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Here's my take on avoiding taxes. I am not recommending this, but just saying... Forget off shore trusts. Those are red flags. Just live within your "means". Move money around a lot in 50 different brokerage accounts. Confuse the living piss out of them. Then file everything to the letter...

Count me in. Which first.

I think it's a mistake to categorize a year based on the first 5 weeks. The sp alone has traded in a 10%+ range already this year. While intraday, there hasn't been a lot of meat, if you have a longer horizon, you can do quite well. This is definately a fader's market. Trend followers have...

amen

I think you should find a firm that knows the NYSE and can help you. There are about 50 threads here on NYSE. Do a search and you'll find plenty of meat.

I have noticed that activity is down to a crawl. In fact, last week, I did not trade on monday or on wednesday. Not one trade. The downtime is great though. I am doing a ton of reading, 10k's and conference calls that I missed out on during January when I was going bonkers. In markets like...

Openbook. I have heard from people that the one that hammer uses is best. I just use the ib one, and it's fine for me, but I am thinking of upgrading to a better one so I can see how he prints crosses.

Someone should just explain to the Germans that the Iraqi's are Semites also....

Do a search on ET. There are quite a few recent threads on it.

That's the reason that I am no longer short cof and covered the rest of mine today. I also would rather be much more long weighted, and rather than add long exposure, I'd rather just take away some short exposure and be more flat until the geopolitical risk is marginalized. I'm basically trading...

I remember seeing it in the wsj and nyt. I had a friend who was a hedgie at the time (50m aum or so) who had the same trade on also and got smoked. Every day he'd bitch about soros this, robertson that. It seemed like a massive conspiracy to blow him up.

$300 spent on TSCM will save and make you many times that.

One last thing, ACF isn't a liquidity situation like OMG. OMG was just a bad pricing for one quarter for a basic commodity and that was mainly b/c a government order was defered I believe. As you can see, cobalt pricing has firmed a lot since then, and the stock has recovered nicely.

If you don't read herb greenberg or any of the other guys on TSCM, you should save some of your 18k and buy a subscription. I have been short ACF off and on for over a year, and have made quite a bit of money on ACF puts. You should ignore the balance sheet. That means nothing. Even ignore...

ARCHAPELLAGO IS OPEN!!!!! They needed money to pay the actors so they couldn't hire techies, unless thats their it staff travelling the country.

Nitro That trade has happened a lot. Then ever few months, the yen moves 3%+ and some leveraged hedge fund blows up massive. A few large players like Robertson ((I believe, not sure) have really lost their ass on this exact trade b/c they didn't hedge the currency risk correctly.

Couldn't have happened to a nicer person..... LOL!!

you are right in both respects. I use TA to time my buys. There are lots of stocks that I am "watching" also, the reason that they're values is that the market cap is under 50m and therefore not suitable for mutual funds

Both are worthless if you're trading aol. If you're trading something that trades 300k shares a day like most stocks that I trade, the spec will show the whole book, or at least you can piece together what's missing... You'll almost always have at least 500 shares each way to nx him with also...

Corso- It's the result of not following one's own methodology. Many failed value investors fall for "value traps" or stray into growth areas etc. Also, sometimes, next year's cash flow is unpredictible, or there are factors that aren't considered. When a stock is very cheap, there's usually a...