Black Monday

Good luck surf, I hope this one is a good winner for you.

I am loaded to the gills with QQQQ puts, stoped out of my ES shorts a while back.
 
Quote from lilduckling:

for DOW & S&P to be down hard.... it usually needs the support of energy .... i.e. oil ... to be shooting up, and i don't see that happening anytime next week. Infact i think oil will drop next week.... thus not having the impact to really drop the other indices.

This is just my opinion.

BANG! Another one of my dead on calls!

I made this call on Friday, and on Monday like clock work, oil falls, with the DOW rallying on Tue and today.

I will now interview myself:

LilD, your calls are extremely accurate. How do you do it?
It's quite simply really.... i mostly make the calls
on Fridays or Saturdays... which are days that
give you a much better picture of whats ahead
on the following week... if you know what to
look for.

LilD, thats quite amazing. Tells us what makes you different then
all the other people out here that also make market calls?
I think too many people make way too many
calls too often.... something i dont do, thus
having such a high correct ratio on my calls.

LilD, a while back you posted some tips for brand new traders, that post has now garnered over 30,000 views, will you be posting something similar to that in the future?
Yes, but it will be for more experienced traders.
I will discuss intermarket pressures and how
different markets across the board are influenced
by these pressures. Also, the best way to really
interpret what lays ahead for following week.

Interesting. What do you mean by market pressures?
Imagine a series of pipes in a building, pipes
with different diameters and adjustable valves.
markets take the path of least resistance,
but that path is influenced much in the
same way as water does, in this series
of pipes and valves which are all interconnected
to each other. A valve in a 3" pipe is opened
20%, but the valve in the 10" pipe its connected
to is closed 15% ..... flow of water is same
principle as futures, commodities, Fed rate, Dow
Dollar, etc, etc etc.

Will people make more money if they follow your ideas or calls?
Nope.

LilD, Your calls are some of the best, yet you get no recognition,
could it be because of your silly screen name?
Yes, i believe so. Thus i am planing on changing
my handle in order to be taken more seriously.
These are my top picks so far:
WallstreetWannbe
NewbornPuP-traderPRO
SnPsissy
Tinysprout
DOWdummy
 
Quote from Sponger:

Interesting that gold is currently down on this equity sell-off

liquidity contraction and protection.......lower the price the better the bargain.......
 
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