soku wrote:some smart ass told me vix term structure indicated the ruling last weekend. and he long hospital and short insurance to be roughly neutral. damn it. i am learning
A friend of mine has a small, and dwindling, insurance business with mostly health care. He said he is now out of business.
SWalsh wrote:I hope everyone is familiar with the increased taxes on everyone, but illegals, that will go into effect in January. Unless there is a stunning turnout from the Moral Majority (I think Nixon coinded that term) we might have a president for life.
The 1/4% trader tax that Europe wants and socialist government being elected? I have news for any day trader. You cannot trade with 1/2% of every trade you do is "taxed" to fund the bailouts. The mkts will die while "banks" get exemptions.
A lot of bad things just happened. And unless the republicans take both houses and can defund the "tax" that goes into this, if that is even possible, it's over. Socialism light, then socialism hard. Own stocks? No, sorry....won't do it.
TraderGirl wrote:Posted this chart of SLV last night...
Yeah thanks TG, sold at open with tiny loss, I was hoping for higher inflation - lesson learned again - frontrunning is no no no and fundaments sucks
where is all that printed money btw? why is inflation so low? they are eating them or what?
never mind thanks senorita <3
Any mention or even a hint of QE and it will pop right back up though.
‘the petrodollar is our currency and our problem’....Gappy
grachu wrote:whats the deal with the health care .. I really don't understand what these people in CNBC are saying . .... the supreme court said is constitutional or not ?
Every illegal gets health care and votes for a democrat. Socialism sucks. "The Road to Serfdom" spells it out nicely.
What's been invented in Europe in the last 50 years?
"Tax the rich....feed the poor...till there ain't no....rich no more"
TraderGirl wrote:Posted this chart of SLV last night...
Yeah thanks TG, sold at open with tiny loss, I was hoping for higher inflation - lesson learned again - frontrunning is no no no and fundaments sucks
where is all that printed money btw? why is inflation so low? they are eating them or what?
Is it my imagination or did Cobra just post this on Monday:
"Please limit your discussion on trading related topics only.
You all know I could sell my intra-day calls for an expensive monthly fee, yet I offer it for free, on the condition that excepts the intra-day comment, it asks no more extra time for me to maintain the right atmosphere on the forum. So please no unrelated topics here. I really don't have time to judge who's right or wrong, I only know I have no time, so if I'm forced to do something, the action would be very rude without considering who's right or wrong at all. Thanks for your cooperation!"
so far it looks like a bear flag, so the bias is still down.
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My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
while indices are having strong come back, the aapl may form a descending triangle, not good.
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By Market News Int Fixed Income Bullet: Gold/Silver; "Precious metals down sharply with front- month silver futures testing major support at $26 (triple bottom support) to $25. Traders suggest a break below that level could spill over into gold, with critical support in the Aug Comex gold contract at $1530."
‘the petrodollar is our currency and our problem’....Gappy
TraderGirl wrote:Higher low for GDX or lower low?? Most likely depends on GLD and when it bottoms....
Hi TradeGirl, how do you come up the second black line? thanks
I think you are probably talking about the triangular support line...It is just an imaginary line created a while ago that intersected the potential support area of the dotted lines...I should probably remove it so as not to confuse anyone...Thanks!
GLD?? Analog says we would print a higher low...at #8, we shall see in the next week or so how this works out..
could see a turning point in Gold Silver around July 3-6th...