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  1. M

    Will Bush Close The Market Friday?

    The ONLY situation I can think of where TEMPORARILY suspending trading wouldn't ultimately just make things worse is if there were a sudden, absolutely unexpected crash in prices across the board (a-la 9/11) that, if allowed to continue without at least an hour or two pause, would cause lots of...
  2. M

    Ziff Davis Media ends print publication of PC Magazine

    And yet, somehow, Computer Shopper still apparently exists... a magazine that by ANY sane and objective standard was rendered utterly moot and irrelevant by the Internet at least a decade ago. ;-)
  3. M

    When do forced sales due to missed margin calls from TODAY's drop begin?

    Suppose somebody was close to maxed out with their margin, and today's price drop pushed them over the 2:1 edge. Say, around 3:30pm. I know that brokerage firms officially have the right to begin indiscriminately liquidating portfolios, with or without advance warning or time to do a wire...
  4. M

    better to sell "expensive" shares at a loss, or "cheap" shares at a gain?

    Suppose you own the following shares of some particular company like, say, Microsoft, using two brokerage accounts: 50 shares @ $20.69, account #1 50 shares @ $19.37, account #1 50 shares @ $18.12, account #2 50 shares @ $17.76, account #2 Suppose further that you can live with holding...
  5. M

    Hyperinflation vs electronic payments?

    > Hyperinflation has to do with confidence & supply. > I dont see how it has anything to do with electronic payments vs cash and all that. Simple. Thanks to the Fed, nobody in America will EVER lose their deposits to a bank failure (at least, not the first $100k) -- even if the Fed has to...
  6. M

    Hyperinflation vs electronic payments?

    They might not be linked in lockstep or by force of law, but they HAVE to eventually try and keep up, or they'll end up losing their deposits. Banks are subjected to stiff liquidity ratios, and are as leveraged as they can legally be. As long as every dollar withdrawn by a depositor destroys ten...
  7. M

    Hyperinflation vs electronic payments?

    Well, I'm basing most of my assumptions on what I've been told by parents of friends who lived in Argentina during the late 80s... a point when ATMs were becoming common, but electronic payment processing was still in its infancy. Hmmm. The more I think about it, the more interestingly...
  8. M

    Hyperinflation vs electronic payments?

    Has there been any country that's experienced real, honest to god hyperinflation (not just "high" inflation... I'm talking about Zimbabwe-scaled hyperinflation) where debit and credit cards were able to be used nearly everywhere, with pervasive internet access and realtime price information...
  9. M

    sogo elite

    Well, SogoElite released the funds at some point between 11pm and 1:30am, and Just2trade released them at some point between 2am and 9am. For the moment, I'm doing my orders through Just2trade, and letting the SogoElite account sit on the sidelines. One thing that nudged me was the fact that...
  10. M

    sogo elite

    > which is $10.00 per asset and not just $10 Ouch. That definitely complicates the decision. For the next few months, SogoElite would almost certainly save me $50-100/month over Just2trade... but if there's no cheap way to get my stocks "out" of SogoElite, a few months of inactivity might...
  11. M

    sogo elite

    I'm in my final minutes of agonizing between SogoElite and just2trade... I love the fact that Just2trade has an API (so I can write a PocketPC trading app for it when I finally get around to it), but SogoElite's $1 fees for small trades are SO low, it's hard to say "no". Please tell me...
  12. M

    NO capitulation this time

    There's one thing that I think has been largely overlooked in the capitulation debate -- the impact of low-cost internet trading. In "the old days", middle-class investors had basically zero control over timing. Even IF it were possible to buy fewer than 100 shares at a time, the transaction...
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