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IB had TMA borrow every time I checked last week.

Adolph's a pretty good trader, but he's lame compared to Osama.

JPM CEO coveted Bear's digs.

Still weird times.

Can't even buy a latte at Starbucks with it.

And the futures are nicely up!! Weird times ...

Certainly not true of the 87 crash.

That was an obvious pump and dump. No one serious believed it, and Buffett later denied he was ever interested in a stake.

Why not; it's worked so far.

Why would that wipe them out? I know plenty of people with less equity than 30% who would not be wiped out by such a decline. They would continue working and pay their mortgages as they are doing now.

What are you talking about? I've been doing it for nearly a decade. I would think most serious traders do this.

Why file as a trader in securities if you're not going to deduct expenses? Makes no sense.

That's not what mine looks like. Mine has no keyboard. I press a button and a number appears, which I then enter at IB after entering my username and password.

Well consider this: In physics there are 3 laws that describe 97% of the phenomena. In economics there are 97 laws that describe 3% of the phenomena.

Warning: Chair collapse zone.

I use log charts because percentage gain is all that matters

You'd play RIMM long after Jobs's iPhone rock concert?

wrong

One reason might be that trading is more of a zero sum game - minus commissions, so actually a slightly negative sum game. In investing you ride the coattails of the economy, which has a good record over the long term.

That sounds closer to it. It's hard work, takes some knack, takes some experience, but lots of people can do it, although many more cannot.