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I remember how so many played this looking for a massive short squeeze. There used to be a guy on ET who kept track of massively short stocks that were being driven to the ground by naked shorts. This was one of them. Gotta ride the wave with those guys. These stocks seldom ever...

This reminds me very much of ABK and MBI earlier in the year. There are probably gonna be bullsh*t rumors that will drive these up from time to time, but those opportunities should prove themselves to be ripe times to short just like those bs ABK and MBI rallies. Now look at them in the low...

Amazing how that 1324-26 level didn't hold. Thought it would bounce strongly off there... Got aggressively long there and fortunately got out for a tiny profit before the big drop. You'd have to think the Dow has to touch it's March lows next week.

Nice find with ICO- already over $12 and a nice rising 20 ema. Will keep on my radar- may be ideal to buy on pullbacks to 20 ema.

Sick.

Agreed, this has nowhere to go but down.

Today was apparently the biggest one day upside move on Crude ever.... I find it incredible that the market has been able to rally so strongly in spite of this. Tomorrow should be wild.

This has happened to me numerous times as well.. Tough to leave your computer for an extended period when you have an open position on Crude. The volatility is incredible!

Thanks for the asus eeepc idea. I'm leaning towards that option.

Did you read the post, or did you make an ass out of yourself and assume? Where does it say in my post that I bought the puts???

These may be avail. for trading on IB now. I just put a limit order in for the July 119.5 puts and it allowed the order to go through. A few weeks ago that was not possible. Will test again tomorrow during live trading.

I recently bought a NOKIA Tablet Pocket PC so that I could trade when I'm away from home. However, I'm disappointed with it. I'm thinking the best thing for me to do is to just buy a Laptop. Any recommendations from those of you who trade on the go? Thank you in advance

Short NQ 2008.25 and bought june 45 qqqq puts @ .29. Haven't traded NQs in a while, but looks like 2011-2015 has lots of resistance...

Any futures prop firms in the NYC area?

This is ridiculous. I'm short 2 CL contracts overnight and can't even put a damn stop in.. I gotta call Hong Kong just to put the order thru. These MOFOs suck.

According to IB, my initial intraday initial margin for CL is 7763 and 4388 for QM. Can't find what it is for BZ. That seems quite high. Who do you use for futures trading?

Awesome call volente.... That 200 DMA has been massive resistance. Smacked the SPY three times already. http://stockcharts.com/h-sc/ui?s=SPY&p=D&b=5&g=0&id=p72928807508&a=136988491&listNum=-1

Just found them, QM and BZ Each contract on CL is worth $1000 a pt- how much is each contract on QM worth?

I've been trading CL recently, what are symbols for mini crude and Brent? Thank you in advance.