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  1. Scataphagos

    Looks like "money pump" trumps possible world-wide pandemic

    Ebola, too? You presume much, Grasshopper.
  2. Scataphagos

    Looks like "money pump" trumps possible world-wide pandemic

    Note that I said "possible". You could be right, but too soon to tell (a pandemic isn't going to be recognized in its early infection stage)... but China's got 3 other virus thingys working right now, too.
  3. Scataphagos

    Maintaining optimal mental state

    Well... there is genuine confidence.. and there is Dutch courage. When you understand what you should be doing and why, you won't need anybody's input to your trading or your psyche. For example... you see a "breakout". Do you know "why" you should pay up and chase it?
  4. Scataphagos

    Looks like "money pump" trumps possible world-wide pandemic

    "They" are saying China's economy is basically shut down right now (?)... and the Chinese markets were tanking on that notion. Then came the money pump... China with $175B on Monday, then another $60B on Tuesday + $94B from Powell. That's a $430 Billion juicing in 2-days... and the markets...
  5. Scataphagos

    Maintaining optimal mental state

    Perhaps should use "confidence" rather than believe. That is, you have confidence that you'll be successful because you "know" your plays have a high probability of being correct ("high" being relative, of course). IOW... you know you are supposed to win and you understand "why". So... how do...
  6. Scataphagos

    Maintaining optimal mental state

    You won't "believe" in your trading until you understand and can explain "why" your plays have >50-50 probability of working.
  7. Scataphagos

    Rush Limbaugh announces he has 'advanced lung cancer'

    Strikes me as a ridiculous, partisan view.
  8. Scataphagos

    Maintaining optimal mental state

    Has to do with "knowing" that your trade is "probably correct". You know this when you can explain "why" it's probably correct within your method. Of course we're not allowed to "know for sure" on any play, but we can know what is more likely and trade that.
  9. Scataphagos

    TSLA $7000

    Bidding 100 Quatloos!
  10. Scataphagos

    TSLA $7000

    Time for some LEAPs?
  11. Scataphagos

    Can anyone compete with IBs margin rates?

    All the other brokers can compete with IB... they just choose not to.
  12. Scataphagos

    China Central Bank to Supply $174 Billion for Virus-Hit Markets

    Crazy. Markets drop 2-3% off of all-time highs, and people are already looking for the next rate cut. Sunday night opening might be amusing.... the effect of the virus spreading vs. the Chinese money-pump insertion. (And of course Powell has already stated that if the virus causes a...
  13. Scataphagos

    Yep just as I expected more rate cut talks. Quite pathetic.

    Could be right also. Guess it will depend upon how wide-spread the virus becomes and its ultimate consequences.
  14. Scataphagos

    Yep just as I expected more rate cut talks. Quite pathetic.

    I saw the story too. Still I can't imagine the financial benefit to the bank for having neg mortgage loan on its books. (Maybe it has something to do with having more mortgage loans... even at neg rate... vs. some other metric. You know like that old story, "we lose money on every deal, but...
  15. Scataphagos

    Beyond Meat

    I bought a Whopper at the same time for taste comparo. No, it did not taste like the Whopper. Maybe people think it tastes much like a Whopper because they're mostly tasting everything else that's on it.... bun, mayo, pickle ? I took a bite of the non-meat, meat alone. Wasn't the worst...
  16. Scataphagos

    Yep just as I expected more rate cut talks. Quite pathetic.

    LOL! I know you said that "tongue-in-cheek", but that has actually happened in Norway(?)... though I can't imagine the value of having a negative interest mortgage loan on your books... (??) Maybe you charge big fees for such a loan and that compensates for the neg rate?
  17. Scataphagos

    Yep just as I expected more rate cut talks. Quite pathetic.

    Joe Granville used to talk about the "3 legs up in a bull market.... #1 = disbelief, #2 = belief (everybody understands "why"), #3 = overbelief". IMV, we've been in #3 for quite some time... "overbelief in the Fed's money printing to solve all ills". Could be this virus thingy ultimately...
  18. Scataphagos

    Are brokerages supposed to compensate for system outages?

    Maybe you're lucky you got that. I filed an arbitration against Fidelity years ago where they hosed me out of $5,000. The arbitrator awarded me $1,000 with the comment, "yeah, well... you still made money" (wasn't a market loss, but rather a fee erroneously charged which Fidelity kept $4,000...
  19. Scataphagos

    Are brokerages supposed to compensate for system outages?

    Doubt it. I recall acknowledging with signature something like, "..broker has zero responsibility for anything that happens over the net". IOW, all of the responsibility is born by the customer... and if that's not satisfactory, place your trades over the phone with a rep. I don't know what...
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