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Nice trade...was there any news just now to cause the Sp's to dump 10 points in minutes?

Whatever happened to that dude myminitrading ? Mr. Superbull himself. Don't see him on here. I miss his commentary. Must have gotten cleaned out yesterday. He reminds me of this stocktrader guy.

Actually this minor bounce from yesterdays bloodbath is not good at all. Really...we were down 415 yesterday and today we are up 75....not much of a bounce. The time to buy will when we have another washout....most likely within the next 2 weeks. A lot of fund managers are gonna use any more...

Some knucklehead on CNBC said he was great for the mkts....was a hero. While 99 % of the time I had no idea what Greenspan was saying when he spoke....at least he had the balls to be honest and take a stand. Bernanke's claim to fame was his mishap with Maria Bartiromo. How this guy...

Bernanke is nothing more than a puppet. Of course he is going to say everything is ok. The guy is really an embarassment. Unfortuneatly when all the negative thigns that are going on unwind, investors are going to get murdered. Yesterdays selling will seem like a swedish massage. It's...

Nothing to do with Patriotic my friend.....been drinking the same thing since college.....Budweiser......not into imports .....although Stella is an excellent beer to get annihilated on...

Must be the shark news.....less sharks is bad for the economy...

Sounds like my lunch everday when I traded in Chicago. Damn I miss those times.

I tried the stuff once....one of my ex bosses loved to go to clubs and buy bottles of the stuff. Not being educated on how to drink the stuff I slammed it back like a shot. Tatsed like any other chanpmagne. I prefer an ice cold Budweiser.

I agree with you on the overbought thing..... perhaps a large fund is caught short and had the means to start something like that...who the fuck knows.

Crystal ? Screw that......I can think of much better things to do with 500 bucks. I thought Crystal was invented for guys who have zero skills with the ladies. That way when they are in a club they can order a bottle to impress chicks, hoping that the girls will overlook everything else...

At least there is some damn volatility today. You didnt respond to my lunch question in time....went with sub....thanks for the help.

I know....crazy huh?

Also a rumor of terror alert being raised......minutes later the state dept denied any raising. I think the SP failing to breakout over 1464 by much caught some new longs in a bad spot..... Just my opinion......I gave up trying rationally to understand how fundamentals affect this mkt.....

Finally have some free time at lunch...have a serious question for you. No more bs. Should I order pizza or a sub for lunch? Not sure if I trust your trading ability....but I think I can trust you ordering my lunch.

Exactly.....now it is being reported that there wll be no raising of the terror alert. Dow will probably close up 50.

Thanks..glad to be back. I know you missed me. Have been busy trading other mkts. Came back in the SP the last few days...actually got beat up in em shorting (I know that brings a smile to your face). Luckily today caught it good after we failed to breakout.....made back 4 fold...

I think you are mistaking perma bears with people who know how to trade. Today was a very big for any trader who jumped on the short side once the Mar EP failed to breakout past 1464. These trades are about as easy as it gets. The morons on tv are blaming this sell off on Iran News...

Like most said on here, the simulator and real live trading have nothing in common on how you get fills. When I traded in Chicago at a big prop firm they had new guys start on a TT simulator. They all did well and put up good numbers on huge volume. When they went live they got...

I guess this Reyes guy didnt notice a name on this thread...I believe Schonfeld has been around a lot longer than 1995.....