Good Michael. Do not hesitate to ask questions. As for the tuition, we wish for you to be among those who will not pay or pay a little temporarily tuition. Do not hesitate to ask questions. There are two core assets in trading: knowledge + capital. You need both. Do not lose your capital...
Falconview: You seem to be getting the straddle meaning right. Straddles/strangles are not about direction, they are about the SIZE of the MOVE. It is a way to bet on the size of the move: If you think the size of the move is huge then you buy them; If you think the size of the move is tiny to...
Nasdaq-100 now at 1823. It rose 18 points from 1805. I played the wrong instrument (bonds which moved only 6/32; now at 125.19). EUR/USD rose 80 pips.
EUR/USD is about to hit a possible resistance at 1.2828.
We may have a (Final?) pull back in EUR/USD, rise in bonds, and retreat in stocks...
Thanks guys for the input. Futures are now at 125'25. 125'25 and 126 are round numbers for a resistance. 125'25 seems to be a good place where people would sell, and others would be scared to buy. What do you think?
I like 125'25 as a top. Easy to remember.
Nasdaq-100 futures are at 1805. I think we would rise from here. What do you think?
I have a feeling that we would see a rise in stocks, a retreat in bonds and a rise in EUR/USD, from current levels.
EUR/USd at 1.2740, Bonds at 125'25, and NQ at 1805. Numbers are also nicely round. EUR/USD...
What do you think of Shorting 10 year bonds. Market is currently at 125'20, which is the current top of today (Sunday). What do you think is the risk, the reward and the probs?
Is it a stupid trade, lousy trade, good trade, great trade, etc?
I did not attack you, I pointed out something that is not correct in your post. In addition, I am not asking you for a favor. You made an offer in public, and I was trying to give you a reason to post what you wanted to post, so you can include a link to your desired site. I bet that people...
Higher yen is good for Japanese consumers. This stupid prime minister wants Japanese to be poor, to save the profits of exporters, unless he is making his talk to fool foreign leaders that he is doing something about it when he may be pleased with the yen.
1. You mention deflation in your post. I just bought milk, and price rose once again. In few months, it rose by 50%. 3.5 a gallon is the price now.
2. Since a major newspaper is predicting a crash, I am worried about my shorts. Time to cover?
Could you elaborate on and/or re-explain what you wrote? I feel that there is wisdom in what you wrote, but it is not clear what it is. Also when you refer to bias what do you exactly mean (is it your personal bias, the crowds bias, etc)? Probably giving examples from your experience with past...
We will see how you will do on this trade. You are long bonds as of Friday 13, 2010. Time reveals everything in trading. From your tone, I have a feeling that the market might hit you on your nose, but I wish you a better fate.
Michael,
Good answers! :-) . I give you a pass, and for the humor and honesty at pass with distinction. No problemo! (as Seneor Falconview may say). Now you can try those questions on people who say they know their options, and they may get very very intimidated by you!
If you want to...
You are stating this after the fact. Should we take your words for it?
You are now LONG going forward (for the purpose of this forum). We will see what you return will be.
Price used to track this is Friday August 13, 2010.