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  1. L

    how much will you pay for a trading subscription service

    I have a name for your service: VWAP Vagina's winning at probabilty. Whaddya think? If no one buys your fib numbers you can sell porn. Hot girls in suggestive school girl outfits and nylons charting stuff. Then if you don't make your clients money they won't care. Come to think of...
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    Key reversal

    Time to reinstitute deep OTM Put and Call Spreads as insurance I guess. Been awhile since I've done that but we may wake up limit down each day for a week. Who knows
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    Key reversal

    Ammo Like clockwork
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    Key reversal

    Maybe for a half-day. Tongue in cheek my good friend. Sometimes you get beat up. I suppose I could have Martingaled and walked away a winner but experience has taught me to take my lumps as tomorrow another day. At least GRPN continues to chug away. GDXJ reverse split not good...
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    Key reversal

    I hate flagpoles----today's open. I was in a hedged short over the weekend and spent all day trading around it then closed it for a grand total profit of, wait for it, wait for it..... $123.79 after commissions. I guess after rent, power, water, trash, and other expenses I'll have...
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    Key reversal

    Boy I usually don't spend so much time studying the markets but all I can say is at present the SP500 is confusing. I do know this: Metals will rally for the week and that metals and equities have been negatively correlated for a while now. We end up for the year with a bad Sept. In...
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    Key reversal

    I do not believe we'll collapse this year, so on to next week. Neutral close friday makes the markets subject to be news driven. Severe short covering in the metals portend a possibly positive market into 4th of July weekend
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    Europe strikes deal to push cost of bank failure on investors

    Perhaps DC wasn't willing to listen to Soro's because one of their favorite cronies is an "American Legend." Politics first and foremost. The close personal relationship between President Barack Obama and financier Warren Buffett is no secret. Though he already awarded Mr Buffett with a...
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    I am getting my butt handed to me on a daily basis!

    I didn't suggest that pairs and spreads are the same just that it is an area worth investigation. Ciao
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    I am getting my butt handed to me on a daily basis!

    Try pairs trading at first or spreads without leverage. The movement is usually soft enough you'll be unlikely to blow up. If you stick with it long enough you'll figure out some tactics on your own to make money.
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    Key reversal

    Yeah the red ink is gonna leave a few bargains in the miners at some point. The trading in SPUS today brought us back to neutral. Next week we could go either way and if it wasn't a holiday week a straddle would be a decent play again although the volatility probably wouldn't match the FOMC...
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    Europe strikes deal to push cost of bank failure on investors

    Several risks need to be addressed with regard to banking. The risk of loss due to bank failure as a result of poor business practices is of course always a possibility and certainly one could say compounded by the merging of investment with commercial banking. Additionally the risk of...
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    Key reversal

    Thanks ammo. Pretty lackluster morning. Nice charts.
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    Buying frenzy. China bought a huge 10% of world gold output in 10 days.

    Short term bottom coming into the metals market. Cover your shorts at the close tomorrow.
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    Key reversal

    I was posited a good question and will post Q & A. Markets rise 2 days before a major holiday. Why? It has been speculated perhaps short covering. Going into a 3 or 4 day weekend there would tend to be more short covering than normal. Same reason as earnings announcements. Sell the news.
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    Key reversal

    Sew. Here we are stitching together a strategy. As always the market's subtleties intrigue and beguile. First of all in response to the market voodoo quip above here's what I do and it works for me. Just get a couple of limes and squeeze the juice on a chicken bone and throw salt around...
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    Europe strikes deal to push cost of bank failure on investors

    That clears up the need for a policy and middle of the road is good I suppose. It is better than a taxpayer bailout which breeds poorly managed financial institutions and having depositor skin in the game will allow market forces to work better in directing money to the better managed...
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    Key reversal

    Markets tend to get "lopsided" before they "correct" US equities are the best of the worst. The FED has filled the gap with Open Market Operations (OMO). This week can be attributed to CB activity AGAIN. China's CB troubles handled for the short term. Jawboning by the District...
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    Europe strikes deal to push cost of bank failure on investors

    OK. At least this is progress. That is an agreed to non-arbitrary solution. The point I suppose to all this discussion is that it is NOT the status quo and it represents a tru change to how these events have been handled historically. Yes?
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