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People with a lot of money does not mean they understand the market. If they are smart monye, they should anticipate not react! Markets determine Fed actions and economy, not the other way around. Think of stock market as huge polling center where people vote with their money, and others...

Fed, economy, etc have nothing to do with stock market. Stocks are (an independent) commodity that affects economy, fed, etc, and not the other way around.

Done with Fed announcement. Bye everyone!

Now Qs at 35.51. I am taking my profits on shorts made at 35.79. I shorted only one piece of 8 planned pieces. I thought to short the last piece at 36.10 area, but we did not get there.

yep

if someone gets the text, post it here ASAP.

Hi, I thought to ask that we share our fed plays here. With a what and why? Here is overall strategy. I plan to sell spike and possibly buy retreats, if the price gets to certain levels generated by my models in realtime. If time permits, I might share them.

The only reputable source in this case should be the USG. Otherwise, it does not matter. I doubt it though. Main USG appointments seem to be supported by same forces that appoint Fed governers.

This guy is a real trader!

hey shortie, If i were you, I would cover before the fed, and then re-establish with main gain made as follows: I would sell calls on jump up, and sell puts on a selloff after fed annoucement. Therefore you would gain in possible volty spike, but also and most imporantly on the effects of...

10:24AM (June 24): With Qs at 35.79, I am taking all my long profits off. And starting to scale in on short side. Anyone dare take the other side of this trade? :p

Actually everything I have seen in published books/journals/etc make a fundamental mistake in figuring out the relevent probs In some cases you have to multiply by two, and in other cases you have to divide by two to get the real numbers. PS: Could you guys figure out some of the mistakes...

Original answers so far. Keep them coming my friends! Thanks.

LOL! They will not believe me if I were to explain it that way, as they know it is not true (with a probability of almost 1) based on their following of the blog posts.

If people were to ask you how do you predict stock market prices, how would you answer the question? I am asking because a number of my blog readers have been sending emails containing the above question, particularly after the post of June 11 at 3:ishPM warning the readers of a downmove...

Ron Paul 's allegiance is to the USA. Do you want him to have his first allegiance to zionist criminal Israel?

When did you change your opinion and why?

You voted W. three times! Your ballot did not count because there was no Bush running in last election. You did not realize it?

McCain is just another idiot. The only people more stupid than him are those who voted Bush twice, not to mention those who wanted to vote for Bush a third time until they realized it is not possible.

Ahmedi... is a torn in the eye of the zionists in occupied palestine. They do not like him to remind the world of the truths (i.e. they stole the lands of pals, and that they exterminated pals while sleeping in their houses.) With this post, we should see some zionists come here to defend...