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    trend is your friend 345PM each day..

    Guys. an Experienced trader is advicing me to stop getting in my own opinion . His strategy is simple.. by 3.45 pm each trading day, observe the trend . if Dow. +-20. dont do any thing. whenever it is + - 100 200 points go bull or bear. Continue this and keep booking profits while...
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    Cash for Refrigerators'

    I was wondering what steriods is WHR on.. its the same darn.. Cash for trash... isnt it just 50 to $200 or so... How is this going to do wonders. AUTOs was one thing... this is rubbish.. but that being said, I have successfully shorted WHr on several occassions.. this time I will stay a...
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    LTCM style short trade

    ok. .got it... hey ..kingofshort.s. u used to recommend lot of last minute gambles.. I remember the GE one. Its been crazy this run. up.. i had a hunch Thu -Fri.. Options expiration will take out some steam. which it did. Now question is .. will the run resume on Monday...
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    LTCM style short trade

    what is the ticker.. try DECK 100 call. paying 80 cents should expire worthles. also GLD 115 cal.l 17 cents.. try it .. lol. and I forgot.. SHLD.. it has results.. the 80 call.. should expire worthless too. but I may have to chew my words. come tomorrow.
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    What is the Best Option strategy for the Current Market Rally ?

    one of my experienced long time trader friend told me.. no matter what strategy you come up with,, in the end your direction has to be right for you to make money if the instrument does not move. that also means that your direction was right( if have an iron condor).. that said apart.. I...
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    500 applicants for $13/hr job

    I applied for a tech support job in dallas.. very specialized skills. was not expecting too much competition.. there was 60 resumes.. 8 qualified.. I was among the 8.. I was called and grilled by several rounds of consultants/managers/HR folks for alteast 4-5 hours.. I thought I would land it...
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    GMCR giving me the jitters

    and that too on the diluted shares.. 3:2.. plus additional 10% dilution they later announced ... if u were trading GMCR when it was in the 30 to 40s range. ie. b4 may.. then the ADJUSTED PRICE is like 125 THIS IS A SUPER SCREAMING SHORT. but I dont have the guts to short At the money...
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    are options really ZERO SUM GAME ? i don't think so

    yup. seems like a troll. http://www.cboe.com/Advisors/knowledge/myth7.aspx final explanation. given by the official CBOT site. lets move on..
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    Asian Markets Drop Amid Worries About U.S. Consumer

    I have been to many malls and foot traffic doesnot translate to sales.. many times u see groups of teenagers roaming around. buying nothing. it seems to be a hangout place.. typically the Galleria chain. I read somewhere hedge funds pay folks to count foot traffic outside stores and...
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    looking for good options broker

    great quote but u forgot one bracket. Less than 1K.. your best broker is your local lotto/powerball megamillions ticket center.. lol jokes apart.. IB is the best...but I do keep a seperate OptionsHouse account. when there is a need to buy a large number of options. do the math...
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    GMCR giving me the jitters

    GMCR is riding on I dunno what? selling Coffee machines and pods they cost 9.88 plus tax for 20 pods in walmart Just ask around.if you live in USA, do u see any signs of their explosive growth. This thing should be ubiquitious by now and we shud not only see it with our acquaintances...
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    De Beers Profits Fall 99%: Says "Sales Have All But Vanished In Last 6 Months"

    I read once an article that in the 60s in japan. or around that time. only 10% of marriages, rings were used.. Debeers came out with a systematic ad cammpaign and a few years later the % rose to 60 Also some years back. Debeers came out with non marriage. right hand ring campaign...
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    gotta be some call sellers getting reamed here

    yup.. some folks I know.. sold lot of naked OTM July expiry and have given back all gains from past 3 weeks. all it takes is 3 Plus days and lot of high probablity naked calls get In the money.. the nickel and dime approach to selling naked puts and calls has its pains. if selling...
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    Whats the best way to hedge against multiple positions?

    absolutely, : you have to pay so that you can sleep well knowing that you are hedged. That sleep ain't free !
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    Unemployment Benefits By State

    but buddy... your friend has to pay taxes on it at the end of the year.. SO if he was laid off mid year. and would have had income plus severance package, that all adds up.. also see this article about condition in DETROIT======== http://online.wsj.com/article/SB124718194179420129.html#...
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    Casino play of the week. Come and get it. part II

    buddy. i like your strategy.. also you are giving ideas of opening an office pool . I have done that for lotto.. but heck. this is 100 times better.. lotto . forget it.. you have better chances of getting struck by lighting 4X times than winning the lotto .. about your trade: 200 dollar +...
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    MARKET looks like a Option sellers DREAM

    reason i mentioned this . is also that now comes the earnings season. and it will start to rock the boat violently.. but most stocks which will declare results after next friday. have been calm and range bound... this is the calm before the storm welcome to earnings season. I...
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    How to make money in a deflationary, wealth destruction economy?

    here is some about the pending REITs doom --------------- http://voices.washingtonpost.com/hearing/ Posted at 10:00 AM ET, 07/ 9/2009 Next Shock Coming: Commercial Real Estate The Joint Economic Committee holds a hearing this morning on worsening conditions in commercial real...
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    MARKET looks like a Option sellers DREAM

    WHAT IS Happening. MARKET looks like a Option sellers DREAM anyone noticing last month and this as of till now... WILL NEATLY fall in a narrow range... broad indexes and most big stocks.. same darn range.. hence conservative strangles seller. will be reaping in again.
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    Lost 100K in one month, 50% wiped out, start to write journal

    in addition to the "disciplined trader"= mark douglas. get this one http://www.amazon.com/Bulls-Make-Money-Bears-Slaughtered/dp/0735201455 Bulls Make Money, Bears Make Money, Pigs Get Slaughtered: Wall Street Truisms that Stand the Test of Time (Hardcover) by Anthony M. Gallea...
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