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Some things kind of restore your faith in the universe, God whatever. Enjoy!! http://www.nbc10.com/slideshow/news/16868267/detail.html http://www.cagepotato.com/2008/07/14/celebrity-ass-kicking-of-the-day-jose-canseco/ :D "He came out here first class, and is flying home coach...

Quote from Spectre (page 939) Vix 17.83 "06-01-08 01:13 PM 1. oil 2. gold 3. inflation 4. housing 5. consumer discretionary spending 6. politics 7. war some reasons that vol will pick up again." Nice call!!

This is a joke right, who is doing all the shorting, grandma in her ira? If the hedge fund and IB's aren't making any money how are they gonna donate. Who is gonna be in charge of making sure each broker is really locating the stock. Maybe they can create a short locate czar complete with...

Hey Spectre, you made a post a few months back about why volatility would rise. Could you repost it when you get a chance, thanks Mortimer!!:) http://www.youtube.com/watch?v=RAXdie_gifI

Here is a monthly spy chart, that double bottom broke at 126.00. How much of a retrace will be forthcoming? A 50% retrace from the top at 157.52 to the beginning of the bull run in '03 would be 117.12 ouch.

in case you live on a desert island: Secretary Henry M. Paulson Jr. made the following comment today on news stories about "contingency planning" at Treasury: "Today our primary focus is supporting Fannie Mae and Freddie Mac in their current form as they carry out their important mission...

out 123.67

long spy 123.40 tight stop

explain.

ready to trade short bias, fnm at 8.80 crashing big time.

stopped 123.95 area

long spy 124.20 stop under lod.

As an aside I remember that BSC was one of the only banks not to help LTCM. People in the markets remember this vividly I know I do and I am fairly young. I think the higher you go the more political it gets. Sad ending for people stuck with the stock. :(

Been lurking on this thread, have to say the Vanity Fair article is good but too much about CNBC. Anyway, regardless of how it happened it happened. I wonder what the probability of a drop of this magnitude was as of october 2007 when it really started to drop off a cliff. I guess I should be...

Tape Reading Wycoff http://www.amazon.com/Studies-Tape-Reading-Richard-Wyckoff/dp/1596059591/ref=sr_1_2?ie=UTF8&s=books&qid=1215100384&sr=1-2 Taylor Book Method http://www.amazon.com/Taylor-Trading-Technique-George-D/dp/0934380244 Here is a free book that helped me a lot with money...

I have no idea what book wave is talking about. He is vague about where his positions are, so I can see where that irks posters, but it seems to me he is a good directional trader. Anyway none of us have the luxury of seeing each others p and l,which always leads to pissing matches. I find his...

Follow the whales, for me that is tape reading but to each his own. All good or great traders seem to know Wycoff and Taylor Book method fwiw.

out 126.75 little better than break even. Have a good weekend all. :)

still holding, added around 126.50, someone trying to get a touch of 126.00 on spy, close but no cigar.

long spy 126.75 tight stop