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  1. bone

    dangerous crack spread strategy

    The Nymex Heating Oil and ICE Gas/Oil Cracks are a bit less chippy... but not by much.
  2. bone

    Just released. "Smartest guys in the room" at Goldman took biggest bailout loan.

    If the government offers you 'next-to-free' money with apparently no contractual strings attached in terms of what you do with it per se, then IMO they should have taken all of it. Ultimately, the government needed to stipulate how the party was to use the money. Especially if you know...
  3. bone

    Scalping ES

    I have no idea who this vendor is, but instead of sneaking around with the underhanded subterfuge why don't you just hire them directly instead of trying to bribe a client ? Are you that poorly capitalized ? If it is a system, it might be important to get the specific training for the...
  4. bone

    Chevy Volt a lemon for GM. Current administration makes sour lemonade.

    From my viewpoint, Americans want to see GM succeed. It's the idea of the government choosing and financing winners and losers in the free enterprise system either through direct bail-outs or tax breaks that galls many of us and indeed provides the friction point that you observe, Sandy...
  5. bone

    Intraday Trading on frames > 30 mins?

    My opinion is that longer timeframes are better even for HF trading - I used to scalp Nymex spreads using 360 minute bars, trading several thousand round turns per day. Now, they usually trend so hard that scalping isn't required or even desired in my opinion. My personal thought was that...
  6. bone

    How fast are options market makers?

    Yep, I can think of a dozen very well capitalized Chicago firms with very robust ECNs and execution platforms that have been doing this for many years. In fact, one of my clients is the Risk Manager at one of the largest. The margins have been chiseled down to nil, and it actually is not...
  7. bone

    Chevy Volt a lemon for GM. Current administration makes sour lemonade.

    Consumer Reports was somewhat brutal regarding the Volt: http://www.insideline.com/chevrolet/volt/2011-chevrolet-volt-gets-lukewarm-reaction-from-consumer-reports.html "We would have really liked to have loved it," David Champion, director of Consumer Reports auto test center told Reuters...
  8. bone

    Harry Reid: $1T New Money !

    Dennis Miller's Epic Description of Senator Reid: http://www.youtube.com/watch?v=ZmGO_bTgIf4
  9. bone

    Harry Reid: $1T New Money !

    Harry Reid on the Stimulus Plan: http://www.youtube.com/watch?v=pCdyo-LT5_o
  10. bone

    Biden: 500K Jobs per Month

    Biden predicts economy will create up to 500,000 jobs a month soon Vice President Biden predicted Friday at a Pennsylvania fundraiser that the U.S. economy would be adding up to 500,000 jobs each month "some time in the next couple of months." April, 2010...
  11. bone

    Pelosi: HealthCare Creates 400K Jobs Immediately

    Speaker Nancy Pelosi at the health summit: "It's about jobs. In it's life, it [the health bill] will create 4 million jobs -- 400,000 jobs almost immediately." http://www.realclearpolitics.com/video/2010/02/25/pelosi_health_reform_will_create_400000_jobs_almost_immediately.html
  12. bone

    Spreaders: how are you position after the job's report?

    So, I clicked on this thread. And that is all ... I ... can ... say.
  13. bone

    Doesn't this seem a bit excessive?

  14. bone

    Pristine Education

    Maybe the bottom line is in fact the bottom line. Can an educator translate whatever they are promoting into net P&L for you ? Can you independently contact and speak with actual clients who have been utilizing the methodology in the live markets ? Converse with those clients directly...
  15. bone

    Chevy Volt a lemon for GM. Current administration makes sour lemonade.

    Take that crap to the Daily KOS. SOURCE: U.S. Department of Education, National Center for Education Statistics. (2011). Digest of Education Statistics, 2010 (NCES 2011-015), Table 188 and Chapter 2 . Current expenditures per pupil in fall enrollment in public elementary and secondary...
  16. bone

    Chevy Volt a lemon for GM. Current administration makes sour lemonade.

    Ford Raptor I have been smitten ever since the feature on 'Top Gear'. Thinking about ordering one from Hennessey.
  17. bone

    Pristine Education

    The only thing really "outed" has been your super man-crush on Brett Steenbarger. And do you suppose the shrink is trading at the hedge fund ? Scalping index funds manually ? Taking his track record ? Please look up the Yiddish term "Mensch". Stevie hired a Mensch who begged and pleaded...
  18. bone

    Pristine Education

    Lucias, Brett Steenbarger was the Director of Trader Development at Kingstree Trading, LLC from 2004 to 2008. That is a fact that he himself publishes and is definitely not a "casual observation" as you put it. During his tenure, as Director of Trader Development, the number of traders went...
  19. bone

    Pristine Education

    OK, Lucias. Fine. ES and NQ scalpers - firm went from 60 traders to 18 during Steenbarger's tenure as Director of Trader Development while at Kingstree. And that is a fact. Look at Steenbarger's resume and timeline. Scraps got swallowed up by a spread trading firm of 100 traders. From...
  20. bone

    Night session Globex day traders

    Ummm... Nymex Energy and Comex metals all rock-and-roll on Globex during the US evening hours.
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