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  1. N

    We need the middle class to be debt slaves perpetually.

    http://www.cnbc.com/id/46479059 “It’s somewhat of a false indicator looking at consumer spending and saying all consumers are doing so much better,” she said. “You haven’t had substantive wage growth and you see the contraction in available credit for mainstream America take a...
  2. N

    Rough seas today.

    Got caught up in an undertow. gonna wait it out a bit.
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    Rough seas today.

    get in 07 big wave coming
  4. N

    Rough seas today.

    sell .55 then wait to ride the next wave.
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    Rough seas today.

    buy again.!! .38.39 for next wave
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    When you exercise a long option, do you get stock instantly or end of day?

    Thanks, that would make sense since OCC seems to process exercise requests at the close.
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    Rough seas today.

    Choppy action on the SPY ETF. Strong prevailing winds from greece bring in some big waves for surfing. WATCHOUT for the undertows. buy 135.36's 40's sell at the 60s. repeat all day.
  8. N

    Should I panic about my short position on Apple calls?

    3 cents today. but it shows theta of -04 for the call. so do you think he still has some hope of no assignment from the last nickel still being time value? if thats the case anything could still happen and AAPL could be under 470 thursday. ie WWIII etc..
  9. N

    Should I panic about my short position on Apple calls?

    only 3 pennies of extrinsic. so it will trade at parity real soon? I guess he will might get assigned tonight or probably thursday night. Oh well time to panic now.
  10. N

    When you exercise a long option, do you get stock instantly or end of day?

    lets say you are short stock, long call. you decide to cover at the strike price. If you exercise your long call, will stock be delivered on the spot to make good on the covering of a short sale? or is it after hours during OCC processing?
  11. N

    Should I panic about my short position on Apple calls?

    Apple 515+ only 3 days left. I think you should start cutting your losses.
  12. N

    Looks like under Obamas watch, markets/economy rallying.

    Saw this in the morning. NY Fed's Empire State Survey Improves More Than Expected, at 19.53 in Feb. Vs. 13.48 in Jan. (story developing)
  13. N

    If China went full on commie and cuts off the US how bad would we get hit?

    Humm this will be interesting. Reuters reports that Proview Technology will apparently have a hard time blocking Apple iPad exports from China. On Tuesday, we reported that Proview was seeking a block on both Chinese imports and exports of the iPad over a trademark dispute with Apple. Given...
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    If China went full on commie and cuts off the US how bad would we get hit?

    Do we have the capacity here? Foxconn has lots of trained staff, lots of QA hardware, machining hardware etc.. Stuff we do not have here at all. You would be amazed at how much is done at Foxconn.
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    If China went full on commie and cuts off the US how bad would we get hit?

    So for that time period US corporations would have no capacity to produce product and generate cash-flow? Until factories are built somewhere else?
  16. N

    If China went full on commie and cuts off the US how bad would we get hit?

    Since Apple etc.. rely so much on China to produce salable product. how long can our corporations survive while they have to start from scratch to start production of salable product again? How long would it take before we can even ramp production back up to some other part of the world?
  17. N

    Should I panic about my short position on Apple calls?

    Opps its over 500. There is still hope maybe in the next 4 days it goes under 470.
  18. N

    Athens. A few fires here and there.

    Curious how long will this cash last Greece, won't they need more money again in a few months so all this will just repeat?
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    Should I panic about my short position on Apple calls?

    LAst price 23.75 Opps, sorry for your loss. Still hope left its not trading at parity yet. still 1.12 of value left maybe it goes under 470 next week.
  20. N

    ES going down yo, greek surprise?

    Stocks continue to slog along in negative territory. Today's loss is shaping up to be the worst that the S&P 500 has suffered since December
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