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As S&P was founded by Henry Varnum Poor in 1860, the S&P 500 being around from 1825 is truly amazing! :D

Here is what to use for IB symbols in QT: NYSE:$TICK-NYSE NASDAQ:$TICK-NASD NYSE:$AD-NYSE NASDAQ:$AD-NASD NYSE:$TRIN-NYSE NASDAQ:$TRIN-NASD Note that the AD symbols show data only through the API (used by QT) and not in TWS.

Yes, I know. I was making a statement of fact and a joke at the same time. Have you ever seen what CTAs charge for futures commissions? Usually between $50 to $150 a round turn. Since most CTAs run managed accounts into the ground they have to make their living off of their share of the steep...

And neither can you, as you are wrong and wrong. The correct answer is right on the SEC's website. "The federal securities laws define the term accredited investor in Rule 501 of Regulation D as: a natural person who has individual net worth, or joint net worth with the person’s...

Only complete idiots would pay a $30.00 commission for 760 shares. Anyone willing to pay that high a commission would believe anything. IB only charges $3.80 for 760 shares and actually does the trade and puts the shares in your account.

Madoff website under control of the liquidator. http://www.madoff.com/

SIPC announces "that it is liquidating Bernard L. Madoff Investment Securities LLC of New York, NY, under the Securities Investor Protection Act (SIPA)." http://www.sipc.org/media/release15Dec08.cfm

The legal ruling on fraudulent conveyance was done in the Bayou hedge fund Ponzi scheme. "In a decision that could spell trouble for innocent hedge fund investors, a federal bankruptcy judge in New York ruled that investors in the now infamous Bayou Hedge Funds—which were found to have...

There is no $3,000 limit on offsetting losses with gains. The $3,000 limit is on offsetting capital losses with ordinary income. Unless you are married to trading stocks, you should trade futures. 60/40 long/short tax treatment and a single gain/loss number per broker to be reported on tax...

Questions were raised about the Madoff hedge fund steady returns way back in May, 2001. http://nakedshorts.typepad.com/nakedshorts/2008/12/if-it-sounds-too-good-to-be-true.html

With the Euro up to 1.340 my " 4'' wave is a 3 wave abc " looks pretty good.

It is all explained at the Rydex website. RFN is ex-distribution about $33.24 a share. ST Cap Gains 28.342900 LT Cap Gains 4.896040

Rappers spend lots of cheese, are they getting a bailout? :D

Add EMD and TF to the rollover list.

IB is so customer friendly that they say "Minimum interest rate on credit cash balances is 0%. Interest charges will never be applied to credit cash balances." Oh well, zero interest is just another cost of doing business for traders.

IB has added a risk premium for large margin balances. over $1,000,000 0.62% (BM + 0.5%) over $3,000,000 0.37% (BM + 0.25%) over $50,000,000 1.37% (BM + 1.25%) "IB charges a higher default interest rate for large debit cash balances. If you anticipate consistently having a large debit...

Doesn't make much difference as overnight LIBOR is down to 0.19%. It would be nice if IB started offering money market funds as an option for uninvested overnight cash.

How long have you been doing this? Ever consider learning the basics? Under normal conditions and plus/minus a couple of ticks: Cash Index = Futures Price - Premium Premium info and more at www.indexarb.com .

Fiat currency is a zero coupon perpetual note, so it is about time the Fed started paying some interest on their paper.