Quick Settles

We just wanted to share the settles for today and note that we mispriced the Ultrabond Future at 221-00 yest and rather it was 221-21 but the net change was correct -35 ticks. Anyway, we hope you read the quick thread that we put out about the banks. We think this exposes the real problem with QE when you just allow so much capital to be tossed with very little oversight as toward the internal mechanisms that exist. We put an awful lot of trust in these banks and in reality, we really feel its the real and major reason they despise blockchain. Blockchain is a ledger and its immutable and when they say Bitcoin is used for illicit activity, well we hope today’s thread opens your eyes as to where it really goes on. The thing is about Bitcoin and its protocol, its all traceable and essentially unhackable.

Anyway onto the settles:

As you can see Silver was crushed and it was due. As far as equities, we think there is plenty of downside left and here is the Dax, where major topping pattern s…