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  1. M

    Another huge intraday range today

    Thanks for the kind advice everyone. I will now rework my trading methodologies to be profitable and make huge $$$ like everybody else on 0.15% range days like today. Thanks again :p
  2. M

    Another huge intraday range today

    What is it, like 3 points in the ES? What a snoozefest...
  3. M

    Warren Buffett's interview on CNBC..

    As of Dec. 2006, He (Mohnish ) has returned an annualized 26.2% since inception in 1999, not too bad...
  4. M

    IBKR opens @ 50 or so.

    LMAO!!! :D
  5. M

    IBKR opens @ 50 or so.

    Congrats Michael, it's down to 30.01 on my screen right now, -4.1%
  6. M

    Warren Buffett's interview on CNBC..

    Looks like Mohnish Pabrai applied. He's an amazing value player. More: http://setup1.wsj.com/article/SB117769304545985007.html?mod=index_to_people
  7. M

    everyone on ET is a bear

    Great call bro, couldn't agree more! $$$
  8. M

    everyone on ET is a bear

    lol I was thinking the same thing
  9. M

    Rise of the Machines, Part IV

    Oops sorry forgot :(
  10. M

    Rise of the Machines, Part IV

    `Next Frontier' Dhar says AI programs typically start with a human hunch about the markets. Let's say you think that rising volatility in stock prices may signal a coming ``breakout,'' Wall Street-speak for an abrupt rise or fall in prices. Dhar says he would select market indicators for...
  11. M

    Rise of the Machines, Part IV

    On an overcast Monday in late January, Kearns is at work in his cubicle on the eighth floor at Lehman Brothers when a few members of his team drop by for advice. At Lehman, Kearns is the big thinker on AI. He leaves most of the actual programming to a handful of Ph.D.s, most of whom he's...
  12. M

    Rise of the Machines, Part IV

    http://www.bloomberg.com/apps/news?pid=email_en&refer=home&sid=amK25dKbMrhQ HAL 9000-Style Machines, Kubrick's Fantasy, Outwit Traders By Jason Kelly May 3 (Bloomberg) -- Way up in a New York skyscraper, inside the headquarters of Lehman Brothers Holdings Inc., Michael Kearns is trying...
  13. M

    Interest in Index Futures

    In simple terms: Future price = today's share price + interest costs - dividends received
  14. M

    Markets need to correct

  15. M

    Markets need to correct

    As long as every minor dip can be bought blindly with impunity you will have no major correction. Dip buyers need to feel like a kid touching a hot plate a few times before we can have a major correction.
  16. M

    Sell with Impunity - No Risk!!!!!!

    $$$ :D
  17. M

    Sell with Impunity - No Risk!!!!!!

    Good luck finding a better explanation :p
  18. M

    Sell with Impunity - No Risk!!!!!!

    From squeezed shorts that have to cover. They get burned and then try to re-short on the next dip. Rinse and repeat.
  19. M

    S&P Blowoff Top?

    $$$ :p
  20. M

    Sell with Impunity - No Risk!!!!!!

    That would be too obvious and rational. I put my money on green.
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