tag:blogger.com,1999:blog-6842036031859472688.post5489766950761291813..comments2024-03-20T23:01:34.838-07:00Comments on Art Of Trading: This Time Feels DifferentUnknownnoreply@blogger.comBlogger7125tag:blogger.com,1999:blog-6842036031859472688.post-29436679512947664162010-05-08T14:16:33.778-07:002010-05-08T14:16:33.778-07:00I totally agree. My hunch is the interest rate sw...I totally agree. My hunch is the interest rate swap market is responsible for this crash. What happened with mortgage backed securities is happening with currencies. As soon as I understand it better I'll write an in-depth article.<br /><br />Stocks like NFLX running outside three deviations on their entire price history was making me question everything I've learned about linear regression and mean reversion trading. It's comforting to see reality again.<br /><br />NASDAQ would not let retail traders exit FAZ on Thurs. during the last 1.5 hours. That was really disturbing. FAZ did 165M shares that day, but no bids? I'm done trading ETFs. Another reason I think the swap market was involved. <br /><br />This is a slightly different animal now.<br /><br />http://www.gamingthemarket.com/delever-before-the-hike.htmlgamingthemarkethttps://www.blogger.com/profile/08889681397770964604noreply@blogger.comtag:blogger.com,1999:blog-6842036031859472688.post-65204504898666521902010-05-08T11:46:53.422-07:002010-05-08T11:46:53.422-07:00hi GTM, nice to hear from you again as well.
The ...hi GTM, nice to hear from you again as well. <br />The recent market action smells of a major top in equities and my gut feeling says we will see shades of 2008 type action return to the markets. Volatility is making a comeback!!Stewiehttps://www.blogger.com/profile/18426469322190080207noreply@blogger.comtag:blogger.com,1999:blog-6842036031859472688.post-19102067134836520682010-05-08T11:45:09.416-07:002010-05-08T11:45:09.416-07:00Hi Blue,
So you are going to be a financial plan...Hi Blue, <br /><br />So you are going to be a financial planner! that's good man. But be ready to lengthen your holding time frames. No more watching 15 minute charts! haha. <br /><br />good luck bro.Stewiehttps://www.blogger.com/profile/18426469322190080207noreply@blogger.comtag:blogger.com,1999:blog-6842036031859472688.post-34295555519632506712010-05-05T17:29:41.627-07:002010-05-05T17:29:41.627-07:00The Fed has to raise the prime rate. Before they ...The Fed has to raise the prime rate. Before they do international banks have to delever. The leverage in interest rate swaps dwarfs what AIG did with mortgage swaps. Many contracts are 1000 to 1. I think this type of distribution is what's going on.gamingthemarkethttps://www.blogger.com/profile/08889681397770964604noreply@blogger.comtag:blogger.com,1999:blog-6842036031859472688.post-20216031550128299062010-05-05T16:52:39.083-07:002010-05-05T16:52:39.083-07:00What would be funny is if:
Feb 5th = Bottom
May 5...What would be funny is if:<br /><br />Feb 5th = Bottom<br />May 5th = Bottom<br /><br />Viva, Cinco de Mayo!<br /><br />I'm still 100% cash and take it one scalp trade at a time. <br /><br />p.s. I got sponsored and I'm gearing up for the Series 7 and 66. I'm going the Financial Planning route for a while along with my personal trading.Bluehttps://www.blogger.com/profile/07458014542795974566noreply@blogger.comtag:blogger.com,1999:blog-6842036031859472688.post-43300967639549768062010-05-05T16:48:41.761-07:002010-05-05T16:48:41.761-07:00It looks less like a top if you look at the situat...It looks less like a top if you look at the situation in global stock markets, not just the US. Australia and Europe have been quite badly hit in the last few weeks.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6842036031859472688.post-63626524722716356462010-05-04T19:44:56.277-07:002010-05-04T19:44:56.277-07:00The last 3 days were crazy. Down 150, up 150, down...The last 3 days were crazy. Down 150, up 150, down 200. I had no idea it would go like that. I just know the down volume has been larger than the up volume so that can't be good. Let see what tomorrow brings!Anonymousnoreply@blogger.com