The usual big "suspects": SMH (relative weakness this year) - QQQQ - SPY - DIA , in order. But QID seems interesting with a x2 leverage. To be...
Fair enough. I am preparing a battle plan based on the two variables core CPI actual vs estimate and gap up / down. It should tell us how the...
Romik, I respect all kinds of trading strategies. On this peculiar event on Friday morning, I would have a different approach, based on the...
OK> So how are you positioned now, for Friday morning ?
Core CPI number will be big catalyst. After so many days of going nowhere, we know the market is going to do something drastic. My problem with...
I was able to carry shorts from 34.07 to 33.76. Obviously I missed a better range. Shorting the gap up at the open was the way to go. I wanted to...
Core CPI is the number the market / Fed is looking at. RIght or wrong, this is their focus.
Well , much ado about nothing, once again. The markets are consolidating at record levels. The CPI number is probably going to break that tie, if...
I really do not predict but I see that the semis are badly lagging. (-7% YTD vs + 13% S&P). So my best hedge is by shorting the SMH when the...
Then he would predict S&P close at 1230 for 2008 !
Like you I am a contrarian and like to play Devil's advocate. I am an agnostic in life in general and in trading in particular. I do no predict. I...
Time frame ? This week, month, next year ?
Everything is possible. Maybe he is the exception and he will be wrong all his life. I would just challenge that it has more to do with bad luck...
I do not believe someone can be consistently wrong ! Actually many studies show that it is better to invest in mutual funds which underperformed...
Oh no, thanks to you. Your insight (manufacturing price) , humility and kindness are highly appreciated !
That's an easy one. 3. Basis comes to say....nothing ! (of substance, I mean)
I read in a book that one big shot of the Hedge Fund industry would fire any of his traders if they believed in the EMH !
EMH assumes that the investors make always rational decisions. The fallacy of the theory is already implied in this premise. Rational ? Maybe...
Do you think the markets are climbing the famous "wall of worrry"? Do we have instruments to measure this "wall" or is it just a myth ? Some...
You've got it. Need to use the BS detector. But still some bits of good information sometimes. And one has to like the 100% room to go !
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