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Not based on this trade I hope! I have been looking for a perfect fade ever since BullzNBearz left the board. I just sold the 550-700 strangle for $2.48. We'll see.

You clearly do not understand the Neiderhoffer Hedge (tm). You are obviously not on the Spec List. Here is the strategy: Sell OTM Index Puts. Hedge with LONG futures. Premises: Market always goes up Market overcompensates those willing to hold short gamma and especially short speed...

Not even a 12% move, more like a 10% move. Pabst, you are spot on. Essentially, this is how most hedge fund managers operate. The compensation scheme makes it almost mandatory. Most managers don't risk it all on one roll though. No, brilliant post, moronic reply. The CME raises/lowers...

Roy's trading style is nothing like his brother's, and his performance has been more or less flat for years. Trout started off working for Villar Kelly, and his trading, especially his early trading, shows much more of Kelly's influence than Vic's. Trout's senior thesis, which fairly...

Classic!

Were you home schooled? I don't believe you are part of the Spec List. There are fools, criminals, and con men on it, but no complete illiterates.

Can you provide a link to this post? I certainly don't remember it. All I remember is typical surf sycophancy.

What are the fifth and sixth moments of a distribution? And how do I calculate them? I never got beyond the fourth moment. I should never have canceled that advanced options seminar with Nitro!

It teaches Elite Traders to listen when Pabst speaks, and to give little credence to the blatherings of ET lighweights like MarketSurfer.

Thanks Pabst! You took a lot of heat on this but were vindicated in the end. Your information was right on the money. Have any of Vic's brown-nosed half-wit defenders PM'ed you to apologize? ...No? I didn't think so. They are all noticeably silent here.

Out just now at 1.4125. +40 pips. That's two wins and zero losses for the BnB fade strat. I'd have held longer but don't want to be in the market ahead of the ECB rate announcement at 7:45.

I think you might be right. I just checked BnB's latest YouTube and he is calling the EURUSD short. Given his track record, that equals a sure thing long. I just bought 100k EURUSD at 1.4085. We'll see if Jay Spirit's losing streak holds up.

Out at 1.17375 Limit. +100 pips Thank you BnB. Thank you too Matt.

I was referring to his long slide into madness and absurdity between 1980 and 1990, not his death from heart failure in 2001. Mentzer's death had less to do with his breakdown and more to do with 30+ years of massive steroid (and other drug) overuse. Mentzer did remain delusional until the...

I am serious about appearing on the show. We can film at my office. He can take the train in from New Haven and the subway from Penn Station. We still have a green-wall. A segment in front of the green-wall, a segment downstairs in front of the bronze bull, and then we walk over to the Pussycat...

Especially for Vic. Anyone reading even a few pages of "Education of a Speculator" will realize that the author is a seriously disturbed individual. Fodder for a David Reisman or a Christopher Lasch, if we had such social commentators in this day. This is the end for Vic. Expect him to follow...

Writing style is difficult to disguise. Confusing to and too and your and you're is a pretty good tell. You claim you are on Vic's SpecList yet I can't find any speclist posters who make the same mistakes. I'm calling you on this claim. What name do you post under on Daily Speculations?

Good detective work, but how do you know that was Vic. He wasn't the only one unwinding on the 8th. Over the 7th, 8th, and 9th, the typical stat arb fund experienced about a 15 sigma hit. The short OTM index puts strat was used by some of these funds as a putatively low risk yield enhancer. How...

I took the trade Fri afternoon around 4:50 EST. Just posted it today. Sorry for the confusion. Fine. Just remember to take the trades in reverse. BnB is more entertaining than Cramer, marginally better looking, and more consistently wrong. I have ordered my BnB jacket but will wear it...

Very! Buy in Detroit. Homes available for less than $5000. Good neighborhoods. Keep the remaining gold buried in the basement. Buy a shotgun. Don't worry about your job. Plenty of economic opportunity in Detroit. Buy low.