Disqus - Friends of agwarner

Re: Gamma Raise

Procol — Mon, 25 Aug 2008 00:43:38 -0000

Bah. I keep looking for ways to make money that are easy and you give me this.

Ok, you can make amends by posting the easy money play next time.

Thanks in advance.

Re: United We Stand

Procol — Mon, 08 Sep 2008 13:09:20 -0000

No chance this was a scheme by a $5 an hour guy and a hedge fund guy.

None at all.

Re: Just Short on Plus Ticks, Baby

Procol — Wed, 10 Sep 2008 22:38:21 -0000

I've been vocal that I thought the tape was changed by the tick rule, but exactly why would its repeal result in a melt up?

I don't see it. Not melting down is not the inverse of a melt up.

Re: Who Has That Box of Plus Ticks?

Procol — Thu, 11 Sep 2008 13:22:38 -0000

if its going to zero then how much will you make when you cover?

I looked up inevitable and went full margin short immediately.

;-)

Re: Who Has That Box of Plus Ticks?

Procol — Thu, 11 Sep 2008 13:38:48 -0000

thats why I always keep a pile of FNM preferred stocks around for collateral

Re: United Stock Blues

Procol — Thu, 11 Sep 2008 16:06:42 -0000

whatever, they still need to investigate, and thoroughly, in order to discourage future accidents.

iykwim

Re: PPT on the Clock

Procol — Mon, 15 Sep 2008 10:13:35 -0000

Beware fey commentators

Re: PPT on the Clock

Procol — Mon, 15 Sep 2008 11:28:54 -0000

GE , we bring good things to life.

for put buyers.

Re: On Golden Volatility

Procol — Wed, 17 Sep 2008 14:41:06 -0000

mack says its partially short sellers.

why is is so hard to believe that gangsters arent behind this?

could even be bin laden money,

are these guys so full of sh*t that they''d be saying that knowing it was a lie? could be. hard to know for sure.

Re: On Golden Volatility

Procol — Wed, 17 Sep 2008 14:47:26 -0000

i think the sec is finally realizing they may be behind the curve against the boyz.

2 little 2 late? hope not

Re: On Golden Volatility

Procol — Wed, 17 Sep 2008 22:53:18 -0000

I have only one reservation , re the uptick rule and short raids. Cramer agrees.

Another observation. Could much of this selling be some kind of delta hedging by CDS sellers? It sure smells of it.

Re: How Lame Is The VIX?

Procol — Thu, 18 Sep 2008 13:15:57 -0000

Hey, ya still think the massive short sellers are just nice guys that like to trade, or maybe they are abusing the financial system?

Not that everyone hasn't done that.

Re: How Lame Is The VIX?

Procol — Thu, 18 Sep 2008 13:27:48 -0000

course not. but I was calling for the feds to shut down the game months ago. Free market is fine, but not in war time.

Re: How Lame Is The VIX?

Procol — Thu, 18 Sep 2008 13:30:12 -0000

no shorts in financials

about time you clowns.

now lets have some perp walks to go with it

Re: How Lame Is The VIX?

Procol — Thu, 18 Sep 2008 13:31:17 -0000

now the test. lets see how they trade without the mobsters banging them

Re: How Lame Is The VIX?

Procol — Thu, 18 Sep 2008 13:41:09 -0000

you know, i really have to say, all these people saying none of this is related to conspiracy shorting and lack of prompt regulation, really reminds me that I share the planet with quite a few morons.

Re: Calling Jason Bourne

Procol — Thu, 18 Sep 2008 14:10:34 -0000

latest, NY AG probing short sellers of financials

Awwwwww, my heart bleeds. They better hope they used carrier pigeon poop to signal the raids, else they gonna give back lots of coin.

Re: Calling Jason Bourne

Procol — Thu, 18 Sep 2008 14:14:03 -0000

lol, that pigeon poop is hard to track.

Seriously, these guys are smart, not so easy to catch. Need an inside guy to lay down.

Re: Calling Jason Bourne

Procol — Thu, 18 Sep 2008 16:06:34 -0000

Nice news flow, pretty much as Adam predicted.

I think this while thing is one giant tape paint, just a little 10 trillion dollar shakeout of the 'weak hands'

Re: Calling Jason Bourne

Procol — Thu, 18 Sep 2008 16:15:49 -0000

I think many miss the point. No one is claiming there are not legitimate problems everywhere. What is clear to anyone with a trained eye, is that there is terroristic selling going on.

I defy you to explain the huge volume that occurs simultaneously in name after name. Just a few traders with a Bloomberg?

Look, you either have street sense or you don't , and I've suspected something very fishy for some time. I might be wrong, but that's my call.

Re: Calling Jason Bourne

Procol — Thu, 18 Sep 2008 16:55:35 -0000

some bad news that Wamu cant find a bidder. not really surprising. (trading very dry on that news, so maybe there more to come or the price is already liquidation value)

about the CDS thing. Absolutely, I think I posted that yesterday (spillover). Very likely some quants figured out an arb that they are exploiting. The serial shorting could well be a function of max ammo at one time.

PS I think Cramer should only appear during times of turmoil, since he seems to have a good grasp of market structure and what actually goes on behind the turrets. I rarely disagree with his 'in the trenches' stuff.

It's the rest of his act that sucks.

Re: Calling Jason Bourne

Procol — Thu, 18 Sep 2008 20:17:59 -0000

SEC might do the no short thing here. report on marketwatch

Re: Calling Jason Bourne

Procol — Thu, 18 Sep 2008 20:40:20 -0000

We've just had a bottom to top one day move (counting the ah trading) in the ES of nearly 100 points. I'd say vol was cheap over the last few days.

Adam, how is an options MM to make any kind of market if they cant short stock? Could they widen it enough to hedge by selling calls or some other strat?

Re: Calling Jason Bourne

Procol — Thu, 18 Sep 2008 22:02:11 -0000

problem with that is it defeats the purpose of the ban. rock and a hard place if you ask me

Re: Cox Blocks

Procol — Thu, 18 Sep 2008 23:42:59 -0000

why not just ban those scummy hedge funds and limit shorting to human size. Seriously, they have position limits in commodities, they could do the same in stocks.

If they catch related entities trying to bypass the limit, they get banned.

Cox, you listening?