Oh c'mon. No way bro. Mav wrote that all by himself.
Pabst's Blue Ribbon Trades
- Thread starter Pa(b)st Prime
- Start date
Oh c'mon. No way bro. Mav wrote that all by himself.
ammo
Farmland in Iowa is going for roughly 5k an acre now! Its absolutely insane! I heard there was an 80 by lamaurs (I believe thats how you spell it) that went for 8k an acre and get this the lady that bought it was a vietnam women who ran laundry matts her whole life! She paid for the farm in cash! Thats 640,000 big ones!
Man maybe im in the wrong business
I'm still short ZB but did my share of swearing at the screen. What a chop! No wonder Ed Seykota didn't have real time quotes.
Short some Swissie too. IMO if it's over it'll be a whimper rather than a bang. Atticus has the right idea about pounding premium.
Zero expectations from either of these trades. Maybe because of that they'll work, lol.
Short some Swissie too. IMO if it's over it'll be a whimper rather than a bang. Atticus has the right idea about pounding premium.
Zero expectations from either of these trades. Maybe because of that they'll work, lol.
Yeah.. the best downtrend, linear move has been overnight until 6000 est!..
.. then you saw exagerated reaction to the economic news just to hit some stops and yesterday lows; then a short squeeze during the indexes retracement; then a pre-auction 5Y short setup...then a cover short into the first TSLF auction and then, again a donwtrend after the poor results (just 1.15 bid/cover ratio on $86.1B - safe haven bid not more needed for dealers?)...
Covered my Bond shorts. 118.145.
Stocks suck and their weakness might (will) pop Treasuries.
Stocks suck and their weakness might (will) pop Treasuries.
Re-shorted ZB@118.25
Hi Pa(b)st Prime,
Did you cover your shorts yesterday or...did you add to your short position?
Just stayed pat. If anything I'm lucky I didn't cover.....
Covered my Swiss this morning at 9858. Just missed on the Bonds and instead bought 10's. Stupid move. I'm up nothing on the 10's and Bonds have moved up nicely.
A problem I suffer after taking a string of losses is I want to come back with a home run rather than putting together a few base hits. In big trending markets swinging for the fences is appropriate. In chop it's death. Bonds and currencies are chop. If Swiss options were more liquid I woulda sold puts but it's a crap product to scalp gamma.
A problem I suffer after taking a string of losses is I want to come back with a home run rather than putting together a few base hits. In big trending markets swinging for the fences is appropriate. In chop it's death. Bonds and currencies are chop. If Swiss options were more liquid I woulda sold puts but it's a crap product to scalp gamma.