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  1. K

    S E R I O U S Tea party discussion, Republican implosion.

    This is for a serious discussion only. Looks like 8 years of a BIG! government and BIG spending republican party has pretty much left the GOP in turmoil. The Republican party used to represent SMALL government and cutting spending. What happened to Paygo? Bush pushed through Medicare plan...
  2. K

    Man Who Burned Qur'an Pages Loses Job

    How come Obama is not stepping up and not defending his freedom of speech and expression?
  3. K

    Hey what if this guy just shows up to see your kid.

    hehe, Dude trying to hook up with kids by reading emails and trying to befriend them. The guy is a Google Engineer. http://gawker.com/5637234/ In an incident this spring involving a 15-year-old boy who he'd befriended, Barksdale tapped into call logs from Google Voice, Google's...
  4. K

    Key House Democrat: Japan forex move 'deeply disturbing development'

    We can do the same, print a shit load of dollars fighting fire with fire.
  5. K

    Need a option broker rec, other than IB.

    Why wont they let you trade options?
  6. K

    I blame this mess on the Hippies.

    I saw this documentary about woodstock and the hippies of the 60s and I saw tons and tons of Baby boomers rolling in the mud naked like pigs in the trough. I was thinking, just imagine the types of drugs they must have done to roll around in mud tainted with fecal matter,urine,semen and...
  7. K

    ITM time premium and assignment risk?

    The only problem with that of course is the stock goes down further. :)
  8. K

    Irrational Exuberance. Time to cash in your chips folks

    TIMBER!!!!!! Traders coming back from lunch with a few drinks in the belly waking up from the morning stupor now selling as fast as possible to get out and cash in before the other guy does it first. It is a race to the finish from now till closing. The musical stops at 4:00 and no one wants...
  9. K

    Irrational Exuberance. Time to cash in your chips folks

    Man talk about IV collapse and rally, I closed out my short put positions. I did not expect to close out till next month but the profits (Bird in hand) vs Risk (Two in the bush) made cashing in a no brainer. Anyhow gonna wait now and jump back in once the folks get scared again and hate...
  10. K

    Natenburg's jelly rolls & boxes

    I had to cut down on Jelly Rolls.
  11. K

    Best Buy Q2 EPS 60c vs 37 c

    CNBC was extremely bearish last week recommending shorting BBY LOL!
  12. K

    Cisco To Announce Dividend Payments Starting In 2011!!!!!!!!!!!

    I guess the CEO is tired of the complaints, especially since Cisco is no longer a growth stock. But its a paltry dividend of 1% probably 2011
  13. K

    Cnbc Log

    CNBC was VERY bearish on BBY, and recommending shorting BBY. Guess whats going on with BBY today.
  14. K

    Cnbc Log

    6 Bullish articles today. 9/13/2010 And a Warren buffet BIG bull article front page. Nothing else new. Notice that last friday all articles wear bearish. Lets see how tuesday goes.
  15. K

    In the Money covered call + premium

    What happens if the stock goes due to some lawsuit and the stock is only worth 1 dollar. the covered call does not protect you from that.
  16. K

    In the Money covered call + premium

    people should stick to SPY and/or IWM when deciding to short options. Single stock is TOO risky for a beginner who still needs basic options math training :)
  17. K

    In the Money covered call + premium

    Incorrect. you sold a call with intrinsic premium so your profit would be 2 not 8.5 The call you sold means the buyer has the right to take your stock away from you at 6 dollars a share regardless if it is even only trading for 6.10 dollars a share. They deposit 6 dollar x 800 shares =...
  18. K

    ITM time premium and assignment risk?

    nope but its a covered call so why would you care it just means you get your expected total profit now rather than later. Early assignment would be a bonus actually, FREE money in your pocket.
  19. K

    Higher Education Bubble?

    Without Government intervention those 100K degrees would be 30K degrees. But anytime the Government gets in the business of credit expansion, you know the rest.
  20. K

    house traders catching a falling knife

    I wonder how many fools are going long housing thinking it is a great deal being fooled by the media pundits into borrowing to buy a still overpriced home only to end up house poor. Check out this example chart of someone getting burned catching a falling knife. That tax credit of 8K means...
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