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I reckon gold is going to get hammered in 2015. I expect that once the seasonally strong period for gold is over (Jan, Feb typically) it will roll over and start to move downwards. My only reservation to my expectation is, why is it not getting hammered already. AFAIK near enough all metals...

Nice one! I remembered correctly after all. I right clicked something earlier today (charts etc. ) but either missed it or, well, I dunno, maybe I was just too stressed at the time .. not processing incoming information correctly. Cheers mate :)

I don't have ToS but thanks anyway.

Ok understood, cheers mate :)

Thanks for the explanation, although I'm still none the wiser because it sounds like you're talking about an early exercise, but early exercise needs to be requested by the account that is long ITM options; I would've thought a broker would/should have no reason to make that executive decision...

E.g. CL, NG, etc. I have a dim memory that IB provided something like this but I just googled for it and nothing came up, so I must be mistaken. Does anybody know how I can view futures curves / strips (or whatever else they are called)? Thank you in advance.

Tell that to all those who have been carried out shorting JGBs over the decades. And you might want to take a glance at a long term chart of US bonds or notes. http://chart.finance.yahoo.com/z?s=%5eTNX&t=my&q=l&l=on&z=l&a=v&p=s&lang=en-US&region=US So yeah, congratulations, astute bulls...

Why should we not expect that all ITM calls were automatically exercised by the Australian equivalent of the OCC?

Yet another salesman masquerading as guru who has found telling people how to trade is a more profitable, more consistent, more reliable and less stressful way to make money than to trade himself.

"They" (whoever "they" are) say that stocks trend only 20% to 25% of the time; the rest of the time they are range trading. Not saying that's true, but you can make a lot of money on non-directional movement; I think the probability of success is higher in the long run.

Ha, if only. Whilst the same patterns do form in different markets, each market is moved by a) different factors (fundamentals) b) different participants Who knows which of these two is the more important factor in explaining the behaviour of any particular instrument; it's impossible to...

SPX 200MA is at about 1259. Significantly, it is below the current price. It therefore looks pretty certain that the year will close with the SPX above its 200MA. Also transports probing that triple top failure as I type. Currently I think 5046.

I still maintain that this (the 200DMA) is more important. 1224, what's that all about? Meaningless. Transports triple top failure at 5050. Until this is taken out it's a sell on rallies IMO.

Good stuff :D

HOD 1260.50. *Takes a bow* :D

I think you might be a few points too early. And I would have my stop above 1262 (I think resistance is 1260-62).

Looks like you've got a fairly laid-back attitude to losing money. If that is true, I'd forget it.

Hmm, but it's a pretty small sample size, and you have no idea whether these traders are better-than-average, or not. I would've thought the more pertinent question to ask would be: "Will the SP500 close above the 200DMA on the last trading day of the year?"

I would've thought the chances of a particular stock (from the universe of stocks) doubling is a lot, lot lower than the chances of a particular commodity (from the universe of commodities) doubling. Think about it, there are thousands of stocks. The ones that double (assuming we're not...

I was caught offside today also. I was short and positioned to close and reverse long somewhere in the 1230s. Unfortunately for me it never got there. I'm holding short over the weekend because I expect a reversal but will fold if we see a close (maybe even just a trade) over Thursday's'...