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  1. bone

    The fault lines in China's economy have been exposed

    Mostly different underlying. Chinese SOE debt is NOT necessarily tied to a hard fungible asset like real estate, plant, and equipment. You’re talking about thousands of SOE’s - completely different scenario than a portfolio of residential homes. If you’ve ever seen a manufacturing plant...
  2. bone

    The fault lines in China's economy have been exposed

    The Wall Street Journal: When AAA Means Something Different in Chinese. https://www.wsj.com/articles/when-aaa-means-something-different-in-chinese-11605759188 There is now open talk in the credit markets about whether Chinese bond issuers ever meant to repay their bond loans - and that the...
  3. bone

    The fault lines in China's economy have been exposed

    When your largest Companies are State-Owned Enterprises, and there are literally thousands of SOE's in China in every market sector - you can't bail them all out.
  4. bone

    Man wanted in $35M Ponzi scheme tries to flee FBI on underwater sea scooter

    Lake Shasta has 52 degree water temps in November.
  5. bone

    Man wanted in $35M Ponzi scheme tries to flee FBI on underwater sea scooter

    I give you, the Yamaha Sea Scooter:
  6. bone

    Man wanted in $35M Ponzi scheme tries to flee FBI on underwater sea scooter

    I nominate this as post of the month. Pure gold. :D
  7. bone

    Does a good FICO score give you better mortgage rate?

    If you can put 20 percent down that is the really big deal. The real estate market would likely never have crashed like it did if that basic tenet had always been adhered to. The zero down NINJA loan was the match to the Investment Bank toxic asset firewood.
  8. bone

    Day traders will someday be recognized as heroes.

    I'm here for the brunette in yoga pants. :D
  9. bone

    Man wanted in $35M Ponzi scheme tries to flee FBI on underwater sea scooter

    You had me at 'underwater sea scooter'.
  10. bone

    You wanted citations?

    Try LinkedIn, Morgan. You can blog there and you can post articles there along with your resume of work and credentials.
  11. bone

    I am kinda new and want to learn basics for short term trading

    So don't get too bogged down in finding "magic" in technical indicators. They are an important component of my own trading system and I spent years refining and honing what I use - I cannot deny that. What is more important are the criteria (the rules set) that I use to enter a trade and my...
  12. bone

    I am kinda new and want to learn basics for short term trading

    Let me give you an example of technical indicator redundancy: RSI, MACD, ROC (rate of change) and a Stochastic (slow or fast) are all different variations on the Oscillator. Same with bands/volatility and the same for Moving Averages. Having more technical studies does not equate to a...
  13. bone

    NY wants to try a FTT

    1. Incorporating more swing trading into your game might not be such a bad idea regardless, and 2. Crap like this is why Austin/Dallas and Nashville are exploding.
  14. bone

    How low can natural gas go?

    Over the Winter (and the Summer for that matter) Natural Gas is all about the weather forecast. When I traded Commercial Energy, we had a bespoke meteorological firm on retainer.
  15. bone

    I am kinda new and want to learn basics for short term trading

    Paper trade and backtest for a long time before you risk live capital. It will save you so much real $$$. Model longer term data and don't rely too much on oscillators. None of these technical indicators are the holy grail or the final word that's for certain. The biggest mistake I see are...
  16. bone

    NY wants to try a FTT

    :thumbsup: Embrace the gridlock.
  17. bone

    If Biden Shuts Down Economy: 4,000 Point Drop in Dow Jones

    Covid-19 features zoonotic transmission. Sixteen Mink farms in the Netherlands - 720,000 animals. 66 of 97 (67%) persons tested had evidence for SARS-CoV-2 infection who had a connection to the Mink Farms...
  18. bone

    If Biden Shuts Down Economy: 4,000 Point Drop in Dow Jones

    This is way off in the weeds, but veterans care (ie, Walter Reed Hospital) got markedly better when they started issuing private sector healthcare vouchers to the veterans on the long end of the waiting list. ;)
  19. bone

    If Biden Shuts Down Economy: 4,000 Point Drop in Dow Jones

    https://www.bbc.com/news/explainers-53640249 The UK and Europe have very few registered Republicans or Trump voters one could surmise. Locked down.
  20. bone

    If Biden Shuts Down Economy: 4,000 Point Drop in Dow Jones

    Make that a wife beater shirt if you want them to sell.
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