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  1. L

    why the market will fall much further

    One could easily argue that the withdrawal of stimulus is going to create a megaboom because: a) the stimulus has been received yet not cycled back into the economy by the recipients (I'm mainly talking about bank reserves here but I'm sure there is other stuff too) b) I would not invest...
  2. L

    Inspiring video for traders!

    No no the one with the gold watch is just an ordinary person whose gold we trade. Aaanyway the video should only be "inspiring" to wannabees. That's not what a trader is like per se at all. That is the idea of a trader and I find their expressions kind of funny, especially the old guy. Why...
  3. L

    GS puts

    That's not true. Selling them you only have to be not catastrophically wrong every time. Buying them you have to be spectacularly right a limited amount of the time.
  4. L

    Onion market reality

    How stupid are you, I mean really? If you take out all the non physical supply, then only physical supply stays. Hence oil would be $5,000 without speculators. This reasoning is exactly the same as yours yet mine "sounds stupid" while yours "sounds smart" because you and everybody who listens...
  5. L

    Fed very unlikely to launch QE3: JP Morgan Chase

    Since when does the Fed listen to politicans?
  6. L

    Why do I see "Trends" in Randomly Generated Data?

    The answer to your question is yes if he is lucky, no if he is unlucky and no if you are talking about more than one trader and no if you take into account commissions, spreads and other costs.
  7. L

    Poll: Sell in May 2011?

    "The markets" are not a person have no opinion. People trading it may, and there is certainly nothing despicable about that.
  8. L

    Why do I see "Trends" in Randomly Generated Data?

    I think there main problem with these threads is that some people are arguing that markets are random but that most people are arguing (whether or not they use the word random) that markets are unpredictable. I can say with 100% certainty that markets are not random, because there are certain...
  9. L

    Who wants to be long on Memorial weekend?

    I don't know about that "final phase" thing, but I wouldn't be surprised to see a leg higher. Sentiment really seems to be wavering on all fronts and I doubt the group that is absorbing all the selling is the weak hands who are going to sell back even lower.
  10. L

    HUGE miss in housing numbers, but no need to worry, QE3 is on the way!!!

    WOW!!! I AM SO SURPRISED!!!!! :eek:
  11. L

    Who wants to be long on Memorial weekend?

    Massive equity mutual fund and ETF outflows (has been going on for three weeks), no significant drops in price (pretty close to 52-wk high on a lot of shares and indices actually), negative option sentiment, non-bullish to negative II, AAII and NAAIM survey sentiment and several panic dips a day...
  12. L

    Who wants to be long on Memorial weekend?

    Well, we've been for weeks now in a pretty risk-averse climate going by option sentiment, sentiment surveys and a couple of other things. Every time some news comes out regarding greek the panics are quick but relatively shallow and are always bought back to the starting point. However we are...
  13. L

    Why a Greek Default Would be Worse Than Lehman Brothers' Collapse

    Rock-solid gov't finances? Wtf are you smoking? That's like saying the Nasdaq had rock-solid growth prospects in 2000 (valuation and otherwise). It's funny you mention the two countries with the most severe real estate bubbles as well. If an economy is on fire with bubbles and all sorts of other...
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    Why a Greek Default Would be Worse Than Lehman Brothers' Collapse

    Certainly, however we seem to disagree on the fact that a full collapse of bonds of all PIIGS countries is likely, which it most certainly is not simply because Spain and Italy are at this point not insolvent and in the spirit of "if shit hits the fan we will just change the rules (read: print...
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    Why a Greek Default Would be Worse Than Lehman Brothers' Collapse

    Well at least you know you're dumb, that's something. You are also incorrect, Spain is a little under 10% and all the PIIGS combined (I added Belgium for good measure too, although it's not even really a country) are about 28% of the European Union. Out of those only Italy and Spain really...
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    Why a Greek Default Would be Worse Than Lehman Brothers' Collapse

    Some of it, but I think people overestimate Greece's importance in the scheme of things, and the entire PIIGS group for that matter. If we were so inclined, central Europe+Scandinavia could buy the PIIGS a few times over and the impact would be unpleasant but certainly nothing shocking. Of...
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    New Bloomberg Backtesting Functionality

    It's certainly not the software where Bloomberg provides value for money...
  18. L

    AfterHoursVIX

    What exactly do you need it for?
  19. L

    Is "Too Big to Fail" Too Light on Blame? Seriously!!

    I wish people would stop believing that people amongst each other are highly similar and/or equal. If you give a dog too much food to eat, do you blame the dog for eating itself to death? That is what seems to be the consensus around here. Let me clarify this for you: you cannot logically or...
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    Gambling LNKD - warning

    What you're forgetting is that the article is totally unrealistic. The model obviously has its vulnerabilities but as long as basically everybody is saying "this is pure crap, stay away!" I am not going to be too worried. I'm not personally long the stock and have no intention of that either...
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