Recent content by menelaus

Why do idiots always say, "It's different in China..." China might be different in that the gvt can cook it's books longer, the banks are more corrupt and the political situation is volatile. But markets are markets and China is a huge bubble ready to burst, so freaking clear.

Chinese 30 day repos are spiking, liquidity crisis on. All of the PRC's BS getting out in the open. Crash imminent. Oh wait, their model is better than ours. Cancel my FXP.

The answer will be to devalue the world's currencies in concert after deflation has decimated the global economy.

The velocity of money is slowing big time, credit (which is also money) is contracting big time...Helicopter Ben cannot print enough money to offset this fact. Gold goes down as do most assets as we experience deflation. We are experiencing deflation now, it will become obvious soon.

There is a VIX ETF you can trade, decent volume symbol VXX

The dollar keeps weakening against most currencies (DXU9) All dollar domininated assets will keep rising as the dollar continues to tank...this is classic inflation, nothing to do with earnings or economic recoveries.

If you bought ANY treasury. 30yr, 10 yr, etc except for TIPS you made money. Sell, take your profit and shut up.

Nitro, What impacts will this have on off-floor MMs, and what other details about the exchange will differ it from ISE and BOX? Thanks for your post.

Selling strangles...what a "brilliant" strategy. Wonder what the October numbers will look like if they are still in business. I feel bad for the clients that were sold a delta neutral strategy and are gonna lose everything. Yu Dee Chang is an idiot.

Check the vix and vxn tomrrow. LTCM happened no one was wigging too hard early...then volatility explosion. If you are short gamma or vega, or have no idea what that means, like Yu Dee Chang, good luck. And remember, short preme will always eventually kill the dream.

http://thinkexist.com/quotation/the-bank-shares-have-gone-up-ahead-of-their/1184714.html

i usually trade ema/sma waves, so tomorrow, will look to catch awave:futures+options.=gamma. Oh yeah, some sort of Idiot Wave or other phantasm could work.