Recent content by Balljet

bouncing off support, fib retr. long at 33.12

wow, I am not sure how to solve the mess we are in. Maybe there is no way out.. Dollar is not worth the parper it was written on, banks have no credibility. Pretty soon, there will be NO reason for anyone to pay the banks, no mortgage, no cc payments. Just get a gun and hold off the...

I am in Davis... not too close, not too far.

Hi Peter, as always great video! Question, in the last week's consolidation, wasn't the decreasing volume suspect? Thanks as always PD

I honestly cannot believe the stupidity of all these idiot Repuplicans on this board. I think they would be cheering when this place goes up in fire and smoke claiming they won... what a bunch of dumb fucks!! God forbid if there is some socialism mentioned. It takes away from the fire and brim...

Hello.. don't know if I can help.. You are smarter than I am. I started trading real money without spending a lot of time paper trading. I think you are correct in doing so. I use TOS (thinkorswim) they are NOT a good futures tradng site yet. I just like them from my options trading. I know they...

"I've been saying this for years now. You cannot have one central bank trying to instill monetary policy on a collective economic system that has entirely different micro economical facets." Hmmmmm... In which way is the US different. The south, west, midwest have a lot in common? I...

Thanks Gamma.. I was thinking it would be manageable on the SPY.. but with new credit concerns, I think the bottom could fall out. Well, we'll see. I will post when and if I have any developments and I truly am grateful for all the replies.

Thank Yo all for your help.. Excellent advice RR. If.. I were to close this pos. as one, my target is $250. But, I like the suggestions by RR to possibly close one short leg at a time and roll to the next month. One of my concerns right now is the possibility of a "crash" in the...

Thanks RR.. Yes, I have traded them (vert. and calendars) with varying success.. I might do that.. close one end and then the other.. What would you say are the other adjustments I could make.. should I try to stay close to delta neutral and how would I adjust it ? By going unbalanced...

MCCAIN?????? You've got to be kidding... what kind of planet are you from?? you deserve this mess, you probably voted for Bush TWICE!! You deserve what's coming to you!! BUhhhaaahaaaa

This is a neutral strategy. You want the underlying to remain in striking distance of the short strike. Do you think that's likely for the next 2-1/2 months in the current market environment? Ha... No, I expect the market to go down, up and sideways.. However, with all this volatility, if...

Thanks for the answers.. Actually I am a she.. :) I did paper trade it, you are correct. Cursory glances, and hey.. this is doing nicely. No fear, no emotion. So now. I opened a position (2 lots). Risk management, max loss $580, however, I plan to close the pos. when I am down 50 % of...

oops. ..I meant.. pros :)

Hello... I will probably get chastised by the many pro's on this board, for not being good enough to do this, but here goes.. I have opened a small position (2 contracts) on what TOS calls a double diagonal, straddle, strangle swap.. (go figure). Now, I am learning and would like to ask all...