Forgot to add my advice: newtrader8, I am in the same boat as you. I've done options tradng, but never really futures. I've been paper...
I've been using the paper trading account with Interactive Brokers, had an account there with some blue chip stocks and covered calls, not too...
Added some more puts in the afternoon today at about 3:45. Good deal, because futures are dumping :D .
He got his 50bp rate cut and was looking for a rally (although we did get a rally, reversed because of the bond ratings). He'll probably say...
Something around 85, a few points below the market expectation, is my outlook.
True, but I still think Bernanke is worried too much about inflation being beyond their comfort zone to cut rates more than 25bp Wednesday.
They are around where I bought them. Added some more today: SPY Feb 2008 129 Puts - $1.31 cost basis SPY Feb 2008 131 Puts - $1.90 cost basis...
With the good day today, I added some more puts to my position in the afternoon, making the cost basis around the current price of them. The...
Central.
Both YM (only now after the switch to Globex) and ES have sufficent liquidity afterhours, as I do trade them both from 6-8 some days.
Obviously we did trend lower today into the afternoon. I bought some SPY puts today (129 and 130 strike) that added to my position I started...
That's just a conclusion I have derived form seeing all the homebuilders and analysts saying they still see deteriorating conditions and lower...
Exactly. He, in my mind, is too worried about inflation to provide additional aggressive cuts other than a 25bp, which like Dec 11th, will be...
Also, I think we might retest the lows of 2002, and with this aggressive cutting that has shown nothing reminds me of the 2000-2003 bear....
Tomorrow should be an up day, due to the great earnings, presenting an excellent day to short. Look at next week: Mon: New Home Sales...
I do borrow from 0% credit cards (through what are called App-O-Ramas, check out Fatwallet.com for more info). I have about $70,000 out right now,...
I loved that his 2007 Dow target was 14,580!
Just heard Cramer call this a bottom... Haha I laughed out loud when he said this. Just last week, he said this was a bear market on his show...
I now officially changed my views to believing we're in a bear market - even though we had a sucker's rally today. Maybe the Fed will deliver...
Use www.amtdw.com for emergencies, which worked this morning when the site didn't.
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