Recent content by bozak

You should leave IB, too many people stay there after questionable customer service. The only way to improve the service is for customers to leave when they get bad service.

That is a nice setup, but can you actually read the text from the top monitor? It looks like it would be too small to read from way up there.

Essentially the answer is no. Currently they only pay 0.10%.

Actually, that is a very good point about controlling emotions. I hadn't thought about it from that perspective. However, in order the get the same emotional response from a poker game you would have to be playing with some serious money (i.e. 5K plus buy in).

Typical long only mentality. 5 years from now he probably say "see the market is up, I told you so".

No way, for poker you have to know the odds, but bluffing is the most important skill. In trading the odds are typically impossible to calculate unless it is an options position, then at least you can calculate a good risk reward.

I didn't buy AIG, I bought calls on GNW just in case AIG had something positive to say. Don't bet on this tanking the market, not much of an effect in the after hours on the XLF or the averages.

No, it won't. The only people who are able to profit from bluffing in the stock market are the big boys like Goldman when hold up or weigh down a stock and then flip the position. Daytrader's can't do that unless if is a very low volume stock or if you happen to be Mark Cuban.

I know, I almost never trade based on analysts, but they also almost never change their ratings the day before earnings. The last 5-6 times I've seen this the earnings beat the street by a large margin. Of course that doesn't necessarily mean the stock went up, but I'm still surprised the...

I don't think they will go bankrupt anytime soon. They have lost many so many quarters that it is hard to count, but somehow they are still able to get new debt financing whenever they need it.

Yeah, they missed revenue estimates by $10 billion and they reported a loss of .51 cents while the estimate was positive .63. Rather mind boggling. How stupid does UBS look for upgrading yesterday?

Wow, how the heck did they miss by so much when UBS raised them to a buy just yesterday? Very odd, usually the analysts will wait until after the earnings unless the earnings are going to be good.

Samsung 24BW is now only $349 at Costco. I have been using 3 of them for about a year and I think they are great. Best bang for the buck by far.

I'd say that the worst case scenario is not priced into the ETF. Many of the builders have a legit change of going under and the XHB has actually held up well compared to the XLF. Maybe below $15 you could start nibbling, but not at almost $18.

I think CSCO actually matter a lot more now than a few years ago. It certianly doesn't have the effect it had back in the dot.com boom, but I think it was responsible for rallying the Nas today.