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Chris: I'm puzzled. How do you go long on this type of signal if you're holding a short position? OldTrader

I gotta tell you, this has been one confusing story. I think I got it now. You entered an order which evidently was executed but did not show in your system. So you entered a second order. Is that about it? Frankly, had I been in your position I would have called them to verify the fill...

I've traded some SSF at times. In the SSF's I've looked at there is decent size on the quote. C for instance is one that I've done recently. At the time I traded there was 100X100....the equivalent of 10K shares either way. That said, you're going to have to trade at the bid or the...

You mean....are any of the aforementioned columnists guilty of securities fraud???:D Why don't you foreward your suspicions to the SEC? OldTrader

Whatever this is, it's not a "performance" summary. Where's the checkbox for "I had no problems"? OldTrader

I installed and used Spybot on a couple of computers. Spybot.com. Found and removed alot of stuff. OldTrader

I think you're exactly right....if you're going to hold the property long term as a rental, then it's all about cashflow. Where you and I disagree is whether acceptable cashflow is achievable. In my area (the Midwest) it is. What most people do not realize about real estate is that it is...

I guess you and I look at this differently. If I were successful today in buying a property at a large discount....I reduce the value of my discount by holding the property for 30 years....is this not true? Therefore, the value of buying at signficant discounts becomes less important (not...

Just thought I would point out that in 1986 I believe, the tax law changed. Specifically, the change had to do with how depreciation was handled. Up until that point, many in real estate were buying as a tax shelter, using accelerated depreciation to write off more than their investment...

I think 10% in terms of selling costs is fairly close. The real estate commission alone will be 6-7% depending on the state. Other costs of sale could easily be 3% or so. As far as taxes and the depreciation recapture, I would estimate this as a total of 30%. But there may be states where...

I've been buying building of 4 units and/or less for many years...to include single family homes. First, there is a difference in returns depending on geographical area. California for instance you could not rent out a single family home for positive cash flow without a very large down...

I doubt if the "smart money" is selling their rental real estate right now. For instance, I've owned rental real estate for many years. I have large profits. If I sell I am going to pay something like 30+% in capital gains tax (Federal and State), along with depreciation recapture. Then I'm...

Just to clarify, I assume when you say $4500 stop, that you mean $4500 per contract? Or 18 points on the big SP contract. OldTrader

That's what makes a market my friend. Someone buys, someone sells. Please feel free to fade me. But before you do, understand I did not say that small stocks were going down. Your question had to do with the January effect.....something that you evidently know little to nothiing about...

I don't expect to see a January effect this year.....we've had a "January effect" since March...a market led by small and medium caps. I expect to see the opposite. OldTrader

Just a few comments: 1) Before you knew what had happened or whether there was a problem at all, you were posting here on the board hammering IB. Not the way a professional handles matters in my opinion. The first step is to contact IB, find out if you are filled. If there is a problem...

I think def makes a good point here. I caught myself wondering if you were looking at the close, or at the bid/ask. Because most of these SSF's trade very little, and therefore the last trade price may not reflect where the bid/ask is. I have traded SSF a few times just to experiment. I've...

First, I agree that Abhay would be well advised to seek out a professional to consult with regarding any tax or legal question of this type. Second, I did not read the original post thoroughly enough it seems. I missed the part where Abhay said he would have no money in the deal. Therefore...

Set an LLC up. Net profits here flow through to the members. OldTrader

Not sure what you are expecting here. Perhaps you expect me to launch into a full scale debate of GBush vs Adolf Hitler. Frankly, I doubt that is necessary. I think most responsible people would have a problem comparing a guy who murdered millions of Jews with G Bush. Remember, you used...