I think it is hilarious how people think they can "predict" the future with a chart. The unknown is that you have absolutely no idea where the chart/index is headed. The known is that Europe is in a recession and will be downgraded soon and the market will tank.
Of course they are facing tough competition from Walmart, because the products they sell are cheap. It is sad that our generations need to buy such cheap products to get by today. It shows how much the economy is changing.
Anyone interested in discussing strategies regarding credit spreads with me (entry,exits,strike distance,general trades, etc.)? Please private message me if you are interested, experienced people only please. thanks.
I was thinking about buying some YHOO Jan 19 Calls due to the rumors and news that is circulating about bids. What do you guys think? All smart ass comments are welcome but ignored.
Alright so I was just looking at some deep otm calls on AAPL. I saw that the AAPL Dec 17' 11 $500 Calls are trading 0.16 Does anyone here just purchase a few of these contracts and hope that AAPL rallies huge? I know the reward can be huge if something crazy happens. Please let me know if you...
Last week I sold the GLD weekly 170/171 put spread 12 times. I thought it would finish above 171 so I turned off my computer. Then i saw that it finished below 171. what is going to happen now??!!?
How do you guys prefer to put on your short iron condors? Do you put the position on as a whole package or do you do the short call spread and short put spread separately? What stop loss strategy do you guys have in place if the equity/index moves the wrong way? How much room do you guys give...
BOOOOOYAAAAAAA
7/12/2011 News Update
Senate Republicans offered a politically inspired fallback option to the debt ceiling impasse Tuesday, proposing three short-term increases in the amount the government can borrow while at the same time registering the disapproval of Congress for such a...
by the way, at least i have the guts to make a guess at what the market will do. i am obviously not afraid to share my predictions, unlike most here. I assume you guys are scared to share your opinions because you might be WRONG and who knows what might happen then. If you guys are so critical...
I think that the market is going to be extremely volatile mostly towards the downside in the days leading toward the decision. Then we are going to rally once they release the good news. I know we will rally because the SPX rallied 6 points today toward the end of the day today, for absolutely...
Alright guys, everyone needs to chillax, the government is going to agree upon a deal no matter what. Because they will just create same random bill that makes everything magically PERFECT! Do you think they would let the United States economy default? That would be economic ruin for everyone...