Kudos to MMs

06/25/2012 09:01:20 OFV = 1315.31 Sell to Open at 1318.56 Spread = 2.5
06/25/2012 09:10:19 OFV = 1316.87 Buy to Close SPX at 1316.17 Spread = 2.5
06/25/2012 09:37:48 OFV = 1316.94 Buy to Open at 1314.21 Spread = 2.5
06/25/2012 10:22:07 OFV = 1313.66 Sell to Close SPX at 1314.14 Spread = 2.5
06/25/2012 10:36:25 OFV = 1313.64 Buy to Open at 1310.85 Spread = 2.5
06/25/2012 13:00:06 OFV = -936.03 Sell to Close SPX at 1313.86
06/25/2012 13:22:14 OFV = 1316.899 Buy to Open at 1314.34 Spread = 2.5
06/25/2012 15:00:06 OFV = 1318.05 Sell to Close SPX at 1313.97

 

no postings in a month what a relief

 

SPX FV, 968.48

Markets continue higher not on intrinsic business and other strength, but on continued inflationary pressure from more (or anticipated) FED action. It is really interesting how little the markets pay attention to underlying economics, and instead are far more driven by cheap money. Of course, the answer is, measured in gold, especially EURO/GLD, the absolute price of SPX is an illusion of strength.

 

What would the value of S&P 500 index be if it were value-adjusted based on the dollar index?

 

How are those shorts from 300 handles lower doing? Have you started living under a bridge?

 

Nitro, how are we doing here? Are you still working on your fair value formula?

 

How do we do that ?

 

Is this good ? I do not have idea about this.

 

I don't have time to do this anymore. I work 18 hour days seven days a week as it is. I am hopeful that I can get back to it, with where I am now this thing will be turned on and it will be backed the right way.

 

18x7. Not surprised.