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    US buildup in Persian Gulf

    But Iranians have always acted like they are above everyone and anything else. It's well beyond simple confidence building – it’s an ingrained philosophical and mental dysfunction that can not be reasoned or negotiated with. It’s customary and polite to try once or twice to appeal to...
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    SPX Credit Spread Trader

    Mark, do you know what the current trading standards are for the minimum number of contracts that are guaranteed to transact at the current ask price? Is it 10 or 20 for SPX? I am having a hell of a time stepping into Feb positions and had to drop my order sizes down and do it 10 or so...
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    RealEstate - THIS WILL BLOW YOUR MIND

    You are dead on correct. There are at least 20% renting below carrying costs to give themselves more time for the market to reverse. There are at least 15% off the market quietly waiting for improvements to reenter. There are developers sitting on their butts unable to build on purchased land...
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    SPX Credit Spread Trader

    January was a pretty good month for my SPX trading. I had to swing into some runs up and down to get good premium but it paid off. I only regret not putting in larger orders and not being able to go back and get more after the fills due to fast moving markets. RUT data I already posted and that...
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    Housing Rolling Along 2

    I would not pay too much attention to the tax liens. These days Developers and some of the wealthy use tax liens as a normal business practise to get essentially a free no-qualifying loan and the lowest possible competitive interest rate from greedy investors who think they are going to get the...
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    SPX Credit Spread Trader

    Good Luck to you - whatever you decide. I am having a heck of a time getting any fills for SPX Feb PUTS since VIX is just sucky low and I am not going to put my self at risk at these ridiculous premium levels. The only alternative is to go closer to the money and I don't see any good support...
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    Bernanke has warned....

    Nor apparently is there a correlation with quality and eloquent critiques. Hypocritical or just making low value added noise here? TS
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    Bernanke has warned....

    Let's try to keep this non-political shall we? We have a huge problem that has been going on for decades - its not a recent problem. I think Reagan was even talking about the growth of entitlements in his day and warning that it was enevetible that pensions/medicare/social security would become...
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    Bernanke has warned....

    Bush has been warning about this since the start of his election and was ignored on both sides of the political isle to his own political loss. No one wants to address the entitlements problem because so much of our economy that produced those entitlements came from government jobs and...
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    What is up with ethanol

    I doubt it. It's down over 6% today already. I think this is typical micro cap trading noise on thin volume. TS
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    RealEstate - THIS WILL BLOW YOUR MIND

    Do what I do when visiting S. FL. Get your concealed weapon permit and carry a concealable handgun; and use high energy over pressure hollow-point ammunition to compensate for the smaller caliber necessary for the smaller concealed. Its especially good to have when you make that wrong turn down...
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    Indices hold ground after PPI data

    All I know is that I was uncomfortable holding short SPX ETF CALLS 15 points above the morning S&P500 levels so I closed them. It is VERY easy to get 1% to 1.5% upswing in option expiration week and that means mostly by 4 PM tomorrow through mid day on Friday. With VIX/volatility being so low it...
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    Housing Rolling Along 2

    I blame Sherman & incompetent Yankee project management for this. Sherman was suppose to burn ALL of Atlanta to the ground. Clearly he missed a few sections of town... :D TS
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    The Dirty Truth About Sirius - Current Users Deactivating at 2x The Rate of New Users

    pffft. I really don't need personal advice from some clueless about law or who makes kiddie deductions like this. Indeed YOU get a life if you think Sirius or Stern needs to recruit amateur apologetics. I said nothing specifically slanderous and nothing untrue and am entitled to my...
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    SPX Credit Spread Trader

    Hmm, I don't want to speak for Yip but I see some pragmatic issues in implementing this advice Mark. To the downside zero is a nice well defined number to assess the worst case floor risk. But to the upside the sky is the limit. So that makes it rather difficult to assess "how much is...
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    s&p just made intermediate term top @ 1431.8

    Getting to be too much spam on this thread in new posts. Also, every time I get a new email alert and take the link it crashes my browser. Something buggy in here. So unsubscribing. Have fun boys & girls, TS
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    Housing Rolling Along 2

    See this for what it is. Essentially, children living with parents or in-laws is a social phenomena that is pragmatically an early advance on their inheritance. There is a huge huge amount of wealth that is going to be liquidated and re injected into the economy as soon as the older generation...
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    Housing Rolling Along 2

    Sorry Lasner - $50 a barrel oil is very cheap relative to what the costs, risks to production and demand is at this moment. I am hoping against all hope that the US is filling our strategic oil reserves right now as fast as they can at these low prices. I agree that Oil is going to be increasing...
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    Sirius in Serious Financial Trouble

    Because they think the price bottom has been reached and are in a speculative play. Why did people still invest in Enron up to the very end? Answer, they were fools and believed the marketing hype, broker's advice, newsletters and the books. There is also the old adage "There is a sucker born...
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    s&p just made intermediate term top @ 1431.8

    I guess I am joining the maggot pile too. You my friend are clueless. This is one of the hottest bull runs ever. Put your money where your mouth is and short the SPX and show us your trading log to prove it. I had to close out a SPX credit spread option I was short on since it was 15 points TOO...
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