Kudos to MMs

Nine_Ender · Jan 19, 2012

Quote from nitro:

The amount of calibration that I have to do now is so huge, the only explanation that I have is that the market is not only trading on Operation Twist, but it is trading on some form of QE3, ontop of that.

This is complete and utter insanity.

You seem have a very low grasp of reality buddy. Honestly, this is a very normal trend up. Tell me something, if someone bought IBM today because they like their numbers, what on earth has that got to do with QE3 ???

nitro · Jan 20, 2012

SPX, 1310.99. FV, 1162.41, OFV, 1310.47. POFVF, 1356.44.

Note the jump in POFVF. I might have to take a big loss soon.

Nine_Ender · Jan 20, 2012

Quote from nitro:

SPX, 1310.99. FV, 1162.41, OFV, 1310.47. POFVF, 1356.44.

Note the jump in POFVF. I might have to take a big loss soon.

So, after markets rallied all week against your blessed indicators, you gave them a protein shake and changed their value. Honestly, you remind me of a witch doctor the way you abuse numbers.

noddyboy · Jan 20, 2012

This is interesting because my system is showing maximum short now...

Pekelo · Jan 20, 2012

Since there is no point in making predictions unless we revisit them, let's see how our entertainer succeeded:

Quote from nitro:

I am going out on a limb again. This [options] expiration week will be very volatile. Probably the biggest swings will come on Wed/Thurs/Fri. A loss of 3 to 5% this week.

There were 4 trading days this week and they all managed to be in the green, if only for a little %. Not even one slightly red day!!! The market closed about 2% higher than last Friday. Not to mention volatility decreased and TH-FR stayed in a 5 points range.

Hey boss, do you have another one for next week?

arbs-r-us · Jan 20, 2012

Quote from nitro:

01-20-12 10:01 AM

SPX, 1310.99. FV, 1162.41, OFV, 1310.47. POFVF, 1356.44.

Note the jump in POFVF. I might have to take a big loss soon.

How exactly do you put food on your family?

nonlinear5 · Jan 20, 2012

Quote from arbs-r-us:

How exactly do you put food on your family?

Nine_Ender · Jan 20, 2012

Quote from Pekelo:

Since there is no point in making predictions unless we revisit them, let's see how our entertainer succeeded:

There were 4 trading days this week and they all managed to be in the green, if only for a little %. Not even one slightly red day!!! The market closed about 2% higher than last Friday. Not to mention volatility decreased and TH-FR stayed in a 5 points range.

Hey boss, do you have another one for next week?

Anybody with significant experience trading near month options knows that the scenario he predicted was a huge long shot.

Some big theories he's posted :

1. All companies without significant dividends are
essentially worthless investments.

2. Making 20% on conservative investments is easy.

3. Counter trending indexes is a good trade if his indicators
say so.

Plus I'm not sure how to categorize the new ideas like
"calibrating my indicators". Where on earth does he get these ideas ? It suggests to me he is entirely self taught and has no real education in finance.

There is overwhelming, easy to reach public domain evidance that refutes all of these listed theories. He just refuses to see it.

Lucrum · Jan 21, 2012

Quote from Pekelo:

Since there is no point in making predictions unless we revisit them, let's see how our entertainer succeeded:

There were 4 trading days this week and they all managed to be in the green, if only for a little %. Not even one slightly red day!!! The market closed about 2% higher than last Friday. Not to mention volatility decreased and TH-FR stayed in a 5 points range.

Hey boss, do you have another one for next week?

http://www.elitetrader.com/vb/showthread.php?s=&threadid=113413&perpage=30

Tell me again how you rationalize giving others a hard time about their results.

nitro · Jan 23, 2012

SPX, 1320.16. FV, 1169.83. OFV, 1319.04. POFVF, 1460.60.