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  1. K

    Illinois set to pass Forced Confiscation of All Semiautos

    Both of which promote, protect and continue to ensure your freedom. Your welcome. That's the beauty of this country. It can provide so much to someone like you - who isn't even capable of understanding all that you have right in front of you or how it came to be.
  2. K

    The Truth about "Assault Weapons"

    Like I said, the "standard issue" AK-47 is full auto. Where do we see them? In the hands of Libyan soldiers and other "freedom fighters" around the world on the evening news...squeezing off vollies of rounds at the opposition. That's the public perception - that it's an evil machine gun. Yet...
  3. K

    The Truth about "Assault Weapons"

    The standard AK-47 has full auto capability. So you're saying that our average hunting rifle has full auto capability? Which one? Maybe you should define "legal" AK-47. A fully automatic Ak-47 is legal with a Class III permit and NFA registration/compliance. I think it's disingenuous to...
  4. K

    Illinois set to pass Forced Confiscation of All Semiautos

    ...and doing renditions in foreign countries (front page of Wash post the other day), and doing more warrantless wiretaps than ever...and the FISA courts are even busier than when Bush was Prez. Gitmo is running strong today. When the GOP is in charge, all the liberals love to throw all...
  5. K

    Illinois set to pass Forced Confiscation of All Semiautos

    What personal freedoms are in decline? There's TALK on nearly every channel of all the evil things that may happen, but what have we actually lost in the last 20-30 years in the way of personal freedom?
  6. K

    Illinois set to pass Forced Confiscation of All Semiautos

    NRA spokesman Andrew Arulanandam told Secrets Friday, "This was the first of many challenges gun owners and hunters will face this year. We will face many more and we need to keep our focus on those upcoming challenges." ***** Translation...keep those donations coming!!! Think about...
  7. K

    NY Times: Let’s Give Up on the Constitution

    He reminds me of the occupy guy interviewed on The Daily Show. It went something like this... Reporter: So tell me about why you're here today and what you're protesting. guy: We're here because of the evil 1% and their insistence on keeping us down. We think that so called private...
  8. K

    Illinois set to pass Forced Confiscation of All Semiautos

    I say nearly nothing happens. The primary reason for most of the bills and threats and rhetoric is to generate money for politicians. Once the machine gets all wound up and the letters and phone calls start coming in, the NRA and other groups start writing checks to kill the bills. That's...
  9. K

    IB smart route just killed me

    There may have been an issue today. I had a spread order that seems like it should have been executed between 1:30 and 2pm today. I was watching it and it just wouldn't execute. I was getting ready to cancel the spread and do it manually when the market pushed back on the Fed minutes. I'm...
  10. K

    Illinois set to pass Forced Confiscation of All Semiautos

    from Section C) "(c) This Section does not apply to a person who possessed a weapon or attachment prohibited by subsection (b) before January 1, 2014, provided that the person has provided proof of ownership, his or her name, and other identifying information to the Department of State...
  11. K

    Illinois set to pass Forced Confiscation of All Semiautos

    Nobody is confiscating anything. Current owners are grandfathered. It also seems to read that semi-auto pistols with 10 round or less capacity are exempt, although I just skimmed it. If passed, this should solve that crime issue in Chicago.
  12. K

    Piers Morgan May Deport Himself

    To anywhere he wants to go. My choice would be to drop him at the North Pole in his panties, but just get him out of this country and off the airwaves. He was a d-bag before all the gun stuff. I watched a few interviews last year and he just beats people up with his agenda. He's very...
  13. K

    Piers Morgan May Deport Himself

    I would buy him a one way plane ticket.
  14. K

    Sen. Feinstein suggests national buyback of guns

    They should also pass a law against murder. That would stop all this nonsense. Can't believe nobody's thought of that.
  15. K

    Real Estate boom of 2013

    Another option is to run some owner financing while waiting out the 5 years. Offer the place out at a somewhat inflated price to some subprime folks for a decent interest rate. You are collecting mostly interest while the home theoretically appreciates. If they continue with payments or refi...
  16. K

    When to close a short option position to maximize the return from premium decay?

    For me, 80% applies to S&P FOP puts only, and in my case it's closing a spread that's typically ITM. If I have a 10 point spread, I'm closing it at 8. The 80% figure was the result of a lot of backtesting of the products that I trade and assessing higher and lower percentages, reversals, etc...
  17. K

    Bill Gate's Secret Hedge Fund

    13D's are required any time someone owns more than 5% of the outstanding shares. I hope they do better than Paul Allen. We used to follow that guy around shorting his picks for years and made plenty. He was one of the worst stock pickers I've ever seen.
  18. K

    When to close a short option position to maximize the return from premium decay?

    I'll give it a go from another angle. I usually take profits around the 75% - 80% mark. In your case if you take $2.60 in premium...maybe 50 - 60 cents or so. Others use specific deltas to guide the closure...maybe in the .15 - .10 range, although that may coincide with the 50 - 60 cent mark...
  19. K

    Free Options

    I thought Vernon Smith (George Mason) may have delved into this a few years back?
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