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Actually, it is no big deal. Whenever Godzilla is sighted at Tokyo Bay, Japan will raise the terror alert to the highest level. It has been like that for the past 40 years. :p

Slowly is better than never.:D Human being is human being. The more time I spend in front of a trading screen, the more likely is that my judgement will be impaired by greed and fear. Detachment is a virtue in trading.:p

No option software, no charting software, etc. Just a Dell Notebook and a Cable Modem. :D

I like to trade options, because I usually work less than one hour per trading day. There is a lot of time to kill. :p

If you do not buy back the naked calls, and the stock gaps up on Monday at the open(eg. short squeeze), you can be in trouble. If I wrote an uncovered call, which becomes deep in the money, I usually cut/hedge the losses by selling near the money Puts few days before expiration. For example...

An attempt to profit from pricing inefficiencies that are identified through the use of mathematical models. Statistical arbitrage attempts to profit from the likelihood that prices will trend toward a historical norm. Unlike pure arbitrage, statistical arbitrage is not riskless...

U.S. Nears Clash With Governors on Medicaid Cost By ROBERT PEAR Published by New York Times: February 16, 2004 WASHINGTON, Feb. 15 — The Bush administration is headed for a confrontation with states over the financing of Medicaid, the nation's largest health program, as federal...

I heard it from CNBC today. Reuters also mentioned that: Goldman Lays Off Equities Staff By Jake Keaveny Tuesday, Feb. 10, 2004 NEW YORK (Reuters) - Investment bank Goldman Sachs Group <GS.N> laid off several dozen stock traders and sales staff on Tuesday, cutting costs as the...

Yes. It is not going to be easy. Goldman and Merrill are laying off equity traders this week. Good Luck !!! :)

IMHO: Another problem is that competition has becoming keener and keener, and employers can afford to be more demanding, and less forgiving. Thirteen years ago, if you had a Maths. Ph. D. degree from a good school, major investment banks would hire you, even though you know nothing about...

Time dilation and length contraction are always fascinating. Both relativity and quantum mechanics give many predictions that are counter-intuitive and yet supported by experiments. I guess it is becoming more and more difficult to understand nature. :p

My guess is "NO". Their financial and banking systems have too many problems: corruption, bad loans, etc. Few weeks ago, China used up $45 billions of their foreign reserve to bail out two local banks. http://timesofindia.indiatimes.com/articleshow/415711.cms One of my friends'...

The CEO of BOX is appearing at CNBC now. :)

According to Challenger, Gray & Christmas, Inc., US companies have announced cutting of over 117,500 jobs in January, 2004. :eek:

Mon February 2, 2004 01:36 PM ET By Michael Flaherty NEW YORK (Reuters) - When Philip Gardner took a research position at Michigan State University in 1985, big corporations were snapping up graduates. As the U.S. economy rebounded from a recession, he recalled, Midland, Michigan-based...

IMHO: To certain extent, that is true. Another problem may be that when they are ready to lower their standards, it is too late already. Any respectable employer will think twice before hiring someone who has been out of work for over one year. The unemployment rate depends on the...

Thu January 29, 2004 07:34 PM ET By Peter Szekely WASHINGTON (Reuters) - A record number of unemployed American workers face losing all their income in the first half of 2004 because they are using up their state jobless benefits and Congress has stopped extending them, a private study...

Exactly. Why bother ? :D The key words are broad based index options. Writing naked Puts/Calls on individual stock or options on future are too exciting for an old and poor guy like me. :D Less competition is good. I definitely will have a harder time to make money, if high school...

That was not my statement. It is the title of the article posted by Reuters on the Web ............. :)

Mon January 26, 2004 01:50 PM ET By Yohannes Edemariam TORONTO (Reuters) - Canadian boat manufacturer Barry Galperin sees storms on his horizon because of the steady rise of the Canadian dollar against its U.S. counterpart. "If it continues like this," Galperin said, "I can survive for...