Recent content by cfu

Well said... very well said.

I should have clarified. Risk instruments ARE going up because of printing and liquidity. I have stated this much earlier in the thread and in other threads. In the US that printing and liquidity, though, is not necessarily causing devaluation of USD. This crude/USD lack of correlation...

Relative to gold, you are correct, but I was not referring to gold/crude. I was challenging the claim that prices were up because of printing and devaluation of the USD (USD/crude), so basing it on the $DXY is relevant and telling.

These things can happen for any number of reasons. Obviously a big player was involved and they have the same emotions of panic, desperation, etc so it could be some manager wanting to get in or out immediately, maybe calls needed to be met, anything. HFTs are also heavily involved these days...

If you look at the $DXY, it is higher now than it was 1 year ago. Yet commodity prices, like oil, are likewise rising so devaluation is not the case.

Though I am not a Pelosi fan, she is correct. But it's the Fed and now other central banks' actions that are exacerbating the issue. You have to realize that the Fed made money very cheap and available intending to save the banks, promote inflation and restore expansion of credit (to name...

I can not disagree with anything Bob said. That post is basically gold for anyone that has the discipline to carry it out.

My sincere congrats to her. But she is definitely defying the odds these days. I've been in the industry for over 12 years now and am seeing the changes.

I am quite confident in challenging that notion. In a different economic environment of yesteryear, it is a virtual guarantee to pull those numbers. Not so these days. Will you have a better chance of landing one with a top 15 MBA now? Of course. But in a Wall Street world constantly...

The MBA market is soooooo diluted, especially these days with everyone who isn't working deciding to go back to school. The best bet is to get one from a top 10 - 20 name, but tuitions have skyrocketed and those programs go from at least $90k+. To boot, there is no guarantee that you will get...

To determine trend, just see if the chart is going from, as Denis Gartman loves to term, 'the upper left to lower right' or 'lower left to upper right.' You'll have to take your trade time frame and zoom out. So daytraders who trade by the 1 min charts have a downtrend today in the SPY...

You're absolutely right. You have to recognize the greater trend and go with that move. Anything else counter to the greater trend is an opportunity for entry, i.e. - buy on pullbacks when trend is up / short on bounces when trend is down (which is currently not the case). Remember too, that...

Exactly. Remember, these funds are judged not on their nominal returns, but % returns. So now the more AUM they get, the less return they get on the same trades that made them initially successful AND the more difficult the trades become. You'll also see the bigger name funds, like DE...

All things being equal, your % return decreases as you increase your AUM. A 10m sh trade that typically returns you 15 - 20% when you have $100mm AUM may only return 1% when you get to $1b AUM. Some managers have cited this as a potential problem in that it removes you from the very...

Exactly!!!! From my experience every green trader I'd ever seen come aboard our group sees a whole new world when they learn about shorting. They begin to see that the world is contrary to their belief that equities can only be bought and 'always comes back up.' That part is good. But for...