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    Violence breaks out in Beijing

    Lines outside the Apple store in Beijing’s Sanlitun district show no signs of shortening, causing frustration for the thousands of fans and scalpers desperate to get their hands on the iPhone 4S. Now some of that disappointment is turning to anger, with reports of fights breaking out between...
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    Why the stupid fund Mgr is buying now ?

    What is funny is the TV pundits always seem to tell people to sell when SPY was trading at 107-121 and now at 129s they are telling people to buy.
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    Not as much milk from the cow.

    VIX dropping premiums on SPY dropping. Do you think it will go back up soon? I want to milk the fear cow further but it seems that the cow is not willing right now.
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    What if a a revolution/war happened in china. how will it hurt US corporations?

    Lots of stuff is manufactured in china i.e.: Foxconn etc.. for US companies. If China went under some kind of revolution/conflict and all of the sudden everything goes dark. Can US companies survive? do they have spare capacity elsewhere in such an event. Do they even plan for such risks?
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    Republican Mississippi Governor Pardons 210, Including Murderers, Rapists

    Only two comments. GOP getting weak on crime.
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    aggresive covered call trading

    You are paying double commissions. Sell the ATM put instead.
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    Can a work 401K be rolled into self directed IRA?

    Wow what a scam. so they underperform the S&P 500 and get to pay fees etc.. for this. Why is such a choice not allowed?
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    Can a work 401K be rolled into self directed IRA?

    Someone I know has a 401K at work and of course they are laden with fees. Can they just roll that into a self directed IRA and just buy SPY instead?
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    S&P Rates EK as 3 stars hold 1/7/2012 Target 1.00$

    WTF? Why would they not rate it a sell?
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    College grads getting 10-20 job offers before graduating!!

    But its better than working at starbucks.
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    College grads getting 10-20 job offers before graduating!!

    http://money.cnn.com/video/news/2012/01/05/n_computer_science_jobs.cnnmoney/?iid=HP_Highlight 98% placement rate. For Tech degrees. So why do so many Americans keep getting Liberal arts degree that cannot provide employment.
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    VIX not going down any more

    When do you guys think the downgrades will come and Europe start spooking the markets again pushing the VIX back to 35 etc.. Feb maybe once the holidays are out of the picture? Usually you get these little periods of calm, everyone makes their money and then the scaremongering opens back up.
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    So is there normally a Christmas-New Years rally?

    SPY paid out a 77 dividend so in Jan all that dividend money that gets invested back via the drip programs etc.. will probably help support the prices. I think SPY will trade in the 130s by feb.
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    Sell today or monday?

    Today I sold the 134 feb calls for 90 cents. So I am short the 121 puts jan, short the 134 feb calls and used the premiums when I sold the 121 puts and bought SPY at 121.0 even (although I could have waited longer and gotten it for 120.30s) but it seems the markets are rallying fast and...
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    Sell today or monday?

    I guess you skipped over the threads. I already sold on Monday. Anyhow I will quote the post. noob_trad3r Registered: Nov 2008 Posts: 1243 12-19-11 06:35 PM Sold the 121 jan puts for 3.29 a contract. Edit/Delete � Quote � Complain noob_trad3r...
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    Sell today or monday?

    Looks like VIX went poof!
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    The Most Important Trading Skill

    I would say absolute detachment emotionally. Viewing trading not as gambling but as a job. Risk management is very important, think of all the situations before you press the button. I spend most of my time planning and thinking working out models etc.. before setting up the trades. 99.5%...
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    Covered Call vs. Short Put

    Explain. I sell the SPY ATM put at 3.60 and if the stock goes ex-dividend friday, and underlying stays around the same price you see the IV drops on that contract. the put premium goes down ex-dividend. So are you saying I can just go long stock and buy ITM puts before ex-dividend and collect...
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    NOOB breaks the 1,000,000$ NAV mark!!

    Initial capital was 350K Yes I borrowed against the home and added to my AUM. It was a risky venture but 2009 offered an opportunity to make real good money but I did not want to risk margin calls trading options/going long the equities (SPY and IWM) It took 12 1/2 years to get to 1M...
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    NOOB breaks the 1,000,000$ NAV mark!!

    Well parents left communist cuba they lost everything they had there, I was born here in US into poverty(1973). parents worked like dogs, I was homeless for 3 weeks in living around in a station wagon moving to different relatives home. started working 13 to help family out and went to school...
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