This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com
I’m really excited. After the close today, Maria Bartiromo interviewed me, and it should be aired tomorrow. For those of you who don’t watch the network, I’ll give you a brief synopsis.
Maria: Good afternoon Mr. White
MWF: Uhhh, that’s Mr. White Folks
Maria: Is this a joke?
MWF: No!
Maria to her staff: What is this? Some kind of racist?
MWF: I was told you were a big fan of MtM, so I thought you would already know why I chose that name.
Maria: I’m actually a fan of Richard, but he was getting another swedish massage. My staff told me that you were on a good run, so we thought you could fill in.
MWF: No harm done. So where exactly are we headed in this interview?
Maria: What do you expect over the intermediate term in the Nasdaq?
MWF: I dunno.
Maria: Then how exactly do you trade?
MWF: I guess my bread and butter is the Trader Vic 2B, and then I wait for the two red dots.
Maria: Is this a joke?
MWF: Seriously Maria, today I took a whole 10 points out of the NQ with an average contract size of 1.
Maria: Btw, Mr. White Folks, its 80 degrees in Florida, and you’re wearing a fur coat. What’s that about?
MWF: Its all part of the image. Then I smile - displaying my gold tooth with the $ made out of diamonds.
Maria: Ok, that’s it. You guys booked some Internet geek who probably lives in his parents basement, and works the drive-thru at McDonalds, and he’s on my show giving market analysis.
MWF: Actually Maria, the person you speak of is NO EQUITY. He’s a frequent commenter at DT’s site.
Maria: DT is hot!
MWF: Huh?
Maria: I love the way he’s always talking bad about me. These guys around here kiss my ass. They see these ugly women all around, and they treat me like some sort of beauty queen. Bunch of pussies. Dylan Ratigan is the only on air personality who treats me like the BLEEP I am.
MWF: I’ve never seen this side of you, and I’m kind of getting turned on. I like that dirty talk. Call yourself a BLEEP again.
Maria: That’s it. This interview is over. Can we get some perma bull/bear on tomorrow to fill this time slot.
MWF: Thanks for having me on the Cock N‘ Balls Channel, you bunch of tools.
This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com
December 19th, 2007 at 12:16 pm
Holy crap that’s funny.
I have a serious question for you though Mr. White Folks sir. I thought I had already learned this much by now, but apparently not. I’m trading YM right now and with regard to rollover (this time from Deece to March), I’ll got to the CBOT site and check the open interest daily and in the past I’ve waited to start trading the next contract month when the new month OI is greater than the one I’m currently trading (that was mostly when I was trading daily charts, not intraday like I am now). However, I’ve found over the past few days that the December action is sluggish and the bid/ask has gotten wider. I (ignorantly) decided that the action “this time of year” was just not what I need it to be to trade safely, so I planned to stop for now and just pick up again after Christmas and begin trading the March contract.
Then I saw that you made your 10 NQ points yesterday and I thought to myself that you must be willing to enter on larger than usual bid/ask spreads or whatever, but then I saw that you were trading the March contract.
So finally to the question: Do you have a specific time/trigger that you use to roll into the next contract month? I see that volume is much greater on the March contracts than December for both YM and NQ, and the bid/ask for the March YM contract is much tighter (now that I have it on my screen). Is it volume that you watch for? Again, I feel stupid having to ask this question because I should know by now, but I’ve had a lot of distractions lately, and I really haven’t had much chance to trade consistently day in and day out through rollover periods before.
BTW, for some reason I thought you and Richard were stock traders so I hadn’t really taken the time to visit your site before, but now that I see that you guys trade the index futures I’ll be checking in daily. Thanks for providing all the great info.
Oh yeah, I shave my head too…plus a little soul patch for effect ;)
Sorry for the long comment and thanks in advance.
AT
December 19th, 2007 at 12:25 pm
Everyone moved to March contracts on the index futures last thursday. My broker tells me when to do it, but usually folks on elitetrader and elsewhere also point it out. Gold moved to another contract about a week or two before that, if I recall.
December 19th, 2007 at 12:50 pm
AT: i switch when IB rolls it over
December 19th, 2007 at 12:51 pm
AT: btw, richard is on the fence about shaving his head…if u check out his earlier videos, that poor lady will have a job on her hands
December 19th, 2007 at 12:53 pm
Thanks Richard. When you say your broker told you, do you mean verbally, like over the phone? I’m using IB (and it looks like MWF is too), and I think it was last week that my Trader Workstation started asking me if I wanted to roll over to the March contract. Next time I’ll just say yes! And I’ll check in with you guys too…thanks again!
AT
December 19th, 2007 at 1:01 pm
Awesome. Thanks MWF - I didn’t see your comment until I posted mine response to Richard. I’ll roll when my IB TWS prompts me.
Yeah, I saw some of the earlier pictures…I’m glad I only have to shave my head.
I’ll be poking through the previous posts here while I’m on Christmas vacation to catch up on the whole story.
Thanks again and have a good holiday.
AT
December 19th, 2007 at 1:08 pm
AT: have a great holiday as well
December 19th, 2007 at 1:10 pm
Attitude: Not verbally, I meant an electronic alert, similar to what IB does. Just always agree with IB that you need to roll over and you’ll be fine.
December 19th, 2007 at 8:15 pm
[...] I sent another email to support at Investor RT. When this gets fixed, I’ll resume trading normally. Tomorrow, I’ll what happens if I manually refresh it at key points. When I tried that Monday it was too distracting. If nothing else, I’ll get an early start on the holidays. I doubt CNBC (cock n’ balls channel) will be calling again. [...]
December 20th, 2007 at 8:11 am
Classic. I loved the bit about the fur coat.
Truth is, I’d love to have a glass of wine or 6 with Ms. Bartiromo. Just to reminisce about the old times.
I didn’t mind her so much back when she was a young pup giving reports from the crowded floor of the exchange. She’s get hip checked by dudes with way too much gel in their hair and not even blink. Then she changed.
-DT