Important
#1
Posted 14 March 2007 - 01:55 PM
Mark S Young
Wall Street Sentiment
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#2
Posted 14 March 2007 - 02:05 PM
It's the illiquidity, stupid !
#3
Posted 14 March 2007 - 02:20 PM
#4
Posted 14 March 2007 - 02:28 PM
Exactly the same thing I have been doing for last 3-4 days.
Can you tell me, how our brokerage accounts are protected, or what to do to have that in proper order?
All brokerage accounts have lots of SIPC and private insurance protection. Still, if you have large cash balances, I'd put them in treasuries for maximum security. Treasuries are more marginable, too, if you need to do something. Otherwise, hold spare cash in Government money market funds and don't trust any broker too far, espcially small ones. Also, commodity brokers are different. Your capital is their capital. Don't sit on cash there. Wire it out.
Mark
Mark S Young
Wall Street Sentiment
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http://wallstreetsen...t.com/trial.htm
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#5
Posted 14 March 2007 - 02:41 PM
#6
Posted 14 March 2007 - 03:25 PM
Exactly the same thing I have been doing for last 3-4 days.
Can you tell me, how our brokerage accounts are protected, or what to do to have that in proper order?
All brokerage accounts have lots of SIPC and private insurance protection. Still, if you have large cash balances, I'd put them in treasuries for maximum security. Treasuries are more marginable, too, if you need to do something. Otherwise, hold spare cash in Government money market funds and don't trust any broker too far, espcially small ones. Also, commodity brokers are different. Your capital is their capital. Don't sit on cash there. Wire it out.
Mark
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#7
Posted 14 March 2007 - 04:03 PM
#8
Posted 14 March 2007 - 04:07 PM
Edited by spooky tooth, 14 March 2007 - 04:09 PM.
#9
Posted 14 March 2007 - 05:46 PM
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#10
Posted 14 March 2007 - 06:08 PM
Mark S Young
Wall Street Sentiment
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http://wallstreetsen...t.com/trial.htm
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