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So, is anyone here interested in hearing about my next market call? Ok, I'll take that as a "yes"... but it just came to me today, and I need to build my position first before I can spill it here. Basically, I think I just noticed one of the the next companies about to get <i>Eastman...

Yes, but you don't have nearly as many concepts to work with. Also keep in mind that short term trading <b>used to be</b> my main thing. Those HFT algo dudes drank my milkshake and wrecked all the old repeating patterns via over-exploitation.

This post is intended for that one dude (at least... there's always at least one) who's just sitting there right now with his face turning red, totally stewing at my horrible 'inappropriateness'. He doesn't want to start shit after seeing what happened to the last five guys who tried that, so...

Lol at human nature! Everyone just totally lurves the cocky, handi-capable dude who manages to overcome adversity and get himself a pile of money and a hot chick even though fate dealt him a lousy hand. Now all I have to do is NOT shoot my wife three times through a door and then claim I thought...

I don't mind that one... So first let's completely exclude very short term quick hits that wouldn't even be worth posting here, because seconds matter so much in those types of trades. Now quick hits aside, I'd say that I get way fewer serious conviction plays per year than you do. Probably not...

If I had any strong conviction predictions right now, I'd certainly provide them here. You guys are cool, and you deserve it.

But it's not the most amazing market call I've ever made. :D This was: http://www.elitetrader.com/vb/showthread.php?s=&threadid=73601&perpage=10&highlight=dakt&pagenumber=5 <b>08-15-06</b> I had it sized up nicely, and the thing ended up collapsing to the low 20's the next morning...

Yes, life can get pretty complicated when you're the <i>Oskar Schindler of junkies.</i>* There are seven people who comprise my 'inner circle' of relatives and friends. Every single one of those seven can tell you that what I have is truly a problematic solution, not a drug problem. How many...

Good to see everyone too. Not really sure why I went away in the first place. As for how I'm doing, the past three years have been (relatively) decent health-wise, but not career-wise. (I never did recover from my last blowup in Oct. '08). But that gold trade <i>did</I> quintuple my badly...

Never did get big in this one. Just exited at $2.97 and $3.01. Consider the other month $VIX spreads to be closed out too. There are no longer any open positions from this journal. That's the one flaw with these public market calls: Once I'm already up a good amount on a position, I have...

Well, Christian or not, the friendly Moose Limbs still <i>did</i> have a hand in this bombing. The entire pressure cooker bomb recipe came from Al-Q's website.

Overheard at a D.C. area dive bar... Loud drunk guy: "Do you know who I am? Doesn't <b>anybody</b> here at least recognize my fucking face? No?! I'm Tom Daschle Goddamnit, and people used to mail <b>ME</b> envelopes full of poison! Seriously, I used to be someone. Fucking google it if you...

Gold spot= $1363.60. I'm now 100% out of all metals positions. Thanks a ton to everyone for all the encouragement, and I will talk later because I still have to decide how and if I play the metals long for a bounce at some point....

I had planned to hold for months, but with spot now down at $1379, I have put out a bunch of limit orders to liquidate that have been filled. I'm now out of most of the position, consider it closed here, will write more when I have time...

"Speak of the devil, and he will appear" :D

Satchel, I look at it differently. IMO, when the fed starts slowing down the printing presses, that will mean we are just one step away from rate hikes (=more attractive bond yields), instead of two. Another thing is that I'm focused exclusively on bullion prices, not the stock price of...

Good articles, thanks. I had read about Goldman's downgrade, but I hadn't seen the NY Times or Fox pieces. Note that I expect a more drastic decline than Goldman ("$1,390 within a year, and $1,300 by the end of 2014") or SocGen ("$1,375 by the end of the year"). <b>I'm actually looking for...

Here's another similar one I just put on, already filled: Jun '13 $VIX debit call spread: Long 12 calls Short 18 calls Debit: $2.51 Edit: Again, this is a small 'probe trade', and I'm probably a few weeks too early here. Just setting the table for a much bigger position to be put on...

OK, now I have another one: $VIX Call debit spread. Expires: May 21, 2013. Long 12-strike calls, short 17-strike calls. I was just filled at debit: $1.90. Edit: I'm just taking a small 'introductory' position in this today, with the intention of adding a lot more at some future date to...

Gold spot= $1569.00 Silver spot= $27.58 One couldn't be blamed for wanting to take something off the table here. I've just cashed in some smaller, shorter term gold short positions that I don't get credit for, because I didn't previously mention them here. Edit: By the time I hit enter...