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Because that's the model. Just keep selling and then forget about all of them as you start "new" shorts at higher levels. Also, nobody is tracking the roughly 2% ($33/yr) in dividends liable to anyone short the SP500. That's why the futures spreads are negative. He hasn't subtracted that...

not surprised.

I'm still on Windows 3.1. Time tested.

Nobody be a messin wit da vampire squid...

You wouldn't perhaps be a close relative of Ted Kaczynski??

lol!!!!!

no, I'm "a long", waiting for some parabolic short covering. You?

Staying short 5 units?? Forever?? Expecting some TARP money to cover margin calls?

Futures equivalent close in SPX is ~1694. Next target 1937. Moonshot of biblical proportions.

DTN/NxCore. Will do what you want.

From the greatest trading movie of all time- Billy Ray Valentine: Oh, see, I made Louis a bet here. See, Louis bet me that we couldn't both get rich and put y'all in the poor house at the same time. He didn't think we could do it. I won. Seems there is some applicability here!!!! Booooya!

We HAVE a WINNER!!!!!! 1687!!!! DING, DING, DING, DING....

true dat!

Only wealth destruction I see for the past 4 years is that of the shorts.... Faber? How much money has he made for his clients recently?

1680 SPX. To the moon and beyond!!!! The market will top with a parabolic short covering expansion. A 3 day event +15, +28, +60 SPX. Not sure what level it will happen from but then AND ONLY THEN can you short this. Good weekend to all. Ciao.

Market is what it is. Drugs or not. Edge everywhere. Get some.

Got that beat.... Pitched mostly yesterday.

Martingale only terminates your trading career if you can't fund an infinite number of adds/doubles. We all know that the trader at hand has infinite funding so no chance of a blowout... Wait... who is kidding who???? Ride-em-cowboy! To infinity and beyond!!!! Yippe-ki-yah mudda plucker!!!

"Fucking nuts" as you so kindly put it is staying on the wrong side of a trade to the point of financial ruin. As traders, our function is to work with what brings food to the table day in and day out rather than to intellectualize the macro structure of which we may disagree. That crazy...

No, the 1687 target was not "just as good", it was "Far better" as it has turned out!!!! Rock on with the endless buyers!!!!