Search results

Still looking for a number/estimate, either a percent decline or a price, of either the Euro or the EUO etf, where the EUO etf falls apart. I want to ride it down to max profits, but not so far as to lose the investment if the currency collapses, and don't have a good feel for where anarchy...

Somebody is pretty sure of themselves. Sure enough to not bother asking if EUO is a standalone trade, or part of a larger strategy. FYI, EUO is one of 9 securities purchased, in 50k blocks, beginning when the SP500 20 DMA crossed the 200, headed down. Another block when the 30 crossed, and...

A variant of the old "double up and add one" strategy. There's a mathematical edge there, but Vegas casino owners ain't dumb. They have maximum and minimum bets on every table, and those bet limits are specifically designed to cut the edge noted above into negative numbers. Play in Vegas long...

I'm in the EUO ETF, shorting the Euro. How far can the Euro fall before boogering up the ETF such that the price collapses? Where might trading be halted, and if trading is halted, what would happen to ETFs related to the currency?

That was my first reaction too. But then I asked myself, do I want to buy pigs in pokes bad enough to sever the relationship? That led to the realization I don't want undisclosed leverage in my portfolio AT ALL. Risks I know in advance, and plan around? Sure. Risks I'm not even aware...

Accurate piece but you can't eat gold, and gold is damned high right now. Further, deflationary pressures outweigh inflationary pressures at this instant in time, and gold is not the place to be during deflation. An even mix of physical gold (just in case), liquid cash (available for quick...

Good. Six billion is too many. Darwin agrees. Those who chose to remain unfit are about to be weeded out. Even now, before it happens, it is easy to predict which...players...will choose to blame others for their own mistakes, and even precisely what their excuses and ploys will be...

Lovely. Invent crackpot conspiracy theories regarding past events, to "support" crackpot theories regarding current events. We see you. The Norks have always acted mad as hatters, foaming at the mouth rabid psychopaths. Kimmee has worms eating his brain, and there's not much brain left...

Gubmint scam artists aren't interested in a one shot payoff, for reasons stated in other posts in this thread. They can one shot as many marks as they want, but they have to set each one up, it takes time, and why do all that work just for one payday? Instead they will...are...using this as...

Merrill won't let me trade in some of them because of undisclosed leverage. Not at all opposed to leverage but I do like to know what I'm getting into, in advance. Same goes for some ETFs.

Looks like endgame to me. Desperate measures to stockpile assets, before.... I guess wild swings and market volatility look like....wild swings and market volatility...to some. To me, they look just like innumerable old charts...the standard and expected activity that always seems to occur...

Ought to put Ivan Boesky on that list. He may not have been on the payroll, technically, but as much cash passed back and forth, I am...highly confident...he was working for DBL.

If the 60% figure and the rest of the do-over is specified in Nasdaq's user agreements, BEFORE any market event, then those who trade there know the rules. If they get burnt, TS. If this was decided after the fact, fuck the Nasdaq. One set of rules, level playing field, known by everyone, in...

Defending a currency against a hostile trader(s), simply requires having more money than your opponent(s). That's why Hong Kong kicked Soros' ass. Defending a currency against fundamental laws of economics has never been successfully executed...ever. That's why Soros kicked England's...

The Second Law of Thermodynamics clearly states that all systems trend towards...chaos...excepting those supplied with...outside energy. Ledger legerdemain is NOT equal to energy. Between Obama, Merkel, Brown, etc...and the gears that have been turning the wheels of this universe for...

Ah...no. The Forex market throughput measures in trillions of dollars per day. America, and China, and the Eurozone have collectively, quite a bit of scratch, and at least some of them can print quite a bit more, but, not two trill per day. Not for long. I think I'll sit out for a bit...

The trading markets are as sophisticated as we have been able to make them. The system safeguards, cutouts, circuit breakers, and shutdowns could still use a bit of polish. If trades execute by computer, and circuit breakers require human intervention, the safety switch operates in...

Ooooo-kay. That's done, all that filthy bathwater has been thrown out the door. Uhhhhmmm...anyone seen the baby? Bringing the system down to the least common denominator will never turn that least common denominator into a rocket scientist. Find precise problems, institute precise...

Can us humans call in orders on the telephone, or should we send them by pony express? If you artificially limit the efficiency of trading, efficient traders will simply find other markets and work around your arbitrary limits. If you really want to fix this, ALL of the system's safeguards...

If PG prints for a nickle, I'll swap you as many paper shares as you want. In return for gold, guns, beans, or tillable acreage.