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    Stupid ETF Question

    Those ETFs started trading recently. There were a bunch of new ETFs in 2006 and hundreds more in the pipeline. ETFconnect.com lists the inception date for USO as April 10, 2006. Martin
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    Tick Database Implementations

    My suggestion is reiserfs. Although any modern journalling filesystem will have broadly similar properties. Some would say that a filesystem isn't really a database; but hdf5 isn't really a database either. The difference lies in their respective shortcomings. A filesystem falls short of...
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    Tick Database Implementations

    <i>How is it unstructured? I would say that the organization of the data is quite structured, as you yourself said, similar to a hierarchical file system model... within the file itself.</i> The type of datasets HDF5 is designed for are likely to have relatively simple internal structure - a...
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    Tick Database Implementations

    For the guys who developed HDF5, relational databases aren't even on their radar screens. They're dealing with vast unstructured multidimensional data sets. The main things they do with their data is visualization and numerical analysis. Relational databases aren't much help there and even if...
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    Tick Database Implementations

    Whenever I see ktmexc20 hyping HDF5 I have to give my own contrary viewpoint. In my own experience, it's not a good solution for financial timeseries databases. Sure, HDF5 makes a lot of sense in the applications for which it was designed - storing extremely large, multidimensional scientific...
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    Housing Rolling Along 2

    Homebuilders are shutting down production because there's no demand and huge oversupply. It has nothing to do with commodity costs. You've got the tail wagging the dog. Let's inject some facts into this discussion. I tried to estimate how much of the value of my house is in raw commodities...
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    Housing Rolling Along 2

    That's one of the oddest rationalizations I've ever seen for the housing boom. Homebuilders are still making money building homes and selling them at market prices. That makes it improbable that the replacement value of housing stocks are higher than their market value. Most of the...
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    Does it make any send to US traders to 'hedge' against a falling dollar?

    Daal, IB does pay credit interest on cash positions. Obviously there is a spread, so moving cash out of your base currency using IB's cash management will cost you a few percent a year of carry on top of whatever the interest rate differential is. However it won't be a 6-8% difference... nowhere...
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    Google Has a Short Half life - Maybe Another 2 Years of Dominance

    I agree. However, I do have a computer science degree and I've worked in Silicon Valley for more than a decade and I think the rest of your post is full of s**t. First of all, from what I've seen, the more you know about technology the worse you'll do as a tech investor. Tech stocks...
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    Mini 401-K--not such a great deal?

    Pay yourself the minimum salary possible to meet your 401k contribution goals. Otherwise you are paying more SE tax than you need to.
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    The Coming Deflation . . .

    I'm not saying it's the wrong methodology. I can't think of anything better off the top of my head. However, the fact remains that 23% of the CPI is a statistical phantom that can sharply diverge from actual consumer expenditures. In recent years there is no doubt that it has in fact diverged...
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    The Coming Deflation . . .

    The breakdown of the housing market will appear to be inflationary, not deflationary. I don't mean that actual consumer prices will rise, but the CPI does not measure actual consumer prices. There are important flaws in CPI methodology that have understated inflation in the last 5 years and will...
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    Is Wall Street leaking news?

    Since politics came up, I thought I should mention the study which found that US senators outperform the market by 12% a year on average, and show an uncanny ability to predict big moves in stock prices. Quite good evidence that trading on inside information is pervasive among lawmakers. I...
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    USO , huge discount

    Rearden, October is the front month now. It only trades till late September. USO does not hold the back months, they roll over the near contracts. USO will continue underperforming relative to spot prices as long as the near month futures remain in this strong contango.
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    Advice on car

    If you mean high octane, higher octane gas has slightly lower energy content. Unless the engine is designed for premium gas, regular 87 octane will get as good or better economy. Martin
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    So B & G are short the dollar...so what?

    Sure, but depreciation, write-offs, and lease payments all come out of earnings at some point. I'm not really saying anything controversial at all for those who understand accounting. I feel like we're in total agreement here. 1) It is impossible to manipulate asset values without at some...
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    So B & G are short the dollar...so what?

    2cents, that's a good point and your source is right on. However, it's important not to confuse the two different contexts where the term "book value" is used. Book value accounting method and mark-to-market accounting method refer to how individual assets are valued for the purpose of both...
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    Regular hours limit orders on IB that will participate in the opening cross

    I agree with alanm. What I do is route directly to the primary market. You can use a simple market or limit order entered anytime after market close the previous day. As long as you <i>don't</i> select "Regular trading hours only" it will participate in the opening cross. Since you are using...
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    Oil Mini-Glut Is Coming: Short Oil Stocks

    LNG is not a cheap substitute. Even optimistic forecasts have the cost of LNG well over $20 per barrel of oil equivalent for the forseeable future. The only substitute cheap and plentiful enough to drive WTI prices to $20 is good old conventional crude oil. The only sensible argument you can...
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    So B & G are short the dollar...so what?

    Any manipulation of net assets must come from a manipulation of earnings. This is accounting 101. If you still don't understand this, I can explain it in smaller words. Incidentally, the reason due dilligence looks at assets is because it is <i>easier</i> to find manipulation of asset values...
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