Thursday, October 18, 2007

Kenesis Aequus Rex

4 comments:

LanceR said...

Damon, finally posting something up here. Not feeling too witty at the moment though. No post from you today, but I'm sure you're still feeling witty, even after today's market action. Going back to being bearish? Or did you ever really leave that camp?

Lance
You might remember sitting with Nancy and me for a couple of meals in Chicago...and I'll be a little more creative next time.

Smart Bomb said...

I actually did wind up long GLD and short the DOW this week, but I had some spreads that got broken up. still not a bad week

Good to hear from you... Did you decode the Latin title of this picture?

LanceR said...

I'm trading the SPX diagonally for the first time. I was fine except for the fact that my short positions expired on Thursday, which I forgot would happen a day earlier than everything else. So that left me a little bit exposed. My other bullish trades were fine. Ironically, my bearish positions went against me too. Oh well, now time to get it back.

I did take a stab at decoding the Latin. I'm guessing it's something to the effect of price is king and always in motion. Rex and Kenesis are easy. I had to look Aequus up. But since it's all about faith in equality, that to me is price.

Smart Bomb said...

Yes, price is king... and the SPX is a tough nut to crack. prefer the SPY simply for the ability to trade smaller positions.