Search results

  1. C

    Why is Macke Out From CNBC?

    What? this isn't the drug addiction forum? sorry fellas :confused:
  2. C

    Why is Macke Out From CNBC?

    i had thought speed but looking at his HP coherent piece just a few hours earlier at the beginning of Fast Money http://www.cnbc.com/id/15840232?video=1128369188&play=1 AND he is an affluent Wall Street guy (or at least well paid CNBC...uh...former CNBC correspondent), I am going to guess that...
  3. C

    We Are Out Of Money....Obama

    absolutely true that Obama is bringing the deficit to new heights but to say that Bush had nothing to do with the problem is just a wee bit off. in my opinion:D i am not saying that greed on the part of the lenders, brokers and buyers didn't play a part in the current debacle but the...
  4. C

    What will you do to protect yourself against the upcoming destruction of the dollar?

    Brilliant analogy, I'm with you, Susana and the currency trader Eric dude's analysis. Oh, and the moon pie guy, a box of those things would taste just as delicious if it were dug up in the next millenium.
  5. C

    Does the futures has any influence over the cash index ?

    aye, in the same way that ES contracts basically shadow boxes with the cash market, the ES is going to lead, follow, pretty much stay right with what the SP contracts are doing. this is because they are all basically the same exact thing, perhaps trading in different increments but the same...
  6. C

    Does the futures has any influence over the cash index ?

    as susannah had said, there is an arbitrage relationship between the futures and cash market and the algorithmic programs the big boys use keep the relationship so tight, there is no way you or i could squeeze our tiny asses in to make a penny. but yes, if there is a bunch of money going...
  7. C

    Trading in an LLC vs outside an entity

    one of my trading accounts is as partner in an LLC and i get an unbelievably simple K-1 (form 1065) just before tax time in which there is only line 1 filled out, ordinary business income _________ if there is a loss, it is WHATEVER that loss on the year is ( i.e. more than the $3000) to be...
  8. C

    Idea with Potential?

    absolutely, completely and most unequivocally IGNORE him or any other of the malignant maggots that slither their way into your posts. think of them as those uber huge earwigs what Khan had inserted into Chekhov's ear to try to control his mind (Star Trek:The Wrath of Khan). in this case, as...
  9. C

    Idea with Potential?

    depends on what you are looking at as an ultra liquid NYSE stock is VERY rarely going to get an OPG print that is out by $1, even 50 cents is freakish on a $70 stock like Exxon (i do some OPG trades with the envelope at just 20 cent intervals of late and rarely get the second level). also...
  10. C

    Idea with Potential?

    as a slacker shortcut, what i was doing to backtest your idea was to just pull up the daily chart of stocks looking for the longer green or red bars indicating the biggest down or up days then just looked at the next day's open and bar to see if it had gapped and what it did. to tighten it up a...
  11. C

    Idea with Potential?

    right, the guy had a question... grabbing a cursory gander at several stocks, it seems rather random (not juxtaposed with the s&p though), like some days that they were killed, the next day opened up or gapped down again. i'd suspect the news would have a big part to play in it. for...
  12. C

    would you want more leverage if you could get it?

    while we all like to think that we will make 60+% every year, it is a lot to cover. even paying 12% anually is a chunk considering that most pro traders lose money, this from some other post <<WHY HIDE THE NAMES - HERE IS ALL TO SEE - ENJOY - 6MG FILE NAMES STARTS ON PAGE 28 UNTIL 56...
  13. C

    Trading in an LLC vs outside an entity

    oh, sorry dude, am thinking if you got the LLC info off of a traders accounting website, you must have seen some info on mark-to-market. if so, count the last one as side effects of age and selective vision:confused:
  14. C

    Trading in an LLC vs outside an entity

    a little late for this year, as has to be done before tax day w/no extensions but make the mark-to-market election and you eliminate that $3000 loss limitation. you can take many more deductions (computer, software, books, part of mortgage/rent) as you are declaring trading as your...
  15. C

    too many charts...help me find the right trades

    me reckons it is difficult to ascertain what is going to happen for the next 20 minutes let alone week but i have also had a part of my temporal lobe removed so... some ideas from what remains, you may look to the weekly indicators that come out to affect at least the specific sectors, like...
  16. C

    Idea with Potential?

    i would say also it is kinda dependent upon why it is down, like bear sterns got the beat down some sick amount, i dunno was it 50% to the mid 30s and then next day it was...uh...a $.37 cent morsel for Jamie Dimon to eat on a bagel. well, not really $.37 cents but like another 90%+ drop so...
  17. C

    Idea with Potential?

    yeah man, backtest the hell out of it and if it don't work out, try another 227+ ideas that may come to you about possible strategies. be as a blind man whose eyes have been sealed closed by being burned with acid 18 years ago and has just had them delicately sliced opened. sure the light of...
  18. C

    How would you use a 52 week high/low stocks to trade.

    oh and sorry, know of no iron clad "proven" methods for anything in these markets, just playin' the probabilities:D
  19. C

    How would you use a 52 week high/low stocks to trade.

    i am guessing you are meaning a 52 "week" high as 52 days seems so arbitrary? in general, if it hits a 52 week high without any significant news, i am buying it as it has broken through resistance even if it has been up for 5 days and especially, if it is showing good RS, like if it hit a new...
  20. C

    "Scaling out" is inferior behavior

    bro, totally depends on the type of trading you are doing. might make sense if you are trading smaller size or have a retail account where the commish is going to eat a significant amount of your profits. if you are trading size, makes more sense to take profits off as you go along(i.e scale...
Back
Top