Recent content by TrendSailor

Hey thanks for the bump - I have not been on this site in months. Yes indeed the Canadian Trusts have been my BEST investment since Nov 2006 to date. I am up on average of over 30% on basic price movement not to mention the HUGE dividends. Some of them gave me a little scare when they...

I'll go out on a technical limb and agree with Richard here. We have to go back 10 years to get the next solid;y tested upside resistance level at 1500-1518. But given the psychological damage from fighting the last 3 weeks of bear attacks I don't think the market is going to be up-to...

I finally get to agree with Mark; at least on this part. I think those that like to say "have a plan" for every option trading contingency are living in a bit of a fantasy world. There is a dinstinct line between the theoretical world and the real-world. It is hard to get fills at...

I think this last market "blip"/correction/whatever is going to prove to be quite healthy overall to get us to the next leg up in a bull market. There was a lot of sidelined cash from last summer itching to get in. As well, a lot of US investors pulled back from foreign markets temporarily into...

And to me this self-contradictory statement is yet another example of conflicted irrationalism and egotism trying to pass itself off as "intelligent trading". How can you admit to being clueless in the first sentence then call others stupid for not seeing a clear bottom? Is this peculiar...

Agree "in theory". But after this month I am now personally doing some serious introspection to figure out if I ever again want to sell premium. The high degree of ratified global contagion and global market coupling we are now seeing is severe. This month could have been a LOT worse if just...

Whew - glad this options month is now finally over. SET finished at 1396.12 UP 10.29 and near the peak of morning trading. VIX currently at 16.34. In my opinion VIX has to stay elevated for some time given the global contagion that everyone is now painfully aware is a reality. TS

I am really not interested in starting the opening shot in another liberal round of American self loathing and self flagellation here. But its so hard to ignore such BS. Are you talking about England, France, Russia or any prior "friends" that we started wars with? Can we get a cup of tea please...

The problem with this market and the new global contagion effects means anytime some X Fed official speaks, or some commie wannabe capitalist leader changes policy or the Japanese gov changes yen monetary policy we are all going to be ripped to shreds financially. There is no longer ANY place to...

Thanks. There is no law or enforceable rule unless there is classified information or secret executive orders barring the disclosure of information. Normally in the US we rely on integrity and the honor of our retired upper echelon leaders to not do anything irresponsible or in "poor form"...

Nothing personal or disrespectful but some of these old farts are so light in the pocketbook that they can't risk taking their bottom penny out of their loafers for fear that the lost ballast might expose them to being carried off by the next big wind. TS

But that is what we call market manipulation not oversight. It is not the FEDs job to make important testimony to congress about the current state of economic affairs and then a few days later use ex FED member Greenspan as an intermediary stooge to bankrupt or economically hamstring millions of...

Here is yet another spin on Greenspan's speach today in Boca. TS =============== Greenspan: Subprime Spillover Unlikely Thursday March 15, 4:33 pm ET By Brian Skoloff, Associated Press Writer Greenspan Sees Little Threat to Economy From Risky Mortgage Troubles, Unless Home Prices Drop...

No its just Greenspan speaking out of both sides of his mouth to different groups of investors at different times of the day. At his brunch meeting he puts as much negative spin as he can to his bear audience that is paying him to reassure them that their shorts are a good investment. Then at...

That's the essence of the problem with Greenspan. He was impotent as a FED chairman and is impotent in his old age. Now he feels relevant and virile in being able to screw the only remaining thing he can - the nation's economy and the new FED Charmian's reputation. For what this asshole cost me...