Recent content by xcalaktrader

SKF was behaving normally on Friday after it was resumed. They should suspend it again since it's this far off. Completely ridiculous. Hardly any options trading on SKF either.

As of 9:41 SKF -1.4% UYG -2.9% XLF -3.8% SKF and UYG are supposed to trade inversely on a percentage basis. Any ideas what's going on?

The goldbugs have complained for ages about the egregious naked shorting and FTDs affecting the gold stocks. In light of this rally coinciding with the SEC announcement that they will enforce delivery by settlement date, it appears the goldbugs were correct, and if so the GDX could fly!

Labor Day weekend is more likely for FNM and FRE than this coming weekend.

Looks like there are a couple good reasons for oil to go back up: Tensions surrounding Iran increase once again: Iran given two-week deadline to end the nuclear impasse http://www.guardian.co.uk/world/2008/jul/20/iran.nuclear There's a tropical storm brewing: Predicted to...

I think it will be transparent to us at the retail level. Brokers now have to have previously borrowed the shares prior to sale, while previously they didn't have to borrow them until settlement. Since firms were intentionally failing to deliver, it amounted to selling counterfeit shares...