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Stocks Are Stupid
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Stocks Are Stupid

by Trading GangsterOctober 8, 2019

Good morning fellows and fellowettes of Evil Speculator! While Mole is recovering from his cPanel eviction, I’m here to drop relevant knowledge for you to use and better your trading. This is my first post since returning from the greatest party and spiritual adventure in the galaxy, Burning Man 2019. It was my Β third burn and my first with the pinnacle of red neck engineering, Burn Force 1. That’s me attempting to catch some sleep post dawn one morning.

I found Burn Force 1 in the Cocoa Beach, FL Craigslist section as a neglected 2001 Winnebago Journey diesel pusher. Complete with a leaky roof and plenty of water damage. Only this particular model had a Clark forklift disassembled and attached to the chassis of the RV on the back, repurposed into a platform lift. As a mechanical engineer myself, I was really impressed with how well executed it was and the 9 months it took to build it. Why would someone attach a forklift to the back of a RV?

So they could drive Burn Force 1 to the infield of NASCAR races and watch the race from the viewing platform, which holds 12 people and extends 4 feet over the roof.

At Burning Man, we repurposed the lift into the Burn Force 1 Space Program ™ for viewing sunrises and sunsets on the playa. Getting Burn Force 1 repaired from it’s years of neglect was tons of work in 2 weeks, but when fellow burners said watching the sun rise from the viewing platform was the highlight of their burn, it made it so worth it.

On to the main course for today..

Today I’m not going to geek out on standard deviations, Kalman filters or any other quant dorky stuff. Instead I’m going to go in the opposite direction and talk about something that I really think all traders need to really pay attention to: what instruments are you trading? Futures, stocks, crypto, currencies or options?

If you would’ve asked me that question 5 years ago, I would have said stocks. If you would have asked me a year ago, I would have said primarily stocks and maybe options. And on October 8th, 2019, I declare the answer is we all need to be trading options. Period.

So why the shift? The short answer is I’ve seen too much and I know too much. This year, the majority of my trading profits are coming from my options trades. I do some quant geekery to get in and out of my trades, but I’m placing them just like normal humans using manual order entry. Only as a professional, I’m 100% aware of the risk I take and have checks in place to make sure I’m not going to blow some shit up.

That’s all nice, but the real reason all of us should be trading options stems from a conversation Mole and I were having on Saturday. We were discussing some market conditions that are likely to be in place for the foreseeable future:

  1. We are going to be living in a world of more whip saws intraday
  2. Volatility is going to remain higher, i.e. the average VIX reading will be higher
  3. #1 and #2 make trading more difficult

As an example, let’s look what happened yesterday into the close in IYR, I trade I was long in and got stopped out for a scratch:

The majority of the market did a U Turn Jones in the last 90 minutes of trading and headed south. Here you can see IYR goes crashing through VWAP when it had been flying high all day.

The important thing here is I got stopped out. With any trading instrument, stock, future, crypto, etc. unless you’re a theorist who doesn’t believe in stop loses (until that theory falls apart and you go broke), almost any sane trader is placing a stop order as soon as they enter a trade.

This is where the magic of options come in that I feel like most traders miss, including me for a long time. Let’s say we have a super simple trading strategy, we enter long with a stop at -1R and a target exit at 1.5R. Once our stop is hit, we’re out of the trade with -1R and onto the next one. Simple enough even the fine folks on the trading desk at Wu Tang Financial could comprehend.

However options change the game here. Let’s say you have a $100k account and 1R = $1000 which means for standard position sizing, I would need to buy 3444 shares of IYR or roughly $320,000 in order to make the trade. The first thing your probably noticing is that if your a retail trader, almost all of your trading power is now deployed in one trade with 4:1 leverage. Not ideal at all and this trade would suck on the retail front.

The IYR near expiration options are very liquid and the spreads are tight.

I could duplicate the same trade using options. Now I’m going to pay more in the spread, but I’ll more than make up for it because of the compression vs. expansion of the option as the price moves in my favor or against me. In options geekery this is delta and gamma. In English, if the price of IYR moves up by $1, my options might increase in value by $.70. And if the price moves against me by $1, my options might only decrease by $.55. This is a huge advantage if you wash, rinse repeat over many trades.

The second benefit, and the biggest in my opinion, is that if this trade is setup correctly, we are immune to whipsaws in the market. By setting this trade up correctly, the total cost of the options should be $1000. So if the trade goes to shit, I’m out $1000 worth of options. And if it goes in my favor, the $1000 worth of options I bought are not worth $2500 (1.5R). No stop loss needed, the position sizing when getting into the trade takes care of this. This of course takes some more work than a stock trade of finding the right delta/gamma combo or the trade, but it’s work that is well rewarded.

Circling back to whipsaws, if the stock whipsaws and the options collapse in value, I don’t close the trade out. I let it ride because my risk is already defined by the total amount I paid for the options, $1000. There is a high probability that I will close the trade out for less than a -1R loss and I’m still in the game after a whipsaw move. This is a huge advantage especially for new traders that will struggle to place stop losses. Or when the trade is moving against them, they start widening the stops with the “…but I just know I’m right!” mind fuckery broadcasting in their head. We’ve all been there.

If you want to test this out on a trading strategy, try removing the stop loss from your trading strategy and running a backtest. In many cases, you’ll find your expectancy won’t change much or might actually improve, but you’ll end up taking some massive -20R loses along the way, which is totally unacceptable for most traders, including me. However what you’ll probably notice that in many cases after a stop loss is hit, the stock/future/crypto does a U Turn Jones and ends up hitting your profit target.

That’s it for today. Like Wu Tang, get, grab, in, out. If you’re a stock trader, start looking at options in place of your stock trades and you’ll be well rewarded.

 


About The Author
Trading Gangster

  • Mark Shinnick

    Hope to hear from RW today. (Turnaround T)

  • Mark Shinnick

    Well, in summary, came in size equity short and all-out of long bios, but still no drv signal, though really close.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Great post gangster.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    yeah man, I was driving in just now thinking, what if he didn’t make it?

    https://www.youtube.com/watch?v=gyBQew7B9C8

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Darkthirty

    Looks like taco bell for dinner. 2nd from the left is holding her nose and the other 2 are ……

  • Darkthirty

    Any idea of what procedure?

  • Mark Shinnick

    Yeah…all sorts of things can happen in that.situation..Neil Armstrong, Joan Rivers and many others needlessly lost, for example.

  • http://www.quemango.com Herb InCebu
  • Darkthirty

    A couple of questions for Trading Gangster. Assuming the bots are fast enough to pull an offer after a bid is made, is it possible to move the market without a completed trade? With the S&P at 3000 how much capital is required to add 20 pts in a minute?

  • https://evilspeculator.com Sir Mole III
  • https://evilspeculator.com Sir Mole III

    if I may – yes those games have been played in the past but are now more aggressively monitored by exchanges. Not to say it’s not happening here and there in some form or the other but on a widespread basis I’d be surprised as it violates exchange rules.

  • http://ibergamot.blogspot.com/ i Bergamot

    hmm… options…
    been there done that

    my conclusions were as such:
    1. I never made as much as I should and i always lost more than I could.
    2. There is a broker’s kid somewhere that i put thru college with all the commissions I paid.
    3. Options sellers make money all the time, until they lose it all at one time (see “picking pennies in front of steamroller”).
    4. Option buyers lose money all the time, until they make alot at once, and then continue to lose all the time because of 1,2 and 3 above.
    5. Exchanges benefit tremendously by all of this. I don’t play against the house!

  • https://evilspeculator.com Sir Mole III

    Tony and I had a chat the other day about our future offering which resulted in an epiphany which in turn inspired this post. It’s what I have been attempting to drive home over the past few weeks in some form or the other.

  • https://evilspeculator.com Sir Mole III

    1 – 5: you’re just not doing it right. Let me guess – you were trading direction via naked calls or puts?

  • http://www.quemango.com Herb InCebu

    Quote stuffing rules have been in place since the 1970s. But I think the the SEC has not enforced them recently.

  • https://evilspeculator.com Sir Mole III

    I wonder how widespread it really is though. Places like ZH have a habit of blowing some of that stuff out of proportion as they are in need of constant clickbait.

  • BKXtoZERO

    Out of yesterdays TVIX from 13 area and prior small lot at 14.5 at 15.2 (for now) watching closely
    https://uploads.disquscdn.com/images/b642a590f3da89dd8e9f74ddf3ecf806878b7ae9a172099f8f4a646f22308edc.jpg

  • https://evilspeculator.com Sir Mole III

    Hehehe πŸ™‚

  • http://ibergamot.blogspot.com/ i Bergamot

    correct.
    I also played vertical spreads, butterflies and iron condors – those worked somewhat better, but sucked so much funds – I was basically trading one idea at the time, making account very concentrated and volatile. In the end i lost it all.

  • TradingGangster

    The majority of the equities markets are driven by algos, so the question is does the order book activity drive price? Not so much as it used to in equities, but still does in thinner markets like futures. In 2017 a Chicago trader got 5 years prison time for flash placing/yanking bids into the book to manipulate price, after it was determined the scheme netted him $20m in profits. 5 years was harsh, but the judge wanted to make a statement and did. If you look at most/all of the cases of the feds prosecuting spoofing, it’s all been in the futures markets.

  • https://evilspeculator.com Sir Mole III

    Well it seems you were on the right track there. Did you just trade one butterfly at a time or did you spread them out over several expirations?

  • https://evilspeculator.com Sir Mole III

    I guess too much liquidity and someone lifts the ask or hits the bid before you can pull it.

  • Darkthirty

    I run through ZH et al. But I NEVER believe anything I read until I can prove it. I’ve watched AH 10 pt a minute spikes in motion, the ask will blow past bids then turn and pick them off. I think Herb is correct on the SEC. The MMs don’t get busted for spoofing, just some guy in his mom’s basement. After the 15 years that I’ve been aware of PM manipulation, suddenly they “investigate”? WTF

  • http://www.quemango.com Herb InCebu

    There would be a tendency to hype a crisis by ZH and others. But some HFT have managed to get plugged into the same Telco switches as the exchanges and at some have fiber pulled between NY offices and Chicago to run there algos. – so I have heard. Seems it is killing liquidity.

  • Darkthirty

    Options are for scalping, loss of time value is no issue on a 2-3 hour position.

  • https://evilspeculator.com Sir Mole III

    BTW, I’m not saying you personally suck or did anything wrong. The problem is that the vast majority of people don’t learn how to trade them properly. The tutorials out there are mostly focused on various multi-legged strategies, which is completely wrong. Once you fully understand how to calculate your risk and realistic upside on a vertical spread then everything is very easy.

  • Julie 35 – 25 – 36

    EXAS Out of remaining 1/2 position long (stopped out as yesterday moved stop up.) made a little on 1st half and basically slight loss 2nd half for a total gain of lunch money.Better than a poke in the eye.
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    “Next thousand trades”.

  • http://ibergamot.blogspot.com/ i Bergamot

    no, my account was too small for that.
    i started with $4k, lost half on options.
    added couple grand, lost 75% in futures.
    restarted few years later with larger account doing it all together (for better “diversification”) – daytrading leveraged etfs, options, futures, currencies, commodities…

    lets just say that this was not my cup of tea πŸ™‚

  • BKXtoZERO

    Back in same TVIX 15,25 that I sold 15.2

  • BKXtoZERO

    Also back into DRV 27.04

  • http://ibergamot.blogspot.com/ i Bergamot

    lol, thank you for being so gentle with me, but I must admit – I did suck at this daytrading thingy and made many mistakes

  • BKXtoZERO

    added to UGAZ today 13.6

  • Julie 35 – 25 – 36

    GG EXAS yesterday needed to close above 93.06 and failed to do so Red Alert activated …FlasH …. Flash ! !
    JULIE

  • BKXtoZERO

    Short URmom 37.5

  • Mark Shinnick

    Same here.

  • BKXtoZERO

    gets tiring, not much happens either way but ONE OF THESE DAYS ALICE
    https://uploads.disquscdn.com/images/1c7313bdb54b5b9a70b29f70fc95c08cb472ed889bad3e5f744892354f3cd621.jpg

  • Mark Shinnick

    Yes…its still very-short-coupled with tighter stops right now but the probabilities seem to be there.

  • BKXtoZERO

    VWAP 2912

  • Julie 35 – 25 – 36

    Guys SPY at 60 min lower cloud and 61.8% retracement and oversold 60 min chart. Must bounce here SPY 60 min VWAP 289.97 https://uploads.disquscdn.com/images/15a9e369657f8dd025e20e80e460873b677b11bff42bf8cd19714079d533f55c.png
    JULIE

  • Julie 35 – 25 – 36

    Guys Anyone know anything about RW ? He had surgery last week. BL has been absent too
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    You didn’t hear?

  • Julie 35 – 25 – 36

    ? ?
    JULIE

  • https://evilspeculator.com Sir Mole III

    I hope he’s okay!!

  • http://ibergamot.blogspot.com/ i Bergamot

    aha
    try this: buy option near open, then check around noon if the price of underlying is unchanged – lo and behold – your options are few % cheaper.
    Of course, there is a mathematical explanation of why it happens

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • dberliner

    Hey Mole, quick question. Is the 10:15 Trend Alert still happening? or is it temporarily off due to site migration?

  • Julie 35 – 25 – 36

    New puppy or kitten the vet told me to get them outside to play around. Doing so builds their immune system for life
    JULIE

  • Julie 35 – 25 – 36

    SPY LOD was the bounce off lower cloud and 61.8% retracement per 60 min chart shown below to watch out for
    JULIE

  • Darkthirty

    Try this: Find a series of TA indicators that show reversals on a 1 minute chart. Buy/sell naked options upon confirmation. Sit on your ass and monitor them until the next reversal signal is given….GTFO. ATM wed exp options are +/- $250 with a 5 pt move. Caveat…random tweets/algo programs negate the profitability of any position

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    DOW 26333

    half evil.

  • Julie 35 – 25 – 36

    Guys I know there is better fish to fry BUT USO daily MACD 5,34,5 has been contained + 0.5 to – 0.5 since July Strong support 10 50
    JULIE

  • dojibarfly

    Is that true for Cougs too?

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    11:11 – Make a wish.

    off-to-lunch.

  • Julie 35 – 25 – 36

    Esp. Cougs lol !
    JULIE

  • Darkthirty

    Babies don’t get sick as long as their on the teat……

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • BKXtoZERO

    he he he he he…..

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    what? Is there writing on the Wall?

    https://www.youtube.com/watch?v=VZiVePJCpZI

  • http://www.captainboom.com/ captainboom

    Neither do I πŸ˜‰

  • http://www.captainboom.com/ captainboom

    BL is fine.

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    A bit early for TimeCheck.
    but looking at the stalemate, something *could* bust loose into the End.
    -GG

  • BKXtoZERO

    URmom stock is going down.

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    hey! let’s leave URmom out of it.
    πŸ˜‰

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Nothing to see here folks, AAPL is up nearly 3%
    please disperse.

    https://i.ytimg.com/vi/aKnX5wci404/hqdefault.jpg

  • BKXtoZERO

    I got nostalgic for grade school….

  • Mark Shinnick
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    We need some heat here Man!
    https://www.youtube.com/watch?v=UENRVfdnGxs

  • Mark Shinnick

    So…hanging overnight with size short. U doin OK?

  • BKXtoZERO

    Yes…me too. Long tvix 13.5 and 14.5…held both…in DRV today also held. In UGAZ held. Out of bond short the other day to get tvix and ugaz

  • BKXtoZERO

    Some kids in school used to sing Elton John Don’t let the sun go down on me….replaced with…..your mom. That one never leaves you.

  • Mark Shinnick
  • Mark Shinnick

    Got no drv signaling for this overnight hold…so much just stayed on the edge of signal….which would be a great way to keep many off the bus….seen that before.

  • Darkthirty

    Titty babies are happy babies!

  • BKXtoZERO

    Even if it goes up….it doesn’t do anything…weak daily chart that is struggling. It is what I put on when I don’t want too much tvix.

  • Mark Shinnick

    In 3x reality sure is more intense πŸ™‚

  • BKXtoZERO
  • Mark Shinnick

    Have one for RW.

  • BKXtoZERO

    Hope he is ok. He was one of the first on the board to tell me what a dumb phuck I was….which I really needed to hear to get on a better path.

  • Mark Shinnick

    Yeah…cool, we are all a decision-away from dumb phuck

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Ivan Hrusovsky
  • BKXtoZERO

    minor annoyance compared to TVIX

  • HD

    hopefully close to a bathroom!

  • BKXtoZERO

    LOL

  • BKXtoZERO

    What we have here is TVIX a break out, then a successful retest of down sloping wedge line, and now a lunch. Target 26 or the moon. We also have failure to communicate.

    https://uploads.disquscdn.com/images/4cf7b92909e83929c8d90643ecb21a5190bb39648f9f3eed8aaedd753727ac8b.jpg

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    800,000 Californians To Lose Power After Midnight?

    Welcome – to the Purge
    https://img.cinemablend.com/filter:scale/quill/c/6/9/7/c/c/c697cce3cc1b9b373715ae8807c63412bc433b15.jpg?mw=600

  • BKXtoZERO

    Nancy will have hers on I am sure……….

  • BKXtoZERO

    not any more…..

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    I’d like to meet her investment adviser.
    πŸ˜‰
    http://www.idyllicliving.com/uploads/3/7/3/2/37323099/p813.png

  • BKXtoZERO

    I saw your other post Gerb. I replied but I guess you yanked it. answer: I bet there will be an investigation as election draws closer. Probably lots of bombs getting ready to drop.

  • Cyd

    Mr G another foot of snow tonight and it’s snowing now
    Cyd

  • https://evilspeculator.com Sir Mole III

    Where are you located?

  • http://gerb-reloaded.blogspot.com gold_gerb

    it was political, best i not stir strife.

  • http://gerb-reloaded.blogspot.com gold_gerb

    walking distance from Julie. they’re best buddies.

  • http://gerb-reloaded.blogspot.com gold_gerb

    so you wear the pajamas with footies? πŸ˜‰

  • https://evilspeculator.com Sir Mole III

    Yeah that tells me a lot. Somewhere in Montana?

  • pepe

    Great post. Simple, smart and clear.

    Very much how I’ve been trying to trade since I got back in the game in August this year after a few years hiatus. Even when I’ve been wrong, I’ve been able to minimize loss to 0.5R. And so far I’m up 173% in my little trading account. One step closer to my own taco truck and maybe even Mezcal factory. πŸ˜‰

  • Mark Shinnick
  • HD

    53.50 is the 2960 for CL

  • Darkthirty

    Got friends in safe spaces?

  • Darkthirty

    35 is prime, nothing heading south yet and knows how to operate the equipment…….

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Me? oh, gawd no.
    πŸ˜‰

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Julie, Perkins is closed? oh the Humanitee!

    https://xlcountry.com/bozeman-restaurant-to-close/

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Once you go EvilSpec, you won’t go back
    πŸ˜‰

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Darkthirty

    I go to gong baths on the solstices and equinoxes. Kind of amusing the snowflakes consider me a “toxic male”. : D

  • Edgy

    Trading Gangster, thanks for the post! You’ve got mail.

  • pepe

    Back at resistance.

  • BKXtoZERO

    Long more UGAZ (day play only) 13.4

  • pepe

    USO starting to show strength. On track for slightly above daily average volume.

  • BKXtoZERO
  • BKXtoZERO
  • BKXtoZERO
  • https://evilspeculator.com Sir Mole III

    I’m just coming up for air after two weeks of having my head on the grindstone. How’s everyone?

  • BKXtoZERO

    out of today’s and half daily UGAZ position w small ding as H support did not hold

  • pepe

    TLT hanging onto a thread.

  • BKXtoZERO

    Enjoying life Sir… Thanks for your work here

  • Julie 35 – 25 – 36

    Doing great Chief Letting trades come to us and currently on sidelines. Made lunch money EXAS .Very difficult market to trade and being patient
    JULIE

  • Julie 35 – 25 – 36

    Momentum and selling volume are greater on down days than the momentum and buying volume on up days
    JULIE

  • Mark Shinnick

    Several “threads” all happening at once in here….just bound to keep as many as possible on the sidelines.

  • HD

    SI falling wedge?

  • HD
  • HD

    BOTs

  • Mark Shinnick
  • HD

    So far so good.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    https://www.youtube.com/watch?v=CVfFWs4BKBE
    ahead of it’s time. Machines above Humans.

  • Mark Shinnick

    Very nice slo-knife insertion into shorts.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    ‘got to close that gap’

  • BKXtoZERO

    Aaaaarg

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Mark Shinnick

    drv at true edge in here at a tight stop buy, but zero short equity indication.

  • BKXtoZERO

    still sitting on it too

  • BKXtoZERO

    aaaarg

  • BKXtoZERO

    I was just tapping the calculator to buy more tvix at 14.5 and by the time I was ready it was 15. Gotta be quick!

  • Darkthirty

    Did Orange Man queef?

  • Mark Shinnick

    Yeah, same here got 14.84. Also, drv support right where it really had to be.

  • Mark Shinnick

    That is exactly what’s been happening all Summer too.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    there’s a little german in the clip, maybe Mole can translate.

  • BKXtoZERO

    he he he he he…….. bottom dropping ooot

  • Mark Shinnick

    Wow…the calculus was so razor thin….but there nonetheless. Just wonder if its real.

  • BKXtoZERO

    So pissed I didn’t get my order filled. That will teach me to waste time using a calculator. JUST BUY!!!!

  • Ronebadger

    any “news”?

  • BKXtoZERO

    No trade progress….Chinese leaving early. They probably had to pay more for airfare to change tickets.

  • HD

    what a hit! ok who sold HWB!?! chart somewhere below

  • Julie 35 – 25 – 36

    Hi HD On sidelines No harm No foul !
    JULIE

  • HD

    I don’t blame you! I like this 2960,2929,2900 pattern. Be quick.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    such a patient kitty.

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Darkthirty

    Nothing wrong with the market! It must be you…..

  • http://www.quemango.com Herb InCebu

    This is a W bottom, to be followed by an “h” pattern then one of those candles that looks like a “F”.

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Darkthirty

    At least 100 pts Up and Down since the close…..never see them on a daily chart. How many did you pick off?

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Zero.

  • Darkthirty

    Not very greedy, are you?

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    yeah, I’m still working on it.
    πŸ˜‰

    https://cdn.joke4fun.com/media/posts/00000/5n9jo0wyj41y.jpg

  • Darkthirty

    100 fifty dollar bills would make for an enjoyable evening…….

  • BKXtoZERO

    Those Bastards!!! They killed Kenny!!!

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    still wish you had that order?
    ;-D

  • Mark Shinnick

    Well…in 1987 the 100 pt moves became commonplace, conditioning the market into a sort of acceptance. These moves (so far) are much lower %.

  • Julie 35 – 25 – 36

    Phony … Phony ! Turkey attacks Syria and tariff talks a bust and Futes come roaring back ! Only in America ! LOL!
    JULIE

  • Julie 35 – 25 – 36

    GG Patience is a virtue among us kitties. Were virtuous kitties lol!
    JULIE

  • BKXtoZERO

    There is a “they”. I know it…. I trade anyway. There are many other real players on top of it and your quants and all of that stuff….. but underneath it is a fraudulent market and I will STILL be back tomorrow trading something, but it is fraudulent.