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Well you can google dogs of the dow and go right to a dogs of the dow website that probably has everything laid out with historical data. It is also pretty easy to just look at the 30 stocks that make up the dow and see which ones have the poorest return for the year and buy the 10 worse. Same...

"Its not that McMillan is wrong its just that there is no incentive for anyone to exercise the option early unless there is a dividend play. The option will NOT trade below parity." Are you only talking about calls? I've had short puts exercised against me with months left on them.

Similiar to the Dogs of the Dow theory of investing. Some of those worse performing stocks like Kodak did great the next year, but look where it is now. I don't know if buying the worse of a broad based index like the S&P 500 is such a good idea, but I think I'll look at the data.

On to a different subject now- One of my favorite cartoons I saw showed a broker at a marina proudly displaying his yacht to a potential client and then pointing to the other yachts in the marina the brokers in his firm owned. When the mark asked him to point out the yachts his clients owned...

You know Alex, for the past 40 years my main activity has been studying martial arts. I even went to China for a few years to study because I figured the skill level would be very high there. It was and over time I’ve found that the higher up the food chain you went in skill level, the less...

"Got a quick question for that newbie byobscalper. Would love to answer the tons of simple questions from uneducated individuals. Unfortunately, got to get ready for the trading week. Got to get my aircraft in for its first annual inspection." Now come on Alex, don't you think you...

"could have easily been the other way around...the only difference is that you would have let go of the winner by now..." True and could have then bought COP almost for free with my profits from RIG. I'm not whining, just pointing out that all the reasons The Street analysts had for why the...

"That is great to hear. Everyone in Alaska has a new $600,000 airplane: Then we are all in great company. What kind do you own? Give me the tail number so I can check it out in the FAA database. Here in poor PA most people are pretty happy with a relatively new car worth about $45,000...

"If this is a long term investment made in January, why do you give a shit where the price is now? Being down $3/share after 5 months on a long term play is nothing to worry about." Well I'm not down as I hedged with short calls and have a BE in the high $30. But being up $35 on Rig would...

"I used to feel like I had to make trades often or I was being lazy... that lost me lots of $$$ Now on a flat day I am fine making no trade at all. -------------------------------------------------------------------------------- Totally agree -- the fewer trades I make, the more...

As much as I hate to admit this, even though I had traded both, I was having trouble deciding whether to long term invest in RIG or COP in Jan and let 'The Street" influence my decision to buy the integrated instead of the driller. Bought COP at $49 currently at $46. Rig was about the same...

Well for what it's worth S&P trader on YOUTUBE has 942-947.50 as the range here for support and resistance. Let's see how we bounce around today and if it breaks to either side.

"Who needs friends or new customers when you have an AIRPLANE" Funny, where I live in Alaska almost every one of my friends have owned an airplane at one time or another, kind of like having a car, nothing to talk about. Of course, if he has a used F15 he's flying around, I'd like a ride.

"Your mother is stupid and what she did at the dinner table with strangers is not something I care about either. If you would like I can talk about my beemer you asshole. And that too was paid for in cash you jagoff. You seem pretty angry about my success you punk mouthed scumbag. If you...

This reminds of me when I traded NWA after the declared bankruptcy. I was short $5 calls, long stock and short $2.50 puts. Somehow I lucked into the stock dropping to 30 cents and the calls expiring worthless, it then ran up to $7 and the puts expired worthless and I sold the stock I had bought...

I think etf's are a good way to invest, as a matter of fact I think SPY and DIA are becnch marks that you have to measure the returns of your portfolio against. In this particular case, I think many of us just didn't realize USO was a K1 partnership and are unfamiliar with the tax laws regading...

Maybe not. I was just informed that uso is a k-1 partnership that distriputes gains and loses at year end. In looking at the tax laws governing k-1 partnerships, if every shareholder is considered a partner for the period thay hold shares, I could see where something like this could happen. I...

I own some USO and came across this post that is supposedly off the Stansberry & Associate Reseach newsletter: "I purchased 500 shares of USO last year and held it for less than 2 weeks. I made a little over $2,000. In March this year I was informed in a K-10, I think it was, that I was also...

"I feals very stretched, but I remember in 2003 I felt this way and the damm thing kept rising. bearish patterns, divergences blown to pieces." Well if this has any correlation to 2003- big runup started the day after Memorial Day holiday, ran straight up for 10 days, started pulling back and...

"If he does trade, his broker probably restricted his account to spreads due to his reckless naked put strategy over the last 2 years." Well I'll open a can of worms here that has already been beat to death in other posts, but selling naked puts is actually a good strategy if you have the...