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  1. K

    Prop firms-what questions to ask?

    Any firm that requires a lockup is iffy and is not as well capitalized. Stick to the basics, Firms that require Series 7 and have a seat a the exchange.
  2. K

    Firms in South Florida?

    It means you did not pass muster with em.
  3. K

    School Keeps Parent In Dark As It Sends Her Daughter Off For An Abortion

    The less unwanted children, the less people filling up our prisons system.
  4. K

    New health-care law will destroy US economy?

    taxpayers were subsidizing out of their pockets private companies. How come the teabaggers were not up in arms about this or the republicans?
  5. K

    Suckie!!

    Taking profits is never a problem. As long as you are taking in profits, even if you leave money on the table things are fine. It is when you try to overstay your welcome and you get clobbered. Since risk increases rapidly as the options get closer to expiration.
  6. K

    Options as a lottery ticket

    yeah, 2 dollars a contract (2 pennies per share) The calls finally closed at closed at 55 cents a share (55 dollars per contract)
  7. K

    Options as a lottery ticket

    Well those March 17.5 strike GE calls that were selling for 2 pennies ended up to be lotto tickets for someone a few days later :)
  8. K

    Basic question about sell to cover

    SELL TO OPEN = means you are selling short the option and creating a new opening transaction. (This is the one you are thinking of when you were concerned about delivering securities) SELL TO CLOSE = is the one you want to do if you want to sell your long option position and realize your...
  9. K

    North Korea Vows nuclear strikes, Battle ship sunk.

    Actually they are, that is what makes them real dangerous. Look at Hitler, guy was crazy and even invaded the soviet union. The Crazies are the ones to worry about, they could care less about the repercussions.
  10. K

    North Korea Vows nuclear strikes, Battle ship sunk.

    Well look how the VC chased out the more advanced Americans out of Vietnam.
  11. K

    North Korea Vows nuclear strikes, Battle ship sunk.

    http://www.msnbc.msn.com/id/36046278/ns/world_news-asiapacific/?ns=world_news-asiapacific SK battle ship has been sunk, probably a torpedo. Prepare pork and beans.
  12. K

    I feel like its poker day today.

    Looks like the sheep got lead to the slaughter today with this market jump and after lunch bears coming in and eating bulls for lunch.
  13. K

    I do not watch TV/news etc.. when trading.

    Distracting and not conductive to good trading. Why would anyone want to hear all that noise and those pundits flapping their lips. I prefer to listen to good ambient music, and just focus at the task at hand, work out the details paper,4color bic pen and notes + trusty old calculator. who...
  14. K

    I feel like its poker day today.

    Wow these guys are tough, huge bid interest (800 contracts) and I am the only one providing on the ask side and no one bites. I am keeping my price as is. Take it or leave it, Order sitting here since 9:30 finally got filled. Took a while. So far contributed to 33% of the trading volume...
  15. K

    Illinois cutting school down to 4 days?

    Ask the Babyboomers how they steered this country into the wrong direction.
  16. K

    And housing continues to be propped up!!!!!

    There is going to be a Housing recovery tax as well. If a bank cuts the principal of a home the Government will cover 48% of the cut as a cash kickback to the bank. The HR Tax will only affect families making 250K or more, this tax will cover the expense of the cash kickbacks.
  17. K

    Why did wellpoint raise premiums 36% before healthcare vote?

    Makes no sense, they handed obama free ammunition. Why did they not wait till next year to raise insurance premiums to its customers 36% that way healthcare does not pass and they get their money. now they kind of shot themselves in the foot or did they and this was planned so they can now...
  18. K

    Wall street loves Obama and Obamacare!!

    Not sure about that. A bunch of white wingnuts (what, 150K people?) Protesting. If mainstreet hated him you would see millions standing in front of the white house last week. How many were out there protesting?
  19. K

    McCain:Stop this euphoria, I vow to kill healthcare bill.

    You know Nixon was the worst president when it came to socialism. Google Nixon Shock. And not only that he opened the door for Red China to march into our economy. He instituted Price and Wage controls etc.. Thank the Republicans for this.
  20. K

    Wall street loves Obama and Obamacare!!

    Wow Markets sure do love Obama and healthcare. So where is the huge plummet?
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