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  1. M

    Ayn Rand and trading...

    That is the highest of compliments, coming from a fossilized demogogue like Chomsky.
  2. M

    Ayn Rand and trading...

    Again, time does not permit a full exchange, but do you know how many full time regulators that Fannie Mae alone has? Hint: It is over two hundred.
  3. M

    Ayn Rand and trading...

    JNBadger, time and energy does not permit to get into a big debate with the people in this thread. But I will state that those naysayers here have no idea about the subject whatsoever. They are utterly ignorant about the ideas and especially their place in the history of philosphy. As you...
  4. M

    Ayn Rand and trading...

    JNBadger, there are two main set pieces in the book that you will refer to the rest of your life. The first is Francisco's money speech, and the other is John Galts 60 page opas toward the end. These really bring a lot of objectivism philoposphy into focus.
  5. M

    Ayn Rand and trading...

    JNBadger, it is worth much more than 1000 pages. Most who read it - and get it - read it serveral times over their lives. This book is not literature, it is philosophy. After reading it, you realize that you are now about to begin living it in this country. As for her fear of communism...
  6. M

    NYT - Paul Krugman - 1928 and the Market Crash

    Its amazing to me how many losing traders are socialists. When did you become a socialist? After you lost all your money trading and after you lost all your time hanging out on trading chat boards? Or where you a socialist before you lost all your money and time?
  7. M

    NYT - Paul Krugman - 1928 and the Market Crash

    Whining about disparity of wealth is just such a tired old leftist hack job. There has always been a disparity of wealth, and there always well. And this is how it should be. If you think people are pissed off because of a disparity of wealth, you should see them when everyone has the...
  8. M

    NYT - Paul Krugman - 1928 and the Market Crash

    No, you check your history. Stealing people's property is the surest way to destroy a civilization. And when it is done by a collection of cruel, half educated theorists like yourself, the body count stacks to the sky. You sound just like Pol Pot. Seriously.
  9. M

    NYT - Paul Krugman - 1928 and the Market Crash

    We won't need your assent? What do you have little socialists have in mind? Maybe some forced collectivization like the Khmer Rouge? Your type of thinking has destroyed more wealth and killed more people than all the wars put together. As for my "assent" - you will meet that in my doorway...
  10. M

    NYT - Paul Krugman - 1928 and the Market Crash

    Yes; Keynes is discredited. No; there is no such thing as a fair redistribution of wealth. Is this a trading board, or the contact list for the Worker Daily?
  11. M

    NYT - Paul Krugman - 1928 and the Market Crash

    Paul Krugman will not win a Nobel prize. He has done no original research or thinking. He is out of the discredited mold of JK Galbraith and JM Keynes. What he is qualified to do is have lunch with Jeffery Sachs and Robert Rubin while they sit around dreaming up new ways to redistribute other...
  12. M

    NYT - Paul Krugman - 1928 and the Market Crash

    Lets start with your first post; you believe Krugman will win the Nobel prize one day. Not hardly. He may win the Pulitzer, though, as that award tends to go to America bashing socialists. Krugman is the type of economist that only a New York liberal can love. He is typical of the type of...
  13. M

    For those that make their living

    Riskarb, I have nothing but respect for your knowledge of options, but I must disagree with your view of the NDX. Since ISE has listed it, it has become pretty damn tight. For instance, right now at the money calls are 0.30 wide. This is the contract I most trade because it is 40 times bigger...
  14. M

    Government Intervention in Stock Market is Detailed by New Report

    These sort of stories are out there ALL THE TIME. Trust me; it will not help you make any money.
  15. M

    Best Options for Long Term Directional Bet

    Take a look at Calendar Spreads
  16. M

    SPX Credit Spread Trader

    Your quote screen should show a consolidated national best bid and offer. If you beat that, then you are doing just fine. You may be worrying about the least important thing here. Believe me.
  17. M

    SPX Credit Spread Trader

    Yes on everything but the Pit part as best price.
  18. M

    SPX Credit Spread Trader

    Of course.
  19. M

    SPX Credit Spread Trader

    ISE has greatly tightened these markets. My small 10 lot spreads get instant execution if I give up a nickle. And I can offer right at the fair value medium and usually get filled in under fifteen minutes.
  20. M

    SPX Credit Spread Trader

    My experience is that the ES options market is very tight...usually only three ticks wide. Cant say the same thing about NQ ..If you want ultra tight, check out the YM options market.
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