squark62

"The whole world is dependent on the health of the dollar," says Russian President Dimitry Medvedev. "My idea is that at the moment the world needs a larger number of reserve currencies," and emerging markets may discuss the idea of a supranational currency at a Russian summit this month.

of course - the russians want to control everyone elses money supply. what's new!

Benefit from Ultra ETFs' Tracking Error

shorting shorts. why not buy SSO instead, 2X S&P 500? then you don't have to come up with the shares to short the short. can't short equities in retirement accounts and most individual investors don't have the capital to meet short requirements. just thinking out loud. :-)

The S&P 500 Is out of the Box

that's what everyone said about march-17-2008 right when bear stearns blew up. took six months and the rats were jumping off the ship. the higher the market goes up here, the greater the chances of a oct-2008 scenario repeating in the later half of 2009. i hope the market doesn't crash but folks have very short memories in the U.S.


On Jun 01 04:54 PM Stone Fox Capital wrote:

> Markets don't always retest

Target (TGT) shareholders Thursday re-elected the company's board of directors by a comfortable margin, defeating activist investor William Ackman, the founder of Pershing Square Capital Management LP, in his quest to gain five seats on the board. [Dealscape]

more spam folks!

The Next Bull Market Is 4-8 Months Away

it's amazing (not surprising) to watch certain institutions get away with market manipulation.

On May 26 04:14 PM yellowhoard wrote:

> This market is a majic show courtesy of Goldman Sachs,
> Morgan Stanley, etc...

Does Anyone Else Miss Stock Picking?

answer to your question - no!

Thursday Outlook: Commodities, Global Markets

hi dave, i agree with your general assessment that this week is looking like last week and we need to see how the next 2 days go to get a clearer picture of what the market wants to do. however, some technical analysis of my own suggests that this weeks trend in the aggregate S&P 500 is weighted more to the downside. this means it will take heavier volumes of buying than last week to maintain equilibrium, let alone go higher by weeks end.

S&P 500 Volume

take every opportunity to sell the s&p 500 on days of strength. the index could go higher from here but not much more before it will have to crash back to earth. a higher s&p 500 from here substantially increases the probability of a severe snap-back this summer.

Undaunted by overnight weakness, buyers come out in strength early on. Markets get a further lift from the unexpected jump in consumer confidence. Dow +1.6% to 8410. S&P +1.5% to 901. Nasdaq +2.3% to 1731.

sell the S&P 500 into the strength....the index is still way out of balance with more room to the downside.

CBOE's volatility index, VIX, falls to its lowest level since Lehman's collapse in September, registering 28.80. (previously)

hi drew, i highly respect your opinion and hope you're right. however, just when you thought it was safe to go out to deeper waters, unexpected nasty storms have a propensity of suddenly brewing up out of seemly nowhere.


On May 20 10:09 AM Drew Arnold wrote:

> This is huge. Investors are now expecting less volatility than they
> have in 8 months, which means that they're less likely to sell off
> in a panic and more likely to hold their positions on dips.

Warnings from the President: This Is a Bear Market Rally

kim, great prolific article!

This chart of S&P 500 earnings from 1935 to the present gives chilling perspective into the magnitude of the current economic decline.

if the data in the chart is correct, we have the most DEFLATED economy on record. unfortunately, this is nothing to be proud of. 'green shots' people are either in extreme denial or have NO CLUE.

A Summertime Short Play with SDS

yes, your trade makes sense, as well as your skepticism. bonne trades!!!


On May 15 12:56 PM BigJake wrote:

> Does this make any sense to people or am I out of my mind and about
> to lose my shirt? :)

A Summertime Short Play with SDS

bigjake: i understand your apprehension. getting burned doesn't feel too good. it's happened to all us at one time or another. just consider how far the market has run up since the beginning of april. having a little insurance and not needing it is much better than having none and wishing you had a little glass of water to cool the pain. that's all. i wouldn't advocate going whole hog into SDS at this point. now that WOULD BE a fool's errand.


On May 15 09:49 AM BigJake wrote:

> I dunno. I thought the same thing back at the beginning of april
> and bought a few SDS positions between 67-72 figured I'd dollar cost
> average in. I pulled the emergency eject button the day the news
> broke than BAC needed 35 Billion and the market rallied. One of
> those the market can stay irrational longer than you can stay solvent
> deals.... I would not bet against the trend until it is clear the
> tide has turned the other way.

The Problems with 'Hedge Fund Strategy' Funds

i follow your logic. i would posit that most, not all, retail investor are generally behind the curve when it comes to understanding market concepts, jargon and terminology. therefore what seems new to them is in fact something that's playing in the 10th inning. in other words means, retail investors catch on when the game is about to end imminently.


On May 15 02:51 AM PastTense wrote:

> Why "given the bad year hedge funds had" would "right now, it seems
> like the phrase 'hedge fund-like returns' is all the rage"?