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My cost was approx $30K...and a couple years of my life. But... I started to research, and paper trade strategies, that some other "Sucessful" traders were using. Need to paper trade for at least 1 year, so you go thru all the different earnings , and seasonal cycles, then see how you did for...

Around 3:30 to 3:50 PM Central time today.....I will BTC the 460 Call I sold...unless it takes a good dip in the price mid day, I'll take the profit off the table and be happy with that. I will not hold it thru the earnings announcement..too much of a gamble.

NO NO NO... I am NOT suggesting that Wall Street workers are rich and in it for a free ride... I am stating that this article came out only because timing... elections... It's purpose is to setup a "Have and the Have Nots" scenario that is played out in the media everyday. Wall Street works...

Really...who really cares what the average Wall Street worker makes... or what a CEO makes in comparison to the worker on the floor... They are not going to share it with you if you pass them on the street. I work approx 50 feet for my companies CEO's office (reported 5.6 million in salary last...

Good site for legal discussions and info.. Here is the thread for "TEXAS bankruptcy".. http://community.lawyers.com/messageboards/board.asp?channelId=25&mbId=108

Sorry the attachment did not post...

Right now GOOG looks like it will do nothing much, if you look at the charts. I think the earnings has already been factored in a couple weeks ago. The chart pattern just looks a little bearish right now. RSI has touched 70 and is retreating..again. (Repeating pattern on the RSI and the CCI)...

Just keep a close eye on the short legs on Thursday. That is a little too close to the underlying stock for my comfort, but good luck to you.

I fill more comfortable being on the "Seller" side of the options, than being the "Buyer". They say most options sold, end up worthless...I can attest to that from some of my previous experiences. Back in 2000 the market was similar to what is happening now (and I said similar...not the same)...

I usually do not buy calls by themself anymore. I would rather spread bet. I used to several years ago, but found I was losing more on buying the calls. I made a ton of money doing that back in 2000 (AOL was my prefered stock..it would move 5 to 10 point a day), but it finally caught up with...

I have setup a couple IC scenerios on paper, but have not done one yet. May do this after the Oct expiration. After the Earnings and the Oct exp, the volitility will drop again, and a condor would look pretty good. I was looking at the 370/380-470/480 last week. Would give you about a 9%...

Bailed out of the flaming SPX Spread this morning... This market just does not want to take a breather....! BTC the 1360 C @ 9.7 (4.2 debit x 5) STC the original 1370 C @ 4.8 (3.3 Credit x 5). After all the separate trades on this, in October Exp. month, I ended up with a negative on the...

I learned last year to run my spyware and anti-virus all the time. I had an "E-Gold" account for some on-line payments that I was doing. I got a trojan on my personal machine that was "Keylogging". Lost $500 out of my account and it was sent to some one in "Whatever-istan" Eastern block...

Oh well, Guess a good thing will not never last. Closed down my Neteller account a couple weeks ago when this bill started to pick up steam. Going On-Line gave me the opportunity to do things I could NOT do at a local Casinos. Made a good second income off of Sports arbitrage betting in the...

Yeah, your right about earnings next week... "Buy the rumor..sell the News" always in my mind during earnings week. I never carried a stock thru the earnings report. I mentioned Friday just because of the exp...but I will be out probably late afternoon on Thursday, that is if it does not get...

On-Line trading will always be allowed... Because the Government will get their Capital Gains TAXES from that... They are not going to shoot down any Horse Racing, Lotteries, or Land Based Casinos, because they are the "Casino's Silent Partner". (and you thought the MOB had control of this)...

SPX is kicking my butt today. Was sitting on a small profit waiting for some kind of pullback, but it has not happened. Now sitting with a small loss on my overall SPX trades this month. Going to give it untill late Monday or Tuesday before I call it quits on this spread. Still waiting for next...

I'm back in with a 460-470 Bear Call spread again. Had an existing 470 call I bought a while back. Bought back the 460 a couple weeks ago for a small profit. Sold it to open again yesterday for 4.4 x5 ($2,185 credit after comm). I have already pulled out $785 profit on this options cycle...

Back to GOOG again. Sold to Open 5 460 calls @ 4.4 to complete my bear call credit spread. ($2185 credit after comm.). Two full weeks left to go until EXP. I will close it out if it makes it to the 460 level by then.

GOOG was up to 419 close today. Will watch to see if it follows thru any higher on monday. If it hits 425, I will be selling the 460 again. 2 weeks left on theta. Sitting on a small profit on the SPX 1360 /1370 call spread as of today, but I think the market will be backing off before the...