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  1. R

    Arbitrage type strategies.

    Shorting spooz the instant oil futures make a big runup.
  2. R

    Nasdaq Busts and my $11,000 story

    <b>Annulled</b> is even better.
  3. R

    OUTRIGHT vs. SPREAD trading

    Understatement of the year, when you consider options spreads. Short one GOOG Jul 280 put, and your margin requirement is about $6,600 (If you're lucky enough to get exchange minimums. Many brokers will require over $8,000 margin on this position.) Add long one Jul 270 put to complete the...
  4. R

    Nasdaq Busts and my $11,000 story

    You think <b>you</b> feel shitty, imagine how the guy on the other end of that bust must feel!
  5. R

    Party Poker IPO...

    Party has established a history of refusing to make payoffs to gangsters. When the hacker mafia was constantly launching DOS attack on the Party network, crashing their system almost every day, Party still didn't pay. I doubt they'd give the far more unsavory GOP mafia a dime either.
  6. R

    Party Poker IPO...

    I'm actually kind of glad that poker is now gone from my life. I was making good money (Not as good as daytrading '98-'00, but nothing compares to that magical era), but professional poker was the most monotonous and boring work I'd done in years. Not all pros suffered the severe mental...
  7. R

    Hunting & gathering mindsets

    I could swear, I read that line in Market Wizards.
  8. R

    Party Poker IPO...

    When did party drop the Kahnawake Gaming Commission? It's news to me.
  9. R

    Party Poker IPO...

    Hiya DFM! Is your poker P/L for Jan-Jun '05 even HALF of was it was Jan-Jun '04? Poker is OVER for me, and for most of the people I know who were able to make a big hit in '03 and '04. Playing on party now would feel like trading CMGI & YHOO in 2001. http://tinyurl.com/99s4z
  10. R

    Party Poker IPO...

    My post here 1 1/2 years ago: http://www.elitetrader.com/vb/showthread.php?s=&postid=403324 It dried up even quicker than I thought. The shark/fish ratio has deteriorated to the point where I haven't even opened the software in weeks.
  11. R

    Party Poker IPO...

    Very accurate post, except the part about the IPO doing well. Too many people deal with this company daily, and know how badly it is run. Party is still rated #1 on pokerpulse.com...but ask Planet & Pair a dice how fast that can change. The following is a REAL conversation with Party...
  12. R

    S&P Rebalance Friday???

    Thank you for that clarification! I was having trouble understanding why front month GOOG OTM calls were so 'cheap'. Now it all makes sense.
  13. R

    S&P Rebalance Friday???

    GOOG June 300 calls are trading at just $0.20, one day before the rebalancing announcement. Obviously most MM's & traders don't expect GOOG to make it in this quarter.
  14. R

    Freedom of Religion gets the axe

    Another blow to Freedom of Religion could come from an unexpected source on Monday- the Michael Jackson trial. Jackson could be convicted of serving alcohol to a minor and sentenced to 12 months in prison on this count alone. Now, I'm not saying he shouldn't be punished for sex crimes against...
  15. R

    How to Scalp Any Market & Profit Consistently

    You can ask Vad yourself, he posts here all the time under the ID Threei http://www.elitetrader.com/vb/member.php?s=&action=getinfo&userid=8274
  16. R

    Day Trading stocks with Infinite Funds, controlling the market

    Thanx for your kind words 'Dro. Fx, I was once a young cocky trader as well. Despite my early self-confidence, I knew that listening to older, more experienced successful traders had much value. How old are you kid, 22? Talking without listening is a serious shortfall.
  17. R

    Day Trading stocks with Infinite Funds, controlling the market

    Hey smartass: Not only did I know it was a scam all along, I shorted the shit out of the OTM calls that Friday and covered the next week. <b>And</b> I posted the trade in real time on ET. http://www.elitetrader.com/vb/showthread.php?s=&postid=743717&highlight=hon#post743717 "05-06-05...
  18. R

    Day Trading stocks with Infinite Funds, controlling the market

    Well, there's a right way and a wrong way to do it. Take for instance the Friday takeover rumor scam. Honeywell is a very liquid stock, trading about 4 million shares a day. On Thursday/ Friday May 5-6 the manipulators eaisily and quietly picked up millions of dollars worth of HON stock. That...
  19. R

    Day Trading stocks with Infinite Funds, controlling the market

    Two Words: Nick Leeson. Bullying/propping up the market doesn't always work. Soros has had his successes manipulating currencies, but only when he has the fundamentals working in his favor in the first place. (Ringitt overvalued, etc...)
  20. R

    Freedom of Religion gets the axe

    Pay attention to the method the government uses to confiscate our rights. At first they come after the unpopular & weak. Joe Public reads this news story, shrugs and thinks: "Well, it does kinda violate the First Amendment, but I don't like witches. None of my friends are Satanists or witches...
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