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  1. K

    Covered Call on Wynn, Dividend Capture Strategy

    I got a free lunch once in wall street. It was pretty good actually.
  2. K

    500 covered call contract question.

    Well at least he is doing better that the multimillionaires who blindly handed over money to Madoff, no questions asked :)
  3. K

    House passed HC bill. What happens next?

    I suspect it will pass without the Public option. Which in my opinion it will become a super goldmine for private insurance companies. Taxpayer socialism to make private insurance companies richer.
  4. K

    Saying Obama is to blame for 10.2% is a bit too much.

    All presidents are pawns of the Bankers. Bankers are the ones pulling the string.
  5. K

    Saying Obama is to blame for 10.2% is a bit too much.

    Cap and Trade will guarantee all Industrial to get sent to China which has no such laws. Unless we can charge china Cap and Trade tariffs on imported goods, a Unilateral plan is pretty much shooting yourself in the foot and handing China even more american Jobs.
  6. K

    Saying Obama is to blame for 10.2% is a bit too much.

    I am not a big fan of what he is doing right now but Its a bit too much to blame him for 10.2% unemployment. This has been coming for a long time and the chickens are coming home to roost. Decades of hollowing out our productive capacity, and turning into a debtors nation is what got us...
  7. K

    Question about Buffett's Puts

    IF you are short put or call you need to be prepared to take delivery or deliver equity at any moment. It usually does not happen till expiration. But Put's are a special case since assignment is more likely than calls before expiration. (investor needs to exercise early long put contracts to...
  8. K

    Very nice BBC program on Warren Buffet

    Notice how modest his office is compared to the offices of all these guys busted for running ponzis or poorly investing/mismanaging client funds. His investors do well over the years. The other folks who were living large and impressing the dumb money ended up losing it. Why would...
  9. K

    Wall Street Warriors 3

    I had a gut feeling he might be gay. But in all honesty, I could give a rats ass. As long as he produces the green.
  10. K

    how do you select stock when you are doing daytrading/?

    I have been trading the same few stocks for years. I know em well, its like being married for 30 years :) I guess I am a defacto Market Maker for them including related options :)
  11. K

    Wall Street Warriors 3

    Finally got to see this show. Favorite character of the Show in my book is Brett. Kind of reminds me of my humble beginnings, working dirty jobs and moving up in life. Only if more young Americans were more like Brett instead of dumbasses listening to rap and wearing baggy pants or just being...
  12. K

    Difference Between Speculative and Hedge Accounts

    Speculative = 10:1 leverage Hedge = 100:1 leverage.
  13. K

    Margin equity percentage.

    So what is your margin equity percentage? Currently I am at 99.18%
  14. K

    Total US unemployment rate hits 17.5%

    We do not need so many people employed with increased employee productivity and advancements in automation. And child labor is real inexpensive so using chinese kids for industrial labor makes Americans non competitive. We need to cull the American population to a tune of 25million...
  15. K

    Short 150 GE call contracts (15 strike NOV)

    at 70 cents
  16. K

    Making 1%/week selling covered calls

    I figured out a simple way out of our power dilemma. Why not build a car with a Generator driving electric motors but have a belt or mechanism from the axles back to the generator. Unlimited power and since the generator powers the motors but since the motor is spinning it spins the...
  17. K

    pure tick is still around?

    Not to familiar with pure trading but from what I heard is you pay them to get some chat room. And they tell you when exactly to buy and when exactly to sell. And you make risk free profits from this special chat room. Not to familiar with them though.
  18. K

    The stockmarket is like a Manic Depressive chick.

    One day everyone hates stocks. SELL SELL SELL get rid of it. Then the next day. Everyone love stocks BUY BUY BUY. With violent moodswings during the day. Anyone notice this technical pattern?
  19. K

    Biden Spills Beans on Automaker's Full Line of New Vehicles

    Nuclear power is the most efficient way to generate electricity. They should work on developing autos with small plutonium batteries similar to the ones used in some space satellites. Imagine a car you can drive that has a power source that could last 25 years. When you turn your car in...
  20. K

    We need a new republican party. (true republican)

    Republicans are supposed to believe in limited government. This means #1 Abortion should be left legal, The government should not get involved. #2 get out of peoples bedrooms. It is not your business. #3 religion does not belong in government, So stop. #4 Stop spending so much...
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