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No source... Just the trend of battery technology. Very similar to semiconductors (Moore's law). The capacity(transistors) is trending to double every two years... Only a matter of time and then the sand n's can take their oil and shove it. Throw in some bio diesel (trucks, trains, planes...

Wait till they have a 100kwh battery that can charge to 50% in 15 minutes and full in an hour (yes, some mighty heavy duty cables and higher voltages) in a $30,000 2500lb car, (600 mile range). Oil = $20/barrel. SPX = 2000.

1621 right now... 1687 looking mighty tasty....

SPX 1620 hit today.... Up 60 handles from the swing low. Some pretty nice opportunities for those not stuck in a bad position...

Target missed. Now SPX is 1603.

Expensive, yes. To the point of making it virtually impossible to be profitable unless you trade large enough (10k contracts/month) to negotiate out all the crazy fees, 50c commish/car and no exer/ass fees

On top of the high commissions, the REAL Jam-Job is the $15 per line exercise/assignment charge. So if you sell a $1 wide OTM vertical for 0.20 thinking your max risk is 0.80 (4x1 risk/reward), you're sadly mistaken. If the stock/ETF puts that spread in the money, you will wind up losing the...

Sad that THI/Peterffy may become a thing of the past. They've been a source of millions in profits for me.... RIP.

Party on Garth!!!

Hmm.... quite interesting.... Clearly I have missed something between this thread and the one mentioned in the post above...

Bump.... def: just had a chance to catch up and read your last conf call. CLASSIC. McLovinIt!!

Tyler Durden is most likely a shill for the largest longs on the planet. Keep everybody bearish while mega-billions are being made by the smart money. Now THAT is smart. Even if he is not, the advertising alone on his site probably pays very well. Other bearish players here are not so...

It might be if on a $100 stock the rebate is -80% and the 30 day conversion is $5 bid... lol!

Skid marks in the tighty whiteys.... 4 sure....

Well, seems the "ghost" got lost. DJIA up 110, EUR$ up 80... Mayhem nowhere to be found, lol!

Hoping everyone enjoyed their Memorial Day weekend. Paying respect to those that gave their courage and lives in honor of our country... Oh my... would you look at that. Another vault higher in the markets. Soon we will be paying our respect to the shorts as well....

To all the permabears, Doug Kass et al. I want you to have a genuinely enjoyable Memorial Day weekend as you sweat having watched the market close at the high of the day (and + on the day) in the futures. I sold all my longs 23 handles higher but I genuinely expect to see those levels exceeded...

You can add roughly 2000 handles of additional losses from the beginning of the campaign. Don't remember exactly but it was in the 1100 or 1200s

Sounds like it's time to reload the long position... But I won't. Bought some AAPL on the channel check info from MS.

For you home gamers, that was SPX 1672 (~1670 in ESM3)