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I married a full-time professional (South-Side Chicago Irish Catholic) who knows how to throw around nickels like manhole covers. And the fact that she can buy IBM stock at a serious discount to book was a hidden bonus!

BCBS through wife's employer (IBM)

Whoa. Apparently Prime Minister Merkel and many Germans beg to differ. Speaking about post-reunification German society, Merkel called immigrant's refusal to assimilate into mainstream German societal norms a 'disaster'. 2/3'rds of births in Germany are to 'non-native' Germans.

Go to the CME/CBOT website page for interest rates, and in the right hand margin there is a link for "Performance Bond Rates". Once there, select the "Intracommodity Rates" and the "Intercommodity Rates" for the spread margin credits. You will find them to be substantial, which is one of the...

I know very little about the grain markets, but traded alot of energy for a large commercial where we took and made good delivery on a routine basis - power and hydrocarbons. Don't be surprised if a clearing firm asks you to post 'bona fides' - basically, a lien on your commercial assets. Of...

Yes, always use the implieds when it comes to the energy markets. Even if you are offsetting months to arrive at a position, that slippage is miniscule compared to legging those months flat price. Every day I waste crossed contract months doing different calendar combinations to arrive at...

No, you would want to execute the exchange spreads instead of trying to leg the spreads via automation or manually. In the electronic energy markets you will getted flipped and arbed out of it. If you don't believe me, try it with small size. The other issue that comes into play is the SPAN...

Joe and Terry are doing just fine. Compliance is, well, Compliance. Having traded with Gennady for over three years I got to know them quite well! Considering all the dislocation in the industry, those cap changes aren't surprising - they actually have quite a bit of small to mid-size fund...

Sorry, here's the beans. Same deal. Need to take out one of these lows since the rally.

I can definitely see why you shorted the 55-ish level, but you need to take out one of these Daily lows from this week before you can breathe any easier.

"That pure technical whatever "model" works now because the spread is a proxy for the front month's action." Correcto-mundo. I go with the breakouts and you floor guys fade them. Listen guys, for Tuesday the Globex volume in Corn was 486,810 and the Pit volume was 24,984. How is it that...

Statistical Correlations, 2 year daily closing marks: Corn to Soybeans: 64% Corn to Wheat: 80%

Local, sounds like you are the "old crop" and I am the "new crop".

"Like i said, i don't know how you spread trade without knowing the old/new months, carryover basis, storage costs, etc" By design, I don't trade "rich-cheap" for mean reversion based upon fundamental analysis - I don't like the risk/reward skew. I buy strength and sell weakness in the...

I can promise you that there are all kinds of prop traders, CTAs and PMs who are technical traders and consistent participants in the grain markets. I mean, Stevie Wonder could have seen this one coming.

Local, you're asking for ideas and input here with a thread that you started, but you are shooting holes and acting rude to those with meaningful contributions. What is it that you don't understand about taking a buy signal off of a technical model, and executing the trade in the electronic...

Because my model had me long March 11 - May 11 Sugar on the NYBOT, and long Corn July 11 - Dec 11. So yeah, it has been a great week. The buy in the corn spread was signalled on October 05th. And I still don't know about 'old crop, new crop', I'm sure that the rest of the world is much more...

Honestly, I've had a great couple of weeks trading the corn calendar spreads, but truth be told I really could care less about 'old crop, new crop'. I have technical models and make my decisions based on price action only - my theory being that all of the fundamentals are included into the...

Well, you can use TT or CTS through an internet connection like broadband, which of course makes it 'online trading'. The bigger piece in terms of access to exchange-supported spread markets is the choice of clearing firms. For one firm with access to the most spread markets in my opinion it's...

Well, then did you short the thing at 9,000 a few months ago and live to tell about it - because it is clearly 'overvalued'? 'Course not. Things are worth what people are willing to pay for them. Traders get paid on price, and my opinion is worthless if it is in compete disagreement with the...