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    Huge Insider Trading Web To Face Charges

    It said they are going after "expert networks." Is asking some purchasing manager at a tech company "how's business" insider info or just doing good research? If you ask the guy at Best Buy how many tv's their selling, is that material non-public information? It's not like Best Buy management is...
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    F this...

    Not a good looking chart. http://stockcharts.com/h-sc/ui?s=F&p=W&yr=2&mn=0&dy=0&id=p92110598852
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    Taking 410K to 4million by Year End 2010

    You can't say that the BIDU losses were an aberration . . . when you take massive options positions on volatile stocks, it's part of the plan.
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    looks like IBKR looking to acquire Tradestation

    By the way, I think the reason IBKR has been so effective is that Petterfy is a trader. I can't think of any other firm run by a trader. Certainly not Schwab or Ameritrade or Etrade. The IBKR business model is making money on transactions, not on interest margin. An enormous amount of the...
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    looks like IBKR looking to acquire Tradestation

    The avg IBKR trader trades over 600 times a year. The average TRAD trader trades over 400 times per year. The avg ETFC, AMTD, and Schwab trader makes under 30 trades per year. TRAD is the last place to find the kind of high-volume trader suited for the IBKR platform . . . TRAD does about the...
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    55 years old average 401k balance $211k

    Hmm 2% fees on $211k is $4k per year. That's where the scam is.
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    looks like IBKR looking to acquire Tradestation

    http://sec.gov/Archives/edgar/data/1111559/000114036110043701/doc1.htm TRAD is the only large broker with the kind of high volume traders IBKR caters to.
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    8 Reasons to Not Be a Daytrader

    Investing/trading is a cottage industry with diminishing returns to scale. That's why the biggest hedge funds never get to a trillion AUM, not even close. There is no Walmart of trading that puts every other trader out of business. Smaller traders have the enormous advantage of quickly getting...
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    xlf bout to splode

    Fakeout or breakout?
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    Fee with IB

    Get another flat-fee account for large lot trades.
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    xlf bout to splode

    Most of these stocks are below tangible book,C and BAC, for instance, altho I trust C more than BAC. The decline from $38 to $5 was, I submit, a tad overdone. The return to book value is being obstructed by overhead sellers and gov't selling (in C). And with credit markets doing well, so should...
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    xlf bout to splode

    http://stockcharts.com/h-sc/ui?s=XLF&p=W&b=5&g=0&id=p83121768180 Breakout over $15 and the entire market marches higher faster.
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    Rogue Trader, Chicago Style (Great Story)

    http://www.elitetrader.com/vb/showthread.php?s=&threadid=202983 I started this same thread and didn't get a single response . . .
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    UpsideTrader - Anyone subscribe?

    This guy http://twitter.com/upsidetrader apparently just raised his prices. Anybody get his service? Reviews?
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    Taking 410K to 4million by Year End 2010

    "Also caught the SPY dip at 2pm on Thurs, making 6K when the market rebounded (actual max position size was 100 contracts)." So that's the equivalent of $12 million in spy. It's pretty clear that neke is a buy the dip trader with massive options positions . . . when the dips get bot, he does...
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    Dan Loeb's TPP for 16% off

    TPOU NAV is now at 10.67, the shares trade at 8.59 ask. I think getting $2 off a decent hedge fund is a good deal, Loeb should beat the market by a decent margin over the next 5 years. I'm putting half my IRA in Loeb . . . even a return to NAV generates a 25% return, not to mention growth in...
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    Why does ET countertrend powerful trends so much ?

    The OP says "trade with the trend" then he says "buy on a pullback." Doesn't he realize that buying on a pullback is countertrend trading?
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    EQIX down 25% AH!!!!!

    Probably Tony Saliba.
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    Taking 410K to 4million by Year End 2010

    Taking advice from Bobby W - that's gotta be a new low.
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