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You mean you get a tax break over the 250/500k if you buy another house?

What tax hit?

What stock are you talking about?

(AP) November 20, 2006 WASHINGTON -- Congress today announced that the Office of President of the will be outsourced to India as of January 1, 2007. The move is being made in order to save the President's $500,000 yearly salary, and also a record $521 trillion in deficit expenditures and...

I ALMOST bought some way OTM puts on OEX a day or two before the 1987 crash. I was thinking of buying the first ones for 1/16 down the list. I could have made 100's of times profit (don't recall exactly, but I think they were listed in the 30's or 40's). My broker talked me out of it since "the...

Good point. I was thinking along the same lines earlier.

Butterbean?

Yeah, and I'm really more like central CA, east of Sacramento. Damn Californians.

I agree, why change it now? Is it true that that is the exact spot where the white men paid $24 in beads for the site that became NYC? Maybe the Indians can claim it back and turn it into an Indian Casino.

Do you think Cramer will ever come out and say "We are screwed! Sell everything now."?

We've already go a nice little cold snap going here in northern California, most likely the rest of the northwest too.

This analysis never quite felt right to me. I think I finally figured it out. You still get to keep the $80 per year, you don't have to somehow give back $38. So you really do make 11.9%. But by "losing" 5.3% you should really be adding it to the amount you made. I'm not stating this clearly...

What did you mean by "take responsibility"? We go over there and totally fuck up their whole country. We created a vacuum and every slimeball terrorist in the vicinity moved in, and now you want them to take responsibility. I think the only system that could possibly work there is exactly...

I'm sure in their minds they are. It just doesn't happen to agree with your agenda.

This is drifting off topic a bit, but are there any brokers who pay interest on cash received from shorting a stock? I was short 100 shares of GOOG last month and when the end of the month came around I didn't see any interest deposited for the $40+K. It turns out that they don't pay. I guess...

How do you get that? Here is the way I figure it. His cost for the stock is 15.50 - 8.80 = 6.70. Assuming the call is assigned he will sell the stock for 7.50. So his profit will be .80 on a cost of 6.70, or 11.9%. I'm trying to see what PowerOpt calculates, but I'm getting database error...

Late onset Teen Angst. No really. That's how I felt when I was 18.

I read a thread somewhere (probably here) about someone who had a short put in hist IRA. He thought it was going to expire OTM, but it was assigned anyway. Then some bad news came out over the weekend and the stock dropped. He didn't have enough other securities in his account to settle the long...

What happens in an IRA account if you are about to be assigned on a position that will result in being short stock? I'm assuming the broker will automatically close out the spread at expiration if you don't do it.

TOS allows defined risk short positions.