The "up-to-the-minute Market Data" thread

Originally posted by GreenBicMan
reply to post by THX-1138

 

If you want to attain those %'s you will have a major drawdown somewhere as have I.

Like I said, I had a few programs making over 60,000 a day on the ES only to have it lose everything and another 500,000 in 20 minutes on a random day..

It can be done though, I know it can, its so close

In order to attain those %'s you got to risk a lot of your money which may push you out of the game.

reply to post by RetinoidReceptor


Nah dude, no biggie

60,000/.02 is only a 3,000,000 dollar starting hand

Who do I make that check out to?

I want to turn that 3M into 12M every year.
It will take a double and then another.
I didn't even know about the 3X ETFs until last week when somebody mentioned shorting.
You guys have woven the thread that pointed me in the right direction.
If I can double the money and then do it again each year....
And I don't have to be trading every day like a fiend.
And no guessing.
Just win after win....

Where's that Hex?
He's supposed to report on the situation in Chinatown after that 6.7 Bollinger scale shaker.

I think that seismic riot ran its course and the Chinese are now sorry.
img.wonkette.com...
See . . .


What's the matter with you?
www.hc2d.co.uk...
Aah, no time to be sad.
Hey, I buy you dinner. There's that joint around the corner on Wall St. and Bernanke Blvd. Awesome dishes . . . What do you think? Yeah? Great. Let's go . . .

". . . and then I was like feeling dizzy, coz that a-hole Gabriel. But then I shook it off and managed to squeeze eight million bucks out of the the last five minutes.
What did you say?
Stander. Nice to meet you, Tian.
Hey, that's the place. Right there." ----> upload.wikimedia.org...

Originally posted by THX-1138
I want to turn that 3M into 12M every year.
It will take a double and then another.
I didn't even know about the 3X ETFs until last week when somebody mentioned shorting.
You guys have woven the thread that pointed me in the right direction.
If I can double the money and then do it again each year....
And I don't have to be trading every day like a fiend.
And no guessing.
Just win after win....

And then you wake up from your dream and realize that if you didn't even know about 3x etfs then you have an even a smaller chance of setting up your account with 100% compound interest than I do (and even my odds aren't that good!)

[edit on 1-9-2009 by RetinoidReceptor]

This just crack me up,

Madoff's Long Island Beach Getaway Put Up for Sale

Well anybody here needs a beach house for the summer?

www.cnbc.com...

Well the house is not "As big as expected"

Another news that make me puke,

Bank Earnings to Spike 300-500%: Bove

But then again this what it follows on the news.

Earnings and US banks will likely growth by 300 percent to 500 percent from 2011 to 2015, Rochdale Securities Banking Analyst Richard Bove said in a research note, Reuters reported Monday.

Liquidity and capital will be the base for the significant earnings growth, Bove said.

1,000 Banks to Fail in 2 Years: CEO

Well I guess what the story is all about is . . . that big to fail banks will keep gouging the consumers do get record profits and to achieve this record profits they are killing the competition

www.cnbc.com...

US Credit Card Satisfaction Down Amid Higher Rates

Banks gouging consumers until 2010.

www.cnbc.com...

When my daughter got BofA first raise on her interest after she asked them to lower them due to good credit and repayment record they denied her she went to her local bank where she works and go a better deal on interest and pay back the BofA card, told them that they were nothing but crocks.

She got away from them, but millions of America are stuck with this dirty rats, Now they want to cut competition from smaller banks killing them.

So their credit card monopoly can go on for ever.

STOCKS NEWS US-Credit Suisse downgrades U.S. equity market

part of today's sell off, as well as a rumor....

11:31 EDT theflyonthewall.com: Market drops as bank failure rumor circulates
The averages have now fallen into negative territory and are near their lows of the morning. The weakness is being attributed to profit taking and a rumor of a major bank failure.

reply to post by RetinoidReceptor


triple ETF's? FAS has come down from 80 to 71 since yesterday which would have been a big hunk of change for me almost a grand. I sold my oil fund when the stock market broke this morning and paired my losses to 69 bucks. My problem now is the 3 trading day settlement rule, with the market this volatile you need to be able to session trade

[edit on 1-9-2009 by fromunclexcommunicate]

Hey look at the DOW today...Tue, Sep 1, 2009, 12:15PM ET

Dow 9,343.32 -152.96 -1.61%

reply to post by THX-1138


What will be your strategy?

You will need quite a system.

Like I said, it can be done, and right now without getting too ahead of myself I think I have figured mine out w/o blowing up this time. Although it handles much less risk (never more than 100 contracts on the line at one time)

46-4 winners to losers right now with a max loss of only $800 averaging $1000 a day... I am just waiting for that one trade though lol...

reply to post by redhatty


I guess the predictions of a Dow over 10,000 is going to smoke with the swiss banks downgrade.

I wonder if they are doing this in retaliation against the US going after oversea accounts for tax evaders.

After the news on sales (thanks to the clunkers programs) was going to make the economy look like blooming fields of pansies.

reply to post by marg6043

Tue, Sep 1, 2009, 12:39PM ET
Dow 9,322.08 -174.20 -1.83%



[edit on 1-9-2009 by warrenb]

Originally posted by warrenb
reply to post by marg6043

 

Tue, Sep 1, 2009, 12:39PM ET
Dow 9,322.08 -174.20 -1.83%

[edit on 1-9-2009 by warrenb]

I'm keeping a close eye on it also.

Wall St tumbles on worry about more bank failures

NEW YORK (Reuters) - U.S. stocks sank on Tuesday on increasing worries that there could be more bank failures and concerns that equity prices may have run ahead of the economic recovery.
"The chatter from (some) hedge funds is that there is a bank default"

Source

Maybe the sucker's run up is finished?

reply to post by warrenb


AIG is dropping like a rock.

Last Trade: 36.78
Trade Time: 12:33pm ET
Change: Down 8.55 (18.86%)
Prev Close: 45.33
Open: 41.04
Bid: N/A
Ask: N/A
1y Target Est: 25.00
Day's Range: 36.02 - 43.15
52wk Range: 6.60 - 493.60
Volume: 56,198,435
Avg Vol (3m): 27,901,100
Market Cap: 4.95B
P/E (ttm): N/A
EPS (ttm): -669.44
Div & Yield: N/A (N/A)

Originally posted by lucentenigma
Maybe the sucker's run up is finished?

Cross your fingers!

Nice to see AIG getting it's due

This what happen when you have news like Bank earnings to spike 300-500% but then again have news that said 1,000 more banks to fail in 2 years

It makes no sense but to bring a conspiracy of big banks monopoly.

But then again the dollar is getting stronger.

[edit on 1-9-2009 by marg6043]

Nice article I found,

Monopoly Money Round Two with a Teetering Economy

It seems that the same mess that created the housing bubble and credit mess is building momentum again, I guess the corrupted banks can not get away from the ways that made them so wealthy

Remember the whole scam of "repackaging" sub-prime mortgages with "good" instruments to get AAA rated investment instruments, which then fed into the credit default market, which brought the global economy to its knees (where we still are)? Well ... they are doing it again.

According to a report by Matt Apuzzo with the Associated Press, Wall Street's way out of the economic mess is virtually the same one that got us into the mess.

Can you believe this crap,

In recent months, banks have tiptoed toward a possible solution, one in which the really good bonds get bundled with some not-quite-so-good bonds. Banks sweeten the deal for investors and, voila, the newly repackaged bonds receive AAA ratings, a stamp of approval that means they're the safest

So they think they can get away with scamming stupid investors with their bundle packages

www.opednews.com...

Wow guys, one down day and everyone and their brother is back at it again.

Its pretty laughable around here sometimes, but I still enjoy it. Keep it up guys.