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    Global Macro Trading Journal

    There is definitely a potential here to play a technical bounce here given that the pessimism is so strong and the sell-off so steep
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    Global Macro Trading Journal

    I'm curious what people think of Gold here. I cut back my position in gold since it didn't pop that much after QE3 but I still have quite a bit (its part of my all-whether long-term portfolio). I'm considering buying more but it could be too soon as this momentum market tends to take trends for...
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    Global Macro Trading Journal

    Never got around to buying equity vol liked I say I wanted to, but I'm considering increasing my shorts (EWI EWP perhaps even SPY) when this momentum game ends its going to be ugly Problem is, everytime stocks are down 2-5% it looks like the game is up but they turn around and go to highs...
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    Global Macro Trading Journal

    People are looking for reasons to sell stocks because there are a lot of momentum players (weak hands). Boston is irrelevant
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    Powerline

    They don't have an inbuilt fuse?
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    The Shorting of Frauds, Overhyped and Bankrupt Stocks Journal

    I put a long-term short on ISRG a few weeks back as well
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    The Shorting of Frauds, Overhyped and Bankrupt Stocks Journal

    what do you mean by traling orders to open?
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    Powerline

    Does anyone use this technology? Seems pretty cool but I wonder if its reliable or if it works in every home
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    The Shorting of Frauds, Overhyped and Bankrupt Stocks Journal

    Lesson from Bitcoin mania. If you miss shorting the top, short the first bounce. Bitcoin is almost untradable from the short side given that I think the wallet sites might not pay the shorts but its a good lesson to learn for future manias
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    Upgrade path

    What sucks about XP is the hardware support. A lot of the times you plug it in on the USB and it won't install. If you don't own the CD you got to spend time looking around the net for the driver and software. With W7 the vast majority of the hardware is true plug and play
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    Global Macro Trading Journal

    I'm going defensive here. Yesterday I sold all my BRKB (I had been scalling out as it went higher but now I'm all out). The only significant long I own is AAPL. I got some EWI and EWP shorts (Italy and Spain ETFs) but they are not big and are mostly hedges against my long positions
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    Bitcoin thread anyone?

    its the free market currency!
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    Bitcoin thread anyone?

    its not worth it unless you have special hardware. for most PCs you will make a few bucks a month. it won't even cover the electricity costs
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    Global Macro Trading Journal

    A counter-argument that I can find is that the economy is weak but if it weakens more then QE won't be cut back and might be extended so the fact that it is weakening a bit its actually a "good" sign But I don't know, back when interest rates were the main tool I don't think rate cuts...
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    Global Macro Trading Journal

    Just think for a second how crazy this all sounds: earnings growth sucks, the economy sucks, the overall mood is that equities are the place to be and the Fed is talking about cutting back QE but somehow US equities are supposed to be immune to all of this because there is easy money in Japan
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    Global Macro Trading Journal

    I think this is just the 'story' people are using to justify buying the momentum. From a fundamental perspective Japan doing better should have very little impact on both flows to US equities or US corporate earnings
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    Global Macro Trading Journal

    Its funny that the main reasons why the stock market was up over the last few years are dissapearing yet stocks keep marching It used to be about earnings on the back of cost cutting (productivity growth), earnings growth is now expected to be weak (low single digits) The economy is also...
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    Bitcoin thread anyone?

    the fundamentals don't matter, its all about the momentum. all the guys praising the features of bitcoin are now desperate to sell
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    The Shorting of Frauds, Overhyped and Bankrupt Stocks Journal

    Damn Bitcoin, was an easy short when it reached 175. 112 now, probably goes lower when the lemmings realize what is going on
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    Bitcoin thread anyone?

    I want to see what the DOJ says about it. They shutdown e-gold due the criminal nature of the transactions behind it. Not saying this will end bitcoin in any way, in fact, if they tank it enough it will probably be a good buy
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