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    Zimmerman's bail set at $1M in Trayvon Martin case

    We're not talking about the outcome of the trial, merely about whether he should be charged. The trial will be determining the rest of it, and I doubt his priors, such as they are since he somehow, can't imagine how, managed to get charges dropped every single time before this one as well as on...
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    Zimmerman's bail set at $1M in Trayvon Martin case

    Yeah. I think where we have a difference here is: without all the other crap it's pretty clear Z wasn't prosecuted because, once again as he did in prior episodes where he got in trouble, his well-connected father intervened and got the charges to be dropped. You guys never seem to connect the...
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    Zimmerman's bail set at $1M in Trayvon Martin case

    Well obviously. That's a pretty silly hypothetical. It's like asking if I'd support prosecuting some Democrat if he were caught committing mass murder. It's common for murderers to claim self-defense. What's highly unusual, at least in the other 49 states, is for the cops to believe the guy...
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    Chris Christie WILL NOT Be the Republican VP Candidate

    Don't know much about this guy, but on the assumption he is sane, he would therefore have no chance. They need a firebreather. Both parties almost always put one in as veep, so the top guy can be sane & rational for the middle, while the veep candidate keeps the base happy. They'd be nuts to do...
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    Option Liquidity formula ??

    I only look at total volume (puts and calls) and total open interest. What the volume is in the underlying doesn't matter much. I weight total volume more than open interest when looking at this stuff, but I never tried reducing it to a math formula. Volume to me is a better measure of liquidity.
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    People Are Finally Figuring Out: Austerity is Stupid

    I see the fractional reserve/fiat bs is getting floated around now (as if any commercial civilization ever had a so-called 100% reserve requirement), along with illiterate ravings citing the notional value of derivatives with no idea that this is a pretty meaningless number. Oh well, it was a...
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    3000+ heat records broken this weekend.

    I stopped a while back, but I used to keep a local record just by looking at the avg temp recorded on my electric bill. Interestingly, this flattened out from its usual warming trend about four years ago, and began spiking again about two years ago. This coincided with an unusually quiet period...
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    Zimmerman's bail set at $1M in Trayvon Martin case

    Dunno about your initial question there, but in this case the bond was set in the context of assets he had because of the donations and what appears, on its face, to be actions tending towards a plan to vamoos. (Which for him would be doubly hard since as soon as he presented that new passport...
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    Why do you think the VIX is so extremely low??

    What he said. We are talking about options vol, after all. *The op IS The Resident Genius, inn't he? Just wondering, is all....
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    Why is this market incapable of crashing??

    CRB & the DJ UBS indexes both went through the 50 dma like it wasn't even there. Pause is inevitable of course, but it looks like a breakout to me. Any one commodity, like CL, might not do as well; CL is right at the 50 dma and was down today even though both the CRB and the DJ UBS were up...
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    Why is this market incapable of crashing??

    Hmm, didn't know this guy was The Resident Genius. Oh well. You do realize one of these doesn't go with the other. Timeframe, by the way? You do have one?
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    Why is this market incapable of crashing??

    1360 was pretty obvious resistance on the way back up. That was busted a few days ago, as I recall. Absent a major drop below that level, IMO the trend is now up. Maybe tomorrow's employment report will give us a chance to test the strength of support at 1360, if it's a bad one. Back here in...
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    texas republicans. you have to just shake your head and marvel at the ignorance.

    Missed this. So... Except there ain't that much illegal immigration anymore, number one, and number two, bullshit anyway. Immigration is the lazy man's scapegoat for this stuff. I know this is P&R, so posting rational stuff is strictly forbidden, but I get so fucking tired of this...
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    Global Macro Trading Journal

    Good stuff. Thanks for posting that.
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    Delta hedging(which vol to use)

    Have you taken a look at the equity curve for VXX? You don't avoid decay when you buy VXX; it's more like you embrace it. There are a lot of strategies for going long volatility, and anyone doing so would, one hopes, only have a time horizon measured in days anyway. VXX isn't giving you any...
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    republicans oppose teaching of “critical thinking skills”

    More like early civilized man. We're talking literate city-dwellers with a sophisticated agricultural system. Anyway, not interested in this oddball obsession you have. Just figured I'd point out some historical background stuff as a general point of not much, this being the weekend...
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    republicans oppose teaching of “critical thinking skills”

    Kings is an excellent primer on what the Dark Ages, you know, knights in shining armor and all that, must have been like. In reality, those knights were what we would today call warlords, and the hair-raising stuff you see done in Kings is pretty much what they did. The Crusades were in part...
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    Obamacare Upheld !!!!!!!!!!!!!!!

    No, you're missing the point. Yes, through Medicaid and Medicare we're already doing that explicitly. But it gets better: the average corporate employee, through his plan at work, is being paid for by the (alleged) traders on this forum. Notice they never actually bring that up. Is that...
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    Obamacare Upheld !!!!!!!!!!!!!!!

    ...and this is bad because....
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    Big down move today. What's next?

    Looks like Europe actually managed a solution, at least for the time being. Definitely under the category of "will wonders never cease." But, need to crack 1360. Doubt it happens today. If there's follow through next week and it goes, throw the bear under the bull.
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