HAHAHA  Emini, just traded in huge sizes all morning as scalping opportunity on the 10Y Futures was unimaginably strong.  It was within a 3-4 tick range earlier for the longest period and I kept going in and out...Did a total of about 22,000 contracts (paid out $1,400 in commissions for these but made above $103K doing that).  Was an outright trade...Risky as hell, but the risk to reward paid off...The PnL is still rising as we speak!

BTW, watching the whole hoopla on CNBC lately where they're calling us "speculators" evil??  Looks like these damn politicians want to blame us for all the woes of the economy now.  These dumb netas need to go blame Bush and his war instead of the damn traders (speculators).  The average American idiot should realize that traders bring balance to a mispriced market...And that removes any inefficiency we see.  So what if we see $200 per barrel oil tomorrow coz its bound to go there if market forces say so.  Looks like economic reasoning and free market theory has not yet sunk into their noggins as yet.  Would hate to see another scenario ala Soros' fatwa by the Malaysian clerics for crashing the Malaysian Ringit back in 1998.  That would be disastrous...Where would the "speculators" hide then? 

Could you pls remove my earlier post as soon as latoboy posts his next post.  I've had enough of him following me around sajha, so had to do this to keep him quiet for a bit.  Hope you understand.  Will ttyl.