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The #2 box on 1099-B includes stock sales.

I am not a tax expert so take what I am about to say with a grain of salt. Any income gain or loss passed through to you by the partnership affects your cost basis. So if the partnership distributed $752 to you in income, your cost basis in the partnership rises by $752. So on Schedule D...

So can an individual comment on this crap for brains proposal? I can't seem to find anywhere on the SEC website where I can tell them how stupid they are.

Cramer is a hypocrite. He continually trashes people on his show but when he gets called out he cries that it is unfair and goes on every TV show imaginable to try and plead his case. Then he says on the Jon Stewart show that he will change his ways and try to do a calmer more informative show...

Since I am pessimistic about anything the SEC implements, I am going to assume the worst case here and that this modified uptick rule will be put in place all the time, not just when there is a 10% drop. And that will suck.

Wow, the uptick rule lunacy gets even crazier. I opposed the uptick rule being reinstated and I *really* oppose this modified uptick rule being enacted. What garbage.

This video is completely biased, just like a majority of the things flytiger writes. No wonder he likes it so much. Here are some comments: 1. The narrator says that the naked shorting is obviously being done by the same person who bought the puts. BS. Where is the proof? 2. The fail...

Notice how he implied that he would change his show on the Daily Show interview, but then he goes right back to his usual antics. I don't understand who actually watches his show. You hear these callers call in and seem so excited that he buried them in losers. I don't understand where they...

That's fine. Enforce the naked shorting rules that already exist. Just don't dick with making the playing field uneven when you cannot even prove that the uptick rule is the culprit. This whole campaign is a bunch of b.s.

Yes, that will work for a day or two, until the averages make new lows.

I think it is funny how people are so eager to give up the ability to short without an uptick. It is a financial freedom that is useful for various things, including hedging. There is not one shred of evidence that the uptick rule affects volatility at all. Everybody wants to feel like they...

BS

Wait, wasn't shorting made illegal on financial stocks at one point recently? Wait, what happened to the prices of those stocks after shorting them was made illegal? I forget. Hmmm.... if shorting was illegal and the financials got HAMMERED when you couldn't short them, well I'm sure the uptick...

I can't wait for 10x ETFs to arrive.

Let's all go to make believe land and just say the bank positions are better than what they really are! That will be great! Everything will be saved! Any rally on the repeal of MTM accounting will just be another shorting opportunity. Even with MTM repealed, everyone will know the warts still...

I'm just partially joking with you. It seems strange to me that you take one person's comment and extrapolate it out like that. I see your point, but then you could also say that about any shill that comes on CNBC. Of course, this is the president we are talking about so he has special...

Yes, because the president says to buy stocks, the SP must now decline to under 400. Makes sense to me! Man, if I only had such power over the market, I could make some serious money.

Just because somebody doesn't do what Cramer would like to be done makes them an idiot in his mind. I actually think Cramer is a moronic idiot for his ability to drivepile people's portfolios into the ground. How about the buy XLF call - its the bottom! - in July 2008?

I am just saying that odds are that you are going to fail and you should have another source of income as backup. If trading will be your only source of income and you have not yet proven that you can trade for a living, then the pressure will be a huge factor against you.

That's not a good situation to be in to start your trading career. Not that it can't be done, but the odds are definitely stacked against you. Maybe consider a different backup plan.