Believe me I know all about gold's volatility. I got out after the mid 2000s because I couldn't get a handle on it anymore. It was moving in...
I started out thinking it'd be down this year, now I'm not so sure. There's a definite Chinese slowdown, and that's hurting all kinds of small,...
...and the futures are flying off Turkey's decision to shoot rates up. They coulda done it before, instead of waiting til I switched over to SDS...
Good day. Was actually long the mkt via SSO today, but closed that out and bought SDS for tomorrow. Vol should come in nicely once the Fed...
Bah humbug. Was OK til the very end. Vol will probably stay up until the Fed has its say on Wed.
Simple theory: inflation will always be perceived as higher than the stats for two reasons: 1 - There's stuff that always goes up regardless,...
Brick & mortar problem, especially for the perennially helpless, like JCP and SHLD (Sears & K-Mart). Others are starting to struggle: BBBY, BBY,...
Eh, whatevs. Biggest risk to NBG is that idiot Erdogan, who is single-handedly destroying Turkey and therefore endangering any value they might...
Odd question. It's a bank, which means it's leveraged, by definition. So it could move in either direction fast. Right now, down is it; my basis...
C'est la guerre. Could have been far far worse, but on good days I reduce my VAR and increase my hedges, so that bad days like this don't bury...
Hmm. So, I bought a hundred NBG in Dec, having seen that it was actually upgraded by Moody's. It's an option, or maybe a lottery ticket. Seeing...
Wild day, wound up doing not badly, all things considered. Good thing I know collars and spreads and butterflies, or I might have run my car into...
Almost perfect. I even managed to guess the correct direction of the VIX SOQ, which started my day out on the right note.
Just checked the Kitco Base Metals site, looked at the charts for the non-ferrous metals. All of them look like they're putting in a bottom,...
Frustrating day. Not a good trade in the whole day. EOD things sorta began balancing out, but I should have done much better. [IMG]
This is what you're missing: Stores Confront New World of Reduced Shopper Traffic E-Commerce Not Only Siphons Off Sales, but Changes Shopping...
Thanks for the good wishes, and just in case you misread, I said "Green is good" not greed, as in, I'll be happy to be >0 in my VIX stuff this...
Eh, not enough for them to notice. Like buying a penny stock or a DOTM option: lottery ticket. If it pays off, wonderful, if not, no one cares....
Yeah yeah yeah. Kumquat. It's alright. I'd be hugely surprised (delighted of course too) if I did better than you, but I'm not silly enough to...
[IMG] Mildly positive day. VIX curve sharpened again but I shorted the market - still had my SDS position - and some other stuff worked out, so...
Separate names with a comma.