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  • #6,941
  • Sep 1, 2011 8:06pm Sep 1, 2011 8:06pm
Continuing to look like a bad week for Goldman:

"Reuters reports that U.S. securities regulators have 'taken the unprecedented step of asking high-frequency trading firms to hand over the details of their trading strategies, and in some cases, their secret computer codes.' "

Might have to take a glance at GS out of money puts...
  • #6,942
  • Sep 1, 2011 8:09pm Sep 1, 2011 8:09pm
Quoting OldQuant
Continuing to look like a bad week for Goldman:

"Reuters reports that U.S. securities regulators have 'taken the unprecedented step of asking high-frequency trading firms to hand over the details of their trading strategies, and in some cases, their secret computer codes.' "

Might have to take a glance at GS out of money puts...
Whaaat ?

what next.. ban on Scalping everywhere ? or.. widening the Spread [with included a new transaction tax?]

amazing..
  • #6,943
  • Sep 1, 2011 8:12pm Sep 1, 2011 8:12pm
Quoting OldQuant
Continuing to look like a bad week for Goldman:

"Reuters reports that U.S. securities regulators have 'taken the unprecedented step of asking high-frequency trading firms to hand over the details of their trading strategies, and in some cases, their secret computer codes.' "

Might have to take a glance at GS out of money puts...
nah....just aapl
  • #6,944
  • Sep 1, 2011 8:12pm Sep 1, 2011 8:12pm
Been hanging out on EJ cross this morning,

its a beauty, almost in Euphoria here...
  • #6,945
  • Sep 1, 2011 8:12pm Sep 1, 2011 8:12pm
Quoting OldQuant
Continuing to look like a bad week for Goldman:

"Reuters reports that U.S. securities regulators have 'taken the unprecedented step of asking high-frequency trading firms to hand over the details of their trading strategies, and in some cases, their secret computer codes.' "

Might have to take a glance at GS out of money puts...
Wow! That'll bring some squirm!

Surely they'll be putting forth last year's code du'jour, no?
  • #6,946
  • Sep 1, 2011 8:13pm Sep 1, 2011 8:13pm
Quoting Larseg
Been hanging out on EJ cross this morning,

its a beauty, almost in Euphoria here...

No one cares Lars, fuck off...
  • #6,947
  • Sep 1, 2011 8:14pm Sep 1, 2011 8:14pm
Quoting Larseg
Been hanging out on EJ cross this morning,

its a beauty, almost in Euphoria here...
? ? ?

They look to have traveled very similar paths. Am I missing something?
  • #6,948
  • Sep 1, 2011 8:16pm Sep 1, 2011 8:16pm
Quoting Larseg
No one cares Lars, fuck off...

Ok????

lalalala.....


-----------------

This tells me more than any jobless for australia, for me this is a biggy for the buy and hold strategists...

were heading for a 5 yeary bear run cycle...
Attached Image
  • #6,949
  • Sep 1, 2011 8:19pm Sep 1, 2011 8:19pm
Quoting kenfen69
? ? ?

They look to have traveled very similar paths. Am I missing something?

No but it looks nicer with a further extension on wherever its going. It seems like there is more real trend followers there compared to EU, especially yesterday...

"day trading" I mean price direction trading that is
  • #6,950
  • Sep 1, 2011 8:22pm Sep 1, 2011 8:22pm
Quoting Larseg
No but it looks nicer with a further extension on wherever its going. It seems like there is more real trend followers there compared to EU, especially yesterday...

"day trading" I mean price direction trading that is
OK...will watch on your suggestion.

Now fak off, Lars...nobody gives a toss!

You well?
  • #6,951
  • Sep 1, 2011 8:23pm Sep 1, 2011 8:23pm
Quoting kenfen69
10 points for the all-caps emphasis!
  • #6,952
  • Sep 1, 2011 8:24pm Sep 1, 2011 8:24pm
Quoting kenfen69
OK...will watch on your suggestion.

Now fak off, Lars...nobody gives a toss!

You well?

Tihihi...

In other words, sell in late 2012... stocks that is...
----------

Yea, getting extremely cocky this week as everything works out, I am pretty good at accepting winnings but its getting harder and harder....

Still waiting for a fuck up, trying too keep it slow...

How you doing? happy times?
  • #6,953
  • Sep 1, 2011 8:24pm Sep 1, 2011 8:24pm
Quoting Larseg
Ok????

lalalala.....
-----------------
This tells me more than any jobless for australia, for me this is a biggy for the buy and hold strategists...

were heading for a 5 yeary bear run cycle...
Buy which? AUD?

Bear where? USD?

Or are you saying that report just snuffed optimism in a Murphy's Law sort of way?
  • #6,954
  • Sep 1, 2011 8:33pm Sep 1, 2011 8:33pm
Quoting kenfen69
Buy which? AUD?

Bear where? USD?

Or are you saying that report just snuffed optimism in a Murphy's Law sort of way?

 

  1. Bull for AUD, which is the worst that could happen for AU...
  2. I think those who sold USD has already done so for a fear amount, we need some new fundies before the daily bar traders can have a sexy time again...
  3. There is no recession these days but late 2012 when everyone has selected obama again (even though they know the debt will increase again (go figure)) If not the debt on 17 is starting to revers its going to be the best bear trade for the decade... 2008 will be peanuts, this time its the whole freaking US will go bankrupt (theoretically and trade able that is). I will put down around 1 million on that bet, looking for 40-50%...

Edit: Last point is for stocks at the sp500 off course..

  • #6,955
  • Sep 1, 2011 8:43pm Sep 1, 2011 8:43pm
Quoting Larseg
[list][*]Bull for AUD, which is the worst that could happen for AU...[*]I think those who sold USD has already done so for a fear amount, we need some new fundies before the daily bar traders can have a sexy time again...[*]There is no recession these days but late 2012 when everyone has selected obama again (even though they know the debt will increase again (go figure)) If not the debt on 17 is starting to revers its going to be the best bear trade for the decade... 2008 will be peanuts, this time its the whole freaking US will go bankrupt...
Understood.

Thanks for clarification. Yeah...shorting AUD goes against every fiber in my body right now. I'm always looking, because it "seems" to be at such a lofty price, but I just can't find any reasons to say it is overvalued.

  • #6,956
  • Sep 1, 2011 8:47pm Sep 1, 2011 8:47pm
Dipped in another short. A few pendings above, too. Will play this up to 4310ish and evaluate from there. One order still open from above...pending order placed right around that mark to refill it, too.

Attached Image (click to enlarge)
Click to Enlarge Name: 5min.PNG Size: 52 KB
  • #6,957
  • Sep 1, 2011 8:53pm Sep 1, 2011 8:53pm
Quoting kenfen69
Understood.

Thanks for clarification. Yeah...shorting AUD goes against every fiber in my body right now. I'm always looking, because it "seems" to be at such a lofty price, but I just can't find any reasons to say it is overvalued.


Excactly, unless the interest rates changes it will be there I reckon... Get some serious interest rates on your cash there...
  • #6,958
  • Sep 1, 2011 9:02pm Sep 1, 2011 9:02pm
Quoting Larseg
Excactly, unless the interest rates changes it will be there I reckon... Get some serious interest rates on your cash there...
And even if they did cut, it would sell off and then go right back up again...unless they hack the shite out of it. But... why/how could they be doing that right now? It would open a whole host of domestic problems.

I definitely should have bought the fakking dip!
  • #6,959
  • Sep 1, 2011 9:14pm Sep 1, 2011 9:14pm
Quoting kenfen69
Dipped in another short. A few pendings above, too. Will play this up to 4310ish and evaluate from there. One order still open from above...pending order placed right around that mark to refill it, too.

Attachment
GL mate.. that 4h candle just closed 2p above..
lips or not.. we see the answer shortly
  • #6,960
  • Sep 1, 2011 9:16pm Sep 1, 2011 9:16pm
About 1995 I did some analysis on a swap structure put out for the French national railroad. It was a big financing with long tenor, designed for Asian buyers; it's probably still in existence if it wasn't novated away when the FFranc went EUR.

The structure is termed a "rainbow" or "chooser." The terms were that the railroad would receive Franc PIBOR floating, and pay either Francs or AUD or JPY fixed amounts, at the railroad's option, every three months according to scheduled amounts set at time of issue for the life of the deal.

The "rule" in designing rainbows was you'd always provide the choice of the native currency, a "hard" currency, and a "soft" currency. Guess which was which at the time.
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