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  1. R

    CNBC Million Dollar contest

    How about dividing your portfolio equally on a few UltraShort ETFs and then short 100K of the USD versus the CHF? :)
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    The AMEX FRO (Fixed Return Options) Thread

    I saw Steve Smith (TSCM) write about Fixed Return Options this morning. Tonight I checked out the AMEX website to learn more about them since I got a note saying that my options broker is offering them now. Info on FROs: http://www.amex.com/?href=/options/prodInf/OptPiFROs.MoreInfo.jsp...
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    I'm Shorting Hysteria at 24.180

    I wish ya luck, buddy. I was in your situation late last month --- do I let my nice profit on 4 contracts ride or do I take my money out? I took my money out and despite its continued fall, I'm not looking a gift horse in the mouth on this one. I learned the hard way on index futs to never...
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    poor cramer?

    Cramer, for all is hype and hoopla and past success in life, is simply another source of information and food for thought. Anyone who simply buys when he (or anyone) says to deserves to lose big.....you have to do your own homework and research to be successful in the market, and no single...
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    Relentless Upside Today...

    Now *that* is a brilliant quote.....how very, very true! (Unless you're a newbie retail trader trading off of CNBC.....then you're buying the talk by the boatload.....)
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    Kudos to Fox News, Boo CNBC

    (Yes, this is Fox NEWS not BUSINESS Channel -- but what's important is how they treated their viewers.) Fox News is Responsive to the Linux Community. http://tinyurl.com/5f5eva This is in stark contrast to CNBC's treatment of its Web viewers, who despite their much-ballyhooed...
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    BIG IDEA: why work when you can have pro traders trade for you on collective2 via...

    I autotraded a few on a paper account with mixed results during a trial period -- was curious about how it all worked. Would I use a blackbox system regularly? Probably not -- and I'm not using one now. Bottom line, there is no black box solution - if a system works today it may not work...
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    I'm Shorting Hysteria at 24.180

    I've been short 4 RRK8 a few times since last week -- been some great trades thus far. :) Hysteria, indeed.
  9. R

    CNBC Million $ Portfolio Challenge

    Why bother? It's a long-only contest that doesn't let you short stuff, so it's not much good these days. :)
  10. R

    How predictive is volume to index futures?

    ES and ER2, yes.....but I daresay this applies to pretty much anything you trade -- but I'll leave it to those wiser than I to confirm that statement. :)
  11. R

    How predictive is volume to index futures?

    I think what he's meaning -- correct me if I'm wrong -- is that if you start seeing increasing volume on a given direction, chances are that direction will continue until volume starts to fall -- and when volume starts to peter off, that gives you a few seconds' notice of either a pending...
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    Stimulus Payments early and my favorite quote of the day...

    Yeah, $600 is really going to offset a helluva lot of gas for my car this summer. Riiiiight. Or it's going to offset the increase in food prices resulting from your feel-good-but-meaningless biofuels program that's raised food prices nearly 40% this past two years. Riiiight. *grumbles*
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    ShadowTrader Focus Report_2008

    Although I am not a TOS client and receive similar (though not as slick) info in the morning, I do want to offer my compliments for producing a rather clean, easy-to-scan (and/or read!) product. It's easy for pros to scan and newbies to read/understand/learn from....something I think is...
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    Rookie Trader Journal - Advice Welcome

    A-men! When I hit a rough streak in trading I stopped using real money and went back to virtual for nearly 2 months, (re)learning price action and market flows. I both blew out and profited insanely well during this time as I refined my trading style "in the sandbox" where it only cost me...
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    rice producer stocks?

    Ya gotta wonder if this is marking a top in the rice market -- all this frontpage, leading-news coverage on the rice story, hoarding of rice, etc is fanning the flames of 'panic' in the eyes of retail investors. I remember after a few weeks of noticing that I couldn't watch weekend or late...
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    Which Broker Is The Best For Options Traders?

    I trade options at OXPS, and think their options platform is fine for my needs. Outstanding customer service, too. I don't use OXPS for futures anymore, but still do my options there.
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    Bloomberg: The value of 'analysts'

    Interesting article from Bloomberg on the value of Street analysts and their forecasts/estimates. http://www.bloomberg.com/apps/news?pid=20601109&sid=apQUkLyvXWSA&refer=home I also recommend the 2007 book "Full of Bull" that delves inside the world of analysts, and highlights what many of...
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    How many ES points does a trader need

    I don't view anyone as a 'master' per se -- there are experienced traders and inexperienced traders -- and shades of 'good' or 'bad' in both categories. But I'll bite on your question: to me, if a person can pull 2 points profit off the ES per day with a very, very high degree of...
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    Calendar Spread prior to earnings

    IIRC it was June-July (or July-Aug) 150 calls -- it was early on in my options-trading forray and I didn't do a decent job on my homework regarding the greeks. I had the right idea on the stock -- ie thinking it was going to pop up, but the wrong strategy. Frankly while I do the...
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