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    canadian income trusts to be taxed

    PGH looks pretty good - I think I will watch it but they just had a missed earnings expectation. At first blush PWI looks pretty good too - strong earnings, so I picked it up also. But I am not so sure about ENT. It has had a consistent run of earnings disappointments and must be more of...
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    SPX Credit Spread Trader

    Don't you think that traders deserve to get a realistic price that bears some continuity to the prior day's close or resembles the direction and magnitude of SPX at 9:30 EST?. As for me I think that traders should have an expectation of an opening price that resembles the real market(s)...
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    canadian income trusts to be taxed

    Wetton, I agree with you. This is going lower - down momentum is high. I was contemplating and hoping for a reversal of gov policy scenario and the more I thought about it the more I saw danger for me personally. Foreign investors (USA) would likely get screwed even more if they did a...
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    SPX Credit Spread Trader

    This market is event driven. It took off today after weak inflation implications of a weak producer price report (PPI) and a FED official making statements implying inflation looks tame. There is another report tomorrow and the rest of the week that could reinforce this trend or turn it. But...
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    SPX Credit Spread Trader

    OMG SPX BUSTED through the 1389 resistance like it was butter! I AM SO GLAD I closed my SPX NOV IC rather than hold through exp!! whew... SPX at 1392 and looking pretty beefy.... TS
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    If we go to War with Iran will that be bad for the US Stock Market?

    I think your use of a Homer Simpson analogy demonstrates your naivety about the military options that Iran has and the over stated vulnerability the US has to Iran - which is very minimal. Iran has no substantial air power and little armor. It has a slight naval capability but nothing that would...
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    SPX Credit Spread Trader

    Looks like the upside resistance to the SPX advancing past the 1389 barrier is holding again (has it been 7 assaults denied now?). Time for me to start hunting for Dec IC positions and tip toeing in. TS
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    canadian income trusts to be taxed

    Still trying to get the sentiment on what is happening in Canada in the trust front. Analysts seem to suggest that people would be better off anticipating conventional Canadian Energy company's to increase dividends to attract the displaced trust investors. Here is a snipit from Baron's...
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    If we go to War with Iran will that be bad for the US Stock Market?

    I think the environmentalists for the first time ever are starting to "warm up" to the reality that very few on the planet are going to just put on their Berkshire earth shoes and walk or ride bicycles and grow bean sprouts in their own self-made organic condo sand boxes. Times are a changin'...
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    If we go to War with Iran will that be bad for the US Stock Market?

    Well one thing is for sure - it would result in a windfall for the real estate market and get it out of its doldrums as Europeans and wealthy moderate Arabs in the region fled to the US for safety. Hmm, maybe we should just give these nut cakes the bomb so the world can get use to the reality...
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    SPX Credit Spread Trader

    I was wondering the same thing. I suspect its similar to premature menopause that some of the women folk get with the passing of time. If true then it may be nothing more than a noxious long term side effect of watching the theta decay players (with or without trading skills) making easy money...
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    SPX Credit Spread Trader

    Mark, I see my atempt to inject humor into this failed. Sorry. I was just trying to have a little fun. I think 98% of us here highly value and respect Mav's, yours coaches et-al opinions. As I have said - I lost a pretty good chunk using limited risk spreads back in Oct. I was always...
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    SPX Credit Spread Trader

    Don't do it jeff - make him work for it at the normal static market [edit] theta decay rate of time. But watch him sweat in week 3 when the credit relationship inverts and the money looks like its coming back our way. But if you just hand it to him up front like a premium seller you will kill...
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    SPX Credit Spread Trader

    With all the the worrisome talk on 3 sigma storms and black swans etc. I decided to punch out early on my near perfectly center flying Iron Condor position (NOV CALL 1430/1420 and NOV PUT 1335/1325) with 35 points above and 50 points below the current SPX (1385) rather than face 3 more days of...
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    canadian income trusts to be taxed

    More OUTRAGE: http://www.caif.ca/content/CAIF_OP-ED_Nov2.pdf TS ============ THE FEDERAL GOVERNMENT HAS BROKEN TRUST WITH CANADIANS By George Kesteven President, The Canadian Association of Income Funds The federal government’s punitive and unwarranted decision to tax income trusts has...
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    canadian income trusts to be taxed

    I started trying to get some sentiment from Canadians on this trust tax issue and determine if there is a chance for a reversal. As best I can tell The Canadian Association of Income Funds is LIVID over this tax and is really pushing for some kind of change or education of gov on what they...
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    canadian income trusts to be taxed

    Hey cost average man. I wish you luck on FDG. It has been my personal nemesis and a curse. I have not seen ANY strength for 6 months. Every now and then we get a day or two of uptrend then it falls back down again. I don't see any new news coming out so I am flying blind on it. As best I can...
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    SPX Credit Spread Trader

    Mav I'd like to see your numbers and benefit by the info. I in fact came to this forum when my web search showed you guys were doing a lot of ICs in this journal and that is what I had just lost big in in the Oct run up after doing remarkable well before then. I have since learned that...
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    SPX Credit Spread Trader

    I have a play-pen virtual account of about 5-10% (varies) of my total portfolio worth to experiment with new ideas and to take the higher risk-reward plays. I also do speculation plays in this account. An advisory service is a good independent "sanity check" and to give new ideas. I have...
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