Stock market tips and experiences

[Vanity]

Load your shorts

[mact3333]

Originally Posted by Vanity

Load your shorts

why, cause ES futures was down 15 when you wrote that?...,

well look at this time stamp, ES flat now, I bet we start to rally right now at 7:07 pst.....

[mact3333]

Originally Posted by mact3333

why, cause ES futures was down 15 when you wrote that?...,

well look at this time stamp, ES flat now, I bet we start to rally right now at 7:07 pst.....

Underhanded softballs....

[Vanity]

Originally Posted by mact3333

why, cause ES futures was down 15 when you wrote that?...,

well look at this time stamp, ES flat now, I bet we start to rally right now at 7:07 pst.....

Mact you know my trading is very agressive short-term intervals

Stocks took a dive in morning and shorts went in the green How have you been doing lately? Did you get back in anything yet?

[335i101]

Originally Posted by mact3333

1220 was the line in the sand yesterday...bullish above and bearish below...1220 held...enough said...mkts move on very short term basis on actual news but on int term and long term timeframe, has minimal input....if anything, charts tell you about the news before it is news.

Always have to think in 3 time frames and have a big picture of what is happening.

Greece causing all this volatility now....just imagine what Italy and Spain are going to do later...but the grand finally is when it hits the US...the first amendment will be tested ...

You are mostly wrong. Greece yes, hit the US no, the central Europe bank will step in prior to that...the union does not want there currency to get less powerful.

The next factor is the US supercommittee schedule to revel their plan on the 23rd..

The last issue is the fear of a double dip recession.

"The first amendment will be tested??"....u must be an "occupier?"

This is the worst "official" thread I have read, don't quit yur day job.

[335i101]

Originally Posted by 335i101

You are mostly wrong. Greece yes, hit the US no, the central Europe bank will step in prior to that...the union does not want there currency to get less powerful.

The next factor is the US supercommittee schedule to revel their plan on the 23rd..

The last issue is the fear of a double dip recession.

"The first amendment will be tested??"....u must be an "occupier?"

This is the worst "official" thread I have read, don't quit yur day job.

Need to clarify, my rant was directed to one member...

[335i101]

Originally Posted by mact3333

1220 was the line in the sand yesterday...bullish above and bearish below...1220 held...enough said...mkts move on very short term basis on actual news but on int term and long term timeframe, has minimal input....if anything, charts tell you about the news before it is news.

Always have to think in 3 time frames and have a big picture of what is happening.

Greece causing all this volatility now....just imagine what Italy and Spain are going to do later...but the grand finally is when it hits the US...the first amendment will be tested ...

I had dinner with Milton Ezrati yesterday and the joke of the dinner was Gold.....I had to admit, I thought of you bashing me and calling me "irresponsible" for saying now is not the time to buy gold.

[335i101]

Originally Posted by infinitekid2002

Question for u wall street folks..when i was there wall street was mostly guard railed up...in certain parts of LA we have similar stuff but not nearly as much...is it always like that (post 911 obviously)?

I will walk over there today and check it out....

[mact3333]

For now, just leave then...but try to come back 1-2 yrs from now...then we will talk ok...funny...some see two ft in front of them, some see 3 miles...


BTW, your thoughts on gold were so clueless I know you dont have physical gold and probably never will...chart out the DXY for the past 5 yrs ok....

Originally Posted by 335i101

You are mostly wrong. Greece yes, hit the US no, the central Europe bank will step in prior to that...the union does not want there currency to get less powerful.

The next factor is the US supercommittee schedule to revel their plan on the 23rd..

The last issue is the fear of a double dip recession.

"The first amendment will be tested??"....u must be an "occupier?"

This is the worst "official" thread I have read, don't quit yur day job.

[johanness]

Originally Posted by 335i101

I will walk over there today and check it out....

Keep walking and go troll somewhere else. Mact has been bang on

[Vanity]

So margin calls came in for MFGlobal clients. Liquidation will be on Monday. Will wait to see if they can find the funds over the weekend.

[335i101]

Originally Posted by infinitekid2002

Question for u wall street folks..when i was there wall street was mostly guard railed up...in certain parts of LA we have similar stuff but not nearly as much...is it always like that (post 911 obviously)?

Ya it still like this, til the "protest" leaves....

[infinitekidM2C]

Originally Posted by 335i101

Ya it still like this, til the "protest" leaves....

ugh...all my wall street pics have those gates all over..even the bull as u can see

thanx btw

[kyleb350]

Anyone get in on Groupon's debut?

[Vanity]

Originally Posted by kyleb350

Anyone get in on Groupon's debut?

Called everywhere possible to get a hold off those IPO's. But you need to be a Goldman Sachs client with deep pockets and long history. Flipping that stock today would've been hard.

[Javi335]

But you need to be a Goldman Sachs client with deep pockets and long history.

god dammit im white trash i can't

[slamako]

See below. I just want to share this information. Your thoughts on this?
ICE apparently has also followed suit....

CME Group has apparently just raised the maintenance margin requirement to
equal the INITIAL margin requirement - on EVERYTHING.

Read more about it here http://www.zerohedge.com/

To quote part of the article:

"Because as of close of business on November 4, today, the CME just made
the maintenance margin, traditionally about 26% lower than the initial margin
for specs, equal. For everything. Which means that by close of business Monday,
*millions of options and futures holders will be forced to deposit billions in additional
capital to the CME just so they are not found to be margin deficient, and thus
receive a margin call. Naturally, since it is very unlikely that this incremental
amount of liquidity can be easily procured in one business day, we anticipate
the issuance of hundreds of thousands of margin calls Monday, followed by
forced liquidations of margin accounts across America... and the world. Just
like when Lehman blew up, it took 5 days for Money Markets to break. Is this
unprecedented elimination in the distinction between initial and maintenance
margin the post-MF equivalent of the first domino to fall this time around?"

Translation: Forced liquidation of millions of dollars of positions on Monday.

[Vanity]

Originally Posted by slamako

See below. I just want to share this information. Your thoughts on this?
ICE apparently has also followed suit....

CME Group has apparently just raised the maintenance margin requirement to
equal the INITIAL margin requirement - on EVERYTHING.

Read more about it here http://www.zerohedge.com/

To quote part of the article:

"Because as of close of business on November 4, today, the CME just made
the maintenance margin, traditionally about 26% lower than the initial margin
for specs, equal. For everything. Which means that by close of business Monday,
*millions of options and futures holders will be forced to deposit billions in additional
capital to the CME just so they are not found to be margin deficient, and thus
receive a margin call. Naturally, since it is very unlikely that this incremental
amount of liquidity can be easily procured in one business day, we anticipate
the issuance of hundreds of thousands of margin calls Monday, followed by
forced liquidations of margin accounts across America... and the world. Just
like when Lehman blew up, it took 5 days for Money Markets to break. Is this
unprecedented elimination in the distinction between initial and maintenance
margin the post-MF equivalent of the first domino to fall this time around?"

Translation: Forced liquidation of millions of dollars of positions on Monday.

Here's the story from a more credible source:
http://www.bloomberg.com/news/2011-1...unt-shift.html

And a quote:

CME Group Inc. (CME) is reducing the initial margin required to back futures trades to ease the bulk transfer of accounts held by MF Global Holdings Inc. customers

“This is a short-term accommodation to maintain market integrity and provide temporary relief to customers whose accounts have been disrupted by this event,” the Chicago-based exchange owner said in an e-mailed statement today

The opposite is happening.

[slamako]

Vanity...thanks for the input. The Bloomberg article makes more sense. In defence of Zero Hedge, the article was written when there was vagueness in the original message.

I'm new to all this and have been trying to learn like a sponge. I thank all contributors to this thread.

What I do know is that there is no such thing as easy money in trading.

[mact3333]

You are wise...there is one sentence you said there where 90% of traders cant seem to grasp despite many yrs of trading.

Originally Posted by slamako

Vanity...thanks for the input. The Bloomberg article makes more sense. In defence of Zero Hedge, the article was written when there was vagueness in the original message.

I'm new to all this and have been trying to learn like a sponge. I thank all contributors to this thread.

What I do know is that there is no such thing as easy money in trading.

[Javi335]

ok mac, in your opinion, when and were did the IIIWW goes to begin?

Im just waiting for the CDS market crash

[mact3333]

Originally Posted by Javi335

ok mac, in your opinion, when and were did the IIIWW goes to begin?

Im just waiting for the CDS market crash

Gold and Silver are telling the story now...Italians are cued up...CDS's telling "that" story.

As I have said many times, we gave the europeans a nasty surprise in 08'-'09 and they will do the same for us this yr and next yr...italian debt prob is huge compared to Greece, Portugal, Ireland and to lesser degree Spain.

CDS's always seem to tell the story early...insiders buying up insurance they will never collect anyway as when someone tries to collect, the system will show it as the ponzi that it is(ie-AIG)...bailouts and rescues will be the norm to not crash the system.

I think 2012 will be a bad yr.