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  1. M

    Cit Halted

    with tarp funds still available (200B) why is the government leting this one fail? What board member pissed off the treasury, i mean goldman?
  2. M

    •CIT Hit With Interest Rate More Than 25 Times Libor

    it's the sign of the times in finance. Even excellent credit holders are finding it more difficult to get cheap heavy loans.
  3. M

    PFE earnings tommorow mornings!!!

    Their market cap is 109B... Why wouldn't they be in the dow 30?
  4. M

    Top Chinese bank regulator warns of loan growth risks

    It's a stupid estimate. ignore and move on
  5. M

    CIT projections?

    take your profits
  6. M

    Lost 100K in one month, 50% wiped out, start to write journal

    your play list seems tough... fighting trends is bad news
  7. M

    FAS = 1 for 5 / FAZ = 1 for 10

    ugh 29m float? ouch.
  8. M

    Basic Automation Programming

    Thanks for the input, VB was my other thought also. I want to learn rather than just reuse someone else's work :)
  9. M

    Basic Automation Programming

    Hey Guys, Im in the very begining stages of automating options trading. When i mean automate, I mean I will write some sort of program that will calculate various strategies for me and let me know the max profit/loss at what area and at what severity etc and I will choose to implement the...
  10. M

    Straddle postion entry..

    Thanks for #1 2 is respectable and i appreciate your input, but faz has quite a bit of options premium built into them. I would like to use my negative opportunity to explore straddles and maintaining short/long positions without losing (additional) money.
  11. M

    Straddle postion entry..

    Hey guys. I own a few lots of FAZ with a pretty hefty average price. Looking at a -40% loss with little expectation I can recover 40% + more. So i'm exploring position management to ease out of this position while minimizing losses maximizing any potential (unlikely) gains. So i'm looking...
  12. M

    JP Morgan Chase Setting Up For Massive Credit Card Default Problem

    I used that offer in college to pay my last semester of tuition. Except it's 0% payment option per month @ 2.99% APR. I've paid off 40% of the loan only dropping $45 a month in the past yr and half. Low interest is epic city. 5% payment per month is nothing.. you have 10k in debt...
  13. M

    Why Fed Will Pull The Rug Today

    I really doubt the FED would pull a move THAT retarded. If normal people start seeing -2%, -3% declines again, they'll go back into the bunker.
  14. M

    Series 7 vs. CFA level I

    I spent a month studying for the CFA before ditching it. Felt like college all over again, studying for something you'll never really get to apply like it's shown/taught in the material. Big bragging right, kinda like an economist with a Ph.D. Totally broke, but overly educated with...
  15. M

    A Flat Tax for California?

    There are a lot of private catholic/christian high schools in my area... Don't know what you're crying about.
  16. M

    economic stupidity

    While investment return on traditional investments would be lower, borrowing would be a lot higher resulting in less spending and eventually your investments would still yield low results.
  17. M

    A Flat Tax for California?

    I know right?? There are no hard criminals in California!
  18. M

    A Flat Tax for California?

    Just cut the ridiculous spending. DONE
  19. M

    Here is why ETFs suck

    Doesn't the USO oil fund also correlate with natty gas prices and heating oil?
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