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Not at all. It is never too early to judge that total nonsense is total nonsense.

This IB customer abuse is ongoing, here is what IB did to me back on 10/24: "IB beat my wife, kicked my dog, stole all 4 wheels off my car, torched my house, converted my account to Zimbabwean dollars and set all my clocks to the Newfoundland Time Zone. If it wasn't for the API I'd change...

Oh, yeah Bill Gross is a damn good investor. Look at what he does with his own money. Bill Gross owns 2,006,500 shares of the PIMCO fund PTY since August 2007. 52 week range is from 15.80 to 6.51. At current price of 7.68 Bill Gross has lost over $15 million of his own money in just this one...

Damned if I know. Bill Gross is the Chief Investment Officier of PIMCO and under his watch a number of PIMCO funds such as PFL, PFN, PHK have been run right into the ground. You would think that such a fixed income expert would have been giving advice to all PIMCO funds on how to make money...

No, it is just that the answer is so obvious one has to wonder why the question would even be asked, hence my question to you. How about I ask another question. Where exactly is the money going to come from to pay the dividend to the owner of the SPY shares that you shorted?

And exactly why would SPY be different from any other stock that pays a dividend?

Err, no. As of 12/01/08 the Comex warehouses have 2.9 million oz of registered gold and 5.6 million of eligible gold for a total of 8.5 million oz. That 1.1 million oz of delivered gold is still sitting in the Comex warehouses, it hasn't gone anywhere.

"Gold for February delivery dropped $42.20 to end at $776.80 an ounce on the New York Mercantile Exchange. The contract hit an intraday low of $769 an ounce." December ended at $774.60. Wow, real concern over "Possible default in December gold". :eek:

From the New York Times: "Deep Discounts Draw Shoppers, but Not Profits Sales in the nation’s stores were strong over the weekend, to the relief of retailers that had been expecting a holiday shopping period as slow as the overall economy. But while spending was up, there were...

Have you ever tried to reverse engineer something? It is not easy to do. And if you did manage to reverse engineer a trading system how do you know that you have all the rules and that it will work in the future? How is the broker going to tell the difference between a skilled trader and a...

Look at your monthly statements. Each month in the first week daily accrued interest for the month is converted to cash.

I went to Franklin Mills Outlet mall in Philly Saturday evening. Plenty of parking and few people shopping. Times that I've been there in the past that were not holiday times were always busier than what I saw on Saturday. I saw special advertised sale items with signs saying "limit 1 per...

Just download 2007 Form 1040 forms and schedules and put in your numbers. Your 2008 taxes will be similar to and somewhat lower than your 2007 taxes. You will not see a zero tax rate on 20K of capital gains when you have regular income of 40K.

"Interactive Brokers - well-defined API but must run alongside their client. (i.e. probably slow and/or inefficient) Cost structure not really immediately clear. Negative threads here mildly spooky." IB API is not slow. No problem at all handling futures data and futures book data that...

The IRS requires you to do income and loss accounting the proper way. You lost the money in 2005 and must report it on an amended 2005 return. You then have a tax loss carryforward that must be used in the years immediately following 2005. The IRS does not allow you to skip years with your tax...

Should I be worried that Tom Fitzpatrick is going to put a contract out on me? :eek: Maybe whack me with a 100 oz gold bar? :D

Bayou is waterfront and dirt cheap. Try looking in the delta area of South Louisiana.

When the N225 was started on September 7, 1950 at around 100, the DJIA was around 220.

Citibank ??? Bwahaha, they can't even run a bank. I'd fade those clowns anytime.

No, nowhere near 50% are taking delivery. The open interest had been over 150,000 contracts. Most futures traders roll to the new front month. Anyone with the cash can buy large quantities of gold in the normal gold market without a large premium. How many tons would you like to buy?