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    The Surf Report

    ugh... <img src="http://www.emotihost.com/ver1/puking/5.gif"/> :D
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    The Coming Bear Trap

    I like ole Rev Shark, but I wonder if he's making any money lately? All I've seen in his column the last few months is standard stuff like "Don't trust this rally..." "Sharp break means more downside..." "Better stay in cash for now..." He's missed rally after rally... All the standard...
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    Company bankrupt before short is covered

    Absolute Slam Dunk. I wonder if you even have to report it on your taxes? I guess you must, but heck - the basis is never complete. Shares were never bought? But then, if you are long a stock that goes BK, you can have it *declared* sold and then report it for cap losses. Anybody...
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    March Madness - 2007

    Sweet Sixteen time. Gators just squeaked by Purdue. Hope they play better than that...
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    2007 Robbins World Cup Challenge

    Yeah, 86% ain't too shabby after only 2 months!
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    2007 Robbins World Cup Challenge

    Darn, AP - thought you were going to be the next Larry Williams. But make sure you pay those taxes! :p Oh well. Who needs those 20 year old Supermodels hanging off you, anyway? :D Best. :cool:
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    2007 Robbins World Cup Challenge

    Where are you Austin? You're supposed to be beatin' this thing! Yeah, it's early still. Anybody else enter? Good luck to all. :cool: World Cup Trading Championships® 2007 Standings Futures 3/9/07 1) Michael Cook* 86% 2) Federico DeCeballos* 60% 3) K...
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    What is the correct answer for a trader?

    I would say #$%%^ f*cking @#$$%! I say it often. :p
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    L E N D on fire

    Yikes!. But not if you are still short that POS. Up 25% right now! Bummer, Chan. And just about the time you can't stand the pain and close out - boom, down she goes. Crazy shiite is too much for my poor ole heart...
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    L E N D on fire

    OUCH! :( Hang in there. You'll get it back. :cool:
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    Advantage selling premium vs. buying premium

    It's possible there is some very slight advantage to selling prem (Gallacher, if I remember correctly, suggests there may be a small advantage), but I suspect that when slippage and other costs are figured in, you are talking risk free rate or the average stock market upward drift. And of...
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    L E N D on fire

    Yeah BL you're probably right. But those big (at least to me) naked call trades scare the shiite outta me. There's some good stories LM tells in his "McMillan On Options" about short call trades that went very wrong. Doesn't happen very often. May never happen at all...
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    Advantage selling premium vs. buying premium

    This has been beaten to death. but when it comes right down to it - no advantage, means no advantage. Yeah some traders will take the higher probability of profit with the associated much larger potential risk (for OTM trades). And the instant account cash infusion and theta-drip payoff, but...
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    Bearbelly

    lol Far Side is great...
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    What's all this I hear about endangered feces?

    Not to worry, there's still plenty around here. Might even say ET is full of it! :p
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    IB and trash talking...

    Strongly agree with the OP. IB is a very good broker. Not perfect, but very good IMHO. Been with a few brokers over the years and IB beats 'em all. Good trading to all, no matter what broker you have. :cool:
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    Gorilla Trading

    *Gorilla* trading has been around a long time. He just used to be called Mr Market! He's HUUUUGE!!! :D <img src="http://hometown.aol.com/ebarsamian/image001.jpg"/>
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    Options writers and currency futures

    Interesting! "Free no-risk money..." doesn't last forever.
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    L E N D on fire

    Might be a good trade, I don't know, but how would you feel to see this headline after the close tomorrow?: "LEND buyout offer tendered at $30 a share..." Let's see: 100 X 300 = $30,000 100 X 2,000 = $200,000 $30,000 - $200,000 = -$170,000 = Ouch Hope it works out, but be...
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