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The stock market has been going up in the past 12 months. I was burnt several times by writing uncovered calls. Now, I only employ the above strategies for options on ETF. Credit spreads on OEX options is another possibility, but I am just too lazy: it is 100% more difficult to enter a spread...

I'll turn on my TV. :D

OptionsXpress has been experiencing similar problems. I spent the whole afternoon on reading manga(the PG version, of course). :p :p :p :D :D :D

Now that I have found the Holy Grail, you seriously think that I'll share the info with you. :p :p :p :D :D :D

Before 1992, US pharmaceutical companies did not have any significant layoffs for decades. It seems that they are not safe havens anymore. ====================================================== NEW YORK (Reuters) - While jobs in high-tech, transportation, financial services and other...

Experts are human beings. They are not Gods. Human beings will make mistakes. Since so many predictions of experts are wrong, how will ordinary people like us fare, when forecasting the movement of the stock market ? :p :p :p :D :D :D

It is one of the reasons that trading is so difficult. No one can really predict the movements of the stock market. In the winter of 1999, I walked along the sea shore near Battery Park with a friend. He told me that the baby boomers would keep on pumping money into the stock market, and...

Hi, Do you agree with this guy's comments about the stock market ? =========================================== Now an economics professor at George Mason University in Virginia, Smith is watching the market climb again. But he's not watching warily because he doesn't believe that...

In investment banks, the corporate ladder usually goes like this: Associate ---> Vice President ----> Principal ---> Managing Director Sometimes, there is a rank called Assistant Vice President too. If your friend can be promoted three times in few months, he must have some serious...

After the merging, most of my friends, who originally worked at UBS were forced out by the SBC people. That included Quantitative Analyst, Business Analyst, Manager of a Risk Management Division, Programmers, Consultants, etc. Politics is politics. Every place is the same. I personally also...

IMHO: There will be little job recovery in the high tech or IT area. Not only companies pay less for outsourcing, they may get better quality on average. For example, if you pay a programmer US$20 per hour in the States, he/she will keep on complaining, and look for a better job continuously...

The low VIX is really a problem now. I am amazed by the number of contracts I need to write in order to earn a few thousand dollars per month. :( :( :( :mad: :mad: :mad:

This pair of hypothetical friends have different background, and have chosen different paths. Chances are they act and think VERY differently. There will be big communication problems for people from two different worlds. Try not to mix friendship with business. When there is conflict of...

Suppose you've sold a call option at a loss. Buying another call option on the same stock within the wash sale period may be viewed as a wash sale even if the new call option has a different expiration or a different strike price. http://www.fairmark.com/capgain/wsoption.htm The options...

Tuesday October 14, 10:28 am ET By Svea Herbst-Bayliss BOSTON (Reuters) - Fidelity Investments (News - Websites) , the No. 1 mutual fund company, is pressuring the New York Stock Exchange (News - Websites) to quit a centuries-old auction system where floor traders match buyers and sellers...

http://www.labor.state.ny.us/business_ny/unemployment_insurance/uionline.html

IMHO: Most of the dumb money has been slaughtered in the past three years. The market may be more rationally. With less volatility, it may be easier for swing trading, and more difficult for daytrading. :p :p :p :D :D :D

Similar ads have been posted on www.monster.com and www.hotjobs.com http://jobsearch.monster.com/getjob.asp?JobID=18898681&AVSDM=2003%2D10%2D10+19%3A03%3A00&Logo=1&col=dltci&cy=US&brd=1%2C1862%2C1863&lid=&fn=&q=worldco...

I remember him as the CEO, who sold about 60 million shares of MSFT in ten trading sessions, and made over $1,000,000,000. :p :p :p :D :D :D

IMHO: We should be grateful for all the new technologies, cheap online brokers, etc. to make trading more comfortable. Ten years ago, the commissions of the full-service brokers, bid-ask spreads, etc. were simply too big. The barriers to entry used to be much higher. :p :p :p :D :D :D