

    This is debatable, since for every winner, there is a loser. *However*, since the max loss you can deduct each year is $3k and your max gain you have to pay taxes on is limitless, it would definitely affect taxes collected on capital gains in the near-term. Stretched out over 20 years or so...
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    Call to Arms - We Must Fight the 0.25% Stock Transaction Tax

    Please, guys, include this point in your letters. Also, include the point that our markets with their liquidity and popularity attract tons of foreign money. This money becomes part of our GDP through commissions and exchange profits. We don't want to harm an industry that brings money into...
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    Green on the 1/4% Trading Tax

    I wonder how much of GDP really is tied to trading. It's more than just the traders, you've got magazines, newspapers, bloggers, trading advisors, etc. I'm thinking there might actually be close to 1 job that doesn't involve trading for every profitable trader. Some of those would probably go...
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    What if Steve Jobs dies? What will happen to Apple?

    You can see if the institutions are heading for the exits: http://www.mffais.com/aapl.html
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    Line in the sand

    Yep, we're in the middle. We either go up or down lol. Not trying to knock your analysis at all. I think basically being in the middle reflects the whole trading community at this point. Good place to land in front of inauguration. LOL My analysis is on the SPY daily, because it shows...
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    I still don't understand how averaging *up* is profitable

    Look at the turtle trading system some more and you'll understand adding in an uptrend. It's got to be a big uptrend is the thing with that system, and you've got to have rules and be willing to be stopped out more often than not. It also makes sense to add if there's a clear target but you...
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    1/4% Tax on all stock trades pushed in NY Times today

    Good post, Robert. I think it would be a good thing if we could find articles to leave our comments at so people who don't trade can read the commentary. Everyone, let us know when you find articles that are still open to comments. Speculators are productive especially since they are...
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