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    Valero

    A 60% increase in pps from Jan '07 to July '07 is a pos? Interesting perspective.
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    Valero

    Crude costs are the main factor here, the crack spreads have been relatively terrible because of this. Gasoline supplies have been falling because of reduced production and maintenance, crude supplies are building for the same reason. If some semblance of logic ever returns to the crude futures...
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    Valero

    Would you say that they have much more downside left then? If not, your namesake comes to mind (buy lo sell hi), buying calls or buying outright and selling covered calls might be a strategy here also.
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    OJ Futures

    Sell Mortimer, sell!
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    ALL In,Out Vs. AVERAGE In,Out

    I think you are discounting scalps, daytrades or whatever terminology you want to use. No need to wait for any monster moves, identify a high probability set up with an exit target. Also have a plan if you are wrong, how long will you hold until the trade earns a profit vs closing it the same...
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    ALL In,Out Vs. AVERAGE In,Out

    All in, no stops, mostly. Here's why; if you aren't confident of the trade you're putting on, why do it? Scaling in/out is admitting defeat before you start, I just can't get past that mentality, it's like second guessing myself from the get go. No stops simply because it is too easy to...
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    M2M Form 3115 question

    Can anyone post an example of properly completed Form 3115 as needed for a self employed equities trader? Thanks in advance.
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    Trading is a SCAM !!!

    But you said trading is a scam, or is it investing? Life is a scam, figure out how to get in on the scam and don't worry about it.
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    Anyone scalp stocks?

    I use the 1 min and check 5 & 10 day and 10 week for trend and range purposes.
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    Handsome's Pick is.... GE

    Isn't there some guy named Cramer that likes to say buy, buy, buy at the 52w high also?:D
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    "Smart money watches Bloomberg"

    I don't know who watches what, but Bloomberg is head and shoulders above CNBC imo. CNBC seems too gimmicky and ratings driven, the info on B/berg is very timely and their anchors aren't models converted to stock analysts, imho. In my not so humble opinion; CNBC sucks, but I guess there must...
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    No place to put all the oil in N. America

    I don't understand how traders can put rbob and cl into a separate category than equities when it comes to price action. The excuse that there's never been a shortage of gas at your local gas station is funny; there's never been a shortage of goog at my broker either, yet those evil manipulators...
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    Funniest thing ever seen at a prop firm

    Well, it was more realistic so we may have to allow that for experience.:D
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    Funniest thing ever seen at a prop firm

    You don't know shit about fighter pilots, and watching Top Gun doesn't count.
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    Easy way for gvt to fix high gas prices

    I don't see a problem with fuel costs, but there are a great many people in the U.S. complaining about gasoline prices, to them I say reduce your consumption or pay up, better yet trade the oil patch and profit from situation, I've never known whining to pay the bills. The post about...
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    Need advice on new laptop

    At least you had alcohol as an excuse for being clumsy:D
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    Need advice on new laptop

    My sister has a Vaio, I have an HP. I like the HP better, one annoying thing about the Vaio is the lack of a mousepad scroll wheel, perhaps they have addressed this by now, although she bought her laptop less than a year ago. Her Vaio cost more and did not come with a duo core chip and no...
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    Easy way for gvt to fix high gas prices

    The govt can't even keep the SPR stocked to the proper levels, and you think they can "order" more gasoline in the off months? So now we want the U.S. government in the business of buying storing and selling gas? Or are you suggesting that private corporations be forced to buy and import...
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    Need advice on new laptop

    Wow, that's terrible battery life. Is that common with AMD's? My Intel Duo Core HP laptop gives me 6 hours.
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    Breakdown about to occur

    A Cramerite...that explains everything.
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