Recent content by StarDust9182

Yes. Good point. I guess money doesn't motivate me quite as much anymore. I have grandkids now. The fellow who reportedly shot his neighbour (Norton something?) was going to do this but was silenced or stopped for some reason on an easy task. Perhaps he is doing it already.

There was a preliminary report that landed on my desk earlier this year that I can't find. Most likely the issue the SEC is worried about is much bigger. It was something about complaints from a large trader that some Exchange Traded products had very odd trading and volume stats and the...

Found an article last night from Gartner Group on Windows 10 in Forbes while searching for something odd about my Win 7 machine. Game, Set and Match. http://www.forbes.com/sites/adamhartung/2016/04/15/pc-sales-in-q1-drop-more-than-10-are-you-surprised-do-you-care/ No matter what a "experts"...

At a metaphysical level, there exists only one choice - between truth and falsehood, between light and darkness, between good and evil etc. Hiding from the problem is what children do. Working together is what adults do. Shooting the messenger is what ...... I read last year that all GDP...

Another thought is that NIRP is simply another bank bailout in disguise. The shark is drowning and we need to save it. Perhaps you could critique my reasoning. Banks are a spread business. Business is bad. Asking for a new bank bailout package could be politically tough. TBTF means citizens...

Thanks. I have been reading about this velocity fellow. Is the quantity theory of money generally accepted in economics? So the helicopter idea was that printing money and stirring increases the "GDP" water? Or that printing, stirring while chanting, and passing laws increases the water? It's a...

It's always fun until someone (sometimes it's an insider but usually a sucker) gets a stick in the eye. Unintended consequences perhaps? I read somewhere that the SEC was very concerned about leveraged ETFs because allied with HFT they are a IMO a weapon of mass destruction. They make it hard...

... and this is where HFT ultimately leads IMO. I wrote in the past about whales scaring the fish and the strip mining of the seas so no need to repeat it here. Sad, trading still needs TWO parties - one sucker and one insider. There has been a dearth in suckers I guess. I have been pondering...

Con artists need a hook to work on the gullible fish - something free to hand out.

“The enemy isn’t conservatism. The enemy isn’t liberalism. The enemy is bulls**t." —Lars-Erik Nelson, political columnist Thanks for having the courage to reply. The original name for economics was political economics. Somehow the political was lost (not politically correct enough perhaps?)...

Not surprising at all in one way. If everyone agreed, then there would be no trade! That is why so much front running goes on at the largest institutions IMO.

... and when a billionaire loses on for example some naked put options as a deal from a certain 1998 rescue event he backstopped, he calls up his employee and receives an excellent rescue deal himself - this never really happened though. He also becomes an icon to worship although he is a humble...

Yes Handle and massive connections to NGOs helps as well. We talk know about the rich billionaires on one party but some seem to ignore the counterbalance in the "progressive" movement. Too bad they don't write about themselves in the official media much. Google Tides and ask who they report to...

The myth of Buffet is large and IMO wildly exaggerated. I have read some interesting stories and facts. However, I think he is a genuinely decent fellow - just keep your hands in both pockets as you talk to any trader! I would vote for humility (or the lack of ego involvement) as THE key...

My rule of thumb is that for every successful trader (that I know) there is about one successful options trader. I know well over 100 failed traders and less than 5 I would deem successful over a couple of market cycles. Options require an enormous amount of knowledge and self control to work...