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Maybe I'm not getting it, but it seems the algorithm would have to be pretty complex. Care to elaborate?

Indeed. Good point. And they don't have legal problems and they don't soften the blow on the way out. In fact, the whole industry is in part already using this idea to some extent in one manner or another.

Chuck Lebeau used a similar logic in teaching his new futures traders in the 80's. He had them give him - in his own personal account - the worst trades they could think of (ie, If they were sure corn futures were going to die, he got long corn, etc). And by properly handling the exits, he...

Nice one. Good enough for me: Castanza Capital Management.

It would be an incredible study in trading philosophy, and the best teaching tool I can think of. Here's what you decided. Here's how you handled this pattern or that market or this trade or other...and now, just invert that thinking. Take on more size when you're up and it's going seemingly...

You're probably right, in that it would force you to "trade" the traders (bench one when he's doing too well, activate him when he's not, etc) which is probable harder than trading. Perhaps there's a solution. And maybe we can flesh it out here. But the more important point to me is in the...

You start a hedge fund. You hire 100 novice traders. You match their capital 3:1. You set up a trading floor with individual trading stations. BUT - and here's the kicker - you have a trading interface with the buttons switched. Everytime they think they are buying, they're actually selling...

I don't think so. The gap, maybe. But these were strong intraday downtrends. And, in the case of HYG, something like 3x avg volume after you filter out the 1.5 mln block after the close. I noticed an 8k about changing the inclusion requirements by ishares...but the kicker is, JNK, which is a...

Okay...does anyone else have any thoughts on why it is that bond etfs sold off sharply on a day when corportate debt seems to have held up? Preferably ideas of a more...how shall I say...relevant nature? As an aside - and just for the sheer fun of a futile exercise-- money (non government...

Thanks. btw, it tracks the short-term futures index. VXX is named the "iPath S&P 500 VIX Short-Term Futures Index ETN" ...and the "the S&P 500 VIX Short-Term Futures™ Index TR offers exposure to a daily rolling long position in the first and second month VIX futures contracts". So...

Oh good. Can you elaborate. I'm hoping this means you have the VX cboe data in front of you and can see that the spot ran way ahead of the futures today. But i'm not sure from your response. Thanks

First, the corporate bond fund etfs, HYG (Junk) and LQD (inv grade), were down huge. But our fixed income analyst went through the bloomberg for an hour and found no signs of weakness in those markets. Basically, corporate debt traded higher in most instances. I have no idea even where to begin...

To get back to the OP: Peter Schiff's entire argument comes down to one unassailable premise he holds (direct quote): "At some point very soon, China and Japan will decide it is in their interest to 'pull the plug' on the US." That's it. If true, he would be right with gold's price in...

For all of these reasons and more, I think the surprising, but compelling conclusion is that you don't have to worry about it one way or the other. In other words, the same forces that argue for dollar devaluation argue equally strongly for dollar intervention by foreign central banks. If...

Right...move down came basically around PMI at 945 et...But, my feeling was that there was an increase in volatility. It doesn't show up in the daily range, but the dow moved over 500 pts in four swings, which is a shift in behavior given what we've been seeing.

I'm not really expecting the same outcome. But I guess I'm working from the stance that the July-Sept rally (given the low volume) was more about a lack of sellers than it was about bigtime buying. And I think it's likely there won't be a vaccuum on the offer the next time we pop. My sense is...

Wouldn't it be great to see the market acting this way without the "call the top" narrative being so popular? I hate that feeling. I just don't get the sense that capital is over-committed on the longside. I don't know if I've ever seen such a "wall-of-worry" as the one this market has...

This is great stuff. Thanks. I swear that, in video 2 of 6, at the 7:20 mark, the guy is up early in the morning making a multi-million dollar bet against d-mark and it appears he is drinking budweiser.

I just actually did the YouTube search, and I think it must be seen as an awfully telling sentiment data point. If you search for "US Dollar" on YouTube, you get the following set of results(unedited): -US Dollar bills (5, 20,50100) contains hidden pictures! -The US Dollar collapse starts...

It depends. That's an awfully vague question... What do you mean?