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  1. K

    Penn state disaster just keeps getting worse.

    This post deserves 5 stars.
  2. K

    CME to Put 300mil with MF-G Trustee.

    Wow that reminds me of the early days before SIPC when firms failed NYSE members would have to pledge or buy a firm and make sure people were made whole. This was back when the paper crisis was a huge mess, securities were lost or outright stolen from the cage.
  3. K

    Penn state disaster just keeps getting worse.

    “I could say that I have done some of those things,” he said of the allegations against him. “I have horsed around with kids. I have showered after workouts. I have hugged them and I have touched their legs accidentally with my erect penis without intent of sexual contact.” He added...
  4. K

    well, all puts are turning into smoke today

    Did you buy some of my november 117 puts at 2.25?
  5. K

    Is the USA capable of making ANY decisions anymore? Keystone Pipeline

    Relax guys he will vote it in after the elections and his position is locked for the next 4 years. Standard political ploy. He is bidding up the bribe money and insuring his reelection by showing the greens that he loves nature. Once the vote comes in he will get his packet of cash, pipe gets...
  6. K

    ATTENTION: Tax credits for hiring veterans will not work.

    Here is the simple economic reason why this will not work and it is just an empty political feel good ploy. #1 If your company has excess capacity and slack demand for your goods and services. Then you have no need to hire any employee. #2 It makes no sense to hire an employee just to...
  7. K

    Proof That Being Gay Is A Disorder Of The Brain

    If you think being gay is a choice then that would indicate something quite interesting about your own sexuality. Why would any straight guy think one day, hey maybe I would like to sleep with another guy and stick my dick up his hairy ass and then have his dick up my ass. Seriously? You...
  8. K

    Safer option strategies

    If you are unwilling to be assigned. DO NOT SHORT OPTIONS CONTRACTS. Assignment is part of the buisness. I get assigned. I sell options on the index etfs. but I always factor in assignment risk. This means. #1 You must have enough capital to take stock when assigned. #2 You...
  9. K

    You Cant Just Quit Your Day Job And Become A Trader.

    Ask yourself. can you just quit your day job and become an airline pilot the next day? Can you become a doctor the next day? or an automechanic the next day? What makes you think trading is any different? Its not just sticking money in some trading account and pressing a few buttons and...
  10. K

    when will GRPN options become available?

    Even if you could the tiny float and the high carry cost would kill you.
  11. K

    when will GRPN options become available?

    Sellers are not gonna hand you free money selling those puts with a low IV :)
  12. K

    dell monitors - new -deal

    Shitty monitors. You want the U2412Ms If your gonna spend all day staring at screens trading, at least invest on a decent monitor. The Dell U2412m series are the the best deal going.
  13. K

    China Credit Squeeze Prompts Suicides, Violence

    Zhong needed cash to keep paying his suppliers, rent and employees. Scanning the local paper one day, he saw an ad for loans without collateral. He dialed the number and arranged to borrow 600,000 yuan for one month, from what Zhong called a “gaolidai,” a Chinese term for a loan shark. He...
  14. K

    The comex pit 81. So many parallels.

    back in 81 same old shit. Although the Pornstache was pretty popular as you can see. <iframe width="420" height="315" src="http://www.youtube.com/embed/FZI1vWZFybw" frameborder="0" allowfullscreen></iframe>
  15. K

    CME Harddrive futures hit limit up today.

    Something big going on, HD futures skyrocket today and hit limit up december contracts skyrocketed today.
  16. K

    Penson The next shoe to drop after MF?

    I wonder if those with assets held at Penson are spooked after the sudden collapse of MF Global. Now it seems is not the time to wait for the bad news and end up having your account frozen and unable to wire it out before the lock. Penson to shut down Asian operation as losses grow Tom...
  17. K

    Whats going on with Pension?

    If I had assets with Penson it probably would be prudent to reduce your exposure. You dont want to wait till its on CNBC. Look at the balance sheet.
  18. K

    WTS Prop - $79 monthly fee?

    I never understood why people think Coffee and donuts are free. 69 dollars a month per person is a fair cost to have both items available when you walk into the office.
  19. K

    IB Margin Changes

    No, only IB. It is a proprietary technology.
  20. K

    MF Global admitted client funds used as crisis escalated: report

    Shit like this happened in the late 60s and early 70s. Nothing new here.
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