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You really asked two questions here; with respect to the first one, it looks like a bad print. With respect to the second one, no, nobody on ET knows a damn thing.

Well said! Hear hear.

Tool!

Look, last post, you're splitting hairs here; this is a two sided position so approximately equivalent with two long calls. If you want to get really technical then add up the total position delta, WHICH YOU CAN'T because it's a THEORETICAL position! Okay? Good grief!

Delta varies with strike & time, so yes it is equivalent with two long calls, I just can't tell which ones without knowing the underlying.

Hmm, I must confess to not being able to put a nice sexy options name on it, but, synthetically your delta's are equivalent with two long call positions. Two pieces are cheaper than four, something to think about.

Totally disagree with your thesis, banks aren't lending and most people need loans to buy a home.

I have an LLC client that "flips" homes in NoRCAL; this is a tricky business at the moment and many novice flippers have been rolled over in this real estate market. To the extent possible, I've been recommending holding on to these properties for three to five years and drawing rental...

Obama "knows something", are you sure?

Thanks, I've just started to do some research into the palladium story.

Why not just post a ten million dollar gainer and be done with it?

I prefer the 16:10 over the 16:9

Dumb kids make better voters, right?:mad:

Dick Bove has been spot on. He was the first to call BAC and some of the other banks a buy when the whole world thought they were going to zero. He then called a sideways to down correction in the banks which was again spot on. I have no idea if he can make it three for three, but he has...

Check out Noble trading, http://www.nobletrading.com/ and stop asking for legitimate advice on ET. Full disclosure I don't use Noble but I'm thinking of opening an account there.

Technically it would be the clock, but as for trading, it is briefing. Check out the economic calender, earnings reports and analysts upgrades downgrades.

Yes. JC is the biggest Donkey on the street

Anybody know of a good IB alternative. You've got a finger, use it. As in the telephone.

Many condo's and townhomes are not getting FHA approval in this market. This is important because 70% of closings are FHA in my market (northern California). Additionally, the banks are sitting on a lot of foreclosures that have to yet come to market. This is an attempt to artificially...

LOL. Cheap skate