Sounds like you need to take a loss. Dont you use stops? The jan contract could zoom down and close under $10 and squeeze out the longs....
With the fed intervening aggressively, I think it's prudent to be careful, if you want to fight the fed.
Was it really the sons, or was it the sons' lawyer?
If I had several billion, I would set aside a couple billion to manipulate the markets for entertainent purposes for play.
Do what japan did and bring on the 100 or 120 year mortgages.
I've seen this same story for weeks. Wait until they start writing about the the firesales that should happen afterwards.
the fed won't let these things fall too far, although a retrace to mid 120s is possible..
Seems like a good spread, but with this article out, watch the lazy arbs eat it up. CL up 1.60 already.
Before trying some advice in this thread, make sure you google "beatty chadwick"
Who's picture will be on future currency used in the now USA?
I've always been charged $1/mo for this feed. I recieved notice that they were raising it to $55/mo starting Nov1, but just today saw that they...
Oil won't be going up until it tests $45.
How much do you need for an account at Goldman?
Gold should drop below 700 soon. That $100 drop on Friday just shows how no one wants this crap.
You have currency risk as well, which can wipe you out.
Ben knows what he's doing. Wait for the oil bubble to pop completely.. dollar to rally.. then cut.
If a major bank goes under, or some terrible news sends futures waaay down on Sunday, there could be a chance of a cut. Otherwise, no cut.
shhhh....
Which option markets are most liquid for this type of strategy? ES, ZN, or CL?
huge gap up in the dollar. great time to get short.
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