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Convergence Trade Profits Taken On Spread Closure
Well, that was quick: to all those who put the trade on, convergence accomplished.
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Hey Tyler, how about an investigation to what is going on with SPXU the last couple of days?
Ok, sorry for the unrelated comment but... what's with the flat line in gold? Is it real? If so is that the opposite of a flash crash in an equally manipulated market?
Gold trades in the same direction as the Dow nowadays. The pullback is normal. Look for bargains in miners soon.
No, I mean a flat line chart out of Kitco for the spot gold price. It appears to not have changed for an hour.
Yeah. Who closed the market early?
Or are they going to start reversing trades on gold too?
yeah something is going on. Their website was offline for about 20 minutes and when it came back on the flat line in the middle of the day. What happened at 14:05?
http://img824.imageshack.us/i/capturesilver.png/
http://img34.imageshack.us/i/capturegold.png/
Well it just moved straight the fuck down.
http://img695.imageshack.us/img695/3860/capturesilver2.png
Chart: ES and ZB
Heckuva job, Ben.
http://99ercharts.blogspot.com/2010/10/es-zb.html
Money chasing AAPL on dips. CNBC must be shitting their pants if Dow loses the "psychologically important" 11,000 level. Should be a fun close.
Send 'em a box of Depends...
Saw a clip where Cramer was soooo smug last night about Citi and how he told everyone to buy. Oops. Wonder what he'll say tonight. Maybe send him some Depends too.
Come to think of it, who makes Depends? Might be worth a buy.
You sure are hung up on AAPL.
2nd largest company in the world. Worth being hung up on if only for a market indicator.
My ass hurts with days like this...
Will last half hour bring panic or the regular pump? Haven't seen panic in a while, that might be kinda fun to watch.
I guess Obama didn't send the FED the memo that november is crucial for him to be popular in.
At this rate, I can only guess the new colour of the new OTHER president.
Ben and Brian are currently on their knees praying the SPX doesn't close below 1160.
RISK OFF - Damn it feels good to finally be behind the stampede instead of in front of it.
Non pomo day.
Finally some volume in the ES .
It's Chinese Solar day! buy buy buy!! nom nom nom!!!
/ES ramp from 3:30 in full effect with 10 minutes to go. Will it hold???
Who is doing all this buying at EOD?
The POMO players. Looking for easy POMO money tomorrow.
In case all you retail investors were feeling left out of the big boys game.
Now there is an online service where a professional money manager can take 1-2% of your assets while losing 20%, not to mention underperforming the main indexes.
Who said innovation in finance was bad?
https://www.wealthfront.com/invest
Thanks for taking the time to discuss this, I feel strongly about it and love learning more on this topic.
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