That’s it, I’m officially spooked. I don’t like the tone of everything; it’s so fucking ominous. By hook or crook, I am raising cash tomorrow and I might throw on a short sale or two, in order to protect my winnings. As much as I would like this market to break out to the upside, it’s apparent to me that risk is becoming a bad word. And plus the dick-suckers from HCA are coming public again. This just wreaks of market top.
My favorite hedge, under normal conditions, would be SCO. However, the beasts from the middle east have ruined that trade. I might go with something more traditional, a classic ETF like TZA or EDZ. I don’t mind getting electrocuted in one of those fuckers for a few days. They’re just trades people. There is no reason to over-think this shit.
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Agreed! Too many dynamics all swirling around at the same time here…
Whether you like him or not, Obama has a pretty shitty situation to be dealing with – on all levels!
THE TELEPROMPTER WOULD LIKE TO HAVE A WORD, just not yet.
Obama is aching for the economy to implode so he can usher in his Fabian socialist wet dream — Agenda 21.
tell that to the wisconsin union…
everybody’s accusing the other one of “using” the economic crisis to usher in agenda. everyone has an agenda tell us something new.
Better safe than sorry going into the Ides with the Suez on fire and the midwest going bonkers…
Go with VXX!
Lost $5million in VXX last year. I even made T-shirts to memorialize my stupidity. NO THANKS.
http://merchandise.ibankcoin.com/magento/index.php/status-symbols/vxx-immunity-holiday-costume.html
That will put a dent in the wine fund!
I would love to be able to lose 5 million dollars.
just because you can lose money doesn’t mean you can make money
The best wines always seem to be from small little wineries that no one ever heard of, that have a talented chemist working magick in the back room. Nothing to do with $$$, really.
I live in the middle of WA state wine country.
Buying name brand doesn’t mean diddley. Just means you subscribe to the sheep way of life.
Well said – same here in CA
Best product description ever lmao
Stick with the double inverse.. I bought some QID & TWM today when I saw copper tanking..
It’s been a bullshit, QE-driven risk-off trade for the last two years anyway. Between now and QE3 anything could happen. Not a good time to be putting your balls on the board while speed-chopping carrots.
PPT subs: here is your ETF hedge list:
http://ppt.ibankcoin.com/?p=5283
How spooked? I hope not this much:
Just before a tsunami, they say that all the water from the beach is sucked into the ocean.
Some people watch in amazement. Wow, look at that. What’s going on? (Those are the ones that die.)
Anyone who knows what is happening, is running for their lives.
The Fly afraid…. futures will turn green and all will be well. POMO
Mick, There is NO POMO tomorrow. We get the new schedule in the afternoon….you know I am giddy fly…but Bulls will probably just slap me down again.
NO NEED TO PANIC at 4pm…. 7 hours later BE AFRAID …. nice
QID is you best hedge, chief, especially with the semis busting loose today.
But back on my blog, it’s opportunity time: Cast out ye nets, fishermen!
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As it is a leveraged ETF, any idea how QID holds up over time with readjustments?
Don’t like QID. I need more juice
Puts? (I’m a little new here so I’m guessing it’s likely you’ve already explained why you never trade options.)
Gotta short QLD or TNA for juice. Tough to borrow sometimes though.
MARCH
Long month
St. Patrick’s Day Rally (March15-17)
Late March short market
Triple witching volume and volatility on 3rd Friday, final hour
APRIL
Long month
Late April begin to short for long-term
MAY
Short or sideways month.
July and September are also supposed to be bad months. How’d that work out for the bears in 2010?
I think seasonality is completely turned upside down at the moment.
JULY
Short or sideways month
Low volume
SEPTEMBER
Short or sideways month
Bears win the week after options expiration in Sept.
Rise after 9/11
Rise after Labor Day
Triple witching volume and volatility on 3rd Friday, final hour
Both are potential sideways months, seasonally. The predictiveness of seasonality remains unbroken.
July and September were not even close to “short or sideways” in 2010. The predictiveness of seasonality is far from being unbroken.
will Merlin be around tomorrow?
TVIX looks like that hot chick with the short skirt. wait for her to make a move
FUCK YEAH
Ive been waiting for this since 1250.