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    Here comes the pain

    What is lock limit down? Is it the S&P or the Dow futures?
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    Here comes the pain

    Have a great day
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    Here comes the pain

    I was doing Apple calls. I got out on the close. It was a weird close. I thought I had done well but then some other things happened. I did make bank but not Big Time. I am out. I just looked at the Dow futures -1,338.46-6.30% I would call that PAIN if you are long.
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    Here comes the pain

    Here comes the pain. Now down 478 - 10:26 PM
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    Here comes the pain

    Here comes the pain. Dow futures are now down 419. True it does bounce around. But if I was long I would be sweating it Big Time.
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    Here comes the pain

    The Pain just keeps coming. European Banks say we are going to help. Short time bounce. Then the Pain. Need to know something about the Spendings Multiplier. A decrease in spending is a multiply of the initial decrease. Actually things like car loans and such were in bad shape but not...
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    Here comes the pain

    I'm still posting and so are you. Props.
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    The coronavirus pandemic and oil-price shocks have accelerated the move lower for U.S. equities. Lon

    No doubt about it - down. How can you even imagine an up scenario? Can't believe that Russia is not obliging here. She has been shown she is not the Master - Big Time.
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    Here comes the pain

    If you are not in - great. If you are long - you will have a interesting experience. If you are short - you have my respect big time. Here comes the pain.
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    Here comes the pain

    It is true if you know how to trade you can profit big time. It is Pro Time trading now and we will see who is what.
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    Here comes the pain

    If you are long anything you have my blessing. If there is a way to get out do it now. Nothing will happen until Monday and by then you could be wiped out.
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    Biden holds wide lead among black voters in Democratic presidential race, Post-Ipsos poll finds

    Hoping "Old Black Joe" can take all of this People to the Promised Land - Dream or Not. No one else has been able to do anything with them because of The Bell Curve. Genetics says you are what you are.
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    Biden holds wide lead among black voters in Democratic presidential race, Post-Ipsos poll finds

    Most call him Old Black Joe. He is always referring to "his" people. Not sure who that be. What has Joe Biden ever done for African Americans? If you can name 5 things you should have done that during African American month. Oh wait, he had an African American friend in college. Maybe...
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    We just witnessed the Biggest Drop in History

    Media induced panic "In total, the CDC estimates that up to 42.9 million people got sick during the 2018-2019 flu season, 647,000 people were hospitalized and 61,200 died. That’s fairly on par with a typical season, and well below the CDC’s 2017-2018 estimates of 48.8 million illnesses, 959,000...
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    Ray Dalio was Blindsided by the Coronavirus Market Rout, and Now His Flagship Fund is Down 20% this

    Ray's got balls to come out and say what he did. But hard to hide. Even my 92 year old mother can make bank in a bull market. (We have not told her what HD did today.) But the real test is in a Big Bear. As mentioned, it is hard to turn a $160 billion battleship around, especially when...
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    Silver - Law of supply and demand not holding!!

    At the heart of the problem is the US Mint. They have all this exotic stuff - proof and uncirculated and ... I could not find a price for a plain Silver Dollar. It is hard to give a price when the price of spot is constantly changing but hire someone with a college degree and come up with a...
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    Silver - Law of supply and demand not holding!!

    Here is the problem with doing Silver Eagles. When the spot price was $14.69 I called Silver Eagle Pawn near me for a quote on an ordinary Silver Eagle. They wanted $3 over spot. Perhaps I could have bargained but ... I am not sure what the price would have been had I bought and then tried...
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    Trade Alert on SPY vol structure

    Do you guys actually trade size? Based on current information no one know what is going on. I would suspect down on the open - ceteris paribus. Anything could happen between now an then.
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    Trade Alert on SPY vol structure

    At first I thought you meant volume. Would have really appreciated an analysis of changes in vol over the last 2 weeks. But I suspect that vol = volatility. If you were presented with the graphs above how would you use the information contained to influence your trading? If it means there...
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    Friday's rally - short covering?

    Friday from about 3:30 PM EST till the close was helicopter money - plunge protection team. Trump gives a speech starting at 3:00 PM promising to spend the moon on almost anything you can think off. Did like the oil buy. There was a little head fake at 3:32 PM. After that it was an...
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