Recent content by steveosborne

Folks down South are not particularly in love with Bush, it's just that they don't want to vote for YOUR candidate.

Surdo, How appropriate. I wanted to congratulate you for beefing up your long position after Bernanke spoke last week. At that time I also thought about converting my outright short position into a bearish spread or straddle with the intention of selling the long leg a few days later but I...

Landboy, LuckyHonda, It looks like we're looking at things the same way. Today's growth and inflation data had the same meaning Bernanke's testimony had last week and markets reacted the same way. Oil dropped and stocks rallied. Bonds shot up three quarters of a point but that was half of...

ZB's have been trying for six days in a row to reach 108 and stay above it. The 108 level is very well defended and was always reached with bad timing for the bulls. If they had succeeded in going through 108 at the exact same time stocks would be dropping on significant news, the move would...

Well, they decided to follow your advice Wael. After the death of nine of their soldiers the minister of justice called for an intensified use of fire power in order to avoid combat with armed militias.

I kept my short position because I didn't think that the stock market correction could continue much longer. Also, the oil market wasn't buying the slow growth story. Having deep-in-the money options, I can afford patience.

Yea, this is a typical case where outsourcing to other countries might not be such a good idea.

LOL!

Refresh my memory? Ok, so what unprovoked attack were you referring to. Because, I don't why but for some reason I thought you had "selected" a more recent event.

Unprovoked terror or military attack? The sequence of events as I remember it <b>starts with the Gaza Beach Massacre</b> by the IDF somewhere around June 22nd followed by a call for revenge by Hamas militants who attacked an IDF outpost shortly after. After Hamas declared that the IDF's attack...

It's printed in the media ALL the time. The author of those comments also <i>condemned the killing and wounding of civilians by both sides, and called Israel's offensive "disproportionate" and "a violation of international humanitarian law."</i>

Smartest (and coolest) guy award to hcour!

Falling shares and news of policy accomodation have been responsible for higher bond prices this week. Right now, everything is revolving around the continuation of the stock market decline. This is what I had to say on my blog today about the stock market: <font color="F95C06"...

I've had my eyes on that for the past several weeks :-) -- a significant bias in favor of lower bond prices.

Thank you very much for asking. My posts would be incomplete without an answer to your question. I haven't change my criteria since I wrote six days ago (http://www.elitetrader.com/vb/showthread.php?s=&postid=1130010#post1130010) that the signals indicating that I am wrong would be a...