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    Opening Orders - 2008

    Pretty much random, no set time I keep it on mute until I see a symbol on the bottom of the screen that interests me. Around 5-530AM PST.
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    Opening Orders - 2008

    Joe Kiernan read the Goldman up and downs on the morning show with Carlos Quesadilla and Becky Quick.
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    Opening Orders - 2008

    UTX was a Goldman downgrade, fwiw
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    Trading is extremely rewarding, but do you really think its forever

    Following the trend is your 'edge'? Dude... count to ten before you hit the reply button on your next thread. Next thing you'll discover is adding Smiley faces.
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    Black Friday

    Classic!
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    Power Trading(electricity market)

    FWIW, PJM margin varies by tier...6 to 13K for non-members trading the JM on NYMEX. The contract is based on 2.5 mega watts times the delivery rate of 16 hours times the peak days in a month, which varies between 19-23 days. The only 19 peak day this year will be Nov'08. 19 peak day tick...
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    Skyscraper Index

    I keep hearing anecdotally from recent visitors to China/Dubai/BRIC about all the building cranes they see, stories about man made islands visible from space, and the contrarian in me reminds me of the 'Skyscraper Index'. Here is an interesting research abstract, by Mark Thornton, Senior Fellow...
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    The Opening Orders Thread

    +286 1600 shares +300 yesterday I am a few weeks away from getting my automated order entry program up and running. The firm I trade with has agreed to up my buy power starting Jan 1st if all works well in December. I have added XOM to HPQ and IBM as avoids...'Widowmakers'.
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    The Opening Orders Thread

    I must be doing something wrong, filled on 11 longs (9 losers, 2 tiny winners); 3 shorts all winners, not enough to offset the loss on my longs. I am using 2 envelope levels, .56 and .83. I used 3.72 as FV and 1453.50 for the ES Z7. A few of the longs would have worked out I just...
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    Anyone here take CAIA? I am thinking

    A large percentage of candidates are already in the industry, the certification isn't for career development, more so a recognition that they've reached a competence level certified by a third party. The candidates are by and large from the administrative, operations, analyst area of fund of...
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    Prime Broker

    Mercator focuses on that segment, located in Ja Jolla work with institutional accounts only. PM me if you want contact info.
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    What happens to people's mortgages if say Citibank goes under

    A secured party can assign part or all of the security interest to another, called the assignee. That assignee becomes the secured party of record. It is also possible to amend a financing statement, but that requires signature by both parties. All other secured transaction documents, such...
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    California Is On Fire!!!

    Right on Frank. Tell you what, the fire got out of hand in Arrowhead, Portola Hills and San Diego, because the first thing they do is rush to Malibu to save the billionaires homes. That is always ground zero. Its good media. Malibu is a slender sliver of beachfront homes on the absolute...
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    The Opening Orders Thread

    I know the strategy is to fade the initial move, but the last few weeks I have just let the positions run until I MOC out; been using a 1% stop loss on all open positions which I cancel at 12:39. My daily numbers are better than closing during the 1st 15 to 30 minutes. Majority of the trades...
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    Osama has been FOUND !

    He is in a Go-Go dancer cage in the basement of the Treasury Dept...the're waiting to release the news when the market tanks in a big way.
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    Did FED just cut?

    The way its works is, GS tells the FED.
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    AHG - Profitable Strategy for Struggling Traders

    Meanwhile back at the ranch, anyone positioning to catch the break out of the ST forming in the ES? Goop..., I went short @1548 and hanging in there, without AHG, I would have covered long ago
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    AHG - Profitable Strategy for Struggling Traders

    50 boxcars and a 75 point down move, what is the enigma? Meanwhile back at the ranch, anyone positioning to catch the break out of the ST forming in the ES?
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    Mark to Fantasy, new Level 3 "Fair Value"

    Recently the Financial Standards Board, the private group charged with coming up with rules under which publicly traded companies must report their financial results, issued Statement 157 entitled "Fair Value Measurements." (1) Up until this time companies could generally use either "mark to...
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