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I haven't read the book either but my rant for the night is that so often authors write books for beginners that are nothing more than unenlightened rehashes of works such as Edwards and Magee with a chapter on psychology thrown in at the end. /rant

Based on that criteria I'd have to say Dave is looking to scale into a 5K position in a range where he would like to be filled.

What's the difference between "scaling in" and "averaging down"? He seems to be taking a 5K position in chunks of 1K each 5 cents down. Is that "scaling in" to a 5K position or "averaging down" on a losing 1K position? But I have to wonder if that stop isn't too close (6 cents below the...

So Pussy, since you seem to be going out in a blaze of posting glory, any hints as to what your next user name is going to be?

I'm glad someone is enjoying himself.

Yes both OSes are reliable but the point above by Splat is key. With a Dell machine all the stuff they provide with the purchase *should* be configured to work with the OS. If you will be adding video card(s) or any other equipment, make sure it has working drivers available for the OS you choose.

cheapskate! :p DaytraderDave: I thought the point of daytrading was to go flat at eod. Is that just your posting name or your style of trading?

Yes I can relate to some of the sentiments you present, particularly about counting commission as # of ticks, and now down to a fraction of a tick. I'm all for lower commissions. We have the best commission structure we have ever seen in trading and it appears it will only continue to get better...

I wonder how much value is to be had from listening to the Nasdaq futures pit since absolute volume is around 11% and dollar weighted volume is only about 55% the mini volume.

The answer has to either be SIZE or LIVING WITH THE PARENTS.

There is another part of the home recapture that says if you lived in your home for 2 of the last 5 years as a home and used 100% of the home for personal, non business use during 2 of those years then your entire gain (up to the limits you previously specified) is deductible. See the section...

My memory is probably wrong. The only thing I'm seeing in the pubs is 2 of 5 years.

Really? That is news to me and good news at that but it does make sense now that I think about it. Thanks,

I don't see it this way. The property is owned by you the individual and not by the business (single family dwelling). There is only one house title, not one for the house and one for the house office. The house owner is also the sole proprietar of the business who claims the deduction according...

Yes you have to own the home for 2 years and reside in it more than 6 mos per year to have it qualify as your primary residence and also to have it qualify for no tax on capital gains on sale.

The black problem happens on one of my computers with IE 5, but not on the other with IE6 (and presumably a newer version of Flash).

Did you sleep in a Holiday Inn last night? The home office deduction is one of the few old/new gems available. The deduction reduces your basis in the home. In prior tax years when gains on primary home sales were taxable this might be a wash, but since the change in the law that removed...

Oh my, Mark Pasay and Dexter Nivek are two newbies who registered within the last 2 days and are having a conversation with each other. Coicidence or planetary alignment? DoDODodo DoDODodo DoDODodo DoDODodo You have entered the SPAM ZONE!

Murray, I don't mean to be an English teacher (while focusing on your mote the beam is clearly in my eye). But I believe the main reason people are having difficulty reading your posts is that you put in multiple........................and then continue.Or don't space at the beginning of...

Yes, except for his multiple aliases that now come on and spam his website from time to time. Check your private messages for a link to his new site.