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The Financial Times has this article: Short-selling faces clampdown by SEC By John Labate in New York Published: February 19 2003 22:02 | Here is a quote: "US regulators say they are being pressed to clamp down on short-selling by politicians who complain the practice hurts companies"

There was a commercial about three years ago.... a guy visits a company that he has invested in.....he's wearing a suit and everybody in the company is nude.......paunchy, nude execs show him around as other naked employees are filing, leaning on the water cooler, etc. I can't remember the...

Everyone on CNBC, Bill Griffeth in particular. After doing financial news for 20 years, he didn't know what a stop limit order was -- he apologized that he had given a caller completely inaccurate information. How conscientious are these people when they don't bother to pick up basic...

Here's a link to a chart showing the drop in the Dow (1929), Nikkei (1989), and the Nasdaq (not up to date): http://www.topline-charts.com/bubble.htm Here's another chart comparing Nasdaq with Dow 1929 market: http://www.prudentbear.com/slides/1920svs1990s/sld003.htm

def, I guess TWS would be the same for a Hong Kong account, so questions about TWS would be handled by IB Chat. But who would I contact with questions about fills or account balances for example -- Would I phone or email Hong Kong? Also, if I want to withdraw funds from Hong Kong, would I...

Kicking, My understanding is that you cancel by email. Go to billing policy/ cancellation/ click "sent to Nextrend". This brings up an email window that you can route to billing. You have to cancel 5 days before the end of the month.

Kicking, I have a $15 subscription to Nextrend and I've been using charts on NQP1'CM a lot lately. Like other chart services I've tried, you have to scroll back. You can see 5-days of hourly data at one time on NQ. It is possible to print and splice to see more days together. The most that...

I don't think that rtharp is hyping anything. He is sincerely and truthfully describing his points of view about trading. His father's books and approach to trading, and Echo Online are part of his trading. I think it would be difficult for him to fully discuss how he trades without...

Let's say that you've been labelled as a daytrader, but in reality you are a swingtrader with a streak of bad luck (stopped out intraday on too many trades within 5 days) which puts you under $25000. You do another trade, which you don't intend to be a daytrade, but your stop is hit intra-day...

For example, the implementation of the daytrading rule could be delayed for further study and another comment period. It would take a lot of letters to get the administration's attention but politicians do respond when faced with large protests. A friend of mine is in the check cashing...

I'm wondering if other countries have similar rules on daytrading. Since IB will soon offer trading in UK stocks, I would daytrade them if the UK does not have these rules. Of course, there would be the currency risk to consider. Also, maybe the Bush administration could ask the SEC to...

I saw this article in the Financial Times about a new idea: fixed-odds-betting for the stock market. The guy who wrote the article suggests that watching the odds on these sites can gives clues about market expectations.Here's the article..... Talking Stock: If you can't stand the heat. ...

def, You mentioned that IB will offer trading in UK stocks. What are the ways that I could fund the account? Could I ask IB to transfer funds from my US acount to the UK account -- and IB would take care of the currency conversion? Or would I have to arrange a wire transfer in pounds from my...

If you renounce your U.S. citizenship, your U.S. assets are subject to an expatriation tax, and you may be required to file tax returns to the U.S. for 10 years after your renunciation. The expatriation tax began in Feb. 1995. The presumption is that you are renouncing for tax reasons. The...

Bouncer, You mean you have a 12GB hard drive (not 12MB as you posted)? IB requires 20MB free space.

Well I've done about 450 round turn trades. I'm profitable but just by the hair of my chinny-chin-chin. My trading isn't even minimum wage. If it weren't for the low brokerage commissions, I wouldn't even be profitable. So to all of you who want to fight this battle and who have made a...

I won’t post anymore on this topic because it is only tenuously related to currency trading, but I did want to reply. The Florida Congressional Delegation wrote a letter to the IRS opposing this regulation. Did they do that because in Miami, for example, one-third of the bank deposits come...

The IRS proposal is to begin reporting interest income paid to foreigners to their foreign governments. You have until May 31, 2001 to send comments (for or against) to the IRS. Some people think that this will hurt the U.S. economy (and the dollar) because foreign money will flee the U.S.-- I...

I asked on IB Chat about the SIPC insurance. They gave me http://www.interactivebrokers.com/html/companyInfo/disclaimer.html They say that they have the $500,000 per account mentioned in the disclaimer -- which is the maximum SIPC basic coverage. To def, I think you do a great job...

"Hays says that over the last 13 weeks, growth of the Money of Zero Maturity or MZM -- cash that can be readily used by consumers -- has jumped by some 25 percent, a record increase. By comparison, in the months leading up to the feared Y2K computer bug, the Fed boosted money supply by 15...