Recent content by tc5

How did you get that interview if you don't even know...? Here are some topics: VaR Greeks Black-Scholes model Volatility smile/surface and modeling Trees Exotic options Monte Carlo

Harhar, closing above 4000.

How depressing. What the heck are all the smart, successful people doing then?

x2 Looks like it is beginning to break out and will hit 700 within a few weeks.

In response to 1: Intelligence and academic success alone does not make a single individual a good trader, of course, but... ...some of the top hedge funds such as Rentech do employ a lot of these people. Maybe not as pure traders, but still...

Morning pop to 18+ apparently due to upgrade by Next Generation and $25 price target. After the close, there will be only 8 trading days left (at most) before announcement of the FDA decision on Provenge.

Anyone notice the Dow index just broke out of an ascending triangle on the daily chart?

DNDN up this afternoon apparently due to spreadening of (old) news about Medicare reimbursement code for Provenge. After the close, there will be only 9 trading days left (at most) before announcement of the FDA decision on Provenge.

Do you think it'll get there today?

Nice short squeeze this morning.

I am betting on approval. We'll find out in just over 2 weeks at most.

Sir, I wish you a happy weekend as well. I look forward to any new insights and thought-provoking questions that you may stumble upon in your studious study of options. This two-way exchange is most enlightening and gratifying. You are not only a scholar, but a gentleman as well.

I will save you a lot of time. The secret is: Get the direction and/or volatility correctly. And the timing, risk management, blah, blah, blah... /thread

No way. That's what printing presses are for!