"Pattern day traders who fail to meet their special maintenance margin calls as required within five business days from the date the margin deficiency occurs will be permitted to execute transactions only on a cash available basis for 90 days or until the
special maintenance margin call is...
You can still trade, but if you are not willing to fund the 25K account minimum, you are not going to be able to trade frequently on margin.
You need to get used to the 3 day settlement period. Contact your broker and tell them that you want to continue trading, but will not be able to fund...
Yes, but what about the guy who claimed that Warren was throwing "smoke bombs" or "ninja stars" or whatever at GS. I honestly couldn't live without the bogus analogies that are made a million times a day on this board. It's my "chicken soup for the soul".
gs took buffet's liquidity injection and is seeking another 2.5 billion.
This is the closest we've seen/heard of gs being near a liquidity crisis.
That fact, in and of itself, is unsettling to me. Hopefully, buffet's actions "saved the day" for gs.
I just don't know if we're ready to...
What's with his nonsensical babbling? He makes some off the wall remarks in this interview. Listen to the part about him describing his short-covering of Citigroup. Sounds like the verbal equivalent of an explosive bowel movement.
Come to uptown, stay at Hotel Zaza, enjoy all of the night life that is a short walk, or cab ride away. Drink at Primo's, Eat at Trece's, Party at Ghost Bar at Victory Park. Lather, rinse, repeat.
Exactly. The technical setup is the classic 50% retracement down from the 2002 recession low, to the 2007 high on the S&P. This would be a great setup if there was not a "sky is falling" scenario on the street right now. We will see lower lows than this, but this might serve as a nice point...
This is progress, albeit painful, but this market is taking the steps that need to be taken. No rate cut by fed was awesome, commodities returning to fair value is awesome, the shaking out of broken business models is awesome. This is necessary, and it's about time. Oh yes, MS earnings are...
50bps ain't shit when you're at 2% FFR. The fed would just be cutting to rally the markets, and that's it. Lets go ahead and throw away all of the progress that the USD has made, and pump those bubblishous commodities markets back up so no one can afford anything again. That would be really...
Probably not, there's alot of West Texas money that wants to see that thing go through. BP could go tits-up tomorrow, and the wind farm will be completed. Way too beneficial to too many folks not to be. Natural gas car conversions....now that's another story. BP might be talking his own book...
Yeah, apparently they decide at the beginning of each month what their net positions are going to be for the month, put the trades on, and ride it out. Some real Mexican-Sweat type of trading.