I just read the first few pages of the book and it's all about MBF Trading and Mark Fisher and their prop traders. Shame on you king! Is MBF not good enough for you anymore.
not at all, I think some pros might find it a thin read. I will get and read it a few times, the fact that he is basically an MBF insider is worth it to me. My problem is having limited time......
Is this the old Satchel from the ET chat room? VIX is driving me nuts. I'm long dec and jan vol. I honestly have never seen the VIX trade like this on a day when the spoos traded down 24 handles. All I can say is the price action is very bullish for equities. Oil held up today. Bonds never really caught a bid. Copper held up. I think the real risk here is to the upside. I'm looking to buy anything strong I can find.
Hey Mav, YUM, DG, GOOG near 52 week highs. Most of large cap tech held in relatively today. One that someone mentioned to me was GME(Gamestop). Nice Strength there today!
Nice. GME and YUM above their monthly A ups. I'll hit them tomorrow. GOOG and DG just under their monthly A ups but I'll keep them on my radar. Thanks Shan!
why not buy xiv or is that too expensive for you? should touch 6 if we rally. Also why not grab a couple es overnight, think of Tiny Tim for God sakes.
I'm buying ES. I would not want to be a seller of vol at this level which is what you are doing if you buy XIV. I told you to buy XIV a week or so back when it was under $5. It has since rallied almost 20%. I think you are better off buying vol down here and buying risk assets. Ideally I want to buy strong assets. ES is not strong by any measure. So I'll be buying strong stocks I can find that are breaking out.