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    Schwab doesn't like shorting

    We are arguining back and forth but no one will win because we don't really have hard data to support either side. I would love to see data on these stocks that tanked 50% in minutes. How many shares were sold in that short timeframe, and how many shares were shorted? Thats all...
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    Schwab doesn't like shorting

    Because it is hard to push a rock up a hill and easy to push it down.
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    Schwab doesn't like shorting

    I've been trading everyday during this entire decline and I only trade equities. I'm just speaking from experience based on what I have seen. Rumors by themselves did not cause the declines but contributed to it. No uptick rule was tested for some time before being implemented, but it was NOT...
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    Schwab doesn't like shorting

    Even better call, the removal of the uptick rule had nothing to do with so many stocks losing 50% of their value on RUMORS in minutes. The key word there, RUMORS. Several stocks a day basically plummeting off a cliff on rumors? I can see that happening once in a while, but everyday on...
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    Schwab doesn't like shorting

    He's 100% right. I have never seen so many stocks lose sometimes 50+% of their value in a matter of minutes with not even one green bar on a 3-min chart. I've been shorting long before the uptick rule was repealed and never had a problem with this rule. Just because someone supports the rule...
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    WSJ: Better to "set the money on fire" than give it to GM to reinforce future losses

    GM destroyed the EV1 cars they produced (produced ONLY due to California law) from 1996-1999. I believe the second generation models did 70 miles to a charge. That was TEN years AGO!!! No damn way GM deserves ANY money for the JUNK they have been producing for decades.
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    Socialist Soros

    Soros 100% right on the money. Republicans will do EVERYTHING they can to make government fail. If you have incompentent free market morons in charge, what do you expect? I mean how can someone say government can't do anything right, yet spend millions of dollars of their own money trying to...
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    4,000/1 Odds

    Not enough info from that study. A REAL daytrader will not start trading for a living until he has had some success before going fulltime. Someone who puts $2k in an account and starts trading for first time ain't a real daytrader. As an example, I think the study tells you that out of 4000...
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    What is up with gold?

    Many articles have been written about this and I think the general consensus is that someone is keeping gold down on purpose. Some say that gold is being sold to raise cash to make up for all the garbage banks/funds have on the books, etc. Or is it governments that are selling to prevent a gold...
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    McCain's CRIMINAL health plan

    Unless you have a job making minumum wage, you won't be able to declare bankrupcy. Bankrupcy Laws have changed substantially. You literally have to be unemployed for 6+ months with lots of debt to declare it. You can't just declare it after losing your job. They use your income over the last...
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    McCain's CRIMINAL health plan

    Well that is not true, as I have said before, you could end up in the hospital for unforceen illness, and you will have to cover the medical costs for that treatment, could be tens of thousands. You could buy insurance at that point, but it wouldnt cover costs of your hosptial stay two months...
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    McCain's CRIMINAL health plan

    You definitely fit into the "sarah palin" republican-type. How about cancer? Ever heard of that one? If you never spent time educating yourself, why bother commenting on something you are completely clueless about?
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    McCain's CRIMINAL health plan

    Ever heard of type I diabetes, you moron? Did you ever STUDY at ALL?
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    McCain's CRIMINAL health plan

    The point is that under McCain's plan, everyone who goes and shops for insurance, will lose all future coverage (coverage they get from employer insurance) on their pre-existing conditions including all drug prescriptions, etc. And everyone will have to go and shop for insurance because they...
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    McCain's CRIMINAL health plan

    You can buy insurance from the company in your state that has to insure you by law. BUT they will not insure your pre-existing condition. Other insurers will NOT insure you PERIOD. If you have a minor pre-existing condition, they will insure but charge larger premiums (which is fine) but...
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    McCain's CRIMINAL health plan

    Well about the pre-existing condition and just waiting to buy insurance when you get sick: IF you end up in the hospital without insurance, you will have to pay for all of that yourself. Even if you try to buy insurance at that point, it would be too late. You might be out $10K or more in...
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    McCain's CRIMINAL health plan

    You miss the point. McCain says you can go and shop for heatlh insurance. That is a lie. You cannot go and shop if you have any pre-existing condition (majority of americans?). Try and buy a heatlh plan if you have diabetes. NO ONE WILL INSURE YOU. There is one heatlh insurer in every state...
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    McCain's CRIMINAL health plan

    Obama's health plan is NOT universal heatlh coverage. BUT Obama's health plan gets rid of pre-existing condition garbage. Can you image everyone in american going to buy their own insurance under McCain's plan and finding out that they now have to pay for EVERTHING themselves?
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    McCain's CRIMINAL health plan

    Anyone actually realize what it would mean when McCain gives people $5000 to go and "shop" for their own health insurance? Wow, let me take that money and go "shop." First I have to fill out the health insurance application and list all my past illnesses and medications currently taken...
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    What is the point of lowering rates to 1%?

    Yea I don't see any reason why the current american banks should not be totally nationalized. Why keep them private and have the gov bail them out every few years? Why keep them private, have to bail them out, and have them still NOT lend money or worse use the money to pay bonuses to...
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