Search results

  1. S

    Oil at $22 a barrel, when do we get .97 cent gas?

    Helps when you can pull it out of the ground, no one in your country can afford a car to use it in, and sanctions prevent you from selling it to your otherwise natural customers.
  2. S

    Losing some faith in US dollar, where to park cash?

    CAD hasn't done great in the last few weeks, so I wouldn't recommend that either. Keep in mind that in addition to the U.S. tie it's also got somewhat of an oil tie. Becoming a forex trader, which is what you'd be doing at this point, may be a good idea. But it also may be adding another...
  3. S

    mnuchin warns of 20% unemployment! I think that's a good scare tactic

    I think we're seeing an interesting dichotomy of personal perspective. If you live in a state that's shut things down, that's obvious. If you live in rural West Virginia, a state that just yesterday confirmed their first case (because if you don't test for it you won't find it!), then you're...
  4. S

    Unbelievable, now the restaurant sector wants free money, $145 BILLION!

    If landlords had any sense they'd forbear rent, even if it hurts them. Because there aren't any new restaurants lining up to take those spots in the next few weeks, what they've got is there best bet for a rent paying customer going forward for the next several months. Of course I've seen...
  5. S

    Oil at $22 a barrel, when do we get .97 cent gas?

    By far. Most places a liter costs close to what a gallon costs here in the U.S.
  6. S

    Dash Prime/Apex. But anyone short of Robinhood is better than IB

    Dash Prime/Apex. But anyone short of Robinhood is better than IB
  7. S

    Are there also any traders finding that IB's several stocks prices over 7 USDs higher than other br

    I have no idea what you're trying to convey, sorry.
  8. S

    Oil at $22 a barrel, when do we get .97 cent gas?

    Yeah, half of states have a gas tax of $.30/gal or more, in PA it's $58.7. Actually accounting for inflation gas has remained remarkably static in price. For example in high school I distinctly remember $.99/gal gas (late 80s/early 90s), plug that into the inflation calculator and you get...
  9. S

    INDA: Time to Short India?

    Always validates my decision to put someone on ignore when I see a bunch of replies like this to posts I mercifully don't have to see! Ignore is highly recommended for the terminal trolls that live here, there's only about a dozen of them and I'm not sure that half of them aren't the same...
  10. S

    We just witnessed the Biggest Drop in History

    Giving military equipment to local PDs and even the FBI is a whole other discussion. They went crazy with it after 9/11 which was a mistake IMHO. There's a lot that goes into training and controls in the use of that equipment in the military which may or in most cases may not be there when the...
  11. S

    "Wall Street’s Big Coronavirus Mistake"

    Then go work for GS, or just buy GS stock, it's a public company you know. Nothing worse then people who complain but do nothing to actually improve their lot in life.
  12. S

    We just witnessed the Biggest Drop in History

    Thanks for joining me in pointing out the rank stupidity of the "but, but...flu..." line of thinking. Certainly it could be changed, I was just pointing out that it definitely didn't happen in Boston in 2013. That said, I can tell you from sitting through a bunch of training where posse...
  13. S

    We just witnessed the Biggest Drop in History

    So we definitely should have shut down the media after 9/11. Hell, fewer than 3,000 people died there, twice as many people die every day in the U.S. alone! Better that no-one even know it happened per your logic, right? And all the mass shootings, heck many of them only kill a couple dozen...
  14. S

    We just witnessed the Biggest Drop in History

    So that absolutely didn't happen, sorry. We have this thing called posse comitatus in the U.S., the U.S. Army isn't allowed to do domestic law enforcement...period. And the most certainly didn't exercise it during the Boston bombing nor did they or would they point machine guns at people...
  15. S

    Losing money on puts when stock goes down

    You're asking someone to explain how options work. That's like someone who never made it past algebra asking someone to explain calculus in a couple paragraphs because they just put a bunch of their money on the line with something that required an understanding of calculus. You're in over your...
  16. S

    How coronavirus became a corporate credit run

    Not quite yet. I plan to average in when people start going back to work/school/restaurants.... I bought a house in late 2008 at 25% below the peaks because I thought the housing crash was over (and I had just moved and needed a place to live, to be fair to myself:sneaky:). Sold it 5 years later...
  17. S

    Cheaper financing than IB's margin rates?

    Haven't used TOS, haven't seen anything particularly bad about them either.
  18. S

    Cheaper financing than IB's margin rates?

    I'm with Dash Prime/Apex and highly recommend them. @Robert Morse is a long-time community member and a wealth of information so I don't think you could go wrong with him and Lightspeed. With the purchase of OptionsXpress and soon TD, Schwab actually isn't too bad if you don't need an API and...
  19. S

    Cheaper financing than IB's margin rates?

    Do a search for "autoliquidation" and you'll find literally dozens of threads, all related to IB oddly enough, from dozens of people who have experienced the same thing. IB depends on "The Algorithm" to do auto liquidations and "The Algorithm" doesn't properly calculate the max possible loss on...
  20. S

    How coronavirus became a corporate credit run

    I'll be honest, I also put my money where my mouth was in 2008 and went short treasuries. Moderately expensive lesson for me I always try to remember!
Back
Top