346 replies to this topic
Posted 20 May 2010 - 08:04 AM
...is the dumbest money anywhere on the planet (CNBC, Q.E.D.)
Just trade over it, around it and under it for acres of diamonds...pick'em up one by one "
The market is like any other sweet smelling corpse
It attracts an interesting facinating and almost endless variety of carrion and predators.
How do you sterilize quantitative easing - you buy gold.
"The market" is just an average - there will be speculators smarter than the market and speculators dumber than the market.
If your smarter you make money - if dumber you lose.
The markets are like a crime scene because its where victim and perpetrator meet.
Posted 20 May 2010 - 08:24 AM
Long bond futures (ZB) going parallel now @ 123'30
Posted 20 May 2010 - 08:45 AM
What happens when you buy/short something and it does not come back.
Like the silver traders in 1980
Hedge funds short the Nasquack in 1999/2000?
Guys short gold in 2002?
Long KBH in 2006
Long LEH etc
Posted 20 May 2010 - 08:50 AM
It's not especially fashionable at this particular moment, but I'm with dharma.
Greece was just warmup. A global sovereign debt crisis is the Voldemort of this era. It's almost time for the Battle of Hogwarts....at which time capital will flee to wherever it seems safest.
Quod Severis Metes
Your life is the sum of a remainder of an unbalanced equation inherent to the programming of the Matrix. You are the eventuality of an internal anomaly, which despite my sincerest efforts, I have been unable to eliminate from what is otherwise a harmony of mathematical precision. While it remains a burden assiduously avoided, it is not unexpected, and thus not beyond a measure of control. Which has led you, inexorably, here.
You haven't answered my question.
Quite right. Interesting. That was quicker than the others.
Posted 20 May 2010 - 08:56 AM
I was wearing my Dow 12,000 party hat and I forgot what I did with my Dow 10,000 one.
Wile E. Coyote Kills the Road Runner
Posted 20 May 2010 - 08:57 AM
Stop the Madness
Posted 20 May 2010 - 08:59 AM
A move above 1.25 on EUR/USD and we're going to get the mother of all squeezes.
Stop the Madness
Posted 20 May 2010 - 09:00 AM
Oh I don't know, I also went short on the pop to $147.30 and then they took me out on the final pop to $151.21. Still at least I got back in on the way down.
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