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Haha I was just joshing lawrence Xela. Thanks for the list! Lawrence, thanks to you as well!

Visaria, thanks!

"If you are a black or white person...you may have a difficult time trading;" lawrence, thanks, but are you saying black or white people are not good at trading? White guy here, but that sounds kind of weird...

I realize these are two different subjects, but I'm open ears - want to get some book about both to read at night before bed so I can stop pestering you guys in the forum. :) Thanks for any input, and I apologize to mod if this is wrong place for this - other forums didn't seem appropriate...

Yea, not so much!!! :)

Hahaha, blast off in 3... 2... 1... :)

hahahaha!

I was thinking the fed should probably come in here and say something at least... "given the downturn in the market, and its possible overall financial effect, we are reevaluating how fast we ramp up the rates".

Haha, my nerves are already acting up just thinking about that possibility!!!

Ohhhhh snap. Meltdown coming?

thanks! its certainly opening strong!

buy1sell, when you say ES close, you mean sell the nearest expiration, march here i believe? so you are looking for a big rallie correct? Thanks!

opening looking rather strong eh?

Thanks nickynoes. So why would volente close his position at 2608, when that was not his target and it was below his stop? Maybe he saw something in the market that made him change his mind?

XIV is a bust, but SVXY, while injured, appears to be kicking strong. I think all s2007s is saying is that once this selloff has occured, and VIX is already so hight right now, it can't go TOO much higher. And in that cases buying SVXY might be a good course of action. I would agree that...

volente, I'm trying to make sure I understand what you are saying: "Shorted 2611.25 and 2611.5 Stop 2620.5 Objectives 2595 2581" So you shorted ES (nearest term future) at ~2611. You've got a stop sale in if hits 2620.5 to cover to minimize losses if the trade goes against you. Your...

Fair enough GloriaBrown. But let's say you didn't just keep any excess in cash. Let's say you kept a small ~10% interest in UVXY shorts. Maybe only 5%. The rest you keep, at least initially, in something simple, let's say SPY. Or maybe you go long (or short - might produce better long term...

hahaha

Haha, you would be right. I was drunk and was just joking around. Sorry!

volente, where/how are you seeing the 2612 level? I just looked at a yahoo S&P 500 chart for the last few days, 2612 didn't catch me as a particularly relevant number/level. Thanks!