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  1. J

    Payrolls to save the day ...again

    Just a thought, who cares about Europe :D
  2. J

    Max daily loss > Max daily profit

    I wouldn't worry about it too much since I've not met a trader, and I know many, whose max daily profit is larger than his max daily loss. Best not to go chasing those losses in this environment. I'm already down big for the day and it's only one hour into it lol, so I'll play it small and try...
  3. J

    Tom Lee from JPM - S&P to 1470

    Saw a lot of selling by clearing member TOML today LOL
  4. J

    Explain todays massive rally eod

    My presumption is that there are more people caught short than those sitting nicely long so your idea that there will be profit taking to send the market down simply doesn't wash. Since when did the US care about Europe? Most Americans think Europe is a town in Alabama lol, this whole Europe...
  5. J

    Explain todays massive rally eod

    Did you know that Harvard did a study which concluded an EliteTrader's bank balance is inversely proportional to their quantity of posts?
  6. J

    Explain todays massive rally eod

    step into reality?
  7. J

    Explain todays massive rally eod

    Oh no, a chick is bearish, it's definitely going up now!
  8. J

    This is my big concern

    Jesus Christ, aren't you the guy that has been calling for 3% up days every other day for the past two weeks???? And now your giving it another go lol. It's taken the market 3 years to realise what every smart investor has known since 2008, everything they do is DOOMED TO FAIL. QE3 just sets...
  9. J

    Trading the Debt ceiling.

    Lol I have the slight feeling you are long. There isn't a done deal yet at all. There is going to be a vote at 1pm, and indeed it is very likely anything will be agreed before asian markets open which means it is even more unlikely anything would have been agreed by the time US futures open...
  10. J

    Futures Hammered but why?

    What's the bet that it crawls up all day closing near the high and everyone claiming there are rumours there have been improved talks on the debt deal? I like volatility but not this kind, where my P and L is in the pocket of the bozos discussing this deal.
  11. J

    Futures Hammered but why?

    +1000 Politicians pimp the Dow Jones for their own agendas.
  12. J

    Futures Hammered but why?

    bwolinsky some excellent points. I can't believe the market took this long to realise this isn't going to end pretty, but what else can be the reason for his dramatic open we've had? Obama wants more tax rises because unlike no other president in history he loves taking money from the...
  13. J

    Futures Hammered but why?

    Has there been any new news regarding the debt ceiling? The futures don't go down 1.5% on no news, very strange, it's not like they just realised there's a debt deadline looming.
  14. J

    Futures Hammered but why?

    Can't see anything on the news, can't really see a reason for this.
  15. J

    What demographic is most likely to lose in trading?

    I disagree, most likely to fail are WOMEN WOMENWOMENWOMENWOMENWOMENWOMENWOMENWOMENWOMENWOMENWOMENWOMENWOMENWOMENWOMENWOMENWOMENWOMENWOMENWOMENWOMENWOMENWOMENWOMENWOMENWOMENWOMENWOMENWOMENWOMENWOMENWOMENWOMENWOMENWOMEN. Mind you I'd argue my girlfriend is 'too big to fail':D
  16. J

    What demographic is most likely to lose in trading?

    Women Women and in 3rd place? WOMAN.:D
  17. J

    FOMC interest rate decision time change?

    Yet another way to kill volatility in the markets. Look at this cr@p. Have fallen asleep already. Roll on the statement zzzzzzzzzzzz
  18. J

    Market manipulation: is it legal?

    If anyone should be convicted of manipulation is that's jacka zz Cramer himself. He described the sell off in 08 as more than a normal sell off and was accusing financial terrorists of causing it. I.E. he was implying that anyone making money on the sell side was profiting and working in kind...
  19. J

    Market manipulation: is it legal?

    No market order is manipulation whether that be 1 lot 10,000 lots or 500,000 lots as you are trading into the market, which is what we all do many times a day. If that's manipulations then I'm afraid we are all guilty of mass manipulation daily. A 10,000 lot resting order doesn't bother me...
  20. J

    Market manipulation: is it legal?

    Market manipulation only really occurs in products which are thin enough to be easily manipulated by a fairly large local or fund etc. I used to trade the Mini Dow and that could be easily pushed around by a set of big individuals. So I went to the E-Mini SP 500 and I find it very very...
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