That # has been thrown out tha' window for a long time now, we have been in a negative savings rate for 2 years now!!
But everything is going well! Go Go Go Market!!! weeeeeeee!!!!!
This stock is a fucking joke!! Nothing but a powerful sounding name to sucker in buyers. The Chinese are indeed sneaky.
Check out the company profile on yahoo-
BUSINESS SUMMARY
China Natural Resources, Inc. engages in mining zinc, iron, and other minerals for distribution in the...
Can only partially blame the man. I think Bush is more to blame for the political pressure placed on the fed to accomodate a strong economic environment AT ANY COSTS, which the bill is now coming in.
your fine. you are acquiring risk and are subject to the downfalls of it, no gaming. there is nothing that is guaranteeing you a risk free return when you are a large trader for a day by volume.
Oh, I agree it goes both ways, but I don't have any personal stories of books blowing up on long vol, hurt yes, but risks are defined on long vol, and there are no margin calls to force your hand (what I suspect killed Vic yet again)
A big component of short puts is implied volatility and is the main cause of short option blowups. While he may not have lost much on his delta, the huge blowup in implied volatility coupked with it is what likely caused his forced liquidations as margin calls probably went through the roof...
In theory, this makes sense. However, in reality of the situation it doesn't work as inflation is and has outpaced wage growth for some time now, forcing people to borrow against future earning to make ends meet. This is not a perpetual ride and is why the credit markets are going into...
What is the guys name who predicted the Feb market fall-off. He has some kind of pi theory, and supposedly predicted previous volatility and has future key dates? There was a thread on here about him.
Keeping with the plan, just loaded the boat with at or in the money puts on the S&P, EWH (Hong Kong), and FXI (China).
I expect a volitile October.
Good Luck all!
Hey Makloda, I AM STILL SHORT!!! Actually, if you read my posts you know that I only trade options unless an equity is not optionable. You'll be glad to know that the only stock I actually trade, I am LONG in (ABPI).
Otherwise, I am happy we are trading higher as I bot my first layer of...