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  1. L

    I just shorted the ES at 896

    Please post a screen-shot of your positions.
  2. L

    Are you going "all in" on the FAZ?

    What kind of a "risk/reward" are you setting up for yourself when you buy the FAZ at an average of $54.29, looking for a 10% gain to $60 and not using any stops? Answer: $35.40 That's a great risk/reward you got there.
  3. L

    I just shorted the ES at 896

    You aren't factoring in the FACT that we have a Triple Witching expiration at the end of the week and that most of the unwinding occurs on the Wednesday before expiration. This move could accelerate tomorrow.
  4. L

    I just shorted the ES at 896

    You mean like the way you bought (averaged into) the FAZ last week at 56.50 without any stop-losses and looking for $60? http://www.elitetrader.com/vb/showthread.php?s=&postid=2215497#post2215497 Now trading 36.00 That's a loss of 35% in just four trading days. Please provide a...
  5. L

    Ewj: elliott wave

    Bradley Cycle "low" last Friday morning?
  6. L

    Dow to end the day (12/16) up several hundred

    Wrong again. You really have no idea what your doing.
  7. L

    this woman does it for me...

    Same here. Jennifer Nettles has a GREAT voice, but her looks are pretty pedestrian. http://www.jennifernettles.com/
  8. L

    Philip J. Berg, Petitioner v. Barack Obama

    Yep. http://www.californiaprogressreport.com/2008/12/electoral_colle_3.html But don't tell our resident conspiracy theorist "hater" Mag-Light. He enjoys having his head stuck in the sand. :D
  9. L

    Don't fight the bull, market going higher

    Sounds far too simplistic given the kind of market volatility that we have seen as of late. For example, we had a double-bottom last week around the 815/818 area and in TWO DAYS rallied 100 SPX points! If you get caught "short" in the middle of that Friday/Monday rally you get crushed . ...
  10. L

    I will stop being a trader, to become a value investor

    I disagree. I true VALUE investor does wind-up buying and holding ( with perhaps some options hedges on ) and usually goes through an incredible amount of pain as the "mo-mo" fund guys will push growth stocks way beyond any rationale means just as the VALUE names get liquidated on the other...
  11. L

    Where is Elaine Choa?, over 240,000 jobs lost!

    Ever hear of the "Commodity Futures Modernization Act of 2000"? You might want to do some research. It is the birthplace of credit default swaps with no SEC regulation, power contracts traded electronically by Enron without CFTC oversight, let alone West Texas Intermediate crude oil...
  12. L

    Cox should be hanged for X the uptick rule

    Wow . . . Do you ever stop putting your foot in your mouth? It seems to be a pretty common practice with you. The FACT is that I haven't been a part of any prop firm in quite some time. In fact, my Series 7 and Series 3 expired eons ago . . . but that's really none of your business.
  13. L

    Madoff Losses are too big to fail

    SIPC insurance only covers funds held at broker/dealers, which would be securities and cash held at Madoff Securities, LLC., ( up to $500k/$100k cash ) but NOT Madoff's investment advisory service. Guess where the $17 billion was at???
  14. L

    SIPC Liquidating Madoff Investment Securities

    You guys on this thread have NO CLUE what you are talking about. First off, the SIPC only insures investor money from "fraud or theft" with a broker/dealer . . . which in this case is Madoff Investment Securities, LLC., - - - in contrast to Madoff's investment advisory service which is where...
  15. L

    AAPL downgraded at Goldman Sachs

    The next two quarters for this economy, especially in the basic material and commodity area are going to be BRUTAL. OPEC meeting coming up in Algeria, but the Saudis have a tendency to get rid of "cheaters" and their market share by pumping as much as possible in order to teach everyone a...
  16. L

    GS Earnings

    I'd estimate GS earnings at -$3.70 per share for the fiscal Q4. First loss in 80 years. It will be interesting to find out how much their balance sheet shrank. Estimates are between 20-30%.
  17. L

    Will Paul Tudor Jones be the next Madoff?

    You don't know what you are talking about. He suspended withdrawals from his flagship Tudor BVI Fund ( -5% on the year as of November ) so that he could split the toxic assets out of his $10 billion flagship hedge fund from everything else. He needs to do this because investors were...
  18. L

    Suspicious Rally Tomorrow

    Coming from you, that's pretty funny! Especially given your total lack of credibility when you got BUSTED for posting a phony photo-shopped screen shot of an imaginary 100 lot S&P position last April. Shall I help refresh your memory, and lack of credibility...
  19. L

    Philip J. Berg, Petitioner v. Barack Obama

    It's December 15th. The California Electoral College is about to meet at 2PM PST in the assemply chambers of the state capital in Sacramento for certification of the electoral votes. Where are all of your posts about Obama not being a naturalized U.S. citizen and eligible for Presidency? I...
  20. L

    Largest Military Recall Since 1941?

    You mean FOX NEWS is not the mainstream media? :D
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