I think it is hilarious how people think they can "predict" the future with a chart. The unknown is that you have absolutely no idea where the chart/index is headed. The known is that Europe is in a recession and will be downgraded soon and the market will tank.
Of course they are facing tough competition from Walmart, because the products they sell are cheap. It is sad that our generations need to buy such cheap products to get by today. It shows how much the economy is changing.
Anyone interested in discussing strategies regarding credit spreads with me (entry,exits,strike distance,general trades, etc.)? Please private message me if you are interested, experienced people only please. thanks.
I was thinking about buying some YHOO Jan 19 Calls due to the rumors and news that is circulating about bids. What do you guys think? All smart ass comments are welcome but ignored.
Alright so I was just looking at some deep otm calls on AAPL. I saw that the AAPL Dec 17' 11 $500 Calls are trading 0.16 Does anyone here just purchase a few of these contracts and hope that AAPL rallies huge? I know the reward can be huge if something crazy happens. Please let me know if you...
Last week I sold the GLD weekly 170/171 put spread 12 times. I thought it would finish above 171 so I turned off my computer. Then i saw that it finished below 171. what is going to happen now??!!?