Originally posted by dxmnkd316
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Business, Economics & Tax Policy 6.0: Nope, it only found woven strands
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CCT '77 & '78
4 kids
5 grandsons (BCA 7/09, CJA 5/14, JDL 8/14, JFL 6/16, PJL 7/18)
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”Any society that would give up a little liberty to gain a little security will deserve neither and lose both.”
- Benjamin Franklin
Banned from the St. Lawrence University Facebook page - March 2016 (But I got better).
I want to live forever. So far, so good.
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Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands
Originally posted by St. Clown View PostBrokerage houses have two sets of books, or accounts, if you will. They have one set of accounts which are entirely setup for their clients. Those trade based upon agreements with the clients - either directed by an account/investment manager, or only triggered by instructions put forth by the client. Even those trades directed by an agent of the brokerage can have limits set by account contract to keep them from being churned to death, ergo fees eating all the clients' profits. The other set of books are for accounts strictly held by brokerage firms for their own benefit. When it comes to stocks and bonds, they can (mostly) buy and sell as often as they want. There are limits, but there are easy ways to skirt most of the those limits, too.
With regards to limiting the purchases/sales of assets, mutual funds have 30-day limits in place as under-educated investors were churning their own 401k accounts. Now it's setup so that if you purchase on Day X, and sell prior to X+30, then the mutual fund company can place a purchase-block on your account, keeping you from moving your money into that specific investment again for a set period of time (I forget the period).
However, it's really darn hard to catch them doing this, and there's a pretty strong assumption that it happens quite a lot. A friend of ours from CERN had actually worked for Goldman before going back into physics, and he was in talks with some of the European regulators about using some of the software techniques for triggering* recordings of particle collision events in the LHC for looking for and recording suspicious trading patterns. I'm not sure anything ever came of that, though.
*In particle colliders, there are so many collisions and resulting particles showering off of them that you can't possibly record all the data. You have to have software that looks at the raw data stream in near real time (~800 MHz, if I recall correctly) to decide if a set of data "looks interesting" - a trigger. The interesting few nanoseconds of data are recorded, and the rest disappears into the aether. Even so, the data that they do record annually would just about fit on a stack of CDs...that would reach the moon. Without jewel cases. Even the highest frequency trading is in the 10 MHz range, 2 orders of magnitude slower than the CERN triggers, so technologically, it would be child's play for them.If you don't change the world today, how can it be any better tomorrow?
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Originally posted by alfablue View PostAre you selling low?
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Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands
If we’re off another thousand today, I’ll be in a buying mood. Anything below around 24,000 and we’re in full correction mode.
ETA: while you were sleeping, the VIX hit 50.
https://www.cnbc.com/2018/02/06/key-measure-of-market-volatility--the-vix--jumps-above-50-highest-level-since-aug-2015.html
In context:
https://www.zerohedge.com/sites/default/files/inline-images/ETF%20in%20context.jpg
That’s the highest since 2015 and the largest single day spike ever. Be careful reading too much into it though. As was discussed earlier, there’s some shenanigans going on in the volatility markets right now, but this isn’t going to help things.
If it cracks 52, it’s the highest since the Great Recession. Buckle up buttercup.
ETA: this was an interesting article. I’m not sure if this is the kind of person who will buy tactical butt wipes but the logic seems to check out.
https://www.diyinvesting.org/risk/liquidation-xiv-short-volatility-etn-stock-market-crashLast edited by dxmnkd316; 02-06-2018, 07:35 AM.Code:As of 9/21/10: As of 9/13/10: College Hockey 6 College Football 0 BTHC 4 WCHA FC: 1
Originally posted by SanTropezMay your paint thinner run dry and the fleas of a thousand camels infest your dead deer.Originally posted by bigblue_dlI don't even know how to classify magic vagina smoke babies..Originally posted by KeplerWhen the giraffes start building radio telescopes they can join too.
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Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands
If I had money I'd probably be a buyer. If I had a real broker who got me out and in on time I would have made a lot of money. Instead, I'll dollar cost average cause that's what I'm stuck with. Wheeeeeee.**NOTE: The misleading post above was brought to you by Reynold's Wrap and American Steeples, makers of Crosses.
Originally Posted by dropthatpuck-Scooby's a lost cause.
Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.
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Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands
If you had access to any of these, you -specifically- would be broke. You would chase the markets with your retirement and you would lose. Periodic investment or DCAing (as most of us know it) are saving you from yourself.Code:As of 9/21/10: As of 9/13/10: College Hockey 6 College Football 0 BTHC 4 WCHA FC: 1
Originally posted by SanTropezMay your paint thinner run dry and the fleas of a thousand camels infest your dead deer.Originally posted by bigblue_dlI don't even know how to classify magic vagina smoke babies..Originally posted by KeplerWhen the giraffes start building radio telescopes they can join too.
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Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands
Originally posted by dxmnkd316 View PostIf you had access to any of these, you -specifically- would be broke. You would chase the markets with your retirement and you would lose. Periodic investment or DCAing (as most of us know it) are saving you from yourself.
The steep declines in the stock markets in recent days have many investors nervous, but some local investment professionals said it is not time to panic.
They said the overheated markets were due for a reset of expectations. So while the markets have already shown more volatility in 2018 than all of last year, they said they still expect them to end the year higher than they started.
Lisa Erickson, senior vice president and head of the traditional investments group at U.S. Bank Wealth Management, said her bank’s message to clients on Monday was to stay the course and focus on long-term goals while monitoring the situation closely.
“We don’t see it has an immediate reason for concern,” Erickson said.Last edited by ScoobyDoo; 02-06-2018, 08:34 AM.**NOTE: The misleading post above was brought to you by Reynold's Wrap and American Steeples, makers of Crosses.
Originally Posted by dropthatpuck-Scooby's a lost cause.
Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.
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Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands
Originally posted by ScoobyDoo View PostIf I had money I'd probably be a buyer. If I had a real broker who got me out and in on time I would have made a lot of money. Instead, I'll dollar cost average cause that's what I'm stuck with. Wheeeeeee.
In the grocery store, you buy more of cheaper products, and less of the more expensive products. The stock market is the opposite where people want to buy more as things get more costly, and want to buy less as they become cheaper."Look to the end, no matter what it is you are considering. Often enough, God gives man a glimpse of happiness, and then utterly ruins him"
-Herodotus
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Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands
Originally posted by unh_hockey View PostI would say its unreasonable to expect your broker ( or anyone for that matter) to reliably time the markets. Think of it this way, the best time to make money would be to perfectly time the tops, sell, and buy back at the bottoms. Of course in rising markets, the prevailing mindset is to buy more…not sell. Would a broker have much money if they faded strength , and reported to you that you missed the last 5% move in the S&P500? I do not think so. You’d fire them faster than Donald Trump fires whitehouse staff.
In the grocery store, you buy more of cheaper products, and less of the more expensive products. The stock market is the opposite where people want to buy more as things get more costly, and want to buy less as they become cheaper.**NOTE: The misleading post above was brought to you by Reynold's Wrap and American Steeples, makers of Crosses.
Originally Posted by dropthatpuck-Scooby's a lost cause.
Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.
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Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands
Dammit. The market already looks to be smarter than the average bear. Instead of continuing to sell off because of the cluster Fark in XIV, the market is almost up.
I was really hoping for a big sell off again.Code:As of 9/21/10: As of 9/13/10: College Hockey 6 College Football 0 BTHC 4 WCHA FC: 1
Originally posted by SanTropezMay your paint thinner run dry and the fleas of a thousand camels infest your dead deer.Originally posted by bigblue_dlI don't even know how to classify magic vagina smoke babies..Originally posted by KeplerWhen the giraffes start building radio telescopes they can join too.
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Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands
Originally posted by dxmnkd316 View PostDammit. The market already looks to be smarter than the average bear. Instead of continuing to sell off because of the cluster Fark in XIV, the market is almost up.
I was really hoping for a big sell off again.Last edited by unh_hockey; 02-06-2018, 08:54 AM."Look to the end, no matter what it is you are considering. Often enough, God gives man a glimpse of happiness, and then utterly ruins him"
-Herodotus
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Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands
Originally posted by ScoobyDoo View Post"And no matter whether our clients make money, Duke and Duke collect their commissions.""Look to the end, no matter what it is you are considering. Often enough, God gives man a glimpse of happiness, and then utterly ruins him"
-Herodotus
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