My bad. I meant to say IBD. LOL. As in investors business daily. They have very large investor groups that meet in every city in the country and there are a lot of hard core traders in those groups.
Brass, why do you insist on commenting on his politics? As Martin said, I highly doubt Arnold is either a republican or democrat. Same for PTJ, Steve Cohen, etc. Most people get behind who they think will win. And they generally are not ideologues.
I think you going to discover that very few people on this board actually trade. Tampa has a fairly affluent retirement community but not sure how you are going to reach them. Perhaps try an IMDB group.
King, I'm curious, why only a scalp? You are taking the same amount of risk as a long swing trade off the monthly A down as an intra-day trade except that long swing trade probably has 50 pts of upside for the same risk as an intra-day trade.
It looks like Tech is going to lead this market lower. Confirmed monthly A down and AAPL will probably crack as well.
Bonds approaching the monthly A up at 144'13.
We are at key levels everywhere across the board...ES, ZB, CL, AAPL, etc. The line in the sand is right here right now.
Here's the more interesting question. In the past there has been a pattern of guys that make billions exploiting an edge and then retiring and then becoming a mouth piece in Washington for shutting that edge down. The same old story usually involves the billionaire who suddenly sees the errors...
This is exactly right. They are basically a perk. Big money clients pay out the nose in fees and this is one of the benefits. They are not paying 6.95 a trade.
You can't compare Goldman to John Arnold. John Arnold was not making markets in structured products. He was taking huge bets with mostly standardized contracts. Absolutely no comparison. Zero.
Speaking of natural gas, here are some of the names in that space that have been trading well this year despite the sharp selloff in natty.
CPNO, NGLS, NI, EPD, OKE, EP, WES, LNG, GTLS, PXD, CQP, HK, SD