22 November 2011

Emini Trading Update – Tuesday 22 Nov 2011

Emini Trading Update – Tuesday 22 Nov 2011 (15:37)

Looking forward to Thanksgiving – and quiet markets for the next few days.

Quote of the day …

From John J.

“Hey Barry, Great video on the Euro. Pardon my ignorance, but if you can’t trust your broker, and you can’t trust your bank, where do you keep your money? Sorry to deviate so far from the E mini. And I know you aren’t a financial advisor, etc., but you are a wise man indeed.

By the way, I got my first OSOK this morning. Effin’ love it! You’re the best man!”

First of all, well done on the OSOK. As for banks and brokers? Yes exactly, a sad state of affairs. It’s probably worth a longer discussion at some point but consider non-US institutions. Yes, US citizens have stringent reporting requirements, but as long as you meet those you have options.

 

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