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  1. bone

    Richard Regan - Pro Trading Course

    I would have to disagree, if he was taking funds into an account which included the trading or investing of securities using Regan as an intermediary, then isn't Regan subject to SEC/CFTC oversight? It should not matter what Regan purported the funds were for if there was any investment aspect...
  2. bone

    Al-Qaida had a futures account in 2005

    Sweet poetic justice.
  3. bone

    Long Sep Wheat / short sep Corn

    Tradator, I calculate my own hedge ratios, and agree that the SPAN calcs can get 'chippy' from time to time. Even if you use a moderately different hedge ratio, SPAN will still automatically calculate a margin credit for you so not to worry in terms of performance bond margin. My advice would...
  4. bone

    PIMCO co-founder to Congress, "get real"

    Jan. 7, 2010 (Financial Times) – Bill Gross, the influential bond fund manager who is one of the world’s biggest investors in sovereign debt, said it was unlikely that the US economy was strong enough for the government to “gracefully exit” stimulus spending programmes or that private...
  5. bone

    Technical Analysis = CRAP

    Listen, if you are an EW practitioner then my hat is off to you if you can get it to work in a live market with real capital. As I stated before (and was glossed over, apparently) from my observations to date the much more critical issue was the trader's selection and use of timeframes. In my...
  6. bone

    Technical Analysis = CRAP

    Prof, what I really meant was that as Fibo extensions and retracements get taken out during the natural ebb and flow of the market price action the previous wave count calculations get updated and they do change. In fact, Advanced GET and a host of aftermarket technical software packages exist...
  7. bone

    Pro life nonsense will defeat republican presidential candidate

    Any discussion about the relative merits of the Democratic tax platform versus the Republican tax platform is essentially meaningless political fluff. The US has the highest corporate tax rates in the industrialized world, and GE paid no income tax. None. And Obama loves Immelt. Chairs his...
  8. bone

    Neutral and pairs trading

    If any trader blows up with a pairs trade, 1. he put no effort into statistically designing the pair correctly to begin with, and 2. he only trades for convergence. Pairs are a fantastic divergence trade. Can't fix stupid.
  9. bone

    How to calcualting Volatility for Power & Gas prices

    Continuous contract (consolidated), Historical Vol study on 20 periods
  10. bone

    Pro life nonsense will defeat republican presidential candidate

    Our country cannot afford another Bush, and our country cannot afford another Obama, and our country cannot afford to keep spending money it does not have.
  11. bone

    Pro life nonsense will defeat republican presidential candidate

    Public polling of likely voters is universally not supportive of your arguement, kind sir. You are looking at Jimmy Carter V.2.0
  12. bone

    Pro life nonsense will defeat republican presidential candidate

    Silly sleight of hand to avoid Obama's ownership of the economy I suppose. Good luck with that one. It's the economy, stupid. Not fetuses. And Obama does indeed own the economy - he said so personally.
  13. bone

    Dr. Brett Steenbarger

    I have met the guy a couple times in person and spoke with him, I am gazing at a business card of his from a few years back - a Eurex Roof Party at Wrigley if I recall and of course he was still with Kingstree at the time. Agree that he is a first class guy, and I hope that I did not insinuate...
  14. bone

    Technical Analysis = CRAP

    I have never personally met anyone who could make money using Elliott Wave and Gann Lines in a live market with real money. I am sure that there are a few out there, but there are way more forex bucket shops and educators using it for promotion than there are successful practioners IMO. The...
  15. bone

    Dr. Brett Steenbarger

    I know nothing of the NY prop equity scene. What is 'bad' about SMB, what did Steenbarger do for them 'for free' exactly ?
  16. bone

    Dr. Brett Steenbarger

    Lucias, I never intended to disrespect Brett. I've met him a few times in person, but may not know him nearly as well as you.
  17. bone

    Is IB designed to just feed liquidity to Timber Hill?

    And that is the central tenet to this entire thread, IMO.
  18. bone

    Is IB designed to just feed liquidity to Timber Hill?

    People love to bitch about IB, but it would appear that they have a market niche. Personally, I had a much easier time finding shares to borrow short at IB than Goldman Sachs, but I am no big equity trader by any means.
  19. bone

    Technical Analysis = CRAP

    DeadBroke can forecast the markets using Elliott Waves because his charts are timestamped and his wave counts never change and the Fibo retracements and extensions always hold. Elliott Wave charts are the best looking technical charts of all. Did you know that you can define the timeframes...
  20. bone

    UAE Trade Free Zone - is it legal for US Citizens or a shortcut to the graybar hotel

    Since the entire Swiss Banking scandal came crashing down, and the fact that the G-12 countries now share money transaction info and help each other prosecute tax evasion cases, this is getting very chippy IMO for individuals and individuals owning companies where the net income flows through to...
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