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  1. W

    1/4% Tax on all stock trades pushed in NY Times today

    Sums it up beautifully!
  2. W

    1/4% Tax on all stock trades pushed in NY Times today

    This guy promoting the tax is a chump. He wants to keep the cap gains tax and add tax transactions. Another long term perma bull wanting to fuck the little guy. This is what happens when the 2 year olds in the media are allowed to demonize whoever the fuck they want un-protested, including...
  3. W

    1/4% Tax on all stock trades pushed in NY Times today

    After passing a transaction tax, I would not be surprised to see the PDT mins lowered to increase the base. When I think of new taxes or tax increases, I always picture old cartoons where the bullies were holding someone upside down and shaking the money out or their pockets.
  4. W

    1/4% Tax on all stock trades pushed in NY Times today

    I hope you are correct Landis. I remember when it was brought up just prior to the bailout vote. Pelosi did not want to consider it because she feared she would lose the needed republican support, but she did leave the door open, and as you know, there are now less republicans to stand up...
  5. W

    1/4% Tax on all stock trades pushed in NY Times today

    Problem is that we have way too many politicians that are poll driven. I read a few of the comments at the article, and seems like many people like the idea. A lot of people have been hurt in the market in ways they have never been hurt, and any measures to punish the players now will be...
  6. W

    1/4% Tax on all stock trades pushed in NY Times today

    Unfortunately, congress is the last place that thought and study will occur.
  7. W

    1/4% Tax on all stock trades pushed in NY Times today

    If this guy were to get his wish, futures would not be exempt. “The fees would be a considerable expense for someone who is buying futures, or a stock, or any asset at 2 o’clock and then selling it at 3. The more you trade, the more you pay." Very few democrats meet a tax they don't...
  8. W

    Yahoo Finance

    Thanks to all.
  9. W

    Yahoo Finance

    I have noticed today that the economic section of Yahoo Finance does not list the minutes coming out. I've noticed other data's missing in recent times. Any recommendations for a good alternative?
  10. W

    Obama agenda: Tax cuts, spending

    Oh, I think there will be taxes coming, like greenhouse: http://www.businessandmedia.org/articles/2008/20081230165231.aspx and gasoline http://www.msnbc.msn.com/id/28467755/ And that's just for starters. There is no way in hell we get away with 2 years or more of a near fili...
  11. W

    Remove the Pattern Day Trading Rulle - Vote

    I have a well established set of rules. Because of market volatility, the smallest increment of the YM (1 contract) exceeded, and continues to exceed my risk. I can only control that risk by simply not trading that contract...
  12. W

    Remove the Pattern Day Trading Rulle - Vote

    I guess my question is, and has been all along...why 25k? Why not 5, 10, 15, or 20k? What is the significance of 25K? 4 to 1 is 4 to 1... Guess it's over my head...or maybe the SEC answering a call to get rid of those damn pikers and their annoying 100 lot trades. I've said before, I...
  13. W

    Remove the Pattern Day Trading Rulle - Vote

    Help me out here, Dmanx. A little history. I have not traded options or currency up to this point, and I'm only slightly aware of the risk they create when trading. I plan on learning options in the future. I believe the YM to be the lowest risk futures instrument (to my knowledge)...
  14. W

    Bad Idea

    Hughb, you nailed what I hate most about MSM, both print and audio/visual. It's not the spin they place on stories. That can imply bias, but the news is still there. It's the omission of facts that really bias the news and create misconceptions. I don't believe the MSM can keep the gov...
  15. W

    Bad Idea

    "Government aid could save U.S. newspapers, spark debate" from: http://www.reuters.com/article/reutersEdge/idUSTRE4BU53T20081231?sp=true Not that there isn't already an over-abundance of bias, but this would only magnify media bias. One step closer to gov controlled media. Add...
  16. W

    Does anyone here subsribe to stratfor?

    Used to several years back...don't remember having to subscribe then. I always thought it was a great sight if one is concerned about foreign matters and geo-political events and forecasts.
  17. W

    Remove the Pattern Day Trading Rulle - Vote

    This is a great comment. Do you remember the media outcry last year about oil speculators? Or short sellers during the market crash? And recently there were a few members in congress who wanted to place a transaction tax on short term traders. Congress is influenced by the media...
  18. W

    Remove the Pattern Day Trading Rulle - Vote

    Perhaps the trade was entered prior to 3pm cst, news broke after 3, and an exit during the tradable post market between 3 and 7 would have required another day trade. Any trades entered at any time on stocks or etf's during pre, post, and regular hours count for that day when calculating day...
  19. W

    Remove the Pattern Day Trading Rulle - Vote

    If they want to get into the market, they will find a way. As I've previously indicated, many who trusted the so called smart money managers (who supposedly do understand stocks and markets) now have nothing to show, in many cases, for a lifetime of labor. I agree that family should...
  20. W

    Remove the Pattern Day Trading Rulle - Vote

    Ironic. Seems to me it was the gov that encouraged this stupidity, and now they are going to protect them from it? Agree. Hopefully they will not be subject to the upcoming avalanche of new regs.
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