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    Question about index arbitrage strategy

    Actually, it really does work both ways...The OTM puts, especially index options, have that big skew to the put side where the OTM puts will always trade with higher IV's...When the market is not pricing in much volatility, prior to those big IV explosions, you get some serious bang for the...
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    The Evolution of an E-mini Trader

    If I had a nickel for every e-mini trader I have come across in the past 3 1/2 years who approached this market with this same attitude, I would have....(well you know the rest)...Seriously, EVERY trader begins his journey in the mini's with the following trading philosophy "I want to scalp 1...
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    Question about index arbitrage strategy

    The basic argument that I am making is that low volatility(as measured by a pretty basic and generic index like the VIX) has a pretty reliable base at which point volatility returns to an up cycle...Sure there have been extended periods of time in the early to mid 90's where volatility stayed...
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    Question about index arbitrage strategy

    without question, the QQQ...Even though I have very rarely traded QQQ options, I have them on my screen and they are extremely tight across many strikes, near the money, out of the money, everywhere...OEX, on the other hand, might be a bit tighter OTM, but ITM and/or ATM they can trade with buck...
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    Question about index arbitrage strategy

    Actually, another thought on the subject...If I were so inclined and had the patience and discipline to execute a specific strategy only a few times a year..The one that I would execute would be a simple volatility play...Just buy and buy and buy OEX options in the front and deferred months when...
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    Question about index arbitrage strategy

    Personally, I would have a hard time believing there is a significant edge as well...The OEX spreads have grown larger and larger over the years...My feeling is that the OEX was THE index market before the QQQ's and before the proliferation of direct hedging one to one on the index...
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    Please don't buy a Dell!!

    I can watch that Gateway ad with the hot chick in the space suit all day long, what a body...The Dell loser is such a borrowed concept from 10-15 years ago when the whole Spicolli talk was real funny...So stupid nowadays...
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    Who is the new (trading) millionare?

    lol...very true...the ones that don't go into the abyss probably are a decent play...kinda reminds me of some joker on CNBC today talking about IF you held Walgreens for 27 years, blah, blah, blah...problem is only people who know about trading and survivorship bias can call bulls### on these...
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    next one to go

    it's funny...but like everyone else I really thought that the day the Board of Directors gave Bernie that loan when he had a margin call was the beginning of the end...For some reason it all smelled really fishy...I also read an article recently about a former employee who had been doing alot of...
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    the trend is up, market has bottomed.

    That is one of the all time great movies, a real sleeper of a film...Another great Sellers flick is "The Party" where he plays a fuzzy little foreigner at a big Hollywood flick, one of Blake Edwards(??) first flicks... Anyway, this thread is getting all of the negativity because of one simple...
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    Anybody bought or subscribe to services?

    yeah, but it is a miracle for someone who is selling their services...Heck, check out the CFTC web site and read about how almost every single person selling a system, an advisory, etc, etc when audited individually had lost money...
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    Outrageous Electricity Bills

    Hamilton, New York-Colgate...which is ironic because Hamilton College is located in Clinton, a 15 minute drive away...
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    Our corrupt moronic "leader"

    gimme a break...I am not an Ivy League graduate and not defending these institutions, but I will give credit where credit is due and Yale is one hell of a good school...And, yeah great the guy earned a high B and a B+, who the hell knows what courses he took at Yale...Maybe he was taking Organic...
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    Outrageous Electricity Bills

    I went to school in upstate New York, in a small rural town that I would soon rather forget...Anyway, this place was in the middle of nowhere, most people up there were just scraping by, and yet groceries cost more than they did in Chicago, where I grew up...In fact, EVERYTHING cost more in...
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    the trend is up, market has bottomed.

    are you related to Waxie, by chance?
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    Our corrupt moronic "leader"

    good points on all fronts...I agree that there is a perception of a lack of leadership and there is also a massive fear with our Treasury Secretary who is definitely out to lunch...Even if this is some devious plan that he is hatching, no one is really going to wait around to figure out if this...
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    Successful Trading

    In a way, it might just be in our genes...There is an element of fear associated with letting someone else down...And in any job with a boss, there is always a part of you that wants to please them, regardless of whether or not we admit to it...It is also pretty easy, when trading strictly for...
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    Our corrupt moronic "leader"

    Look what a "C" student became or something to that effect. I guess there were quite a few within W's own class that could claim being more intelligent than the Pres. Would you define someone as intelligent with a "C" grade point average? I believe that is average and not a highly developed...
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    Successful Trading

    yes, this sums it up perfectly...I think that you have hit on almost every example of what causes trading losses and trading gridlock...Especially the overtrading part...But I also feel strongly about the concept of letting winners run and especially not shortchanging oneself with regards to...
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    NQ below ES?

    considering how much the difference was at the peak 5000 to approx 1500(if I remember correctly), it looks like odds darn strong at this point that nq at least trades below es for a period of time...I just want to see the moment that both are trading at the EXACT same price...that should be a...
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