ES Journal Archive (2006 - 2008)

Status
Not open for further replies.
Atticus,

What point are you trying to drive home? Is the stock market overvalued, is our country in debt, are we no longer producers, where do you want to take this?

Are you upset because you are wedded to a short position or God forbid a long position?

DMartin
 
Quote from dmartin:

Atticus,

What point are you trying to drive home? Is the stock market overvalued, is our country in debt, are we no longer producers, where do you want to take this?

Are you upset because you are wedded to a short position or God forbid a long position?

DMartin
More...

I have an exotic short call struck at 1544 cash, expiring tomorrow at the closing bell; 315/600k payout. It's opm so I see approx 40% of the $285k. I bought BSC at 141 today, NQ at 46.

The US is a constitutional democracy and I am free to voice my opinion. If you've got a problem with my views you can place me on ignore.
 
Atticus,

Are you paying attention to what I wrote? You are absolutely free to voice your opinion and I never came close to addressing that kind of concern. As a matter of fact, it really doesn’t matter whether I have a problem with your language or points of view. However, as stated above, I still would be interested to know what point you were attempting to drive home.


DMartin
 

Are you upset because you are wedded to a short position or God forbid a long position?

Perhaps I misinterpreted your last. So what was your point? Concern for my emotional state? Touching, thanks for your support.

I was responding to Spectre's market view. Don't waste your time and mine.
 
u.s. equities tend to do better the latter half of a decade, especially with an election.

markets climb a wall of worry...blah blah blah.

short the july strangle below 1483 and above 1571 cash.

thanks for all the entertainment.
 
There is risk that cash closes at 1545.00.

Waxman is throwing some volatility into the mix that normally wouldn't be there.

Based on price action everyone will be looking to short it the higher it goes in price, and it creates fuel for a runaway rally tomm.
 
Quote from Spectre2007:

There is risk that cash closes at 1545.00.

Waxman is throwing some volatility into the mix that normally wouldn't be there.

Based on price action everyone will be looking to short it the higher it goes in price, and it creates fuel for a runaway rally tomm.
More...

If you're correct, then you're a fool for wasting one more second on this ES thread. You can write your own ticket at any ibank or hedgie you choose. You'd be running a structured products desk in months and making 10mil a year.

Let's make it interesting. How about a friendly touch-wager on 1545 SPX? I'll give you 10:1 against a touch of 1545 SPX tomorrow, $10K/100k. You say Touch, I say No Touch.
 
100K doesn't mean much. It wouldn't change my quality of life. Your taking this way too personally.

I'm not in the financial industry just an outsider, and just stating what I've gone through and seen in the markets. I'm always open to learn something new.

And apart from the solitary aspect of speculation, this thread is just a diary of my views.

At best I have 15 years left secondary to health reasons, so even materialistic things don't matter much.

Is 1545 risk there, yes, is it large, no.

So even if I was into the actual monetary benefit, I wouldnt take the bet.
 
Status
Not open for further replies.
Back
Top