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11/10/2017 Live Update

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Al_Dente
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Re: 11/10/2017 Live Update

Post by Al_Dente »

"DOJ announces distribution of more than $770 million to Bernie Madoff victims" :o
https://www.cnbc.com/2017/11/09/doj-ann ... ctims.html
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Daniel
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Joined: Fri Feb 10, 2012 4:27 pm

Re: 11/10/2017 Live Update

Post by Daniel »

"On March 12, 2009, Madoff pled guilty to 11 federal felonies and was sentenced to 150 years in prison. He was also ordered to forfeit $170,799,000,000."

I can't wrap my mind around that number. It's like a bowl of spaghetti-Os to my mind.

And, how did the DOJ come up with that number, with that cute little '99 at the end? And, if so, then why has so little been returned to the victims..?
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Al_Dente
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Re: 11/10/2017 Live Update

Post by Al_Dente »

HAPPY HOUR
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Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 11/10/2017 Live Update

Post by Al_Dente »

McClellan on the new Fang Plus futures
https://www.mcoscillator.com/learning_c ... fang_plus/
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
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Re: 11/10/2017 Live Update

Post by Trades with cats »

Nice catch by McClellan. The one difference that maybe he doesn't care about but I do is how much leverage do you get. The juiced ETF's have pretty strict margin requirements, I think no more the 25 to 50 % so at most 6 to 1. The nice thing about futures is you usually get 20 to 1 or so with the exchange suggested margin. The other issue is getting out of your position. At least the ETF's have market makers behind them, nobody is behind the futures contracts except another trader.
Trades with cats
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Re: 11/10/2017 Live Update

Post by Trades with cats »

Waiting for that 3:30 Express to move us into the green for the close. :)
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Cobra
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Re: 11/10/2017 Live Update

Post by Cobra »


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Cobra
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Re: 11/10/2017 Live Update

Post by Cobra »

well, guess that's it for today. Monday has been mixed. thank you guys, I'll see you in another thread soon.

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