Search results

I agree with the other sentiments shared here. He was truly a "lol" funny writer. Great wit, sarcasm, you name it. Not surprised in the least he had a successful career as an on air personality. I've missed his posts for a few years now. RIP.

I glanced at it to see they now have that comical prop that subtracts the current dow price from 12000. "points away from Dow 12000".

A look at early 1996...

There was a ton of volatility in that jan-feb 2000 period. I remember the ES having 5-7 pt ranges on a 5 minute bar. I wasnt trading in 1995, but I'd be curious to see if those slow grinding uptrends resembled this intra-day. Anyway, it's probably the last thing anyone expected in mid...

The vertical nature of all of these illiquid program driven moves never ceases to amaze me. In the course of one day and about 7-10 ES points, the entire sentiment of the market can go from projections of SP 1400 back to projections of SP 1200. It's pretty clear that the quicker and more...

Since Friday was 9/1, that means options expiration will be on 9/15, so the rollover is a week prior to the options exp, hence the 9/7.

Fed Governor Poole made a similar cryptic speech about the risks of Fannie Mae back in either 2002 or 2003. Sort of a matter of fact doomsday speech. Was kind of chilling actually.

Interesting, that happened back during the volatile days of 2002 frequently.

I used to see his performance thru the Barclay's Managed Funds Report. If you notice, they have a link to that on the site. Essentially, a subscription service.

It will be interesting. I think the fraud is similar in some ways, but the difference is Enron stock wiped out all the shareholders and the employee's 401k's. Thus, it created more of a political spectacle which, in turn, enables the "system" to come across as "vigilant watchdogs" for the...

This is alot like the summer of 1998. Back then the market drifted higher day after day with alot of complacency. Then, seemingly out of nowhere, in mid-July the market sold off hard one day and never stopped selling off for a few weeks. In August of that year all the LTCM stuff, Russian...

And yet he was "the perfect tenant" and now "back on his feet in his old job". Surreal.

Gold down 25, ES down 8, NQ down 18, oil dropping...

It's a damn good thing Surf abandoned that dollar long.

Dollar cratering and it's finally spilling over into the indicies.

The "re-flation" trade does not discriminate.

Well there is anecdotal evidence that some seniors are cashing out and moving out of state. After all, the spectacular price appreciation has enabled them to buy places for cash up in the Carolinas, Georgia, etc and still have money left over. Granted, to move in state and lose that tax basis...

And property taxes skyrocket over time as well. In fact, a great number of senior citizens who bought their places 30 years prior are forced out of areas due to skyrocketing property taxes. If one is going to have an intellectually honest debate about the pro's and con's of home ownership...

I can just picture Dykstra, Morandini and Kruk chewing tobacco and sporting mullets talking about options.

Good analysis. I think slowly but surely more individuals are coming around to this angle of thought. i.e., equity prices staying well bid in case of, or in anticipation of, the dollar devaluation. Let's face it, there are days in this market where every single asset class has a bid. IMO, if...