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  1. H

    Why the gap down and falling price today?

    Fair enough. Peace.
  2. H

    Why the gap down and falling price today?

    Cause/effect are sequential. If only one of B,C,D can result from A then whichever one A causes will be simultaneous with the absence of the others. If B, the absences of C and D are merely coincidental with the presence of B but do not cause B.
  3. H

    Why the gap down and falling price today?

    I thought about it. He asked "why?" as in "what is the cause?". The absence of an alternative is not a cause; it's merely a simultaneity.
  4. H

    Gold News and Views

    Folks are buying > $628 today vs 540's yesterday. 12% premium for not buying into that trend 24 hours ago. US $ off a tad, but Gold way up. At the moment at least Gold is the safe haven of choice.
  5. H

    Gold News and Views

    Pretty smart analyst. Go to "we could see silly levels for gold" May 24 http://www.kitco.com/KitcoNewsVideo/
  6. H

    Gold News and Views

    Here's Gold's reaction to the 69k jobs figure this morning. http://www.kitco.com/charts/livegold.html Looks like anticipation of more QE.
  7. H

    Anyone Betting on Facebook?

    Sure. Here's one I'm long at the moment. Please note though - I would never in a million years recommend a venture stock to anybody. You have to watch these things like a hawk and be very familiar with the myriad ways penny promoters scam you. I am not suggesting you buy GQC; I'm just showing...
  8. H

    Anyone Betting on Facebook?

    Thanks. I not only made my lunch money but had time to make the beanery before the lunch special expired. Standing aside until we see how much FB might rally. I see the 2-day fast stochastic is pretty high but if New York rallies FB should get a further boost. Probably a lot of guys want to...
  9. H

    Anyone Betting on Facebook?

    His co-founder buddy was smart, renouncing his citizenship and all. Maybe Mr. Z will be emigrating soon. Poor guy only has about 120 countries who would even want him and his lousy money.
  10. H

    Anyone Betting on Facebook?

    Check out any of the lawsuits being launched hourly against FB. They all claim Zuckerberg gave secret guidance indicating earnings will go down from here.
  11. H

    Anyone Betting on Facebook?

    Rate of descent is changing. Took my little profit. I can afford lunch today (hamburger and coffee + 25-cent tip). Hoping for a rally so's I can get back in.
  12. H

    Anyone Betting on Facebook?

    Here's hoping for a rally so that I can pick up those $16 July puts for an all-or-nothing nickel.
  13. H

    Anyone Betting on Facebook?

    Actually, I'm a lot more optimistic about FB's future than you are. I would think GOOG will buy them out before they hit $4.
  14. H

    Anyone Betting on Facebook?

    I'm betting against FB by way of $20 July puts. So far, so good. FB could turn into a fiasco.
  15. H

    FB Lawsuits

    Every day another 2 or 3 lawsuits against FB and all based on the same argument. We have to assume that that argument is pretty sound if so many law firms are willing to gamble on it. If FB stonewalls its share price will steadily decline due to uncertainty. If FB settles its share price will...
  16. H

    When children of the rich burn 100K USD for fun.

    Exactly. Concentration of wealth is #1 cause of depressions.
  17. H

    When children of the rich burn 100K USD for fun.

    Good for her. The Birkin Bag pricetag is an obscenity. It's $15.00 for the product, $99,985.00 for narcissistic bragging rights. That bag is a symbol of plutocrat arrogance and should be burnt along with the hucksters who hawk it.
  18. H

    Public Servant Pensions

    "Public Servant" - an ironic if not downright oxymoronic term. The so-called servants of the public are more like public enslavers. They are a special class of untouchables by way of having a stranglehold on essential services. My pet peeve is the grade school teachers. After being paid...
  19. H

    Facebook Crash

    You're trading at a more sophisticated level than I do. I simply go long/short stock on margin and occassionally trade puts/calls outright. I've tried some of the more sophisticated stuff but it just didn't match up with my personality; I'm too easily spooked so I keep it simple. Thanx for...
  20. H

    Facebook Crash

    Sheesh! I'm misreading you a lot today. Options no problem. I thought you meant the stock per se.
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