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Mark to market election. You can then carry back all your losses to previous year's gains.

depends on how stocks "trend" in the future and how big the short term retrace. one reason why discretionary traders get knocked out of a trade is cos they don't have deep enough pockets to withstand the retrace (mental p&l stops) and each subsequent move up in the trend is too small and met...

that is true. there are alot more #'s released during the day vs. 5 years ago even. ie help wanted index, pending home sales, doe's, etc. causes the chop that the arb boxes so dearly need to save their as*es.

i can't tell you how many "smart" traders i met who are too afraid to lose, and well oftentimes, don't get anywhere if fear loss. this guy has peered into the abyss. there are plenty of smart shrewd traders at the status quo. some investors are not really interested in that.

The street is drawn to traders with balls which ring like church bells.

i am famliar with a unique non-JBO leverage product with a reputable bank which allows for naked long @ fed funds + 3% 10:1 leverage overnight, 40:1 intraday. Anyone interested, PM me. Hedged with short pair, the spread is 3.5%. total: 3.5% financing for hedged, 8.25% for naked ov. 0%...

Don? Or do you not allow directional unhedged overnights.

GS charges fed funds + 1.25% for debit interest? does this assume that one must have a hedged position long/short? what do you/they charge for 100% long overnight?

because investor timing and redemption of funds from their accounts is not good for their mgmt % fees.

I've seen him on tv for years. He was a housing bear 5 years ago too.

There are alot of mathematical formulas/indicators that measure fear and complacency.

u think cheap twinkees and milk would help too?

if that's true hope ur trade profits are not dollar denominated. will be worthless.

If real estate drops 40-50%, we are talking major financial catastrophe. I mean if it happens, great call, but won't bode well for humanity. Hope he's wrong.

Not only that, but many new homes were purchased by newlyweds past 3-4 years. Given statistic that >50% of couples end up in divorce, they'll have to sell that house at like 15% discount to get it sold quick or it gets reposessed.

i wonder what all this cynicism and negativity *really* means to the markets.

Actually, alot of people do still buy on fixed mortgages with x% down.

If not actively trading, this is the best strategy over the long run. into an index etf, like spy. it will actually outperform the majority of money managers. problem is, it requires averaging in consistently over time, even during bear markets, which is difficult for most to do, unless...

but this chart will eventually make new highs because it is a market index. u cannot apply the same buy and hold strategy to individual stocks with same confidence.

buy and hold works with stock indexes. if you bot DIA before 9/11 and held, u'd be up.