Surf's Special Situation Journal

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Quote from Lucrum:

I can understand Mav not needing funding. Why do you need funding?

Its not a question of need. OPM is a free call option with no downside. Without any risk to your own capital, why wouldn't someone use it? surf
 
Quote from Brass:

Larry blows with the wind. When it was popular, he "believed" in interplanetary forces on market behavior, aligning himself with Welles Wilder at the time, when Wilder had arguably gone insane. (Prescient surname, don't you think?) You, however, declared your man love for Larry well before he fashionably distanced himself from TA. Larry will do and say whatever Larry has to do and say to part you and your money. And you gush...

I can't dispute what you say, except for the last two sentences. Larry is my close friend and i defend my friends--- faults and all.

surf
 
Quote from Brass:

Yeah, and everyone knows that human nature changes completely every generation.

You misunderstand. But it is a common misunderstanding among TA folks. The market is driven by the mass of capital, not human nature or the mass of humans. One person can control more capital at any one time than the hoards of investors you say your charts reflect. You have read winner take all--- you understand this--although my work has added to Gallachers --- I don't have the time to go over this in detail, I trust you will "get it"
surf
 
Quote from marketsurfer:

Folks, we are going long mitt Romney at < 2.50 per share. Looking for a 5 banger with these.

https://m.intrade.com/#contracts/743475

Current bid on Romney is 500@2.30 and offer is 2@2.33. If I'm reading the percentages right, a "5 banger" would mean that Romney would win the election. It ain't looking too good for that to happen.

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Quote from marketsurfer:

I apologize if I misunderstood your suggestion here that you make 50k every 10 days via trading. You were just jesting? Seems like a subtle "suggestion" to me. If not, why else would you need to be paid that amount to Trade sim for any 10 days out of 30? Why not 5k or 20k? Anyway, I retract my interpretation of your post, if its wrong. Enter the combine and prove the TA naysayers wrong, if you dare! Surf :)

You partially misunderstood what she had said.

She is saying that she can make at least 50k in the Combine and that you should pay her at least $50k in real money to cover her opportunity cost.

Now if she makes more than $50k, she will give you 30 additional days after the 10 day Combine to come up with the difference.

Sounds like she is the real deal.
 
Quote from marketsurfer:

I apologize if I misunderstood your suggestion here that you make 50k every 10 days via trading. You were just jesting? Seems like a subtle "suggestion" to me. If not, why else would you need to be paid that amount to Trade sim for any 10 days out of 30? Why not 5k or 20k? Anyway, I retract my interpretation of your post, if its wrong. Enter the combine and prove the TA naysayers wrong, if you dare! Surf :)


NoDoji sounds like Jack Hershey lite.

No offense intended.
 
Quote from marketsurfer:

Yes, computers feel neither fear or greed---nor do the quant army who cares for them. You folks are really living in the dark ages.

surf

Oh? Do computers already plan their own actions? Or do they just execute the plan created by humans who do feel fear and greed? :)
 
Quote from marketsurfer:

You misunderstand. But it is a common misunderstanding among TA folks. The market is driven by the mass of capital, not human nature or the mass of humans. One person can control more capital at any one time than the hoards of investors you say your charts reflect. You have read winner take all--- you understand this--although my work has added to Gallachers --- I don't have the time to go over this in detail, I trust you will "get it"
surf

And of course that one person is so much superior that it doesn't feel neither fear nor greed? :)
 
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