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It moves up and down. (Duh.)

If this website has to have trolls, do they have to be this boring?

IMHO, you should wait until there's a clear price action reversal signal like we had back in May at the previous swing high. This is the strongest bull swing in the past year. With a trend this strong, I'd say that price is the only reliable confirmation of a change in trend.

Ahem: You forgot the imbecility, electron. And yes, being a troll who creates fake trading journals and intentionally makes promises he doesn't plan to keep in order to get people riled up is not civil.

What, you didn't actually think that marketsurfer has any principles, did you?

As long as marketsurfer stays around, you need not fear that happening.

Not if you know what you're doing. Rearden Metal has made some great calls before earnings. I'm sure that he made the calls based on sound analyses of fundamental and technical data. http://www.elitetrader.com/vb/showthread.php?s=&threadid=73601&perpage=6&pagenumber=1

The current upswing is the most powerful one of the past year. I say we hit 1740 by August 15th.

Thank you for that. One of the best posts I've seen in a while.

Translation: "I'm a troll." Calling your performances "theater art" is an offense to both those words.

That assumes that he honestly intended to stay away from ET to begin with. Having become acquainted with some of his history on this site, it's obvious to me that he's just fucking with us. A lot of his past behavior has been troll-like: that is, deliberately making insincere statements that are...

Telling someone who's profitability is unknown to you that he struggles in the market, when all you do is put on embarrassing paper trades, is, um... perfectly in line with your character.

I find that hard to believe. Unless he were completely delusional, how could he sincerely believe that he'd raise his profile by posting all of his nonsense? What potential business connection would look at all of this favorably? He's probably just here for shits and giggles.

The idea of this form of transportation is about 100 years old. "The modern concept of a vactrain, with evacuated tubes and maglev technology, was explored in the 1910s by American engineer Robert Goddard, who designed detailed prototypes with a university student. His train would have...

http://www.youtube.com/watch?v=XgxZdQiwOwQ

I've done this, but not for a profit. I was once in a situation where I was long options, it was close to expiration, and the underlying went way against me so that my position ended up practically worthless. I figured that I might as well salvage what few dollars I could out of it and entered...

You can't say that there was no volatility crunch. Your profit was due to a large move in the stock, not a lack of decline in volatility. Like I said, or meant to imply anyway, the call you bought did not have much volatility priced into it when you sold it. Most of its value was intrinsic value.

The option was in the money by about 10% and expiration Friday was just two days away when you sold it. You should expect the option to have very little time value in that situation.

The call was worth what it should have been worth. Take the strike price, 27, add to it the premium you received for it when you sold it, and then compare that to the price of the stock when you sold the call.

The DJIA just hit 15547. http://www.youtube.com/watch?v=iMpXAknykeg