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B4 The Bell, Moonday May 3


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#181 twignberries

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Posted 03 May 2004 - 11:09 PM

Brian, out of curiosity, why do you like to play options instead of futures? This isn't a critisism, I'm just wondering what you see as the advantages.

I like the e-minis personally - good leverage, responsive price movement, and no bs day trading rules.
When the last living thing has died on account of us, how poetical it would be if Earth could say, in a voice floating up perhaps from the floor of the Grand Canyon, “It is done.” People did not like it here.

- Kurt Vonnegut

#182 Big Doo Doo

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Posted 03 May 2004 - 11:13 PM

Jim Willie smokin' 'em out of the rat holes tonight:

-------------------
When Wall Street and corporate officers executed on their motive to deceive the public and the world into believing the “New Economy” myth, Fed Chairman Greenspan joined the great game to give it legitimacy, despite his amateur standing in technology. During the fraud perpetrated upon the American investment community, the US Treasury conspired as a clandestine participant. Secy Rubin executed the gold carry trade, whereby vaulted gold bullion fueled a massive USDollar and USTBond rally. After the stock bust in 2000, the USGovt statistical elves joined actively in the collusion. They desperately wanted to continue and further the impression that the US Economy would respond well and emerge on a robust course. Their motive is to keep foreign investors committed, who supply 45% of federal credit and about 35% of mortgage agency credit. In order to manage the ongoing task of fraud and deception, Wall Street, the USGovt administration, and the Federal Reserve saw the wisdom in altering the language of the economy and financial markets. Their motive is to influence thought and to condition the behavior of citizens, consumers, and investors.

“legal tender is now money”
“credit access is now wealth”
“monetary inflation is now liquidity”
“fiscal bankruptcy is now federal stimulus”
“slow-motion recession is now jobless recovery”
“deflation is now poor pricing power”
“rising unemployment is now increased productivity”
“capital hemorrhage is now global trade”

http://www.financial...rket/wrapup.htm
--------------------

Chew 'em up Jim !!!!!!!!!!!!!!!!!!!

#183 brian4

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Posted 03 May 2004 - 11:16 PM

Actually twig- I do play the e mini's as Te well knows-but I am trying to teach here as well- so the trades I declare are puts-what I do elsewhere- Is what I DO ! ;)

#184 twignberries

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Posted 03 May 2004 - 11:28 PM

Actually twig- I do play the e mini's as Te well knows-but I am trying to teach here as well- so the trades I declare are puts-what I do elsewhere- Is what I DO ! ;)

I gotcha ;) Thanks Brian.

Tough day today for me trading the NDX - 3 false starts on the short side this morning before I finally caught the majority of the move down after lunch. Add a failed attempt to catch a fall near the close, and I broke even. I'll take it, considering I was wrong 4 out of 5 times, but it was a lot of fuss for nothin. I should have heeded your reminder to "have patience".
When the last living thing has died on account of us, how poetical it would be if Earth could say, in a voice floating up perhaps from the floor of the Grand Canyon, “It is done.” People did not like it here.

- Kurt Vonnegut

#185 brian4

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Posted 03 May 2004 - 11:30 PM

Further to that Twig- futures are not for kids or the unblooded-they are the sole respite of people who know and understand " risk". ;)

#186 twignberries

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Posted 03 May 2004 - 11:43 PM

Point taken Brian, you're absolutely correct. Watching my money tick away $20 a point (per contract) on a bad NDX e-mini trade can be a painful experience, and a difficult test of emotion mastery.
When the last living thing has died on account of us, how poetical it would be if Earth could say, in a voice floating up perhaps from the floor of the Grand Canyon, “It is done.” People did not like it here.

- Kurt Vonnegut

#187 ShitEatingGrinner

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Posted 04 May 2004 - 12:43 AM

Wheeeeeeeeeeeeee. tHis is a pointless post. Up late.



Hyper--nice scenario. Beautiful.

#188

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Posted 04 May 2004 - 01:46 AM

Blood Red Full moon Eclipse tonight -
http://news.scotsman....cfm?id=2872088

I expect continuation of uptrend for 1-2more days

we will c





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