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What's your rationale for this 2.5x #?

Who's buying here?

Only a surprise rate cut can save you. :D

But what's $15m to him? Can't he just keep the house and use it like a hotel? I'm sure he still visits NYC from time to time.

How? The guy flipflops by the hour.

How many bps cut do we need now to avoid a recession by Nov? Try to think like a politician...

Is there a 0 missing in the title? :D

Yes, where for pilgrimage purpose? :D I've heard he bought another house in China as well. Any idea?

How about for the financials?

Got link?

I mean not short term but long term to the upside. Any thoughts?

He has seen more bottoms than Bill Clinton.

Do you think it could fetch that much if it's not Jim Roger's house?

He said options pinning yesterday.

Yep, it's doing the discounting right now.

Didn't the fund underperform the S&P big time over the last several years? IIRC. the 3 year return is just 9%.

"The reason it's so depressed is that no one really knows how bad it will be, but we think that sometime in 2008 there will be clarity and we'll start to see buyers come back," he says. "They might have to cut their dividend -- which would not be so terrible -- to shore up their capital base...

Arbitrage in action?

I'm long ETFC. My sentiment is short term neutral but long term bullish. I want to get paid to hold it by doing CC but I'm concerned that it may break out on news like the BAC / CFC rumor. What's the best way to play this? Sell DOTM leaps or keep selling front month OTM CC every month? Thanks!

Why do you need your full service broker if you want to do your own trades?