sigh
its not decay
you should research the topic.
I'll give u a hint:
lets say futures matched the index price all the time, anyone could beat the S&P index by 4.5% per year right now
how? go long 1:1 dollar ratio of your account on a ES future, and earn interest on your unused...
well, why wouldnt the chinese bigwigs do everything in their power to keep the ball rolling until the olympics?
where they can showcase their perfect world?
they have the reserves to do it too......
its only 9 more months
I'm lucky i didnt short the chinese market, I tried to short it...
Some traders I know are up 200% so far this year
Kudos to them, I didn't have the guts to trade anything with china in it.
Not enough cahones I guess (every other day I think its going to crash lol)
oh yeah
that excellent thread
the one where you trade with the trend.....
the one where you PREDICT the trend will continue...... that one?
I would have no problem with "trade what you see" if it was renamed to "Look at what you see, then predict what happens next, then punt your...
along with "I am a trader, I don't care if the market goes up or down", seems like the cool and stupid thing to say on ET these days
So, someone, please explain how you trade what you see (without predicting anything - of course - extreme sarcasm)
so what would people consider the premier condo area in miami?
for example, people in los angeles would reply (most likely) brentwood is the best place to own a condo in LA
why we all discussing this
the end game is a foregone conslusion
1) fed cuts rates
2) fed keeps cutting rates as things get worse
3) fed and government do a whole bunch of mischief to encourage banks etc to keep lending out money with no risks to themselves
4) dollar falls
5)...
this is what flashed across my news proggie, dunno if its true (news for today)
"The Fed injected 517 billion to banking system to ease liquidity needs"