Search results

  1. J

    Cheap + good way to buy TSE, SWX, or LSE stocks?

    IB has direct trading for the UK and Switzerland, but not Taiwan. Beware of heavy fees in some countries, such as the stamp tax in the UK and Ireland. Full exchange list is at http://www.interactivebrokers.com/en/p.php?f=exchanges .
  2. J

    better to sell "expensive" shares at a loss, or "cheap" shares at a gain?

    All things being equal, you always sell the losing shares to avoid paying taxes. All things being equal, realized gains and unrealized losses is just plain stupid.
  3. J

    coins and silver and gold futures

    Look at a dealer like tulving.com. 1000 oz silver bar for $0.59 over spot, about 6%. kilo (32.15 oz) gold bar for $14.95 over spot, about 2%.
  4. J

    My simple formula great in backtesting but want commentary on it

    It is a trend catching method and only works for strong trends. How many years did you test it for? How long are the losing periods? 60 min chart with 30 day MA doesn't make much sense. For a 30 day moving average a daily EOD chart is good enough. If you don't have the discipline to take...
  5. J

    DRYS trading

    Hardly the worst ever. What about all the stocks that have gone from high prices to fractions of a cent or zero?
  6. J

    Futures Question

    Read each exchange's rulebook to see how defaults are handled. Exchanges normally force shorts to cover and allow no new longs in the delivery month when there is a shortage of the underlying commodity. A force majeure situation would lead to negotiated cash settlements.
  7. J

    DRYS trading

    New low today. Closed at 3.80 down 29%.
  8. J

    shocking IB Wire incident

    Read the news stories on MF. They have very poor risk management practices and questionable finances.
  9. J

    What does a guy have to do to get a response from firm?

    Perhaps thay all think that you work for the SEC.
  10. J

    BRK.a taken to the woodshed

    Yahoo says 23% of shares held by Institutional & Mutual Fund Owners and MSN Money says 24%. Do you have a source that shows higher percentages? Volume at 3,149 shares is not much above average, so no large selling pressure. Looks more like no buyers willing to pay up.
  11. J

    BRK.a taken to the woodshed

    BRKA down 11,550 to 84,000 (-12%) to lowest price in more than 3 years. It was at 147,000 exactly 2 months ago.
  12. J

    DRYS trading

    Your opinion that the market differs with was the "I would say oversold is good description at this point." not the "$6.50 IS the downward revision, based on Baltic Dry being in the 800's." And yes, you are correct in "the word "oversold" has no real meaning in a bear market". Low can keep...
  13. J

    expense ratios for ETFs

    The expenses for ETFs, CEFs and open ended mutual funds accrue daily and are reflected in the NAV.
  14. J

    Question, YM and Dow

    Cash close is 16:00 EST, futures close is 16:15 EST. These days a lot can happen in 5 minutes, let alone 15 minutes. The futures had a big run up after 16:00 on Tuesday.
  15. J

    shocking IB Wire incident

    I would not use them (5perside is MF Global), but the commission is lower than IB's.
  16. J

    coins and silver and gold futures

    It just means that piker morons pay too much for small amounts. If you are willing to deal in 100 oz gold bars and 1000 oz silver bars you can buy all you want for small premiums over spot.
  17. J

    If the IBKR stock keeps tanking, what will happen to my account?

    Why are you so concerned about IBKR? Look at the sad stocks of competitors: ETFC, MF, FCSX, PNSN, SWIM, AMTD, TRAD. And there are also the big boys GS and JPM. The market hates all brokerage stocks.
  18. J

    DRYS trading

    DRYS closed at 5.34 down 33.33%. I would say that the market differs with your opinion.
  19. J

    Question, YM and Dow

    I don't see any major difference between YMZ and cash Dow. www.indexarb.com shows YMZ futures at discount of 12.17 to cash Dow. Most of the day YMZ futures were trading 10 to 16 points under the cash.
  20. J

    DRYS trading

    DRYS down to 5.26 at low. Earnings estimate for 2009 is $6.50, guess that number will be revised downward.
Back
Top