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Believe it or not, I used to party with Engler's grandson in high school. That was fun, always a big, nice house and the parents were never around. You must be from around Tulia or so, give or take a small town or two. I'll send you a p.m. in the morning. The next couple trading weeks are...

Shit man, I graduated high school from Canyon, TX. Living in Dallas now, in B-school at SMU. My friend does not trade in the pits, he's in the cattle biz (among other things), and hedges his inventory, and spec trades through Tejas Trading in Amarillo.

Primarily. I started in equity options, and recently crossed into the futures market, mainly ags, at the urging of a friend of mine who trades cattle in size. I'm still pretty green to the ags, and have spent alot of time trying to find a decent edge or system. My "bag of tricks" has grown, to...

Sorry, I should have included a disclaimer that barred people from looking at the price axis for the current LC prices. The forecast doesn't share the same Y-axis as current LC price. I'm not calling for a specific price low. I only try to forecast overall trend with major/minor turning...

Updated Forecast

This will quickly become the next Iran vote contra. It will fizzle out in the coming weeks, as no one has the gall to stand against the giant.

Not a very big vote of confidence. Gross is a very smart man, and I think his actions speak volumes.

Carbon markets will be yet another realm controlled by Goldman. Oil will continue to be controlled by Goldman. Either way, Goldman wins.

I used to disregard volume. That was foolish of me, and I wish that I had begun watching it earlier. I would seriously suggest that anyone who thinks volume is "unimportant" or "too much info" to take a week or two, and watch price and volume only, with all other indicators gone. You will be...

Here's a price forecast I put together through the 14th of July for August Live Cattle futures. It was updated yesterday after the close, and you can see the actual price noted in blue, while forecast is in red. If I'm wrong, I'm wrong. Please feel free to let me know. The numbers above...

Can you truly go "all in" when you produce the chips?

You can't fight the Fed. They've already proven that they will do everything possible to prop up this nation's "confidence." ; )

When everyone has lost their job, the numbers get better. I love it...join at bid baby!

Yes, and boy am I relieved!

Don't worry, they're doing that as well.

Yes to all. SPY is very liquid, and a firm can buy/sell a couple million dollars worth of inventory pretty quick and without a major market impact. Just watch the T&S sometime. All types of trading going on in there.

Oh, the good, old Smoot & Hawley Tariff....they used to believe that it was this that caused the Great Depression.

CBOE put out an article either early this year or later last year about the viability of using OTM puts (or selling OTM calls) as catastrophic event insurance. They tried to market this strategy like it was a layman's CDS. Pretty interesting stuff, makes absolute sense. I'm sure you can...

Hard to believe, but yes, Doms are mouthier than Americanos.

Hopefully, there is some major tax incentive for having your base of operation in Dom. Rep. The only problem that I can see with having to move to the Dominican Republic, is that it's full of Dominicans...who have the uncanny ability to be the loudest, proudest, most annoying bunch of...