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Okay - A non-partisan question here. This time last year I bought two 50 lb. cast iron dumb bells. Cost me $40 plus tax. 40 cents per pound. This year, I bought two 10 lb. cast iron dumb bells for my girlfriend. Cost me $19 plus tax. 95 cents per pound. One year later, a 100%...

All of this talk of the street using alternate exchanges to run prices $30 to $40 away from the "true" fundamentals is like listening to a conversation about "cold fusion." It is an interesting concept. But once you get into the details, no one can really fully explain how to execute it...

If the tankers are still there idling a month or two after the refineries that process this (relatively difficult to refine) crude are back from maintenenance, then you go can go back to watching your "Manchurian Candidate" dvds twice a day. Until then, chill out. This stuff happens from...

Because most of the supply contracts are written with NYMEX and or Brent futures as a reference. As a (watered down) example, "final price to the seller will be the price of the designated futures month ( spot or nearby or some combo ) averaged over ten (or five or fifteen or whatever)...

To your first question - the guy may have been simply referring to stock prices for refiners. If so, you need to focus on the fact that crude is a cost to the refiner which, after being lumped in with all of the other costs to run the refinery, has to be recouped and then some after the crude is...

First - you are doing well by experimenting and keeping the size small. Very commendable. However, in the true spirit of experimentation - you must ask yourself "Is what I am doing right - and if so why do I think I am right?" as opposed to "This must be right because I am doing it" You...

I cannot really advise you on this particular position - other than to point out the obvious. XOM is down for a reason. It missed the earnings expectations. To prudently add more layers, you would have to hope, uh, ... "know" ... that CVX will have a significant miss tomorrow as well. Only...

Sorry, editing mistake ... I'm sure Cramer is familiar with the study. Instead of citing actual issues with the study - he simply dismisses the authors as "academics" as opposed to referencing actual problems with the report. That's pretty weak and conveniently lazy ...

If I can be allowed to edit your post a bit, I think the following would be more accurate ... My reason for editing is because my post cited one of the studies the SEC used in determining no need for the uptick rule. It was part of the evidence that sealed the move back in July, 2007...

It is highly unlikely he would be complaining, in my opinion. And with his law school background and his background in journalism, he'd probably make the same arguement I made to preserve his right to short seamlessly. Anyway, for those who are interested, there is an academic study...

Maybe I am being too philosophical here, but it is hard for me not to see the uptick rule as screwing with freedom of speech/opinion. Basically, the short seller is saying "I think this is a bad company, and it is going to get worse ..." or "I think this is a good but an overvalued company...

Lighten up, Maverick. The operative phrase in the post was "sort of" ... which is different than "just like" ... The key points were (1) that paying the annual fee to the exchange may get the trader something may not be available to the person who doesn't pay the fee. (2) you can only...

Joab, I know a guy at Bright. Bright is a member of the Chicago Stock Exchange, if I remember our conversation correctly. My friend has to pay $500 or $600 a year to the exchange (not to Bright) to be included under Bright's membership "umbrella." Obviously this $500 or $600 a...

Mercor I realize that the margin is what it is due to the volatility. But that's the point, right? In the mid to late 90's when crude oil was dead, the pit traders traded the open and then scurried off to stock shops to trade the dot.coms and the high flying tech stock names...

The main (non-mini) contract Crude Oil Futures: 1,000 bbl. contract at approx. $103/bbl. is a contract value of $103,000. I only know of firms charging just under $8,000 margin to trade this contract. This is 13 to 1 / not 20 to 1. OP - do you know of any reputable firms that are...

JD7419 Thank you - very helpful. Re: the stock futures, I will be concentrating on the relative performance of etf/holder sectors mostly and stocks somewhat. Some trades will be day trades, some position trades. So super crisp accuracy with the S&P 500 futures or E-Minis is not a...

Thanks, JD7419. So you are saying that what I am suggesting is possible, but not optimal. I was going to ask about potential problems or issues next, so thanks for addressing that in adavance. As for your other suggestion, I will be working exclusively with equities - stocks and etfs...

Hello people, This is my first post and I am new to this data feed thing. Tell me if I am right or wrong: If I download and subscribe to "opentick," pay the necessary exchange fees and downlaod "ninja trader" - I will have a very good real time charting system. One that can rival at...