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  1. K

    Interactive Brokers Launches $400,000 Electronic Trading Olympiad for Colleges

    My logic is silly? Take my posts to your corporate legal counsel and see if he/she thinks my logic is silly. I don't believe that any competent attorney would find this contest without considerable risk, except perhaps due to not wanting to upset executive management, or because the attorney has...
  2. K

    Real-time trades

    This thread belongs under the "Journals" forum, in my opinion. That said, it appears from your posted remarks that you are a long-term investor who likes to dabble around with what is apparently a very substantial amount of available capital. There's nothing wrong with this approach, but it's...
  3. K

    Interactive Brokers Launches $400,000 Electronic Trading Olympiad for Colleges

    This is probably an accurate analysis. However, I think it runs a serious risk of violating securities law, because IB knows or reasonably should know that no trading system can be successfully tested without actually trading the market. There is no market without participation. Thus, if IB...
  4. K

    ET userid ratings...

    By golly, you're right. I misread your post. You did say "moderation" and not "moderators." My apologies.
  5. K

    What did Cramer do to have the SEC restrict his trading???

    The simple answer is that Under Section 9(a)(2) of the Federal Securities Act of 1934: "It shall be unlawful for any person, directly or indirectly, by the use of the mails or any means or instrumentality of interstate commerce, or of any facility of any national securities exchange, or for...
  6. K

    ET userid ratings...

    No one has suggested that a rating system be used as a substitute for professional moderators. However, on that point, I see little evidence of any expectation of "professional" conduct on ET. Rather, people all just say whatever they like, and as long as they don't do anything that seriously...
  7. K

    The Capitalist system, it's flaws and possible solutions.

    I think pure capitalism works fine, as long as competition is not overwhelmed by any individual market participant. However, history has demonstrated that capitalistic style economies tend towards aggregation of market share in the hands of the most efficient producer (not the qualitatively...
  8. K

    ET userid ratings...

    This seems a bit conservative to me. Perhaps by adding functionality, the site will gain users and thereby increase ad revenues, which would overwhelm the development and administrative costs. No risk -- no gain.
  9. K

    Interactive Brokers Launches $400,000 Electronic Trading Olympiad for Colleges

    This is a ridiculous contest. No trading system can be successfully tested without actually placing trades. The market does not operate in a vacuum.
  10. K

    Intc

    Trading advice from a night shift Fab worker should not be heavily relied on. And, if Intel Legal discovers who this person is who sent you this mail, that person could be subjected to a "corrective action program" for attempting to offer insider information in violation of Intel Policy and...
  11. K

    Best advisor on Elite

    I have seen star ratings based on the number of contributions, but not ratings based on the subjective opinion of the community of posters. Anyway, it's a great idea.
  12. K

    ET userid ratings...

    Someone in one of the main forums suggested that there be a means of rating the various ET personas for the quality of their contributions. I think this idea has considerable merit. It certainly would give people a method to evaluate others without actually obtaining any verifiable info. I...
  13. K

    Best advisor on Elite

    This is a very interesting idea.
  14. K

    Intc

    Please let me know the very second that you sell, because that's when the stock will probably rebound.
  15. K

    What entity to use in no personal income tax states

    I don't understand your question. The purpose of a separate legal entity is not to avoid taxation. The main purpose is to have a separate legal existence that can be owned by a number of natural persons who have no general liability for the debts of the entity in excess of their investment...
  16. K

    The legitimate complaints against Bush regarding the response to Hurricane Katrina

    Yes, we do need to hold government accountable. The article is 100% opinion, and because the opinions all point to each other as worthy of blame, it shows that no one at the Federal, State or Local level, is quite certain how the emergency laws apply. The Federal government has discretionary...
  17. K

    The legitimate complaints against Bush regarding the response to Hurricane Katrina

    I think this is a pretty accurate article -- it's evidence of classic after-the-fact political apologetics and fingerpointing at every level. Probably worth emphasizing that the only person who you can depend on in an emergency to help you -- is yourself!
  18. K

    The legitimate complaints against Bush regarding the response to Hurricane Katrina

    Funny. Savage is such a totalitarian. His first move is always to use force to achieve the means to an end. What a grenade thrower. Actually, a majority of the displaced citizens would probably like to go back and get paid to restore the city. Government will pay good money for it, so I doubt...
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