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  1. M

    Everyone makes money in ET

    I'm safe then as I lost money today :) well, all joking aside I'm not really that happy about it :(
  2. M

    Timing Journal

    Stopped out the short oil. Looks like I made a mistake thinking that it was going to follow weak equities (inventory surprise notwithstanding), instead it looks more like a USD proxy.
  3. M

    Timing Journal

    Still holding, took stop off for the open but will get stopped out if goes above 123 again today.
  4. M

    Timing Journal

    Added 110.700
  5. M

    C

    Perhaps you guys need to read this blog and stop talking out your asses, not that you are the only ones ofcourse, a lot of that going around these days. http://mrmortgage.typepad.com/blog/ Oh and by the way C had to agree to cover the 1st 20% of losses to get the deal done.
  6. M

    You Lucky Bastards: FMD

    Maybe Susanna could lend you hers :D
  7. M

    Former Lehman Executive Officer Tells All on Youtube

    I knew it was bad but had no idea that they were that irresponsible. When he was rolling off the loan criteria I kept thinking that the rates must have been sky high for those loans but apparently not, apparently they were very low. Makes a joke out of all the Fed programs to date. More pain to...
  8. M

    Whipsaw Song

    Nice to see Traders having some fun and enjoying a bit of a jam, each to his own as far as musical taste goes but this brought a smile to my face.
  9. M

    GET THE HELL OUT

    This may be of interest: http://www.investorsinsight.com/blogs/john_mauldins_outside_the_box/archive/2008/04/07/asleep-at-the-wheel-or-how-i-learned-to-stop-worrying-and-love-the-bomb.aspx FWIW I initiated a small position in MAY QQQQ puts today and plan to add to it this week (my dilemma is...
  10. M

    Timing Journal

    Short MOS 120.15 Stop 123 Target 110
  11. M

    Timing Journal

    Short Oil (QM) 108.475 STOP 111.50 (will add at 110.50 if we see it all stopped at 111.50ish). Target under 100. I'm either going to be very right on this trade or very wrong. If we are not going under $100 we will be going to $119 in short order (couple of weeks).
  12. M

    Greenspan Wants Attention: Calls Credit Crisis "worst in 50 years"

    As I have said before, he is now the Paris Hilton of the Financial World :D
  13. M

    AA halted ready for blast off

    I maybe wrong as far as this being the reason but the price of Aluminum fell in the last quarter from the 2800s to the 2400s while the price for its main ingredient Alumina rose. This could have squeezed AA's profits margin and resulted in the lower earnings. Just a guess though. Since then...
  14. M

    Mos

    Blowoff top on short covering?
  15. M

    Am I asking for too much?

    If your goal is to simply make money there are far easier ways than trading with far higher success rates. Retail trading is one of the hardest ways to make money, maybe for you it will be different.
  16. M

    Banks are overwhelmed by foreclosures

    You just have to laugh as if you get mad about this shit you will give yourself a stroke and be stuck paying for all this crap AND have drool dripping down your chin.
  17. M

    Options Trading

    I have been using optionshouse for a month now their flat rate commissions have already saved me thousands. Haven't had to use CS yet but they tout themeselves as having expert CS so they might be helpful. I recommed the original Options Volatility and Pricing book by Natenberg once you have...
  18. M

    numbers horrible--lost 80k jobs

    -80K despite the fact that they added 142K via Birth/Death. Is the real number -222K?
  19. M

    Non - sensical ramblings of a stock trader...

    You certainly described very well what I think most traders will have gone through at some point in their career, I know I have and it is why I trade 1/10 the size I used to. Not surprisingly I am more consistently profitable and my quality of life is incomparable because of that one change...
  20. M

    Everyone makes money in ET

    I think Susanna must be very young or very sheltered if reading ET has exposed her to what are for her new lows for the human race, if only ET was the worst that we humans were capable of... My guess is that she is not a profitable trader herself, to get so emotional about silly nonsense on...
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