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  1. K

    Premium Sellers Check In

    Do you have a 488?
  2. K

    Test your knowledge of new IB margins!

    In terms of the TWS display, is this reflected in the margin calculation in some form or is there just a "total notional value" figure buried somewhere?
  3. K

    China gives Trump his piecemeal win

    China is doing the same now. They are all over Africa...cutting deals with governments to build infrastructure - with some local labor and some Chinese "slave" labor - in return for the placement of subbed out industry and the rights to mine ore. We thought it was great to have our jeans made...
  4. K

    China gives Trump his piecemeal win

    This Trump fellow...have you been watching him much? LOL. He can claim victory here, but he needs to tamp down the tweeting on all of this. What the Chinese hate the most is not the issue of renegotiating trade, it's the public nature of the discussion. Trump and Wilbur could do really well...
  5. K

    Do you think the costs of the Trump trade war will exceed the stimulus from the Trump tax cuts?

    Expect things to become more ugly. In the end I believe the situation on the US front will be far better, however the path could indeed be quite painful. Chin up, eyes forward and don't short vol for a while.
  6. K

    Do you think the costs of the Trump trade war will exceed the stimulus from the Trump tax cuts?

    https://mediabiasfactcheck.com/politics-that-work/ A predictable chart from such a site. GDP includes far more than products that are available for export. For instance, if AMZN is in Washington, that counts for billions in GDP for Washington but the bulk of that "product" is simply the...
  7. K

    Do you think the costs of the Trump trade war will exceed the stimulus from the Trump tax cuts?

    With the exception of CA, the "blue states" don't really make much. It's a cute talking point from the media, and predictable. There isn't going to be a trade war. No tariffs have been implemented. The US has a strong negotiating position here and it's necessary to go to the mat if any real...
  8. K

    "This Is A Significant Development": JPMorgan Spots A Rare "Bad Omen" For The Market

    It seems to be a series of nonsequitous, (is that a word?) nonsensical rambling with odd half conclusions. Predicting the future of the markets is a rather specious exercise with good data and sound arguments, so these guys seem especially whimsical on a very consistent basis.
  9. K

    "This Is A Significant Development": JPMorgan Spots A Rare "Bad Omen" For The Market

    That's one click I will never get back.
  10. K

    What was the ***last*** thing you had to master before becoming profitable?

    Exactly. It's like flipping a coin. If you get 10 heads in a row, has the long term outcome changed?
  11. K

    who is the best options trader in this forum ?

    Excellent. Perhaps the greatest yacht of all time. Good to have you near.
  12. K

    Some new thoughts on Tesla...

    How many years for these things to pay for themselves? If my electric bill is $200 a month (let's say $2500 per year) and I'm paying 50K (after gov't rebates) that's 25 years to recoup cost for the install. I assume it would be less because you are selling to the grid also? But how much is...
  13. K

    $8 Billion E-Mini Dump Sends S&P Below 200DMA, Dow Tumbles 500

    This smells like BS to me, notwithstanding Zerohedge being known for just making shit up in general from time to time. They probably just looked at the volume for several minutes around the quick drop and ginned up a cool sounding story. If it's all mysterious and no one can prove it WASN'T a...
  14. K

    Some new thoughts on Tesla...

    Building a new car company from scratch is one of the toughest endeavors imaginable. Almost as tough as starting your own space exploration effort. While I admire Musk - both who he is and who he wants to be - this Tesla effort just comes down to one thing. Do they have enough capital? Will...
  15. K

    Is naked option writing really that bad?

    Naked option writing is like any other endeavor that is dangerous. It all depends on how you approach it, the risks you take and the safeguards you have in place. Done properly it can be very rewarding with much lower risk levels. You won't change many minds here.
  16. K

    You guys blowing out your accounts left and right

    It's the kids...
  17. K

    Interesting Charlie Munger quote

    I don't see that. It's a low barrier to entry and they are still competing with the illegal operations - that don't pay taxes. Taxes will be a more substantive burden going forward.
  18. K

    Interest payments on US debt could top $1 trillion...no worries it's just a Trillion!

    It's weird that we didn't hear about the debt for some years and now people want to talk about it again.
  19. K

    Gartman Makes "Watershed" Call: "Equity Markets Have Hit A Multi-Year Top"

    I've given up listening to any of these guys that make predictions. If the market is near even at the close, they have two scripts. The Dow can be up 10 points on "renewed optimism behind positive earnings from XYZ". Minutes later it's down 10 points on "fears that inflation may be worse than...
  20. K

    Gartman Makes "Watershed" Call: "Equity Markets Have Hit A Multi-Year Top"

    "It's tough to make predictions, especially about the future". Yogi Berra
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