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When the US dollar is arguably one step above toilet paper, oil's price could be anything and it would make sense.

They could terminate all operations in Iraq and Afghanistan and then drastically cut defense spending. That would save a chunk of coin.

Just look at an intraday chart for that particular day and you'll see why stops didn't work.

Pelosi needs to introduce a new stimulus bill where everyone gets a check from the government for 1 billion dollars. Then all of our problems would instantly disappear! Makes as much sense as what our government is doing now.

There have been a few posts of that intraday charts for that day. They are scary. The fed certainly ended a few careers on that move.

Maybe you have a different setup from what I am thinking, but for an individual you had to declare mark-to-market accounting by April 15, 2009 to have it apply for the tax year 2009: http://www.fairmark.com/traders/mtmacc.htm

No, get a new accountant.

Get a new accountant unless you happened to have made 100,000 in short term trades and lost 25,000 in long term trades. If they are all short term gains and losses, you should be reporting 75,000 in total profit.

You even admit that after the first popup that you didn't take the time to figure out what was going on so it happened to you a second time. Sorry for the loss but you really should be on top of these things before risking any significant money.

About a year ago, the correlation between afterhours movement and Cramer's pumps was uncanny. On almost every tout, somebody would put in orders for the stock he was about to pump about 5 minutes in advance. I haven't noticed anything like that recently though.

Combination of stupid people who don't understand how illiquid the afterhours market is plus smart people who have insider knowledge or get upgrade/downgrade news in advance or frontrun Cramer's picks before he spouts them on television. They all drive the price in afterhours.

It means the author has no idea what he is talking about and that it would apply to all financial transactions. Apparently he thinks only institutions participate in the stock market. If this Robin Hood Tax were to pass or gain any foothold, it would be a big win for Global Socialism. The...

But according to Cramer, he is "one of the great ones." http://www.youtube.com/watch?v=Lo77x4VeoQE

Bet you the ratings pick up during the Olympics though!

not to mention that it is idiotic and like shooting yourself in the foot to cure a headache. I'm waiting for Mr. Lawson and Oxfam to tell us how it is the financial industry's responsibility alone to take care of poor countries. The idea is preposterous. I think Mr. Lawson and Oxfam...

I think it would totally obliterate stock trading at 0.25%. I'd be gone from the markets overnight and I can only assume many other traders would vanish instantly. The volume would plummet especially on stock transactions because they are being punished the most in DeFazio's bill in its current...

By definition, by blowing up they proved they didn't know what they were doing.

Yes, just like his "massive rally" call off the Massachusetts election!

How about we propose a tax of 0.005% tax on every word said by any actor (based on the total earnings of the movie that is made)? Why aren't the movie stars willing to aid the needy?

Yes, and I'm asking some questions to a winning trader that I hope get answered. It's his decision to answer my questions, not yours.