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CBOE to list options on Buffett's Berkshire Class B shares CHICAGO (Reuters) - Option traders will soon be able to speculate or hedge their risk in the shares of Berkshire Hathaway Inc (NYSE:BRK-A - News; NYSE:BRK-B - News), the insurance and investment conglomerate run by billionaire Warren...

All depends on what you're trading and the various settings. I haven't used it in a while but when I did trading the ES I think I had FAMA and MAMA cofigurations of .2 and .12 (or vice-versa, I forget). Been a while. :(

I had good luck with the MAMA/FAMA combo (the 'MESA' Moving Average) last year --- had to tweak it a bit for various trading styles but it wasn't too bad as far as MAs go. FWIW saying the only MA on my charts is the 200 sma so rest assured I don't use them regularly. Still, MESA was pretty...

New blog posting and excellent laundry list of things that make (mostly) CNBC irrelevant and useless to any serious trader in my humble amateur view. http://www.ritholtz.com/blog/2009/06/how-to-fix-financial-television/

3 articles of possible interest to folks here ... Waiting for CNBC A tragicomedy in one long act http://www.cjr.org/feature/waiting_for_cnbc_1.php?page=all&print=true Identity Crisis The Wall Street Journal steers away from what made it great...

That some guy here?

Slow tape day, figured to start a discussion on the short butterfly volatiltiy strategy. For me, I view such trades as a credit-spread approach to trade volatility on high premium stocks before major news events. Yes, you need to plan the position carefully and granted, the payoffs are...

Nope. Too damn distracting. If you absolutely must 'watch' it, then just 'watch' it -- put it on mute, avoid the market commentaries and idiotic sound effects and incompetent punditry (*cough* Neale). Don't 'listen' to it. And if CNBC runs any more than 3 people on a screen @ one time...

OptionsXpress does I think....

First off, turn off CNBC and never turn it on again. You'll be a better trader right there. Then get a stock scanner / screener and let the computer do the chart-scanning and searching for you based on whatever technical or fundamental parameters you trade from. Having 50 charts to look @...

Any word / rumor when NT 7 is coming out ?

I've been building long-term equity positions since November in stocks that took a beating but I believe are excellent long-term holds provided you can overlook the near-term market gyrations. So, yes. For a 10-15-20+ year horizon, being able to own a few thousand shares of (for example) GE...

It means your account is on thin ice and indicates possible blow-ups ahead. :) (joke - i have no idea wtf that 'pattern' is)

GE UTX IBM PG JNJ GOOG

Funny how he never rails against the Ultra Long ETFs ... or would likely support a "downtick rule" to prevent runaway long moves. Shorts are always evil in his eyes, and IMHO that's just a biased perspective that appeals to nobody but the clueless retail investor turning to CNBC for trading...

I started buying it a few years ago before the markets tanked...

This may or may not be helpful, but my short answer: forget the analysts "calls" and "price targets" or "analysis" -- do what YOU think is best for you based on your assessment of GE and the market. I have been long of GE from the mid-30s and since Dec or so, have become much longer by...

Yeah I love those infomercials on Sat or Sun mornings, all showing Florida golf course homes, boats, motorcycles, and other aspects of "the good life." Every now and then I'll stop and watch them, just for a yukk or two. "Red light, sell. Green light, buy. It's that easy!" "Live the...

ThinkorSwim. Period. Great platform, great execution, great customer service, etc. :) I started at OptionsXpress but their web interface was kind of clunky and the streaming quotes they use were totally useless for daytrading anything. They're a good company, though - good customer...

LOL Creative marketing approach for what appears to be regular ol' OTM options. Same logic applies, I think ... good insurance policy. Comign from the CBOE maybe this is a sign they don't think they'll win a CDS contract for the toxic assets and thus want to entice folks to move more...