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Such a terrible story. Especially about his wife who was shot and killed. He was a smart guy, no reason he couldn't have had a successful legit life. The love of money is the root of all kinds of evil indeed.

I know someone that bought a place a few years ago at the peak of the housing bubble with zero down, fully mortgaged. He makes about 200k a year salary. That place is now seriously under water, maybe 250k. Last time I spoke with him, he bought a new home also fully mortgaged, and is living there...

^does what the B of A guy said sound normal? That I used up my buying power for the day? (I wasn't holding any stocks or anything, I had just sold everything). Oh, about the "margin button", I meant I can choose to purchase in margin or in cash, and click on either one. Thanks again.

Can I ask a noob day trading question? I have a margin account w/ B of A. Well I was buying and selling stock ABC today, each time making a little profit and then selling. I was doing this in "margin" but never technically dipping into "margin". Then after I sold that I was trying to buy...

Does anyone trade internationally on etrade? It seems like the Hang Seng follows the DJI pretty well...can't that be taken advantage of by buying or shorting the HSI in Hong Kong in real time? Or am I just being a naive n00b.

Any opinions on the CEOs' purchases of common stock? Definitely caused a monster rally today. But the actual dollar amount isn't that high. 200k shares of BAC is maybe 1.2 million. That's how much they spend on a few commercials. To me this just seems shady. But then, maybe they...

Do ya'll think the TARP will now go to the auto industry? <a href="http://money.cnn.com/2008/12/11/news/companies/whitehouse_warning/index.htm?postversion=2008121123">http://money.cnn.com/2008/12/11/news/companies/whitehouse_warning/index.htm?postversion=2008121123</a>

as of now, dji futures +257 its midnight. i understand everyone says you can't time the market, but is there a way to capitalize on this? like say i wanted to get SSO, by the time the market opens, it will already have jumped in price. so if i buy at market opening, i could risk losing...

i picked up some more shares today after the 777 drop yesterday. i might be biased b/c i've been loyal since the green screen apple computers. but have you gone into the apple stores recently? still packed, when every other store is empty. this is one company you know will rebound some point in...

If one was to make a small play on the bailout, who would you say benefits the most? Thursday Cramer said BAC, GS, and WB would benefit most. But WB is also predicted to fail. What about AIG and FRE?

Ok thanks for the helpful info. Yeah I'm def not a nutter, but am viewing this more as a hedge. Basically, I feel like things are still going to go south, so why not take advantage of it with these inverse ETFs. But you're right, the problem is buying at at the wrong moment.

I guess what I mean by getting "burned", it's not like placing a short order where you could end up having to pay back whatever price it ends up but the most you risk in this ETF is how much you put in and no more, correct? Graphix, I've posted here before, not sure why it says 1 post...

Does anyone invest in inverse ETFs / ETF shorts like SDS or RSW? Basically they are leveraged to go up when the market goes down. Is it like investing in any ETF without the risk of getting burned badly making an individual short sale? Perhaps a good investment vehicle if one...