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Exactly. Why buy at 95 when you can buy it at 75 then take it to 135.

Volatility should die down over the next few weeks. But it was one hell of ride. We closed at a key level on Friday. Feels like it might be waiting for an external cue to move up/down.

You work at Goldman Sachs.

This thread is better than any drama on tv. Thanks for the chuckles.

Short Yen as well. Planning to hold this sucker for 2-6 weeks. Good risk vs reward IMO.

Bought the exact low - sold the exact high yesterday in Silver. Was a very nice day. Today's gap fill was very clear as well.

A lot depends on currencies and how the indices trade from here. Don't think we'll drop to the 20's from here just yet. I suspect we break the previous high (37.90), suck in some longs before we turn back down. I'll be watching 41.25 on the short side.

You need to intiuitively know the market. This takes time. Find the right approach. Find the right mindset. Focus on swing trading.

I love how they have kept saying on the wires that Portugal is fine and they have not asked for help and then "BAM" we need help we are in serious trouble. Truly pathetic.

I thought Yoda was from Star Wars? :]

Nice. Well for my sake I hope your right. My point was in regards to your statement - anything can happen - best to be flexible.

Where can I buy that crystal ball?

It was ok - nothing special.

This looks like balance today with a possible test of 107.20 in the books. No conviction either way.

The best strategy for you to make 3K per month - is to sell your asshole :]

Looks like they had enough. Yen rocketing up.

Hello BOJ?

My ass is going to rupture soon. The situtaion is bad we know - enough already with all the headlines.

More like 15%

Regular closing today?