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Is addiction such a bad thing? If you really enjoy something, and make your livelihood out of it, or even for the guys who have lost a million but have a dream and come back and try again, even more determined, isn't that what life is all about? Pursuing your dream, doing something you enjoy...

True dat bra, true dat. Tell the average single mom out there that there is no inflation when she is at the grocery store and paying up, paying 3 bucks a gallon for gas, insurance and heating bills through the roof, but tell her she shouldn't worry about that since the price of computer chips...

Thats a good trick too but it doesn't have the hook of tearing up 3 trillion pieces of paper on stage, don't think you can build a vegas act around it, not right for our show. Sorry.

Let me show you this amazing trick. Mr. Chin, let me borrow for the purpose of this trick, 3 Trillion pieces of paper. Do not worry, my friend, I will pay you back shortly. (the able assistant Mr. Chin gives the amazing Ben the 3 trillion pieces of paper) Ok, now for the trick. The...

Yes , it is evident that this is pure manipulation and a scam by the fed who unbelievably is overtly stating that they are trying to fool the american public into believing that they have money, so they will spend more, by the manipulation of stock prices through the destruction of the dollar...

Pullback of 30 points sounds like a big deal. Of course at 2 oclock yesterday afternoon they were at 1184 and are now 1218, so thats 34 points in a day. There has to be something drastically wrong somewhere if the fed is so scared to allow the market move on its own. Sounds like the days of...

its unfair that they are trying to save the economy but are ruining our game. The basic fairness of our game is out the window, kind of makes one introspective. Today is like the guy who goes to the track and wins a million and then bets it all on the last race and loses by a nose and when...

Perhaps, historically a broader range thereby creating more strikes, or also, a stock split which creates the odd strikes, or perhaps, you can call the options exchange and ask them to open a new strike, and guess what they will.

I did the same thing when I got divorced, kept 20%, the rest went to my wife.

I would say thank you very much. Of course, if you invested 100 million with me, I would have to trade it, but since you gave me 100 million, probably would spend it on Justin Bieber tickets for my daughter, a new to me 1977 Ford Pinto, a good slice of Angelos Pizza, and take the other...

I've been trading options for 20 years and I have never spent 1 minute thinking about this. Is there any way that this will make you money?

No, if he is dealing with a place like Tradeking, he could have gotten one of those day trading margin calls without losing money. If push came to shove, the margin call does not follow him to a new place.

i am going to try that with my mortgage held by Wells. I am confident that the payment of $2000 that I just made will be worth $250k in a couple of years based on the declining dollar, that I now post on my financial statements that I own my house free and clear. No wonder everybody beats on...

don't post very often but smell a reversal if we don't get above 1193 on the dec contract

After 20 years of devising option strategies that have yielded way more than that, the answer to your question is to bet Zenyatta to show twice.

its a good strategy, and you are on the track, keep your size manageable and you will make money. overleverage is the killer, if you keep your size moderate you will do great in the long run if you know how to adjust your positions.

Lets see, the average hedge fund last month in the best September 70 years was up a point or two. but you think some newbie schmuck with 50k should average 10% a month, or at worst 5%. Did I miss where California already legalized crack, or is that still on the ballot for November?

I'm not sure how Vn operated, but I know personally that I distribute profits every quarter, so if there is a blowup, it wouldn't necessarily mean a net loss. But again, I am very suprised that he didn't utilize some kind of ratio spreads at his critical points to protect against the huge loss...

I find jem's analysis extremely intelligent and insightful. As a premium seller who has had mostly great success, and a few bad drawdowns over the last 15 years or so, I find he is right on point in pinpointing the stubborness against acknowledging that big market streaks do occur and that...

it will be lower than 954 where it is now(futures)