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darkhorse, you seem to trade completely differently from me and most people who stock pick. You use technicals plus stops. I can't follow Einhorn purely without understading the thesis completely and agreeing with it because I will have no staying power. Volatility would shake me out, also he...

"zerohedge ‏ @zerohedge Biggest move in IG9 10 in 6 months. Someone is not having a good day"

A key info about this whole case is that Dimon has 4 day's from the discovery of the material event to disclose to investors(SEC rule). Which means he only discovered it recently and is only now closing up the casino

Anyone have more details on the JPM specific trades that blew up?It seems that they were doing basis trades on corporates(buying cash bonds and selling cds). What I want to know is how are in the liquidation process are they in, because once they are close to out those prices should snap back...

In other words, in macro, I just have to be good at one thing, understanding how the macro variables affect asset prices. In stock picking you have to know a lot about many different businesses and sectors. Knowledge accumulated about some stocks might be unused for a long-time(One is not...

I personally find the macro easier than stock picking. Lots of 'edges' I found in macro are simply basic human nature flaws that I recognize(Lately has been the tendency to be too optimistic in the face of severe imbalances) whereas in lots of stocks you have to do deeper work in terms of...

Brazil seem to be trying to pull a China late 2008 style policy revival to keep the economy going -Changed the head of the central bank and put lots of pressure for them to ease. They complied, cut rates in surprising ways even though inflation is still an issue(All time low for the Real real...

Seems that this procedure is almost the same as using futures. It gives you upside of the commodity and cash to use for other purposes. Difference is that with futures you pay libor for financing(likely cheaper) and don't have to deal with inventory costs I'm yet to understand what is a...

Thats what I'm trying to figure out. Whether the threats they will kick Greece out of EZ are true or if its a bluff It will create a lot of panic to kick them out(And they know it) yet thats what they are saying they will do, bailout agreements or you are out of EZ

Greece has a primary surplus. Full default means they will have a fiscal surplus as well(not having to make interest payments), they won't need the bond market anymore. They can stop all the austerity

http://paulmasonnews.tumblr.com/post/22662269568/greekonomics-blog-preview-8-may-2012 This article raises interesting points. Unless the ECB/EU come to the table offering something(Public Sector Involvement through haircuts) they simply don't have any way to mitigate the situation in Greece...

I agree with this method. I see a big difference between stock picking and HAVING to stock pick. Stock picking is already hard enough, odds are totally against you. I let the picks come to me(shooting fish in a barrel) and stay with the index if I'm don't have obvious picks that I have strong...

I closed my HKD position. Had a small profit there. Still short HK stocks(Plan is to cover at the next VIX spike)

EUR getting destroyed on rumors of no bailout money for Greece tomorrow. USD getting flows

I'm trying to figure out whether a full Greek default and EUR stay is possible. Lots of people are saying no but at the last minute the EU might come to the conclusion that kicking Greece out might be even more expensive

I don't think there is anything in the law that prevents IB LLC from sending equity capital to Timber Hill, thus increasing IB LLC leverage and financial risk

def, are you claiming Timber Hill does not take proprietary risk?

You are talking about OTM calls on the DXY?

Long USD might be the best trade of 2012. Would like to hear other people thoughts on this

I'm using limit orders to exit a stock. So far I have found that NSX provides a bit of savings over BATS