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Jack-Grob is certainly a funny old bird. He has yet to show that trading with volume information is useful on longer time frames. After years of backtesting, many thousands of real trades, and yet more backtesting, I believe I could prove it is not necessary, but I'll just leave it up to Mr...

Very true. For the trader with a several day - to several month time frame, trading off of volume changes is neither necessary, or profitable. At least in my own trading, all I need is enough volume to make the trade without undue slippage. Maybe it is useful in intraday scalping, I don't...

Up about 20% so far. All you had to do...is buy some GENZ calls when it's about 60! (and I got the ole auto-trade system working) Can you say LUCK? :cool: Good trading to all. C

Only $63 Million? *snicker* Well, I guess it's a start. When ya tick-f**k it up to $100 Mil give us a call... :D

You might look at TC2005 if you haven't. You can do a lot with it and it has great support and a huge user base. Decent data as far as I can tell and reasonable cost IMO. http://www.worden.com/XMLPage.aspx?xmlpage

It's like in Dune. "Grob-Speak" is the weirding way It can kill with words... :D

"They" luv to PIN ya!!! :D

Cramer? :p

You are correct. Taken as a whole, there are no "bad" option strategies. Option pricing parity (two sides to every coin) and various arb strats make sure that no one side has too big of an advantage. Or at least, not for long. So it is leverage that kills, long or short. It's just that...

Cal, It's all in the risk curves of each and every spread you have. Typically (of course, many many variations here), a short spread will show a max risk > max reward when graphed to the earliest (for diags) expiration. So here ya win more times than ya lose, but when you lose, you lose...

Cal, Mav is saying that there can be no inherent advantage to selling ops, over buying them. Option pricing just doesn't work that way. Think about it like this - if there was an automatic advantage, wouldn't everybody in the whole market just sell options? And of course if they did, any...

I have no doubt there is some collusion at times, but it's on both sides. And how many times over the years have we seen that "those mean shorts are running down our company..." crapola? Maybe on small companies with low-float you could hurt them permanently with shorting and negative...

Yes. Very true. I tend to forget that my stable engineering situation is because I do work in the defense industry (Gov DOD). Yep, same job for 20 years. Most engineers I know change jobs, or at least contracting companies, about every 3-5 years. Still, I'll never be sorry I did it. The...

Isn't this one of Cramer's "new ideas"??? Not robbing the bank - the idea of investing in S American banks. But...I think he IS on "vacation!" Wouldn't put it past him. He robbed Wallstreet and CNBC for years! :p

This looks similar to one of those limit order "dipbuyer" type WL systems (with a shorting rule). What will happen, is that a big loser or two will take 30 of those $14 profits. Then it will be delisted in a few months and go away from the data, and not show up on backtests anymore. Hence...

You're an EE and you wonder what to do? Get a different outlook! You can be very creative and happy as an engineer. I'm an EE and I've been doing engineering for 20 years. I make a $100K (I know, not much compared to all you big swinging d's, but plenty for me), have 5 weeks paid vacation...

LOL It is kinda funny. Sorta like: "Hey Mom, look at me" "Mommy watch me do this..." "MOM, YOU'RE NOT LOOKING!!!..." :p

And add in there Gross, Fleckenstein, Grant... and let's not forget, as always, Alan Un-Ableson! :p

Well...perhaps...but the idea, and I'll admit it is not much of one, is to try selling an option, for example a call, (can be to Close too!) at the Ask. This is probably not a strategy unto itself, just as a part of your normal option trading operations. And if you get an immediate execution...

Off topic a little, but over the years I've noticed something interesting while placing option orders. I may be dreaming, but it seems to happen way more often than not. I will place, for example, a limit order to sell calls at/near the quoted ask. And if it executes right away I will soon...