Look what this guy twittered Jon Najarian (Dr. J).
- Thread starter jackpearson
- Start date
he might be long the 20 and /or s 25 and short the 30's on a ratio with some stock and puts to meld it all into a cluster f that u would understand ,i used to work for him,he's always spread off,i was /am a directional trader, never liked the number crunching for options if i couldn't do it in my head ,not doubting your knowledge, days like this you could sell the oex 600 puts 200 times and take out 1/16 every half hour
microhedge?? a blast from the past!
what are you in your 70's Atticus?
Prog guy adami
I will second that, he would have trouble getting laid at a whorehouse with a fistful of hundreds, Adami seems like a decent guy. Dr J has been around a long time. When I was very young like 7, my local priest/coach came around and said who wants to be in a cross country race? I said sure, so we all drove over there and lined up, never ran a whole two miles before. So we are standing in line waiting for the start and coach looks at us and says, just remember when you are running hard and it really starts to hurt, that the guy next to you is hurting just as bad. Who knew that would be some of the best advice I ever got in my life. The point is every trader has to make peace with their drawdown, the great trend followers like Seykota etc. had some huge balls, only real traders understand what real fuckin heat is, granted its relative to the trade, position size and drawdown. Anyway, I am sure Dr J takes his lumps like everyone else. Implying that he doesn't is just shitty marketing. Carry on.
I responded in a previous thread about John Naj, I just think its criminal if he is long the stocks he calls out on the show. They always go up a couple percent in seconds, is he buying before the call and selling into the pop? Basically he could make millions doing this and you know the sec probably doesnt give two shits. Maybe I'm wrong and he has restictions like Cramer does.