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If I've been reading correctly I think the $600B is through June '11 and Goldman still expects ~2T (additional 1.4T?) over the next 18 - 24 months. I also think it was/is both an estimate and a recommendation.

Not sure, all I know is it looks like just the futures are launching Q1, 2011 - I've only seen the CME site and the volx site, so I have no better info.

What impacts (good/bad) do you think this will have, if any? http://www.cmegroup.com/trading/fx/fx-realized-volatility-futures.html

It kind of sounds like you want to be able to purchase/sell a stock at a given date and ensure the same price in 'x' amount of time. If this is the case, yes a conversion could do this cheaply. Alternatively you could use a CFD, SSF, index futures, swap, or basket of stocks to hedge. Is...

It seems your definition of delta is different than that of BSM. Your delta is not the delta as defined by the price change of an option due to the change in the underlying, but the day over day change in price of the option coinciding with an 'x %' move in the underlying. BSM provides the...

Someone is only an asshole if someone else thinks they are, and if so, then they are. To that end, we're all assholes.

Haha, no wonder they're broke - they really couldn't find 1 thing more productive to do than that. -Guy who realizes irony of his own post

I think you've misinterpreted the information presented, although you've definitely picked up on Zerohedge's aptitude to mislead. There are 3 key points in those articles: 1) Large increase in free subs 'distorts' numbers if they cannot be converted 2) They need to raise $100-200MM to fund...

Agreed. The key is that anything the banks do (be it fraudulent or otherwise) is irrelevant because the home owner is delinquent and should be foreclosed on. If the banks do not follow the correct foreclosure process they will be forced to answer for that - however the home owner will still be...

Regardless of whether they were or were not actually behind - it is what they did after this that was wrong. They decided to stop making payments, which led to their foreclosure. Separately, this was one of many payments they were obligated to. It's not as if the 12.5K payment was to pay...

Did you read the article? Yes, physically the family moved back in - but what they are doing is wrong. They do not have the right to do so, they are delinquent, and have lost their home. "The Earls’ arguments didn’t fly in a June bench trial held in Ventura County Superior Court. The...

Don't think so - because while the house may be foreclosed on by the wrong bank (i.e. bank that doesn't truly own the mortgage), the home resident is still delinquent on the mortgage and should be foreclosed on by someone. To be clear, no they would not have to move out and the original owner...

...yes, please continue to update us on their performance. We care, you are providing a valuable service, and it's not annoying at all. Thank you, ET crusader, we salute you.

If you hate these guys so much, stop bumping a thread about them - there's no such thing as bad press and the best thing you can do is just ignore them. You've made your point, their calls are bad - who cares, there's a million other people with equally terrible calls.

It looks interesting and has to potential to be big deal (and is imo), although I'm skeptical of how much this will affect prices. My question would be how do you play this - does JPM become a short or do you just avoid going long. If it's a short do you play it against the financial...

What's your view on Equities?

No, that's used in court afterwards:p

That's a definite maybe, almost for sure. Without a doubt I think.

I'm picking up what you're putting down...so you're saying you sell calls:p

I don't know, he makes a good point when you look at the colocation, it's obvious front running from insider trading - constantly chasing flash crashes and NBBOs. Sometimes, the latency drops and I can't stuff bids, so I have to wait for those damn HFTs to finish cycling. Frankly, it's...