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  1. K

    options w/ higher deep-out-of-the-money premium

    High premium = High risk. No such thing as a free lunch.
  2. K

    Maybe it is time to re visit Eugenics.

    Most of our expenses in this country is trying to educate and care for imbeciles (retards,downs kids,etc..) Then you have families where drug abuse,crime runs in the family. Blacks having 10 kids etc.. on welfare Sick people with terminal diseases etc.. Why not sterilize them so they...
  3. K

    What a boring trading day

    Just sell calls for now. I will selling more calls on my 1000 shares of SPY. next monday.
  4. K

    dead cat bounce

    No bounce today folks. Still holding 1000 shares of SPY. Bounce might occur on next friday.
  5. K

    What if consumers do not want to borrow anymore?

    Fear of unemployment, unexpected expenses etc.. What else.
  6. K

    What if consumers do not want to borrow anymore?

    And they decide to save instead and not overextend themselves? What if we reach the same levels as 1970's in terms of consumer borrowing levels and savings. Right now consumers are working towards shrinking the home balance sheet and building up some cash reserves. 70% of our GDP was...
  7. K

    Whether an options writer or buyer has better edge? Why?

    Funny thing is I sold a bunch of puts hoping they would go in the money and I get assigned stock. But instead things went up. And on another note. If you are selling puts because you want to collect premium and not own stock at or below the strike price you really should hedge buy doing a spread.
  8. K

    Businessweek: The U.S. Can Learn A Lot from France's Superior Health Care System

    Because they do not live like Americans who will live up to the neck in debt to show off thier McMansion and SUV as some kind of prize. So they live stressed out lives trying to build totems and eat poorly because no bothers so they go and eat supersized Mcdonalds,fastfood. People walk more...
  9. K

    You know Republicans really F**CKED UP WHEN

    A black man named with a muslim sounding name called Obama wins by a landslide.
  10. K

    Businessweek: The U.S. Can Learn A Lot from France's Superior Health Care System

    How much out of someones paycheck goes to taxes etc..? Vat in france is 19.6% (19.6% sales tax) Plus 30% Tax if you make between 24K-66K euros So if you had a job that paid 42,000 US dollars you would pay 30% of that to taxes or 12,600 dollars leaving you with 29,400 dollars...
  11. K

    DEMO Trading 'Uncovered"...the 'fleecing' of a 'wanna be' trader?

    retail FOREX is a scam. I bet everyone wins big on the demo account and when they pony up the real cash. It disappears quick. No individual trader has any business opening up a Forex account.
  12. K

    Anyone having issues with NYSE orders

    Not sure whats up, my friends at GS are not having issues but it seems we are having issues out here and some of the other guys.
  13. K

    Covered call vs. short put?

    Both. When I am interested in paying for a stock but only at a specific price and don't mind collecting some premium while I wait. When I am long a stock and I want to sell at a specific price but don't mind collecting some premium while I wait.
  14. K

    Why do people get mad with the Puretick folks?

    It seems everyone gets mad when anything about Puretick is posted. I am not familiar with the business, Only from what I get is they advertise some kind of system where you just sit in front of the computer and press buy when some guy tells you to and then press sell when some guy tells you.
  15. K

    FYI: I am going long CROX on WED

    Gonna take a good look at going long puts on CROX. I think that stock will collapse to the 2's
  16. K

    Why not just print money without borrowing?

    The problem is TARP and all the other money that the US borrowed to hand to the banks went into vaults and to bonuses to a select section of the population. The problem is Money is not circulating, notice how much of an effect a measly 1 billion had on the economy when it was handed directly...
  17. K

    old GM over a buck again

    The Rumor is Goldman Sachs is buying the stock so they can take the old GM private and then when the government starts the new GM IPO they will give the Motor Liqudation stock holders the ability to do a 1 for 10 swap. What then happens is GS becomes the whole owner of the new GM and the...
  18. K

    Why not just print money without borrowing?

    Greenbacks. The US Government itself was able to print currency in the past. Todays dollar is called a Federal Reserve Note. This means that paper represents a debt to the Private banking industry. Greenbacks disappeared as FRNs replaced them. So The Government used to print its own...
  19. K

    Judge Defers on BofA-SEC Ruling :"I need to know more"

    He need to tread carefully or some accident could occur or medical condition. Big bankers have more money and can afford to snuff out the troublemakers.
  20. K

    Cash for Clunkers May Cost Up to $45,354 Per Vehicle

    How much is TARP costing. There does not seem to be much on that.
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