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You will observe avi that I prefaced the possible resumption of the discussion with a descriptor - "fun". Thinking is fun and it need not have of necessity anything at all to do with the simple mechanics of trading as it relates to trend determination and price action. We both know the...

Partial quote from this thread, lj, 2-18-08: I could go on a bit further but I think that what I've said is enough crap for today and probably a few days to come. A few days have passed and I thought it might be fun to restart the discussion if anyone is interested. PointOne's thoughts about...

Decent piece from Mauldin with his take on what's up with oil. lj

Quick PD piece from FT re BOC plans to diminish liquidity. Will be interesting to see what happens if they do. lj

A Jewish friend of mine checks Haaretz as a counterpoint to JP. Didn't see anything "obvious" about the Shrubster and tricky Dicky. The poli-sci crew views an Iranian Bush bomb as the perfect 'fuck you very much' for whichever Democrat inherits the WH. lj

Actually RhinoGG if you look carefully you will see that firstly, I thanked him for posting the article in its entirety and secondly, if you look even more carefully, you will see that that I first posted a link to the article on 5/6/08 in an 'Economics' thread. On 5/7/08 sstrader, having...

Please understand Mr. Lorax1234 that I am not saying that all of what you said is crap, since it isn't. I am simply saying, that things aren't so simple as S/D and getting reamed by the Fed. lj BTW: If you want a little conspiracy stuff check this out. Even if the whole thing is...

The man has a problem with the Benster. lj Fed Balance Sheet Worries Volcker Ex-Chairman Sees Fed's Independence Hurt by Credit Steps By GREG IP Former Federal Reserve Chairman Paul Volcker said the Fed's independence could be hurt by the wide variety of assets it has taken onto...

lj

Part 2. Amaranth traded natural gas contracts on both NYMEX and ICE, the two main U.S. energy exchanges. NYMEX is fully regulated by the Commodity Futures Trading Commission (CFTC), but ICE is exempt from regulation under the so-called Enron loophole that exempts from CFTC oversight...

Here's the Senate SC Report on Amaranth. It appears to indicate that SIZE is important. I know it's a bunch of pols but clearly they thought Amaranth's speculative activities jacked up the NG prices. I've split the report into two parts. June 25, 2007 INVESTIGATIONS SUBCOMMITTEE...

The 'why' in my statement referred to the fact that given how you perceive the technicals, then 'how' can this be so. It was not a philosophical query. I thought the CFTC had in addition to trader type also the magnitude of position holdings by major players? This transparency is not...

Thanks to sstrader for reposting this article in full. You make some good points CS and seem to be saying that you question why ICE should be driving NYMEX. Is not the essential problem the lack of transparency with respect to who is holding what and how much is involved? Will this not affect...

Thank you for explaining your sNDX. It makes sense. I agree that it is possible to predict where the H and L of the day probably will be using various types of information. I have employed variations on a theme of Taylor to do this and you no doubt have your own set of rules. I...

If I'm reading you correctly you are saying that a 'major intraday turning point' is synonymous, though not singularly so, with "strong S/R"? Alright then we have a point to discuss. Parenthetically, I do believe that my experience with the espousers of the CW S/R dogma has taught me...

Hypostomus, In the interests of encouraging a meaningful exchange of ideas, as opposed to something else, might I ask what you mean by "strong S/R" and what it is you believe that JH's bullshite signal does at such places? In other words what are your criteria for the former and what is your...

FWIW, for today, indexarb's FV offset [-4.75] iterated to -8.75 = -9. Right about now watching that YM LM. The boys are finishing that third martini and should be joining us shortly. Which way will it go (heh, heh)? Let's see is it an "ibot unless ftt/fbo" kind o' thing or will we rely on...

In the post immediately above I was being sarcastic, ironic, whatever because what Goldman says about oil prices is pretty much diametrically opposed to what Engdahl says. If there is no oversight on how oil is traded (basically no COT-like reports) then how can one say that the price hasn't...

Thanks sttrader for correcting that link. A voice of reason in this confusion [already mentioned in several threads but worth reading]. Italics/bold = mine. lj

Reposted from "Economics" forum: Below is a link to an article by F. W. Engdahl concerning the manipulation of oil prices. He goes into some detail about the involvement of various exchanges, the CFTC, US investment banks, large hedge funds and large pension funds. He concludes that there may...