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  1. M

    FXP _ "Ultra Short" or "Ultra Long" ETF ??

    SSE is made up of 180 Chinese stocks listed in Shanghai vs FXI which tracks the 25 large caps traded at Hong Kong prices. Frustrating for the OP nevertheless.
  2. M

    FXP _ "Ultra Short" or "Ultra Long" ETF ??

    HSI was up. It is a convergence of prices as the china stocks in Hong Kong had been trading at a discount to the prices in Shanghai. Now that there is more access allowed to Hong Kong market from the mainland and more access to the Shanghai exchange by foreign firms they are arbing the prices in...
  3. M

    FXP _ "Ultra Short" or "Ultra Long" ETF ??

    Inverse Ultra ie trades double inverse of the FXI. FXI up 3% FXP down 6%. Most of the stocks in the FXI are traded in Hong Kong and so FXI tracks the Hang Seng not the Shanghai index like CAF.
  4. M

    Anyone paying attention to the collapse in LEH

    Just read on Minyanville Buzz that end of March is when the IBs have to mark bonds to market and that could force writedowns and the need to raise capital. No surpsrise that the new Fed loan facility is set to go active today days before the end of the month. So, what if someone knows what LEH...
  5. M

    Anyone paying attention to the collapse in LEH

    Strange maneuvers is putting it mildly. If they hadn't accounted the writedowns others took against positions with LEH they would have shown a loss last earnings rather than a profit. The way the stock has been acting while the rest of the market has been bouncing has been about as clear a tell...
  6. M

    Anyone paying attention to the collapse in LEH

    I was in the 35 puts until something strange happened yesterday, stock price fell from 43.50 to 42 and the price of the puts went down from 2.45 to 2.15 as someone well selling them and took me out of my puts. Lo and behold about a half hour later the selling in the stock stopped (probably...
  7. M

    Anyone paying attention to the collapse in LEH

    Looks in serious trouble.
  8. M

    ABX Indices stuck @ lows

    The ratings won't matter as by the time they downgrade the Fed will have bought all that toxic paper, then the banks can all increase their earning projections based on the Feds writedowns according to the bizare new accounting rules (see how LEH jacked up its earnings last quarter using these...
  9. M

    Is this called front-running by broker?

    Massive front running going on in LEH today, could have been the seller but whoever it was wasn't trying to be subtle.
  10. M

    Explain Why Your Life Is So Bad

    People who post negative articles are not saying that their own situation is bad but that their expectations for the economy have not been fully discounted by various price mechanisms. I have had a negative outlook on the economy for the last few months and my own situation could not be better...
  11. M

    Are you more intelligent than most people here?

    Is this a trick question? I suck at multiple choice, where is the "All of the above" option?
  12. M

    'I cashed out my 401(k) to survive'

    I feel for these people but that is globalization for you. You can't do a menial job in the US and expect to get well paid for it when there is a guy living in a tin shack eating rice every day of his life and walking to work and kids walking to school who is thrilled to do the same job for 10%...
  13. M

    GET THE HELL OUT

    http://news.yahoo.com/s/nm/20080325/bs_nm/usa_credit_goldman_dc Goldman sees $1.2 trillion global credit loss, double what they were calling for a few weeks ago.
  14. M

    GET THE HELL OUT

    Case in point: My heating oil cost 1 month ago was $3.25PG, this month was $3.66, or a 12.5% increase in one month and I am paying about 20-40c less than most residential customers as I buy the oil through a commercial account.
  15. M

    P&L since beginnning trading

    So, after posting this how many new ET "bestfreinds" do you have? :D
  16. M

    Taking $1 to $10M+ in one day...

    For god sakes Rocko, please, please, please, use a simulator and paper trade that roulette strategy first. Only after 2000 spins of the wheel should you even attempt to belly up to a real table and even then start out at the 1c tables at your local church's casino fundraiser night! Remember...
  17. M

    Taking $1 to $10M+ in one day...

    Wow the risk reward of the trade just gets better and better!!!!!!!!! Indicators, we don't need no stinkin' indicators! Its all about the ball action. Personally I like the Hershey astrological formula that states that, and forgive me for paraphrasing here but Hershey's stuff can get very...
  18. M

    Taking $1 to $10M+ in one day...

    Margin!!! Never touch the stuff, I am a very conservative trader :D
  19. M

    Schindler Trading

    Pretty unethical practice if you ask me but I guess if everyone does it is OK, right?
  20. M

    Taking $1 to $10M+ in one day...

    just need to buy a powerball ticket with the right lottery numbers the day of the draw.
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