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    If I were Trump, I'd "bailout/stimulate" shale producers.

    Think of it this way. You make widgets. It costs you $10 per widget to make them. You've got a competitor who can make them for $8. But your widget machine was cheap and that particular widget is only 8% of your company's business while it's 50% of your competitors business. Your competitor...
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    S&P 500 Futures Limits for 3/09/20

    I think the idea was to avoid the situation where you have a 15 minute halt and then open up for 7 minutes or 1 minute or some other short period of time before the regular close and end up with a very disorderly market. At some point you have to decide how short is too short between the reopen...
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    Manipulating losses and tax rules using box spreads to synthetically transfer money between accounts

    I totally get where you're coming from, I'm just also pretty certain it isn't going to fly with the IRS. Just to protect people from themselves I won't spell it out but you'll be able to figure it out: there is a way you can guarantee the loss goes in a certain direction, although probably not...
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    Manipulating losses and tax rules using box spreads to synthetically transfer money between accounts

    There are two keys to this. The first is in the rule: "The [taxpayer] did not personally reacquire substantially identical property and, strictly construed, the language of section 214(a)(5), above referred to, might not apply. However, the rule of strict construction should not be unduly...
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    Manipulating losses and tax rules using box spreads to synthetically transfer money between accounts

    No, you don't claim loss in a Roth. Here's the link and text of the revenue rule. Basically the IRS fully understands the loophole trying to be exploited and has made it so that it will never work to your advantage, so not worth thinking about beyond making sure you don't run afoul of it...
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    S&P 500 Futures Limits for 3/09/20

    What could Trump possibly tweet that would have any positive impact? That's a purely downside risk at this point.
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    S&P 500 Futures Limits for 3/09/20

    Curious if you know off the top of your head if the index ETFs like SPY are under these limits or the individual stocks limits? Seems like there could be some weirdness there if they are operating under the individual stocks limits, which I think they are?
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    Manipulating losses and tax rules using box spreads to synthetically transfer money between accounts

    There's an IRS rule that requires you to consider the gain in your Roth immediately taxable, I'll look it up when I get a chance. Basically the loophole you're looking at doesn't exist if you're using substantially identical securities. And as sle pointed out absent you self-dealing, which will...
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    Cheaper financing than IB's margin rates?

    First off if there's a question between something I claim about trading mechanics and @Robert Morse, I'm probably the one who is wrong. That said, I think selling a box is different then the specific question asked in that thread you referenced, so if you asked him specifically about selling a...
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    Cheaper financing than IB's margin rates?

    I may have inadvertently been confusing, sorry. If I have extra cash I could, in order of return, keep it at my broker in some kind of sweep account, buy a treasury, or buy a box. You can buy the box at a discount to it's guaranteed value at expiration, that difference is the interest just like...
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    Cheaper financing than IB's margin rates?

    The boxes trade a nickle on either side of the mid. That means that everyone is basically on equal footing. I used them to lend at a slightly higher rate than treasuries, you could use them to borrow at a slightly higher rate than treasuries. This is in fact one of the very few places where a...
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    how far could the market go down?

    Couldn't be happier with my life, thanks for your concern. Now I'm going to go continue to live it. You enjoy yourself with whatever this is that you're engaged in. Sorry to have set you off, for your sake.
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    how far could the market go down?

    You are an absolute moron. I was AGREEING WITH YOU that flying is safer than driving on a per mile basis, and telling you there was no need for you to condescendingly "educate" me on that because I in fact spent a good deal of time as a professional pilot! How that's a logical fallacy is beyond...
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    how far could the market go down?

    Kind of niche thing; I grew up in a fundamentalist christian household. Duane Gish was a prominent creationist who would debate scientists back in the 70s when I was growing up, and reading/watching him was part of the brain washing we were subjected too. I was a bit too inquisitive for the...
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    Billions and billions for emergency funding just in the last hour

    And that's a perfectly rational argument to make. Like I said, I don't know the impact of a marginal dollar spend on this virus versus a marginal dollar spent on cancer and I'm certain intelligent well meaning people can disagree on that. However it's a completely legitimate topic to debate. And...
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    how far could the market go down?

    Wow! There's actually a name for what you just did, it's called the Gish Gallop and you've presented as fine an example as I've ever witnessed. Not even the original Gish was able to copy a random list of fallacies down from the first online source that popped up when they googled "logical...
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    how far could the market go down?

    My point is what the fuck does the number of people killed by flu, heart disease, car accidents, you name it.....have to do with any new thing that has the potential to kill an ADDITIONAL 25,000 to 60,000 people (using your comparison to the flu). Other then the fact that flu is a disease and...
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    It's over. Historical bull run has come to an end.

    https://abcnews.go.com/Business/wireStory/us-stocks-open-sharply-lower-yields-drop-virus-69434363 "Even a better-than-expected report on U.S. jobs wasn't enough to pull markets from the undertow. It's usually the most anticipated piece of economic data each month, but investors looked past...
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    Billions and billions for emergency funding just in the last hour

    So again I go back to holding you to making rational arguments. If you can show that an additional dollar spent on cancer research will save more lives then one spent on coronavirus you'd be making a decent argument. Cancer's damn hard and the effectiveness of research doesn't move linearly with...
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    how far could the market go down?

    Enough with this whole "I can find something that kills more people then coronavirus therefore you shouldn't worry about coronavirus" fucked up logic. In your rant you just basically said an ADDITIONAL 25,000 to 60,000 people could die from this. Think about that for a second. In what universe...
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