RM's occasional market calls...

[Rearden Metal]

Jesus, SOMEONE is certainly paying attention! Seconds after I posted that, someone just joined me in my GLD Jan '14, 130 puts with <b>massive size</b> (like 1,300 contracts. Just $half a mil$, no big deal ). The timing was too exact to be coincidental, and now I'm curious who the hell is doing this. Please PM me... it's the least you can do...

Edit: I do hope you saved a lot more size to put on later in case we get that even-bigger up day today. That's what I did.

 

[marketsurfer]

Quote from Rearden Metal:

Jesus, SOMEONE is certainly paying attention! Seconds after I posted that, someone just joined me in my GLD Jan '14, 130 puts with <b>massive size</b> (like 1,300 contracts. Just $half a mil$, no big deal ). The timing was too exact to be coincidental, and now I'm curious who the hell is doing this. Please PM me... it's the least you can do...

Edit: I do hope you saved a lot more size to put on later in case we get that even-bigger up day today. That's what I did.

You never know who is reading elite---- Good luck!!! I have no clue who is following you, but I do know for certain of 2 billionaire $ hedgies who read this site -- and just maybe maybe read this thread.

 

[Rearden Metal]

Ok, here's a question: Is anyone here familiar with any other journal, anywhere on the net, where some trader has an extremely consistent track record of either winning or losing nearly all the time? Perma-bulls and perma-bears (like nitro) don't count. 50%-ish winners are completely useless too. I think you get what I'm looking for here, and if you point out something good enough to me, I'll owe you. I think you want that...

 

[Rearden Metal]

Quote from marketsurfer:

You never know who is reading elite---- Good luck!!! I have no clue who is following you, but I do know for certain of 2 billionaire $ hedgies who read this site -- and just maybe maybe follow you.

Yes, one of them (with the initials V.N.) even posted here a few times. It was him, 100%. He used a name like Prof Spec or something similar IIRC.

 

[marketsurfer]

Quote from Rearden Metal:

Yes, one of them (with the initials V.N.) even posted here a few times. It was him, 100%. He used a name like Prof Spec or something similar IIRC.

Very true, but I am not talking about him at all. The folks I am talking about may be were affiliated with him a long time ago, but are much much bigger than he ever was. surf

 

[baggerlord]

I've chosen to put on a similar timeframe short, but on NEM instead of GLD. Initiated today. I'm a bit of a simpleton but to me if I am bearish on gold I am even more bearish on miners.

 

[Fool]

RM: You have no method. You are just brave enough to play with fire.

 

[Rearden Metal]

Quote from baggerlord:

I've chosen to put on a similar timeframe short, but on NEM instead of GLD. Initiated today. I'm a bit of a simpleton but to me if I am bearish on gold I am even more bearish on miners.

I totally see your point. Only reason I'm not doing the same is because NEM has already <i>split the hard way</i>, and bullion has not. Race ya to the bottom...

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3787418>

 

[Rearden Metal]

Quote from Fool:

RM: You have no method. You are just brave enough to play with fire.

Well, I'd agree that I'm not methodical. So, pretty much...

 

[Rearden Metal]

Quote from marketsurfer:

Very true, but I am not talking about him at all. The folks I am talking about may be were affiliated with him a long time ago, but are much much bigger than he ever was. surf

I think you have PM's disabled. Mr. E.? I mean, I used to know all those guys as you recall. Mind PMing me with who got big? I'm curious now...

Oh yeah, what's his face with the gray mustache who was in one of the market wizards books, was published by Wiley, and is therefore associated with Vic, at least indirectly. He reads ET?