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  1. K

    Excercising = Buying/Selling shares?

    I would rather pick up the phone :) I guess I am old fashioned. I do not have such a button though but I think the safest thing is to call and give your explicit instructions.
  2. K

    Why did the US send so much work overseas?

    So you are saying Americans can achieve home ownership, family car and TV set, food on the table 3 kids and capacity to afford health care with just one person working and the other staying home? Today?
  3. K

    Why did the US send so much work overseas?

    So why does it take two working parents to live a middle class when one working parent could do?
  4. K

    CAT options

    Did you look at the greeks before you went long those puts?
  5. K

    Why is Ballmer still the CEO of Microsoft.

    He decimated shareholder equity during his term. He seems intent on making a mockery of his own company. The new Zune product is garbage (takes 6-30 seconds to load apps and you are forced to watch advertizements) Xbox360 is still not generating positive profits to offset the huge losses.
  6. K

    HYPERINFLATION RALLY. The dollar is $HIT

    Yes the price of bread will be 10 dollars but the stock price of the bread seller will go up along the way. 1000 dollars in cash that could buy 1000 loaves of bread today will only buy 100 loaves tomorrow 1000 dollar in the bread company today will be worth 10,000 dollars or more tomorrow...
  7. K

    HYPERINFLATION RALLY. The dollar is $HIT

    Inflation will hit just as the market collapse did. It will be things going along and BOOM! a rapid spiraling upward inflation out of now where. Just as fast as the property bubble came and went. Anyone sitting on cash will watch its purchasing power evaporate over the course of one or two...
  8. K

    HYPERINFLATION RALLY. The dollar is $HIT

    I am now KINGOFLONGS
  9. K

    HYPERINFLATION RALLY. The dollar is $HIT

    What you are seeing is the making of a huge hyperinflation equity run. The dollar will implode and equity will skyrocket Zimbabwe style. Why go long bonds and treasuries only to see your purchasing power dissapear. High quality dividend stocks owners will do well during the next...
  10. K

    General Electric MOTHER of all shortsqueezes?

    Lots of covering I bought 25,000 shares of GE at 14.78 for delivery on a 15/16 call credit spread. I closed out the 16 long side too early for 7 cents !! I bet a lot of traders are doing the same buying up all the GE they can to meet obligations. I did not expect GE to jump so fast...
  11. K

    General Electric MOTHER of all shortsqueezes?

    Wow who would have though. This is a crazy upshot with volume. charts look like a harpsichord.
  12. K

    Why does the market now like Obama?

    Glad I added a shitload of GE (6-7's)to my non trading longterm portfolio. I figure if FOX hates GE that means something.
  13. K

    I sold a big call credit spread.

    Shit!!!!!! I sold those 16 long calls too soon. I did not expect it to jump this fast over 16 Whoever bought those 7 cent 16 calls is fucking making a fortune today :) Oh well. If things stay as is I will make a bigger profit than expected when I end up delivering GE at the 15 strike...
  14. K

    Early assignment on the short leg of a spread?

    Before you even start a position you need to have all contingencies planned in advanced. If you aint got the capacity to buy and be prepared to deliver shares or close out a position at a loss you should not take it.
  15. K

    Why pro Medicare anti healthcare

    Would be nice to hear from some of the extreme conservatives.
  16. K

    Why pro Medicare anti healthcare

    If Republicans are against socialized healthcare, why not abolish Medicare? Medicare is a big chunk of deficit as well. Cutting Medicare out and letting Seniors find healthcare in the private market. Medicare is a big part of our deficit. Cutting it means less taxes.
  17. K

    GE insider trading?

    Interesting GELI sticks out like a sore thumb. Volume 63717 for today. everything else for DEC shows little volume in comparison to the GELI symbol. I do not see evidence of a credit spread. This was a straight out call option trade. GELI is the highest GE volume option it seems on...
  18. K

    Why did the US send so much work overseas?

    White collar jobs are also being outsourced. You seem to be forgetting this. Initially the first phase started with the low wage stuff but more technical type blue collar jobs are being outsourced and now white collar jobs are also being outsourced to india etc.. A strong nation needs a...
  19. K

    Why did the US send so much work overseas?

    What happened is a bunch of guys sat around the big table. and the conversation went like this. How can I make billions more a year than I do today? Well lets go to china and some third world countries and see if we can get them on board. On board with what? We send our factories...
  20. K

    I sold a big call credit spread.

    Yeah it went up faster than expected so I bought the underlying to cover delivery on assignment. at this point and sold to close out the 16 calls for 7 cents. I bought quite a bit of GE at 14.78 today :) Basically I am holding a big ass covered call position. Everyone is upgrading left and...
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