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"SWISS FRANC TRADER: can u put 6m swiss libor in low pls?... PRIMARY SUBMITTER: Whats it worth SWISS FRANC TRADER: ive got some sushi rolls from yesterday?... PRIMARY SUBMITTER: ok low 6m, just for u SWISS FRANC TRADER: wooooooohooooooo. . . thatd be awesome" :eek: :eek: :eek:

I have something semi-useful to say: It is possible to enhance returns on long-term positions by using shorter-term swing trades to add and reduce size as appropriate. For example, in ADT I was taking off a little bit when it was down at the bottom of the range. Now that ADT is back at the top...

Gold is NOT acting like the bounce is done with. I was early in starting to build my short position, a mistake that has already been corrected. Will re-visit this trade at higher prices. Joe K. made a few grand off shorting gold regardless, so no real harm done, right?

Here's an idea (not an official 'on the record' trade). With the Japanese printing presses running full speed these days, putting even our own to shame, shorting the JPY on bounces has been a consistently juicy trade lately. In case you've been waiting for an entry point, right here, right now...

ADT earnings on Wed. before the open. There is always the chance we could get lucky and have them guide future earnings lower due to the sudden increase in competition. Who knows what the board is thinking at this point? Bud Fox and his inside info tips would come in handy right about now... not...

So it looks like I started building my gold bear positions a bit too early. I've already lightened up on these, and unless we get a big selloff today, I will lighten up (or hedge) even more. The time and price to get short gold is later and higher, it seems...

Ok, now I think we're more or less on the same page here. Notice that I never said HFT ended my career as a trader... it didn't! However, HFT has been the most challenging disruption of all, and has in fact knocked me out of the short-term leveraged equities trading game, along with many others...

BTW, I only still talk like that out of habit, and because it's funny. In reality, hot young sluts no longer play a big role in my life. I'm 38 now, and very cool with my wife. At some point a guy usually grows out of his aggressively-seeking-sluts phase.

Grease up the sluts, because I think we're gonna be golden on this one! The only reason I'm the only trader pointing out this trade, is because all the others who figured it out have the sense to know that <i><b>the game is to be sold, not told</i></b>...

Well, don't all answer me at once! Anyone? Bueller?

It's alarmingly sad to think how much influence this short-bus passenger has over all the laws that seriously impact our families' lives. :eek:

<i>"HFT is just another market participant... HFT is just another excuse for you losers to whine... blah blah blah..."</i> ---->Never mind any of us individually for a moment, just look at what has become of the entire leveraged equities prop trading industry! Echo used to have a Chicago...

On second thought, perma-bulls/perma-bears may have some use as a fade after all, on the strict condition that they habitually call out their exit way too soon whenever the trade finally goes their way.

I was thinking <b>at least</b> 100. Put in enough work with a big/competent enough team, and even a few hundred consistent sources could be found, IMO. Also; Real nice work, Joe! Enjoy your champagne, blow, and sluts this weekend!

So here's a killer idea for a hedge fund that I don't mind giving away for free, because I know I'd never pull off putting something like this together: You get a team of intelligent dudes together to scour the net for anyone who can put out consistently awesome or consistently terrible market...

I think putting out my market calls here could be messing me up a little bit, since I feel so 'responsible' for them, and felt kinda obligated to call out my short term hedging (which I completely screwed up, btw), putting on hedges, taking off hedges.... This shit needs to change RIGHT NOW...

This is a bizarre scenario that I didn't see coming at all. Apparently, you did. I was wondering if GLD had to fill that gap up to 142.85, but since it's such a derivative product, I kept trying to tell myself that gap didn't matter. Perhaps it did after all. Since that $25 plummet came as such...

May the force be with us, Josef! (Starting to have doubts about that 2nd big up day blowoff top scenario, btw)

BTW, I took a minority of my ADT puts off the table at 3.10, 45 minutes ago. That's a decent gain already, even after slippage. Still have the majority though... Also overhedged in gold to the point that a short term rally today actually helps me... Why I'm calling this shit out so openly is...

It would be awesome if we were to have another huge up day in gold today, forming a blow-off top (I hope). Short-term hedged with futures, this rally neither hurts nor helps my existing positions.