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I have 18 years of experience in the market and every time market acts differently so I don't know what will happen tomorrow or whether market is a short now or not ( I am short but I don't advertise r recommend it to everyone) but I know the following incidents will happen and when it happens...

Average P/E is 27. For basic materials it is almost 15. Outlook growth is weak and even if the market drops by 50% stocks look overvalued. Check out LTD to equity ratio. It shows that almost 80% of the companies have debt way over their equity. It means that if they pay the debt, nothing will...

I would buy NFLX weekly 170 Call :D. I believe NFLX would go up 30% or more on earning day.

By the way shorting MCD as of now would be a safe bet because it is not like HLF that could swing wildly and hurt you. The swings are in the expected range. You can also short it as a hedge against your other long S&P and Dow index positions.

Today (Friday 4/19) is the confirmed day to short MCD. After earnings and it is trading below $100. 3 to 5% grwoth a year in the best case should not have a P/E of 19. This stock can easily drop to 70 based on the valuation. By the way you are shorting this stock at its high. DYODD.

I am sticking to my gun on MCD. Don't get caught in Gold and AAPL. In a couple of days MCD will announce the numbers and it will be an ugly number with a gloomy outlook. It is not only tech. Restaurants and retailers are not doing that good. In Tech stocks ADI will also have a miserable...

Another idea for those who claim that IB's cancellation fee is still killing them and is a very big part of their trading cost is to add a 1 cent option to their single order option and make it a combo so they can cancel it anytime but the problem is that their oder won't be seen in the bid and...

For me I only hit the bid (in selling) and take the ask (when buying) when my gut feeling tells me that market is moving fast in one direction and if I don't sell/buy at bid/ask they will lower/increase their price or bid/ask gets very close to ask/bid that it does not make sense to wait.

Some info as an experienced trader who trades a lot of options in IB: 1- Order cancellation fees are shown as fees in your daily statement only if the cancellation fees are more than your credit for option trades on that day 2- Cancellation fees do not apply to combinational orders because...

I just saw this thread come to the top and I wanted to post that IB has drastically lowered cancellation fee that I noticed you did. Now if anyone complains about cancellation fee should really be a Scottish.:)

Market has rallied and has hit all time high and with recent bad news on job market, market has not reacted to it. On Friday Dow was down only about 40 points. This behavior is acceptable at the beginning of a pullback. traders consider it as a buying opportunity which is wrong ad then market...

When Greece bad news come up, it is folled with more bad news from Spain, Italy, .... Tighten your belt and be ready for a market turbulance.

After it happens, I will analyze it and will tell you why and what happened and everyone would agree with me and woul tell it was obvious.

FYI I should say I know what is noncovered securities definition in tax nad I had no problem with that in 2011 tax return but this year I see that I have gained a little over $3000 in noncovered securities but the proceeds is not known. I believed only the cost basis should not be known in...

Short sellers. Those who don't own the stocks :D

If knowlege is mony, ask yourself why they tell you what they are doing? why they say a meltdown is ? Simply I don't understand. They sold some shares but did they keep the money in cash or bought something else? Sold JPM ad bought GS? !!! Sold Jhonson and Jhonson and bought Coca Cola?

My systems are also blinking and coughing.

I endorse your short position but not your covering idea.

I bet you AAPL shorts cannot sleep either FYI: I have no position on AAPL. Basically I don't trade AAPL.

A while ago I started a thread that I said MCD is in trouble. MCD sales has come down month after month. Their Jan sales was down 1.9%. My reasons: 1- Cost of food is going up and restaurants margin is shrinking unless their increase the menue prices which will lower the sales more 2- Market...