Jack Hershey, you around?

Quote from RangeTrader:

I'm not jack you douche...

Anyway. A jack is an interesting guy. A lot of his theories are spot on.

The problem is the concepts are too abstract for most people to understand them because were dealing with the intricacies of human's gambling physiology.
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Here we go... Another dipshit who thinks Jackshit has something of value to offer in order to be "supportive" and " helpful". Enjoy it while it lasts,cause it never does moron.
 
Quote from RangeTrader:

Eg, like when we touched new highs today. I calculated out the probability of a reversal dip toward this weekend being around 90% from those new highs.
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Pinky doesn't understand. Was he supposed to be shorting into the weekend? :confused:
 
Quote from RangeTrader:

Icebergs are tricky buggers.

Think about it this way... If price is oscillating upward and slowing in momentum and you want to iceberg the market... You estimate the market liquidity vs how big of a position you want to establish. Then you decide where to start iceberging the market.

If you have calculated out things correctly people knocking their heads against your brick wall of an iceberg should have filled most of your position by the time they give up trying to break through.

Once it starts to drift the other way and they panic then you can set a distribution alogo to stealthily get the best prices with nobody taking much notice.

I don't really care to run any markets... Some people still manage to find small stocks to run. Just follow the big boys around! Their rules are simple.


Some trader with a CME seat taught me about icebergs ages ago. That is what he called them.
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Damn right!

A worried man goes to his doctor and explains: "Doctor thers a piece of lettuce hanging from my arse, is it serious?"

Doctor examines the man and replies: "I'm not sure, but it could be the tip of an iceberg"
 
Quote from davroz:

Damn right!

A worried man goes to his doctor and explains: "Doctor thers a piece of lettuce hanging from my arse, is it serious?"

Doctor examines the man and replies: "I'm not sure, but it could be the tip of an iceberg"
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Good one.:D

I'm wondering or fretting about Jack's rockets now... What if they fire back? Right into the lettuce..?
 
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