“Words can’t even!”
I don’t even know where you start with the assclowns at NADEX … the only
market worth a “Hoover Dam” is WTI Crude Oil, but even here problems are
becoming a real pain in the ass … consider, 1) the call spreads are $5 apart,
and one is $10 apart … great for margins, huh?, 2) last night the con artists
wanted 5 cents a barrel in the bid/offer spread … add in 1 cent for RT
commissions, and you’re paying 12 cents for a position … “no, I’m not paying
these scumbags 12 cents vig for a position”, 3) last night oil opens about
40 cents away from the floor/ceiling, making the call spreads expensive as hell,
and 4) this morning’s “new” call spreads aren’t any better.
So, because of this, there’s no way I’m getting into a position, and so when oil
moves overnight, like it did last night, we’re sitting on the sidelines cuz these
doofus noodles can’t get their act together and make an honest market in
anything … hell, they’re worse than Turnkey … at least Turnkey doesn’t want
12 cents to take a position [I shouldn’t give them ideas].
indices can’t price themselves fairly no matter what … some choice we have
here isn’t it? We’ll see what it looks like tonight at the open for oil and see if
the stupidity continues unabated … we may be in these conditions until Asia
reopens on May 7 from “Golden Week”, but we’ll see.
Onto tomorrow mi amigos … I can’t take another minute of this crap without
hitting something … Onward & Upward!!
Have a great day everybody!
OUR NADEX SIGNALS SERVICE IS UP & RUNNING … DAILY
WTI CRUDE OIL SIGNALS & “VOLATILITY” STRATEGIES
IN 20 OTHER MARKETS, INCLUDING COMMODITIES, FX,
& STOCK INDICES! … “what on earth are you waiting for”?
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