I realize that probably none of you trade this thing (/IND50) but the SIMEX Nifty 50 Futures sure looks doomed and doomed can be (I mentioned it when it was first breaking down).

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I realize that probably none of you trade this thing (/IND50) but the SIMEX Nifty 50 Futures sure looks doomed and doomed can be (I mentioned it when it was first breaking down).

I’ve been on Twitter since 2007, and until recently I didn’t see much in the way of spam. It recently got really annoying, because I kept getting those stupid “I followed this one guy and made $200,000 on a $7 trade, so please follow him” things, and all I knew to do was block them one by one. There’s a better way to go about this, though, which is to go to the Muted Words page and enter any words which, by themselves, will prevent the tweet from showing up. You’re welcome!

This is definitely a market I like. Almost every single bearish position I’ve got is gaining value today, and my one and only long – – silver – – is up almost 2.5%. Nicest of all, our bullish friends keep applying shock paddles to the market’s chest, and it hasn’t yielded dick.

I don’t think I’ve found a more faithful companion in equities recently than XHB, the exchange traded fund for homebuilders. I’ve written and talked about this thing countless times, and it simply keeps chugging along beautifully.

