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2024
May 25th, 2012 at 10:32 am
Elon/1020 – Yeah, I like him.
PCLN/Jabob – You mean thank you Goldman as now they can jack it back up to a nice, shortable level again. Airlines have been running up and it's summer travel season anyway – terrible time to short PCLN.
50 dma's/StJ – That's very encouraging. Down around 10% is generally a pretty good bottom signal but we've seen 5% a few times.
LOL StJ! So funny to hear people criticize Krugman on austerity when he's one of the only guys who gets it. Earnings chart is funny too but we fall for it every time, don't we?
McClellan/Rustle:
FBOW/Morx – How is that "For What it's worth"? 😉
Upside/Angel – I agree but so frustrating the way we move down before any move up.
Europe is happier about our consumer confidence numbers than we are.
NFLX/StJ – Created VP of Original Content position and people like the idea of them becoming a studio but the studios (SNE, TWX, VIA, NWS) trade at p/es in the low 10s, so the logic is completely irrational. What would it take to get you to subscribe to NFLX just to see a new show. Even if it were True Blood or Game of Thrones (gosh HBO is great!), I'm not sure I'd feel so compelled to see it that I'd pay money just to see them. As it is, our 2 terrabytes of Tivos in the living room are filled with about 200 hours of shows we haven't seen yet (usually it peaks out around now and, over the summer, we wear it down a little).
TOS/Yodi – That's with everyone. It's mostly just you trading against Robots and they are much more patient than you are. The millisecond your order hits, they change their bids to try to squeeze you and if you lower yours, they will lower theirs too. You have to either be patient or enter an order inside their bid when the momentum is in your favor but trying to make an entry or exit when the momentum is going against you is futile these days.
And what StJ said – very hard to get a fill on a spread unless you give it a good, long time while it stays in your range as you have TWO bots working against you – one on each end.
S&P flat/Lol – That is interesting. Maybe it's our SDS hedges and the Bots don't want to pay us…