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  1. M

    IB 2009 gain/loss summary reports a total mess !!

    Ok I finally tied this into my 1099 but what a mess they made of this . At least they could have provided a filter to take out the wash sales from the report .
  2. M

    IB 2009 gain/loss summary reports a total mess !!

    How may people who use Interactive Brokers have seen what a mess these idiots have made of the gain loss summary with the wash sale items. There is no way I can tie this into my 1099 B . If you import the summary into an Excel worksheeet and do a formula total of the columns you will get a...
  3. M

    Announcing eSignal 10.4

    With all the free stuff out there as well as Quote Tracker why do people still pay for this ?? It costs me $ 15 a month for Total view from Interactive brokers and it works perfectly with Quote Tracker. All my time and sales info flows great for charting .
  4. M

    you're paying for this schoolbus drivers $800k house

    I hate to say it but I don’t care if people like this lose a home like that . They had no business buying it in the first place. They can lose that home and get one they can afford. I am not against the plan to help out home owners. Lets help out the ones that can still afford the homes they...
  5. M

    5k to 25k in 100 trading days.

    5 K into 25 K in 100 days ?? Now that’s funny !!
  6. M

    covered options

    My use of the term “cost basis” does not apply to taxes , rather it gives me a idea of the net cost of my stock that include option write premiums so I can determine where to write future options as well as how much I made on the stock when I get called or sell it outright.
  7. M

    covered options

    Covered calls, especially in this market environment are a great way to bring in money and lower the cost basis on stocks. I bought high quality tech stocks over the last 2 months and have wrote calls on all of them. Collectively I have about 7000 shares of INTC , MSFT , CSCO , YHOO and ORCL...
  8. M

    Stocks to buy now

    I agree that the market has not bottomed however it is a good time to be putting a little money to work. I have been buying and writing options on all my positions. I purchased 20 INTC Jan 2011 calls today right at the close for $ 6. I had placed an order to buy @ $ 6 when the option was...
  9. M

    Stocks to buy now

    Buy and do nothing ?? How about cover call writing to bring in some nice premiums.
  10. M

    Argh! 2 day losing streak to start my Da-Trading career...

    Drop the tight stops and stop using someone else’s buy and sell signals. Get familiar with a small group of stocks and trade them. Like Jayford said , no one ever loses money paper trading . One of the biggest challenges of Day Trading is the mental aspect of it. Can you think straight...
  11. M

    EBAY Changes Feedback System- Sales about to Plummet?

    The whole e-Bay feedback system is a joke. I buy and sell coins on E-Bay . I notified E-bay on some sellers that were selling scam slabbed coins. Anyone who knows anything about grading coins would be able to spot that the coins were improperly graded. But a novice would not have a clue...
  12. M

    IB TWS is the most confusing trading platform I have seen

    Why dont you learn how to use it first before you complain . It is a little cumbersome at first but once you get the hang of it TWS is a piece of cake . Make sure you learn how to configure hotkeys, makes trading a lot easier.
  13. M

    Obama wants to raise cap gains 75%

    Rush to the exits and they would put their money where?? Raising the Cap Gains tax wont stop people from putting their money in the markets. He would not raise the cap gains tax to more then what a persons effective tax rate is anyway. It would not be greater then 28 % . The 15 % cap...
  14. M

    Cramer on downtick rule

    As I frequent short seller I hated the up tick rule . Think of it this way , more shorts can mean more shorts to get squeezed for all you longs!! And I have been squeezed more then a damm Orange :-)
  15. M

    Writing naked calls in a down market

    Selling a naked call is about as risky as its gets with options because your loss is basically unlimited. Say you sell a naked call on a stock that is trading at $ 20 a share. Because you do not own the stock if the stock price goes up you have 2 choices, buy the stock or cover your naked short...
  16. M

    Why Is Bear At 6$ When Its Being Bought For 2$

    The deal is not closed , still subject to shareholder approval .
  17. M

    Fed Cuts 100 points, Guess the Market, Get a Cookie

    Tail wagging the dog!! Talking heads on CNBC say 1 point so anything less makes The Fed look bad. Maybe we should have CNBC make policy decisions!!
  18. M

    Bernake Killing Middle Class

    Ok Mr. Rubber Ball’s let me guess , you probably think Bush is a Great President.
  19. M

    Bernake Killing Middle Class

    I am not a Democrat. But I can tell what you are!!
  20. M

    Bernake Killing Middle Class

    The burden has always fallen on the middle class. Do you think inflation means as much to someone who makes a million a year or to someone who makes 100 K ?? Disposable income for the middle class continues to shrink. Let’s just keep on squeezing the middle class what a great recipe for...
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