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    Ken Fisher: Be bullish and watch the bears impale themselves

    Fisher is worth approximately $1.3 Billion, making him the #297 richest American. He manages $32 Billion. Currently owns $70 million in California real estate. Sounds like he's doing something right huh? OldTrader
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    TWS recent builds issues

    Is there some reason you're using build 857? I'm on 874.4. By the way, just checked BookTrader again, still showing the correct depth on ES and ZN. Time 12:36AM CST. Did the Pope die? LOL. OldTrader
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    TWS recent builds issues

    Just checked BookTrader....all the market depth was there as it should be. 8:30PM CST. I don't use BookTrader. Rather, I use ButtonTrader which is a much superior product. OldTrader
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    Daytrader's Age

    I thought this was an excellent post. You've imparted some important information that should be read and considered. I also don't think that everyone your young age has learned some of these lessons. Reminds me of that old story of the young bull and the old bull standing at the top of a...
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    Taxes on Real Estate

    You have to occupy the property as your primary residence. So that rules out #1 and #2. For non-owner occupied type properties they would qualify for 1031 exchange....which DEFERS capital gains, provided you comply with all the detailed rules of 1031. Can't answer #3. But remember, it must...
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    Can Start Buying Natty Now

    For what it's worth, T Boone Pickens this AM said he expected NG to continue down into 2008. OldTrader
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    Wave Five Target = 1559.09

    My understanding was that PTJ used various techniques, not just EWT. But I don't know the guy, just repeating what I heard somewhere. On another note, you evidently have an initial target of 1559, a mere 12 points above where we closed (I'm assuming you're talking cash here). So as a trader...
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    Can Start Buying Natty Now

    I wouldn't have called it a "horrible close". We closed right near the high RTH. We'll see if there is any follow-thru tomorrow. OldTrader
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    Can Start Buying Natty Now

    Good call so far. I don't think we see 6.84 tomorrow, if you're talking the Aug contract. OldTrader
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    Your generation?

    Might help if you had the right dates from the article. For example, baby boom was 1945-1959. Guess you were part of the genX or after who didn't learn to read! LOL! OldTrader
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    IB banking and funds calls

    OK, so it sounds like you're verifying "changes". I think that's a good thing. But my point is that you don't have to call them to wire transfer with a security device. I've been doing it now for a long time. OldTrader
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    IB banking and funds calls

    Jose: I have never had to call them to verify a wire transfer. You can do that right in the system. Nor did I have to call them to set up my wire transfer. I haven't changed my address, nor have I changed my email, so I can't speak to that. OldTrader
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    Can Start Buying Natty Now

    By the way, for those interested, there is a natural gas ETF. Symbol is UNG. OldTrader
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    Can Start Buying Natty Now

    I don't follow this spread, but clearly NG has missed the rally in crude and RB. What would bother me here IF crude takes a hit, that NG is going to be the leader on the downside. I'm not predicting crude taking a hit right now, just an observation. OldTrader
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    Can Start Buying Natty Now

    Alot of small speculators long too it seems. These commercials can be very early, and wrong for long periods of time. Look at their recent record in crude oil, for instance. Any thoughts? OldTrader
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    TWS down ??

    I used to have a problem similar to that using BookTrader, on one of the builds back several months ago. When I clicked to buy/sell it would not respond or transmit. I'd hit it several times and eventually it would work. I reported it to IB, but they couldn't duplicate they said. But it...
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    Oil supply crunch after 2010?

    Yeah, right! LOL. They can't see to the end of 2007, but 2010 is clear as a bell. OldTrader
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    TWS down ??

    Down in the Midwest OldTrader
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    IB is Refco 2.0!

    One problem here is the multiplier adjustment. But the other problem has to do with thee 31 million shares sold at the close, and called "presumably prearranged" by Peterffy. You can be familiar with the adjustment....but how can you be familiar with a prearranged trade of 31 million shares...
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    crude inventories 9 year highs

    Always interesting when traders think that the price should do what the news would dictate. Hey, high inventories means lower prices. If only it were this easy....all any of us would have to do is subscribe to the newspaper....we wouldn't even need a chart. Instead, markets discount the...
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