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It sounds like that is how much the vendor made selling his covered call hype to the newbies...

To be perfectly honest, alot of the stats that are thrown around about 20% correction this or that are just semantics...With the volatility of this market, and with 25% 3 week rallies, its in a league of its own and will be defined by its own terms...The only thing any market historians can...

It would be priceless to see the expression on your face and the stain on your chair when there is a price shock and you get Neiderhoffer-ed... Good luck schmauck

you might want to look at the movement of spreads and options...

yeah, they must have hired Tom DeMark for some consultancy on "branding"...

I have to agree with the statement that one of the bigger obstacles going forward will be the fact that they do not qualifify for the 60/40 tax split...After all, this is a futures contract, it makes no sense to simply tax this as an equity...

DVOL...first derivative of volatility...

Because most people are neurotic

If Tom Robbins were an e-mini trader hanging on Elite Trader 16 hours a day, I have a funny feeling he would sound alot like Tampa... Tampa: your imagination and ability to bring to life truly random events and thoughts is becoming more and more impressive...

Crabel has his offices in Milwaukee, WI...If you do a google search you can actually see pictures of the office on the architect's website... IMO, the larger fund managers who shoot for the low returns with low drawdowns are very savvy...Its not that I admire the returns, per se, but I do...

I have never heard that her trading record has been verified. In fact, there is little mention of the fund that she started which dropped approximately 49% before it was closed. Many people have approached her reputation with a healthy dose of skepticism over the years...I cant think of...

that was 1999...That is not now...That was back when I was still a beginner...Just my observation and experience regarding how that stuff affects the psyche

lol, this is very true, I hadnt even thought about Fran Tarkenton in awhile...

might as well close 80% of the threads these days...We've got a bunch of juvenile delinquents hijacking this site...

yeah, the worst part of it all is poor Joe Thiesmann, who always seemed to be a class act, is sitting there nodding his head and playing the sucka for Waxie...That just aint right...At the very least, Waxie could have picked up one of those assholes who do all the other infomercials, not Joe...

Actually, the relationship between technical glitches and those "7 Deadly Sins" is not that much of a stretch...I distinctly remember back in 1999 using IB and having the frequent disconnects while having too much size on in the markets...To make a long story short, the disconnects became like...

Even after Aphie has exhausted his current reserves, he's still going to have his little computer and will be lecturing us about his expertise in options and statistical data mining... oy vey...

the subtlety of sarcasm has eluded you...

As strange as this may seem, the SPX is correlating very closely to the extended move off of the lows in October, 1998. If you can do a simple "raw" overlay between the two time periods, you will see this quite clearly...

Actually, a fair number of these guys have been getting knocked over the past few years. If you go look at the CFTC website, you will find all sorts of crooks who were running these PAY PER trade services...What is most interesting is when they releases the judgment summaries...Usually they go...