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  1. efficiency

    So B & G are short the dollar...so what?

    1. I would expect a moderator, with 9900 posts, to be able to spell names IF he's going to be a name dropper. That is, unless he's really referring to an all-you-can-eat diner in a northen suburb of Detroit. 2. BRK class A peaked in 1998 at $84,000. Presently it's $92,900. After 8 years...
  2. efficiency

    CNBC's Fast Money - pulling a FAST ONE

    "massively" short? First clue is lack of concern over position size. A/k/a greed. GM is one of the best performing Dow stocks. Time to short it was last year. Shorting an ETF is ....................fill in the blank. Unless the bulk of components its comprised of are tanking, potential...
  3. efficiency

    CNBC noise

    LOL..................That's coming from a guy (hey I'm being polite) with TWENTY TWO HUNDRED posts??????????????????
  4. efficiency

    Is QQQQ Shortable?

    Not only is it shortable, but it requires NO uptick. Present 20 day ATR for stops and position sizing is 68 cents, up from 65 cents June 20th. You can only write covered calls (or buy bear funds) in an IRA.
  5. efficiency

    Breakouts vs. Breakout Failures?

    Low volatility, buy breakouts. 70% or less of the 20 day average true range as candidates. Graphically, the sooner before the apex of a drawn triangle, the more reliable. High volatilty buy support.
  6. efficiency

    Warren BuffetT

    Actually "they" are referring to an all-you-can-eat diner in a suburb of Detroit.
  7. efficiency

    Fed Announces Rates!! Massive market Surge!! I Am Right

    The focal point should be extracting profit. Being right (or wrong) is merely a by-product. Just about everything was gapped this morning, long before the Fed announcement (gee quarter point, what a surprise). That was by design to induce demand. Sucker rally. Yep, shorting into...
  8. efficiency

    Ebay - Your take?

    Dead money? For the moment. At last nights close, it was in a seven day narrow range rectangle. Today's 40 cents or so will make it eight. Given the sharp descent (and thus lack of a base), probabilites would suggest resolution of the rectangle to the downside. Furthermore, $30 is a nice...
  9. efficiency

    Jesse Livermore

    Folklore is not just Paul Bunyon, Daniel Boone and Davey Crockett. There is a distinction between skill/money management and 10% margin, no upticks, outside capital, acts of God, press releases, and insider information. For clarification, here's a sketchy chronology: By 1900, aged 23, he...
  10. efficiency

    Jesse Livermore's trading

    Folklore is not just Paul Bunyon, Daniel Boone and Davey Crockett. There is a distinction between skill/money management and 10% margin, no upticks, outside capital, acts of God, press releases, and insider information. For clarification, here's a sketchy chronology: By 1900, aged 23, he...
  11. efficiency

    Anyone read Neiderhoffer . .

    Gee Johnny, did I strike a nerve? You hang in there. With a little tenacity, someday you too can be a 4000 post veteran of, how you put it (?), rambling bullshit. Perhaps if you spent less time inferring and more time making a concerted effort toward containment at one-liners, you could...
  12. efficiency

    Anyone read Neiderhoffer . .

    With (250) posts in 6 months, I guess you'd know rambling shit when you came upon it. Ditto for whiskey As for one-liners, Johnny, Victor had a few. No, not rocket science, but nevertheless concepts apparently often not mastered. Prey is invisible until it moves. Iron ass, the...
  13. efficiency

    just went long IBM.. anyone hate that trade?

    Better be a day trade or a brief swing trade. It broke down from a well defined mult-week triangle and $80 is a nice round number. Only redeeming qualtity is a fair amount of insider ownership relative to its large float.
  14. efficiency

    Deathly silent on ET recently

    My sentiments exactly. 4000 post trolls, stuffed shirts, perma bulls, pop psychology, flavor of the week, and a host other other dubious characters. Watch this get a smart ass reply, thus demonstrating greater predictability than price.
  15. efficiency

    Louis Rukeyser passes

    Nobody likes to say anyone die. Nor "kick" a man when he can't defend himself............ But the sainthood characterizations aren't completely accurate. Pompous is one adjective. I can think of some others. The name Wall Street Week after at least a decade and a half was changed to...
  16. efficiency

    What are the sugar stocks?

    Interesting. "Flavor of the week" Sugar is a highly fragmented industry. HIGHLY. Different sources (beet, cane, fructose) Lots of mom and pop operations. One coopertative in Minnesota dwarfs IPSU. IPSU has had it's run. ROE is paltry. Only positive is insiders own 16% of the...
  17. efficiency

    Suckers Rally

    I didn't say I didn't have long positions. Actutally about a dozen. Each with adegquate insider ownerhip, and.............NONE of them are in la la land. That's where my shorts are.
  18. efficiency

    Suckers Rally

    Oh, for about 3 weeks maybe. A top isn't a moment. It's a process.
  19. efficiency

    Suckers Rally

  20. efficiency

    NYSE trading Dead?? Hybrid??? End of alot of traders

    You didn't read it right. Read it again. I was stating consistent with MY being a fool. The word "fool" was brought up by you know who. Besides, we can all be fools at times. I've got nothing against the NASDAQ, just find the mechanics of price movement easier to discern on the "big...
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