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    5 days before the election- Jobs report

    Oh yea. The Democrats will stop economic globalization. They'll just pass a law.
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    5 days before the election- Jobs report

    "If good don't cross borders, armies will." Frédéric Bastiat
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    5 days before the election- Jobs report

    Damn Clinton/Gore and those Republicans!!! Oh wait a second. Clinton/Gore. Democrats. Never mind.
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    5 days before the election- Jobs report

    You are correct that about 30% is independent. So let's says it's 35% Rep, 35% Dem, and 30% ind. But only 50% of registered voters vote (often less in mid-term elections). Party members are more likely to vote. So at the end of it all, independents make up less than 20% of the voters. Of...
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    Bond rally nearing an end?

    But how do you determine the trend????
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    Bond rally nearing an end?

    This didn't stop bonds from rallying again today: 5-year note auction attracts weak demand By Rex Nutting Last Update: 1:14 PM ET Oct 26, 2006 WASHINGTON (MarketWatch) -- Demand was weaker than normal for the Treasury's auction of $14 billion in 5-year notes on Thursday. The notes were...
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    Quotes by famous traders~

    Did he actually say that? I know in Reminiscences of a Stock Operator: "Stocks are never too high to buy or too low to sell."
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    Quotes by famous traders~

    The most valuable quote is: "The professional concerns himself with doing the right thing rather than with making money, knowing that the profit takes care of itself if the other things are attended to." Reminiscences of a Stock Operator
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    Bye-bye reg T

    I think this would be the holy grail for retail investors. To be able to hedge ES with SPY or SPX options with low margin. Or even hedge ES with a basket of individual equities with XX% correlation to the S&P.
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    Bye-bye reg T

    I'm not asking about SPAN on futures. Right now, if I am long the ZN and short TLT, I have to put up SPAN for ZN and 50% margin for TLT. But it's a hedge trade. A simpler example would be to be long 1 ES and short 500 SPY. They are exactly the same and the margin required should be close to 0.
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    Bye-bye reg T

    When will these rules go into effect? Will future-equity hedges have reduced margins? If I am long ZN and short TLT (not exactly the same things, but very close), will the margin be lower as it should be?
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    Economic Forces and the Stock Market

    Anybody know where online I can get a copy of "Economic Forces and the Stock Market" by Chen, Roll, and Ross (1986)? Or do I have to go to my local library (if they even have it).
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    Trading and Dating

    Here's a chain letter going around: One evening last week, my girlfriend and I were getting into bed. Well, the passion starts to heat up, and she eventually says, "I don't feel like it, I just want you to hold me." I said, "WHAT??!! What was that?!" So she says the words that every...
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    Bond rally nearing an end?

    I tried shorting some TLT but IB says "There is insufficient TLT available for short sale." Anybody know how often this happens? I know that shorting the big ETFs is normally quite easy.
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    Wealth of Nations worth reading?

    I thought capitalism was based on private property and free trade.....
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    Wealth of Nations worth reading?

    Adam Smith never calls it economics in The Wealth of Nation. He calls it political economy. Book Four is even titled "Of Systems of Political Economy."
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    Wealth of Nations worth reading?

    Adam Smith discusses foreign trade as well. Adam Smith would not agree with the above.
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    Wealth of Nations worth reading?

    Another quote: "The real value of all the different component parts of price, it must be observed, is measured by the quantity of labour which they can, each of them, purchase or command. Labour measures the value not only of that part of price which resolves itself into labour, but of that...
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    Wealth of Nations worth reading?

    Actually, he didn't write that at all. He writes about the three components of price: "But the whole price of any commodity must still finally resolve itself into some one or other, or all of those three parts; as whatever part of it remains after paying the rent of the land, and the price of...
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    Wealth of Nations worth reading?

    Does he write that? Can you provide a quote? He wrote "The real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it." I don't think he wrote that labor is the "only price component."
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