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  1. Scataphagos

    Some senator including this one dumps stocks during closed corona session briefing

    Sure. No worries. (But if you did what the Senators did, you could end up in prison like Martha Stewart.) Congress passed a law which allows them to trade on inside info... illegal for us folks, of course. (Kind of like the laws which they pass for themselves on health care and retirement...
  2. Scataphagos

    Anyone want to talk about inflation?

    The Fed and our government have always had the view, "inflation easier to cope with than deflation". (Inflation is the "cover" for government deficit spending... so genuine deflation to be avoided at all costs.)
  3. Scataphagos

    Anyone want to talk about inflation?

    Yes, yes, and yes.
  4. Scataphagos

    Fed Signals "Unlimited QE"... market basically going "meh"

    Fed money printing has a beneficial effect.. at least short term. But the market understands, "all the money printing in the world won't make the virus go away... and until that happens, the economy will be severely hamstrung".
  5. Scataphagos

    Fed Signals "Unlimited QE"... market basically going "meh"

    Fed money printing has a beneficial effect and is necessary at this time. But the market understands, "all the money printing in the world won't make the virus go away... and until that happens, the economy will be severely hamstrung".
  6. Scataphagos

    Some thoughts on No Lead Gasoline please

    "Their" moves? Gasoline price is going to lag the price of crude... takes a while for oil price to work through the gasoline refining/distribution system. Gasoline has a short "shelf life", so there is generally no significant "storage" aspect to its price.
  7. Scataphagos

    Some thoughts on No Lead Gasoline please

    Gasoline price is a function of crude oil price. Simple as that.
  8. Scataphagos

    Fed gives wallstreet what it wants again! Limitless trillions!

    Walmart is a combo grocery, department store-ish, and pharmacy. Generally low prices.
  9. Scataphagos

    Fed gives wallstreet what it wants again! Limitless trillions!

    In the span of about 10 days, they up the stimulus from $830B, to 840, 850, 1.3T, 2T, 4T, and now "unlimited". Getting a headache trying to wrap my brain around all that... For those who think "Yea!... the market's going to soar on unlimited money printing"... should recall Weimar Germany. Or...
  10. Scataphagos

    Kashkari Says Fed Has "Infinite" Amount Of Cash: "We Create It Electronically"

    "There's no end to our ability to [flood the system with money" Yeah, well Weimar Germany had that too. Along with every other regime that "inflated it's money into worthlessness". https://www.zerohedge.com/markets/kashkari-says-fed-has-infinite-amount-cash-we-create-it-electronically Just...
  11. Scataphagos

    Nigeria just issued a travel ban

    Oops. You're too late!
  12. Scataphagos

    Nigeria just issued a travel ban

    Whaddaya mean? I LOVE Nigeria. One of their Princes said he was gonna get me a lot of money if I just help him out a little bit! :)
  13. Scataphagos

    open outcry vs electronic trading

    Last time I checked... while the pit-traded SP500 contract is 5x the size of the ES, the daily dollar volume traded on the ES is >10x the dollar volume in the pit. Not sure why the pit contract is still around (if it even is... has been a while since I checked).
  14. Scataphagos

    Financial Instrument is not available for trading

    Long or short... futures market is logistically more accommodating.
  15. Scataphagos

    Financial Instrument is not available for trading

    Nothing special about general market ETFs. Suggest taking your biz to the futures market so long as your account is large enough for a 1-lot.
  16. Scataphagos

    How low will stocks go? Apple ?

    Well, those folks have high profile... are well known... have decades of market experience... and have $Billions under management. Some of that crowd are right and some wrong at any time, but should they all be dismissed just because their A-hole stinks like yours and mine?
  17. Scataphagos

    How low will stocks go? Apple ?

    That what you think... my view (which is not an opinion in the least sense) is "asshole"?
  18. Scataphagos

    Coronavirus... A BIG Positive!

    My old lady's workplace is shut down for the next 30 days at least. So... she's home and itching for things to do. Cooking, cleaning house, doing the dishes, shoveling snow, running the snow blower. Who knew it would take a lethal pandemic to give me the wife I was always supposed to have...
  19. Scataphagos

    How low will stocks go? Apple ?

    Don't know about Apple... but "stocks"? The 2000 bear market in Nas lost -70%. (One particular leveraged Nas mutual fund lost -97.5%... and wrecked some lives along the way.) The 1929-1932 bear market lost -90%. Many high profile market muckety-mucks have proclaimed, "this one will be worse...
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