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I too read all the negative news. Like Moody's putting WFC on negative watch, just before it ripped up another $2.50. I am not saying this is right or wrong. I am a short-term trader, I read the tape. The market is going up for one reason and one reason alone: There are more buyers than sellers...

Any believers yet? I wish I took my own advice back on 3/14 and just bought and held. Tried to get too cute and sold big rallies to buy them back cheaper, ended up always paying higher. Now that we are back to unchanged on the year, I think the sucking sound of money uninvested and 'missing' out...

It looks to me from this article that he is just talking up his own positions again. He has been a bear and short the USD since 2003. I wonder if he said you should own Coke (KO) as a joke to applause, or if he was really just pushing his biggest position. He owns 200mm shares, $9billion worth...

This is juvenile that's for certain. All I know is, I get to $100MM, I'm done. Buy a few exotic women to cook and care for me and live in cool weather. :cool:

With all due respect, I guess I'm still missing your point. Bruce Kovner started in the pits in Chicago. Once he made a fortune he left that difficult lifestyle. He continued to trade thru his LLC and expanded it yes to become Caxton a hedge fund, but who would not at that level of wealth. Would...

If you made $50million trading, would you still daytrade GOOG? No, you would start an investment vehicle. What's there to disagree about? Wikipedia any one of the TRADERS on my list. George Soros, OK, started as an Arb trader at Mayer, then Wertheim, then at ABLE (Arnold Bleichroeder). Soros...

You are not looking hard enough. I see many. Most became hedge fund managers after amassing wealth, but started as traders: Soros, George Simons, James H Burkle, Ronald Cohen, Steven A Kovner, Bruce Druckenmiller, Stanley Lampert, Edward S Och, Dan Paul Tudor II Price...

Right, were the 'speculator' debt-holders un-American for providing liquidity and buying securities issued by an American auto company? The most troubling thing to me in all this is that these debt-holders purchased these securities under the assumption of protection from Delaware STATE law...

These lawer 'intellectuals' have no clue. AIG was margined at GS. They needed to post additional margin because of their rampant/unhedged massive leverage. They did not advise or recommend AIG to do what they do in the course of their business. They were simply the 'bank'. Can I go back to...

So we have to buy the SKF's on a minus tick soon? :D

It should come up on your execution screen, most have that capability. If not you can just read the Dow Jones newswire at 3.40pm. All imbalances are posted.

These are Index Arb trades. They are done in massive size, for a miniscule, yet riskless profit. About 30-50 basis points annualized return. Much of it says its for their account, they prinicpal the trades, then flip them to customers in CFD's. They also sell 'options' offboard, to guarantee...

It's almost like if you are on the right wavelength, you can nail it from 3.30pm to close. Some days I can do no wrong, buy dips sell rallys like 4-5 times wide swings. Today was one I was not on. My best trade I accidently had my Q set to 1000 and thought it was 200, so when I went to sell 600...

Government intervention? Well, we've been moving more to the socialist/nationalism side more and more, so it wouldn't shock me, but can't be true. Definitely not GS. I know the few prop traders left there. They blew up and firm delevered and does very little inhouse prop. Getting tired of the...

Helpful, thanks. The market should have gotten hammered yesterday and it was artificially propped up. Therefore it will get hammered today on the open by 200 points.

Another bizarre program at 3.41pm. Every single stock I punched up had an order imbalance on the sell side with the 3.40pm imbalance data, yet the SPY went from 85.60 to 86.40 in a matter of minutes soon after. I went with my gut and shorted into it at 86.13 and held on til 4.30pm, because they...

I saw that, but having traded distressed we knew the corporate default rate would be in the 13-14% range later this year. This type of old news seems to trigger some, I think it might have triggered the first one at like 2.30pm not the late one. We also saw one triggered last week by the 'GM to...

We have all been affected by the late day massive programs as of late. I have seen several explanations for these but consider none credible. If anyone has any intelligent feedback on the subject I'm sure we'd all much appreciate it. Here's what we know: -According to ZeroHedge and other...

@AKutcher -Thinking of Punking my mom +10.20am -Can't find my Xanex + 10.30am -Demi just farted +10.35am -Going to Starbucks +10.40am -Just got an IM from Tide31 that I should kill myself +10.45am

Nice chop thus far. I know they pre-released, but they come out with actuals soon?