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I dunno. The stock has gotten cheap, post Fukushima. Historical volatility is about 57% and ATM IV is at 180%. Maybe somebody thinks it's going to be acquired.

Every state in the union is now full of Mexicans, or soon will be. I've noted that "diversity" consists of more and more and more of exactly the same kind of people.

It's eluding me too. I think most people have to concentrate on the other question: Can you lose too much from trading?

No doubt there is some truth to that. I'll bet Dodd and Frank got big donations from the exchanges, but not much money from Oanda and the other forex shops. Hey, Oanda, you have to learn how the game is played here in the U. S. of A.! We have the best politicians money can buy.

It's actually a good idea. It's foolish for the government to have tax policies that encourage people to go into debt. But like any good policy there is a lot of short term pain so it will never happen. That is why we only get bad policies -- bad policies feel good in the short term.

We already have plenty of racism. Directed against whites.

There are more and more cities, counties, and entire states X where one might say, "Why would anyone live in X? Get the fuck out.." We've reached the point where people are running out of places to run away to.

If you actually have a trading system that reliably generates 20% a month both would be equally reasonable. I can't imagine any trading system where $100,000 of capital would cause liquidity problems.

Trading is not a science job. On the quant side there is some interesting mathematics, but most of the traders here aren't quants. (The quants post at http://www.wilmott.com. and http://www.nuclearphynance.com.) Nobody here is going to discover new facts about the natural world, or prove an...

You don't <i>have</i> to be good in trading the underlying to be a good options trader but it sure helps. After all, nearly every option trade a retail trader does has a directional component. The only pure volatility trades are when a position is fully delta hedged, and market makers are...

If you want to raise your children to be moochers on you right up into their 30s and 40s go right ahead. That's not how I'd raise my children. Of course if I invested $2 million in the manner described and lived off the interest and dividends then when I died my children would inherit the full...

Nobody who isn't a government employee gets a defined benefit retirement plan anymore. They are gone from private industry. Gone. People now in their mid fifties are in the last tranche of private sector workers with a defined benefit retirement plan. The people who follow them don't have one.

I assume that a person with $2 million in savings is going to put it in a combination of corporate bonds, BDCs, income trusts and the like. An overall yield of 5% (100,000 pre-tax) should be possible, without touching the principal. I never expected my 65 year old parents to give me a dime...

Just because intradaybill makes trades that last longer than a day doesn't mean he is making an "investment". Hell, a buying or selling futures or options is pretty much trading by definition. Investors buy stocks or real estate. Investments don't have expiration dates.

Ron Paul agrees with the left on the need to end both the drug war and the actual wars. But unlike the left, he believes in limited, constitutional government and cutting spending.

Because it can. Trading gold in an OTC leveraged forex account is no more dangerous than trading the Brazilian real in such an account, but the pinheads in government make these arbitrary distinctions because they always feel they must *do* something, anything, to justify their existence...

Do <i>you</i> have a track record spanning at least two years in which you have made 1% per trading day? I'd love to see the brokerage statements (you should have about 140 times as much capital as you started with). Are there <i>some</i> traders who can do that? Yes. But they are very, very...

And every year, as the value of the dollar declines, the equating of "millionaire" with "rich" becomes more and more meaningless. I'd say the minimum amount for a modest retirement is about $2 million dollars. This is for a middle class retirement, not living the life of the rich.

Anytime the market gets scared it jumps into the "safety" of U.S. treasury bonds. So the dollar goes up and everything else goes down. As for gold, it has had a big run up this year so a correction is not surprising. Long term I'm confident that gold will still go up, as our politicians are...

+1 If you want to trade options stick to standard options on major stocks, ETFs, and indexes where competition among market makers keeps the bid/ask spreads tolerable (preferably option chains with penny pricing). You have enough going against you without having to fight killer spreads.