Futures are 4 points to the downside this evening, setting up for a poor opening on Monday. Does anyone still put any credence into the god damned futures market anymore? The people who trade futures must be halfway retarded fortune tellers who enjoy to be beaten about the face and chest with war-hammers.
I don’t get it.
Each and every day, the god damned futures are down 4. Sometimes it gets real panicky and they go down 9 or 10. By the time the market opens for trade, they are flat and then the market pistol whips all of the futures traders–again– soaring 200, goose-stepping on necks and eyebrows all the way to the bank. I’d rather sit in a room, by myself, and eat lemons all day, instead of trying to predict the future of the market, on a tick by tick basis, with leverage to boot.
I am sure some people have gotten rich trading futures. It’s easy to see how. Make the right trade and voila, presto: you’re rich. But you’re not gonna keep that money, pal. The house always wins and in this case, you’re not the house.
No matter how much money you have, the futures bandits will take it, snatch your gold chain and leave you in the gutter begging for a roasted beef sandwich. If you want to gamble and have very little regard for personal health and life expectancy, trade equity options. As you know, I had my run with options here and had to stop, since my addictive personality was causing it to be a ‘going concern’ for house Fly. I am sure I’d blow up my entire fortune, fantastically in equity options, if given free reign over the families assets. Like any responsible wife, on occasion, I am placed in cheque, convinced to discard my inner savage, who’d be content spending all day and night trading the options market, whilst drinking single malt scotch from the bottle. It takes a strong woman to tame a predator hawk, such as myself, flying about the woods, picking up men and throwing them off the mountainside– not for necessity, but for pleasure!!! (more than 2 exclamatory marks represents acute mental instability. Trust me, I am a Doctor)
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Totally off topic, I am working on my trip to NOLA for Mardi Gras, anyone from the Big Easy? Is Orpheuscapade a good idea? Market topped out at SPX 1755ish, now overbought…yet buying at the end of the Europe session and selling at 2:45ish has been working forever…stupid POMO.
Ask Ragin Cajun. He’s from those parts and would be happy to escort you.
Orpeuscapade is a great idea. And, don’t miss Endymion (Sat night before Mardi Gras) — the best of the best.
Thank You Ragin! I am going to be at the Hyatt Convention Center, so I won’t have to drag the Cooler that far. This Calif Girl can’t believe that you get to bring your own liquor in and drink on the streets..this is going to be so much fun! Last year I did Carnival in Italy, it was Confetti not beads…lets see if NOLA can top it, 🙂
Also, Hi Fly…Happy 2014
Futures are 4 points to the downside this evening, setting up for a poor opening on Monday. Does anyone still put any credence into the god damned futures market anymore? ……Each and every day, the god damned futures are down 4.
You’re right Fly- – –
I’m getting the same thing. Don’t think it used to be that way. You can’t trust the futures ahead of time. Tomorrow could be up or down 20, or up or down 40. http://www.bloomberg.com/markets/stocks/futures/
for a brief period of time I focused only on /ES futures. It’s a never ending casino because most days the market is only closed for 15 mins or an hour depending on maintenance schedule. For that reason I didn’t like it because I felt always exposed. At the gym 8:30pm worried about a margin call is not a healthy way to live. Too many times waking up 3am and grabbing the phone to check the futures. Or waking up 6am to being up or down 5 figures. I like the option and stock game as 4pm is closure where everyone puts down their weapons for a small break.
you were doing futures wrong,,holding overnite
The tape has been zombie since the new year. The catalyst for further new highs may be a dump. Not that, that is news.
Anyone have a dalliance w. this French girl, MONIF, yet?
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MONIF? Dalliance? Never heard of her…
Business Summary
Monitise plc, a technology and services company, provides mobile banking, payments, and commerce solutions for financial institutions, payments companies, retailers, mobile network operators, and other service providers in the United Kingdom, the United States, India, and the Asia Pacific. Its core products include Bank Anywhere, a mobile banking service allowing consumers to access their bank accounts and finances anywhere; Pay Anyone, which enables SMEs to accept card payments anytime, anywhere, or allows consumers to pay bills and send money internationally; and Buy Anything, a mobile commerce market that enable consumers for mobile shopping on their smart phones. The company also offers implementation, design and development, adoption, support, and managed services. Monitise plc was founded in 2003 and is headquartered in London, the United Kingdom.
Mais oui.
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oui, monsieur
actually, I thought it was a Brit
Options are dangerous, but look at OA – dude kills it with his calls.
hmmm futures trading works,,if you do it right..step 1..dont trade after hours