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That is true, but my point is that if you draw a line below 39 the future chart of VIX would go below it. It is a must, if no mistake is made in the derivations and risk free type of situations do not exit. (As for the book, if it is decided to be published, I would let you know).

What is your proof? If market in europe goes up tomorrow, it would rather shows the opposite. You seem to have read the bullcrap written in books written by parrotic minds.

When President Mahattir from Malaysia said in the nineties that short selling was a cause for his country market decline, the parrots in europe said that he does not know anything about finance, etc. A decade later they are saying what they denied to Mahattir. So the European parrots are liars...

Because he was a co-founder. He does not view the company as public, but as his company. The shareholders also think the same. I bet Bill also view it as his company.

It is IMPOSSIBLE for the VIX to say above 39 for one year. Proof: It is in the book.

Tell me one practical insight you got from his writings? Just one insight. A challenge open to all, including the author if he is reading.

I do not think he changed his mind, but rather he may have become aware of risks he did not see at the time he wrote his earlier comment. If a person does not see risks, it does not mean the risks do not exist.

Your understanding of margin may not be the same as what is written on paper. In addition, is your account in the same currency as the instrument on which your positions were in? There are all sort of hidden risks, and misunderstood/misperceived things in options. For instance people...

That is a good catch. I remember him posting that sort of thing, but to go and find the actual statements is a good. Permabulls. What is amazing is that they may argue with the facts even if they know they are wrong.

I thought that the Tea Partiers are the people who pass these two tests: 1. They thought that the economy was not important in the future during the Bush vs. Gore debate, and that what was important going forward was to have a president one would feel to have a beer with. 2. After Bush's...

I do not understand why a country as insignificant as France has a veto in the UN? There are only about 50 to 100 million french people. India, Japan, Turkey, Egypt are more populous and more significant than France. Another problem with France is that it is using its veto privilege to...

When President Mahattir from Malaysia complained about a similar thing in the past, the french told him he was just imagining things. And they threw some other insults at him. How come that the french are now saying what they denied to Mahattir? The conclusion is that the french are...

What was your leverage factor? Are your options american or european? What was your margin report before the liquidation (the system may view your positions in a different way than you may see them because of equivalences)? It is also my opinion that a credit spread is not necessarily limited...

I bet you got it by looking at your mirror.:eek:

You are correct!

Very good call Vulcan Trader! I just read your thread, and wish I read it earlier.

His analysis is wrong, as proved by markets. He thinks a lower oil price is bullish.It is the opposite that is true. That is just one example of many flaws in his views on markets. He insulted me because I told him that his views about fundamentals and markets in europe were wrong. I think...

Hey Fat King (fat because of size of account): what is chavs and yobs?

Tell me Morganist, what made you think it was going to get worse? You recall that I told you you were drunk with hype from the media and that the top of the riot was Monday night.:) Do you plan to be victim of hype again? And my sympathies for the money you lost buying the useless equipment...

France's short president is apparently rushing from the french riviera to the capital for an emergency meeting---If Carla has a boyfriend in the riviera, she may have to pay attention to the paparazzis if she decides to trade. What are the chances of France's debt to be downgraded...