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    Robert "Jabba the Hut" Toll interview

    All I know is that there is another phenomena going on in the Real Estate market that needs to work its way out before home builders can really run again. That is, there is a ton of recently build inventory (1-3 year old property) that speculators are still holding unsold and oftentimes unrented...
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    Let's Play B*A*R*R*O*N*S!

    Chuckle, I am actually very much in the doctor's camp on the intrusion of the bureaucrats into their domain. I have some very talented and personally close medical doctor & surgeons who I socially hang out with and I get the whole story all the time. Frankly, with all the extortionists legal...
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    Let's Play B*A*R*R*O*N*S!

    Thanks Stoney - I like Cholestech Corporation but their technology looks too good. I mean, they are going to make it too efficient for doctors to double dip on office visits and follow ups and the whole process overhead game that all the medical community play. The efficacy and efficiency of...
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    Let's Play B*A*R*R*O*N*S!

    OK Stoney you got my attention now. Any more recs? I have a little speculative cash to play with :D TS
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    The Strange Case Of Acitividentity...

    Would the offending sentence be: "We are encouraged by the positive trends in the business and expect these trends to continue into our next fiscal year" ? Or perhaps the statement about deferring revenues till the next tax year? If I knew nothing else of the stock (and I don't) I would...
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    SPX Credit Spread Trader

    I agree. I was tempted to put on some more Dec 1440/1450 SPX Call Credit spreads on the little run up around 11:30-12:00 since credits improved and VIX came up a bit. But remaining time is too discounted now and its just "not worth it" except to those putting on hedges. Its probably better...
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    SPX Credit Spread Trader

    Thanks Mark - for record I think you meant "Being 'confident' does not make the market go your way. Given your impressive seniority in options trading and long term market survival I'd like to tap into your experience with another question if you don't mind. With the proliferation of...
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    SPX Credit Spread Trader

    I think, you are on to something here yip. I think there is a "windowing effect" in the options calendar period itself that is clipping and forcing a rationalization of the market as calendar ticks toward expiration. Now - how to profit by this or avoid losses if true?. At least with SPX as a...
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    SPX Credit Spread Trader

    My recollection is probably worse than yours but I seem to recall that the notions of "variance", "mean", "skew" and "kurtosis" are not really defined under Cauchy distributions. These distributions are instead characterized and located with a location & scale parameter. Given this...
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    SPX Credit Spread Trader

    Thanks - I was hoping someone would pick up on the subtlety. Bravo, TS
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    SPX Credit Spread Trader

    This "resonates" well with this journal's principal theme. Personally I don't buy into the well behaved statistical theory implied with all these statistical characterizations. I think the statistical distribution "chooses" to be what it is based on its underlying population character. And that...
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    SPX Credit Spread Trader

    This is the very graph that I think is going to be having the most influence on SPX over the next 6 months. Some predict that FED has no choice now but to lower interest rates since we are under the 50 level and they have a high statistical likelihood of stepping in with stimulus again. With...
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    SPX Credit Spread Trader

    Sounds like good words of wisdom. I find that sometimes "keeping costs low" means not entering a position at all till the premium improves or it means resisting closing out a position too early just to be "ultra safe". I'll personally take a wee bit of risk on a winning position now and then...
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    Greenspan debunked the gold standard?

    Actually these are fun thoughts but I grow very suspicious that all the incompetence, corruption and back biting going on in our congress, senate and government et-al is precise evidence of attempts to influence public opinion by systemic policy via a mechanism of negative feedback. Whew, that...
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    Greenspan debunked the gold standard?

    Do you suppose all the notorious bank robbers of the era were evidence of an organized attempt to scare people into believing that thieves were rampant all over the country and money hidden at home under the mattress or in sugar bowls was safer in a fractional reserve banking system where it...
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    SPX Credit Spread Trader

    Uglyboy - interesting. But I missed the article attachment. Can you post it? TS
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    SPX Credit Spread Trader

    Just sharing a moment of joy Mark. It's not boasting - we win some and lose some. Censor elsewhere. TS
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    SPX Credit Spread Trader

    I'll take the admission of read as a compliment. I suppose the normal and modest convention is to say "thank-you". But me thinks the truth is you are just yet another dopple manifestation of the very same rascal who regularly attempts to elevate his own relevance all over ET through incompetent...
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    SPX Credit Spread Trader

    Let me guess - yet another dopple for just another spiteful "grinch"? BTW: I am now 100% out and ahead with a net over 25% on this transient position and will go back in on the next low. Money is going to be rushing in Monday or are you a technical analysts who is predicting a mad rush to...
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    SPX Credit Spread Trader

    woohoo! I just bet part of the proverbial farm on the strength of Santa's reindeers against the massive SPX bear drop bushwhack today and won (whew...). Bought a bunch of SPX OOM 1395 Calls near the bottom at 1390 and punched out of half in less than 45 minutes for a huge gain near SPX 1400...
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