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    Interactivebrokers & Citibank

    Kudos to yourself for the superfast response and to IB for having this in place. This is why we have been sticking with IB since 2002. Maria
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    If the IBKR stock keeps tanking, what will happen to my account?

    Well said and I totally agee. We are proud to be an IB customer and we have been with them since October 2002. Maria
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    Anybody else short US 30 Bond

    just had a dream: won't be long before the Chinese own the lot, after all they are about the only ones having substantial US $ reserves ( and they may as well make use of those before the US $ is worth next to nothing - certainly a lot of other countries don't want them. ) first you teach...
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    S&P will be under 700 within days

    I feel sorry for those who think that they can get rich overnight in this market. It's pretty risky and you need only be on the wrong side when there is a limit up or limit down and you're history. Seen what happened in Germany with VW? Nice short squeeze; fortunately it was someone who could...
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    End of cheap oil. Going to 150 by feb/march.

    In recent years China has had an ever increasing demand for automobiles and hence fuel. Now with the economic downturn hitting China real hard (seen the Shanghai index?) I suspect that the fuel consumption in China will drop dramatically. Similarly with times becoming real tough I suspect...
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    Buffet Buys GS, Everybody Relieved, Bottom Now Past?

    Perhaps he may want to be remembered as another Jesse Livermoore who was asked to stop short selling and who then went long and held for over a year... (and restored confidence in the markets) If he succeeds in that (in turning the sentiment around) it can be claimed that he was the greatest...
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    Anybody else short US 30 Bond

    when fear and greed take over all rational fundamentals ( / behaviour ) go up in smoke.... ps I am of the opinion that the Great Depression II is going to be a lot worse than the first because imho a lot of the automatic trading (bot) systems have "flipped" and are emotionless and are...
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    Anybody else short US 30 Bond

    we are nearing an "(in)decision point" where the market may either push through or reverse for some large chop (going down to 114 or so), I don't know for sure. However if the lower timeframe experiences are anything to go by then the charts (erhh fear and greed) suggest that this is genuine...
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    Anybody else short US 30 Bond

    Trade what you see, not what you think. Or as Livermoore said: the market is never too high to buy. I'm not even looking at the ZB, exclusively focussed on the 10 year here. And where is the 10 year now? Watch out if it breaks through the high of a few months ago - some shorts going to be...
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    Broke-- The New American Dream

    perhaps it is not what you said - but I understood this immediately from Mecro's first post which obviously you misunderstood. Can you both stop namecalling now, it ain't adding anything to the discussion. Maria
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    why not pass a bill outlawing foreclosures for a period

    Its better to make a law that for any loan, any credit, a 30% deposit is required. In effect government is already preventing the foreclosure of the banks and hence bad decision making / greed on the part of the lender is not being addressed. Maria
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    IB and order problems

    what did you need to do different or where was the problem? Thanks Maria
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    Broke-- The New American Dream

    If you consider this more deeply then you'll discover that the foreclosures are the end result of irresponsible lending. Irresponsible lending was encouraged by the government in order to "stimulate the markets" and similarly now there are government handouts "to save the economy". The...
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    Broke-- The New American Dream

    Oops, you are correct, cannot remember the name of the other one.... Maria
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    Broke-- The New American Dream

    I do not think many of you ever have had 400 staff working for you. Perhaps you would then have known about the "Peters principle" which means that every organisation gets the staff it deserves. What is meant by this is that one leads by example. The staff lower on the ladder will always try to...
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    Broke-- The New American Dream

    You are forgetting that he was told by "experts" that he could afford it. ( He did not have the knowledge that he could not afford it...)
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    Broke-- The New American Dream

    Lets start with the three year old: he does not know there is no upside so the analogy is correct. Same as the average Joe: he does not know there is no upside, the "profits" are only on paper, if he sells the house he can only buy one back, not multiple. So he has not made any gain. In...
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    Broke-- The New American Dream

    One would have thought that LTCM would have taught them to develop better oversight of this market.
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    Broke-- The New American Dream

    Surf we need only to look at how many here do not have a clue about trading and then how do we expect that the average Joe has a clue where the economy is heading? He only "listens" to the experts that say that now is the best time to buy because you can make a killing in the real estate...
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    Broke-- The New American Dream

    if you give a 3 year old a gun and he kills someone then who is to blame? if the banks push a mortgage and tells the client he is an acceptable risk, what does the average Joe know about the economy ready to implode? Maria
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