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Excellent points. I only trade options and I've been in the market for decades. These last few months for me have been just fine. As Maverick said in another thread, this is the way it used to be all the time. For ME, I can deal with the swings because of the products I trade. For folks that...

I've never understood the TA crowd. I think as humans we are biased by the last segment of the line and what that would have meant - or did mean - to our bottom line. And I'm certainly no TA aficionado, but tell me - given the chart in the first post, why isn't everyone going long here? Why...

It's not worth figuring out. Your move based on earnings will blow away any theta degradation in the overnight. On a typical day with no news expected, you may see some accelerated theta loss about 90 minutes before the close and then again about 60 - 90 minutes into the next open. Your...

I know, right. A bit of sovereign wealth liquidation and then some short covering. It always amazes me how so many people assign these events (that conveniently fit the narrative) to market moves. I guess they get that from the networks that do the same thing. Just because something...

I read somewhere a while back that the Saudi's had a cost per bbl around $6. That's just for the oil, and if they had a normal economy that would be fine. They've since subsidized most of their gov't expenditures from oil revenue. Citizens pay no taxes, gasoline was about 15 cents a gallon...

I can do all my xmas shopping in my underwear without ever leaving home.

How do we hide threads initiated by people we have on ignore?

You noticed that too...

1000% a year and you are offering it to lil ole us? I for one.... am honored. I thought we were a more raucous bunch with a sullied reputation and no prospects for untold riches. Clearly, I was mistaken.

Those are indeed market makers quoting prices that allow them to immediately hedge off the position and lock in a profit. They rarely get filled, except when a retailer hits their quote. You'll see these large quotes moving around very fast - it's all computers with algorithms that will offset...

The market is always right. You may have to WAIT to be right, and you may run out of money while you wait - but the market is always right.

The most credible explanation I've heard is significant liquidation by sovereign wealth funds and wealthy individuals associated with those countries - in order to raise cash to meet the shortfall created by lower oil prices. Remember, this is a two way street. Just as the funds are coming...

I hope he's making $ for CNBC by being on the air, because I can't believe he's doing jack for any of his followers.

Assuming the market stays above 1875 thru expiry, you can try to move your 1905P up incrementally.

I said in 2002 when the Feds issued all these rules that it would end very badly. And it will happen again. Just the other day, Banjo posts one of his multiple daily conspiracy threads about Clayton homes. They sell thousands of homes over some years and then someone decides to analyze the...

I can't stand him either. He is part of what's wrong with the image of Wall Street. If CNBC didn't have Leisman at the Fed, Santelli's occasional entertaining rant and a few good floor guys with an occasional bit of what's REALLY driving the markets down there - they would have nothing. The...

It's going to put some ideas out there for the anti-Cramer crowd. Wall Street is the target of populist rhetoric on both sides these days and this seems to just feed the boogeyman even more with the "evil crooked empire" theme.

I'm gonna say about tree fitty on this one.

Yes, it's very doable. With options, and the right types of positions, ratios and risk mgmt parameters.