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well, I applied for and got a 0% visa card 3 months ago, in addition to 3 other cards i have. i also had another card's limit raised without asking for it. i recently bought a ferrari and was told i could have easily qualified for a 50,000 loan and possibly up to 100,000, but the rate was high...

this is nothing if you've been in the market for 10+ years, but there are so many kids daytrading with their salary from summer-internships who have never seen a 5% down day like today. a lot of people are suffering and i'm secretly enjoying it. i love it when hotshots get a taste of humble pie.

A Czechoslovakian man felt his eyesight was growing worse and felt it was time to go see an optometrist. The doctor started with some simple testing, and showed him a standard eye chart with letters of diminishing size: CRKBNWXSKZY. . . 'Can you read this?' the doctor asked. 'Read...

both spx and vix are up now as we speak. spx up 0.4% and vix up 3.7%. i've seen this happen many times. their relationship isn't as consistent as you claim.

buying a home for $325k that used to cost $475k, is like buying wm for $5 when it used to be $30. does it mean it's a bargain? there are places where you can still get a good investment. look for cash flow first and foremost. many of the places that dropped 35%+ are still not a good...

the same people who whine about how jobs are being lost to developing countries are the same hypocrites who'd gladly pay $19 for a toaster oven made in china, a $150 lcd monitor made in korea, or a $14 shirt made in philippines instead of a $39 shirt made in the usa.

now, are they "sexy" according to the et scale? bear in mind that as you get older, the ole eyes tend to deceive.

for 2008, calif's total tax burden ranks it #6. nj is #1. http://www.taxfoundation.org/news/show/335.html you can move to alaska, they're lowest.

time for an english lesson. deter(v): "To prevent or discourage from acting as by means of fear" while i have no problem with the death penalty or even torture, i believe they offer zero deterrence. people who commit crimes eligible for capital punishment don't think they'll get caught...

obama is 47 with a $1.3mm networth, biden is 65 with a $350k networth. wtf? these two are financial losers. how the f*** do you have that small a networth when you're in your 60s especially when you've been earning 6-figure income for all those years. obama should be worth 5 times that...

gault averaged 30 catches per season in his career. hardly impressive. i'd take my chances with a college receiver over a sprinter who has never touched a football. there's a lot more to football than running in a straight line for 9.7 seconds

the market clearly has a directional bias, that's why puts are considerably more expensive than calls. the bias is built into the pricing. by choosing calls over puts he is in effect implying the market bias is wrong and that the call side is overpriced.

spx 1150 puts require $11500 margin if you have reg-t, and about 2000 if you have portfolio margin, assuming no other positions. you'd need about $750k to safely hold that position.

the risk is priced into the option. due to the downward bias, puts are more expensive now so you'll be rewarded more handsomely. there is no less risk writing an 8% otm spx call than writing a 13% otm put. they have the same premium. you are suggesting that there is an inefficiency in...

that bean pole would last a season before he gets clocked silly. track stars don't do well in the nfl. once they put on beef and nfl gear, they become pedestrian. not to mention that change of direction is more important than straight-line speed. plus he has *zero* football experience...

as long as the margin req is less than the cost of the option, they are adhering to span and that's what i'd expect.

if you want to make a decent return by selling premium, you have to be leveraged. the return from selling cash secured options is so miniscule, it's the leverage that makes it profitable.

so now you're changing your strategy? before, you said to sell puts 50 points otm. why are you selling 150 pts otm?

ok smartass, why don't you implement this strategy and let us know how it turns out. start a journal please. you'll have a bite of humble pie within 3 months.

who cares? hold em is a retarded game based mostly on luck. i've seen total newbies with 15 minutes of lifetime experience beat experienced people, not once but multiple times. let's see a total newb beat an experienced tennis, golf, chess, pool or basketball player?