Search results

I see there's already another thread with this theme, GOOD. I suppose we're assured to get the answers daily now.

Today's answer, 4/7/06 is: P & G

I thought that since the squawk Box fantasy portfolio challenge might be a popular thing that some users of Elite Trader would participate in that we should start a thread that posts the answers to the daily SB fantasy portfolio questions. It's worth extra fantasy bucks to invest in the...

we need to start a seperate thread that posts the answer to the daily Squawk question. That way at least we know that Elite Traders are maxing out some of their bucks. Maybe a way to get some of our Elite Trader brethren into higher rankings. I think I'll do that with today's question...

you could trade the new GLD, gold ETF. I don't believe that there are any options trading on it yet though, but maybe soon.

Collars are very effective in squeezing out additional profits during downturns in your stocks, but I think the primary thing we as traders and investors have to keep in mind is the fact that patience is a virtue and that sometimes we can be wrong. Now, what the hell does that have to do with...

Boone Pickins just stated today that 65% of his gains in 2005 came from long term capital gains. Your basic assumption that hedge funds PRIMARY gains come from short term gains isn't necessarily so. There are legit hedge funds out there that are true "market demons". Just trying to keep it...

I have to admit that specialists do have some purpose, but ever expanding levels of technoligical automation and connectivity are making them more of an artifact. I believe that the NYSE will and is slowly moving them out the door, and wouldn't be surprised to see them gone within the next 3-5...

In the U.S. it's a green piece of paper (Crane 100% cotton paper to be exact) that stands as a promisary note backed by the U.S. government. The note is backed in good faith and overseen by the government and is acceptable to be used in settlement of debts and obligations by its users.

I started out years ago at Scottrade and still use Scottrade Elite everyday (I really like Scottrade Elite and haven't really had too many technical problems...but I don't trade through it either, mainly use for charting). As far as commissions go, IB has just about everyone beat. I made the...

or just a way to minimize sections on the forums page. Sort of like being able to personalize for quicker navigation. Personally I like options and I have to keep rolling up and down the page, get to be a hassle. If I was able to minimize middle sections of the forums page, then I could...

SAC capital advisors was #2. They're a total hedge fund. Pickens also runs his own hedge fund. Of course what they do is trading. They all have fully staffed trading floors as well as analysts. That is the reality folks. These are the people behind the funds and houses that are moving...

List was compiled by Trader Monthly. Available on their site.

Good ole Boone Pickins was number one on the list Made over 1.5B last year and his fund was up over 700% in '05. He rode the energy wave. Goldman had two traders at number 2 and 3 on the list I believe. Not surprising since Goldman smashed their earnings numbers a for the last quarter and...

The correct analysis is that you are still protected, but not from the 41-44 range. The easiest thing to do would be to just buy more higher strike puts to protect the upside you have just gained. You could just sell off the 41 puts at the current market price (taking a smaller loss than just...

While you are at it, you need to look up how that .80 dividend will/should be taxed. I'll give you a hint, it's not at the 15% dividend rate. Good Luck. :)

In the States you can establish a LLC. You act as head of the LLC. Many states only require one person in order to establish a LLC, some states require at least 2 parties (just have to check where you are interested). Under the establishment of the LLC you are sheltered from liabilities...

Cramer's just another voice in the crowd. Yes, he does have a following that will pump up a stock as soon as it is discussed by him, but I have found that is usually short lived. If you have good ideas that are formulated on sound principles and values that you can trust, you should do just...

BB's are another effective tool that belong in the toolbox. Not every indicator on its own can do it all. I find using BB's in conjunction with other items help. To each his own, but to just broadly denounce a single indicator as invalid just because they haven't worked for you in the past is...

I am in no way implying that OTM option purchases are intrinsically a mistake. However, I am asserting that most people new to options make the mistake of purchasing OTM options due to the fact that they are "cheaper". If you follow the OP's current position he/she even admits that it is pure...