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  1. K

    McCain does not sound like someone who cares for our troops

    Against rewarding our soliders and providing an expanded GI Bill. I hate fake patriots. people who talk big and wave the flag and then turn around and shit on our hard working soldiers who sacrifice thier lives to protect us. http://abcnews.go.com/Politics/story?id=4652517
  2. K

    The end of dilettante youth?

    Back in the stoneage. You had to earn your way. Wanted to buy something, newspaper route do something productive. Save your nickels and learn money management, pay for it. It seems parents today are so disinterested in thier kids that they seem to think they can buy thier love by pretty much...
  3. K

    Confused about Option value.

    As long as you are fully aware that it is at risk money and you have the potential to lose 100% of your investment, I say go for it. You seem to be using a small amount of capital. Good that you have the take the money and run attitude. Too many people lose money on options bypassing the chances...
  4. K

    Confused about Option value.

    Be careful. As an option writer (stopped short selling all the low hanging fruit gone, IV too good to pass up) I have seen contracts I wrote lose 32% of its value in 1 day. It is a sellers market in my opinion right now. Less liquidity, greater spreads and right now with this high IV you are...
  5. K

    I don't get it. House worth less than mortgage=can't pay mortgage??????

    Not all, some were shorting the pig down. :)
  6. K

    New option trader

    Agreed. It has been a great time for options writing. I wrote some contracts today that lost 34% of its value to the buyer near the end of the day.
  7. K

    New option trader

    cash secured put writing and covered call writing. Like printing dollars. Repeat the mantra :)
  8. K

    I dropped out of HS to be a better family man?

    Well at least he will not be one of those elitist highschool grads.
  9. K

    Maybe I am stupid, but explain this to me.

    First they say that to fix the economy you have to stabilize house prices and get them to go back up again.. Why? How is it that insuring that a home that was affordable to someone with a decent job in 1998 and was valued at 120K in 98 and during the bubble it hit 800K a good thing? How is...
  10. K

    Trading playbook

    According to the playbook it indicates bears. Check bears off for monday as well.
  11. K

    How to fix the financial crisis.

    Simple. Bring jobs back to the us, throw the employee a bone or two as well.
  12. K

    Anyone buying anything?

    bought 1000 shares GE 18.65 during this crazy morning. But shorted everything else.
  13. K

    Reversed Bid/ask??

    I am seeing Bids much higher than asks on my screens wtf?? for GE??
  14. K

    A bow to the permabears

    Property ladder, and the retards I saw qualifying for loans that were serviced by brokers with only a highschool degree clinched it for me. How could no one see this???
  15. K

    Trading playbook

    Bears today, beer tomorrow!!
  16. K

    Trading playbook

    Thursday (Bear) check. Do not forget to check off bear for friday also guys. Follow the playbook and you will make money.
  17. K

    $310,000 long on GM at $10/share

    You are going to end up short of cash and naked on the corner of broad and wall street with nothing but a barrel and suspenders.
  18. K

    My next prediction. (The Euro to fall apart)

    Loosen your tie. Maybe you got burned going long but you should relax before you get a heart attack.
  19. K

    Trading playbook

    Or 6packs of Iron City beer. Redemption calls are off the hook today. Holy crap. Everyone wants to get out.
  20. K

    Trading playbook

    Monday, checked off Tuesday, checked off Wednesday, checked off. So trade accordingly. Check off bears thursday as well.
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