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Yeah I think you are right. ASHR is the ETF that tracks A-shares.

Well this is from the lows. I think the Class A shares in China were down 20% at one point and like our markets, bounced off the lows but still down. Also, YINN is leveraged 3 times.

Yeah both are watching China very closely. YINN is up 50% from yesterdays low!

Pretty quiet in here today...

Yeah yield curve holding up well. Much safer then being long overall market right now.

My flys saved me. Days like today are the best argument for using options.

Not bad. We got a 53 print.

Some of those low of the day marks were very impressive in the high beta tech names. Very impressive. The margin clerks were busy this morning.

One thing is certain, anyone who had unhedged leverage is gone after this 3 day move.

Look at that YINN chart. Good Lord.

I think every product in the world is going to test the yearly A downs.

50 VIX tomorrow?

Looks like we are going to test the yearly A down around 1900 in ES.

3 handle in WTI...

King, I've been beating this to a drum on here so why stop now right? LOL. The bubble right now is in the emerging market currencies. I keep saying over and over, watch your FX markets. Let me shine some color here. In 2008 during the credit crisis, the carry trade was somewhere between 2...

It's 100% BS.

This is an outstanding article by Brett Steenbarger that highlights everything I talk about here regarding to trading: "Why Trading Financial Markets Is So Difficult" Yesterday was one of my better days of the year trading ES, and a large part of the success consisted of *not* following my...

After dropping 60 handles during the day, I would not even notice a 4 handle after hour move. :)

1 x 2 x 1 Can be ITM or OTM.

No,there is no net credit. What I mean by paying you is that the market is discounting price through higher volatility (vols rise...fly prices fall). The payoffs on these are very attractive and produce a far better p&l profile then simply long the underlying. In fact the only time flys are...