Cknolls

QUOTE (Y2HH @ Aug 15, 2011 -> 08:34 AM) Market predictors are bold faced liars that say things like this because in this day/age you can get away with saying whatever you want, but none of them put their money where their mouths are...because 1) they don't really know, and 2) well, they're liars like I said, otherwise they'd leverage themselves to the hilt and become mega rich when it happened. If he's THAT sure that was going to happen, and he didn't leverage himself to the hilt borrowing money regardless of the interest rates -- I'm talking going all in here, every dime he has or can possibly borrow to short/buy puts -- then he's either an idiot or -- orrrrrrr -- he's just talking to hear his own voice/read his own posts. Fact is he's just talking, or he'd be buying 50000000 puts on massive margins...I mean, why wouldn't you make that gamble if you KNOW where the markets going?! If you are THAT sure about something, and it's a sure thing...you do it...otherwise you just admit you don't know like the rest of us. I trade everyday sparky. Up 225000 since July 8th. So you can keep saying what you want about which you know little and I will keep doing my thing.

QUOTE (southsider2k5 @ Aug 15, 2011 -> 07:27 PM) Nice change up from the leaps... You want to buy Dec 2012 calls, I will sell as many as you want.

QUOTE (Y2HH @ Aug 15, 2011 -> 08:28 AM) The market is going to open up so if you sell them, you lose money...I'm not sure how this is free money for you... First of all the Sept 1500 calls are probably as close to worthless already as you can get. So if you think the Sept 1500 calls will be in the money by Sept expiration I have desert to sell you in the Arctic. So yes free momney for me even if it is a nickel a contract. Those Abe Lincolnshire can add up quickly.

QUOTE (southsider2k5 @ Aug 13, 2011 -> 04:59 PM) If you are saying 500 PUts, I am buying 1500 calls. Gladly sell them to you. Free money for me.

Monday i am going to short the XRT and maybe even the RTH via puts. Also going to buy some 930 and 1040 SEPT puts in SPX. If last weeks lows break this thing will fall hard. Eventually we are going to 450-500 SPX. Parabolic moves always return to their origin. This one started in late 1994 early 1995 around those levels. Maybe look to buy some leaps (puts) in the SPX somewhere in the late 2012 early 2013 time frame. BTW XRT and RTH are both retailer indexes. With the consumer confidence number that came out Friday and the malaise that exists out there, I believe this is a good opportunity to make some coin on from the lack of consumer spending. Christmas season should suck this year. You cannot short these indexes, you have to buy puts.

QUOTE (mr_genius @ Aug 12, 2011 -> 07:30 PM) http://www.foxnews.com/politics/2011/08/12...ealth-care-law/ nothing really surprising about this, but figured i would post it. But one of the judges in the majority was a Clinton appointee.

QUOTE (caulfield12 @ Aug 11, 2011 -> 11:13 AM) Done. 800 shares of VOD (ADR) at 25 1/2. Crosses fingers. Well, the dividend alone and holding long-term is worth it, unless everything completely goes south, and then it won't matter what stocks you're holding. We do have some gold, but I don't get all crazy and buy gold bars or make house into mini-Ft. Knox when the market corrects like this. Absolutely. The intrinsic value of their share of Verizon is crazy, I believe it is half the value of the share price. I have read that their stake is worth more than $50 billion. I think you made the right decision for your mom. BTW, stock closed up yesterday. IIRC, over $26/sh.

This is good!!! http://www.postchronicle.com/news/original..._20110809.shtml Scroll down to watch...Precious

QUOTE (caulfield12 @ Aug 10, 2011 -> 03:52 PM) No reason to sell, actually. My mom likes to write off losses every once in a while against her taxes. Personally, CISCO is the only one I don't think has much of a shot to recover...it has been parked in that same range for a decade. Trying to figure out where to invest about $20,000-30,000 where she'll get a good rate of return, some type of bond fund....6-8% or so. Right now it's getting 0.01%!!! Was just researching OHYAX, DVHYX, DHOAX, JIHDX and RYHDX. Most of her money is at Vanguard, American Century, Legg Mason and Oakmark Funds. Alcatel, AIG, LSI Logic, Cisco, Nortel....those stocks are pretty much buried forever. Just sitting there at massive losses. Cisco at $74.59 per share, and that's the best of these former high-flying tech stocks (well, AIG's another story). Keep Pfizer for nothing but the dividend. Also think anout Vodaphone. Not a stock, but you can buy the ADR and reap the same benefits. They will start to realize the huge benefits of owning a huge stake in Verizon Wireless very shortly. I believe the yield on it is in the neighboorhood of 5.6% or so. Verizon said they will pay them a 3.5 billion dollar dividend that they owe them but it may not occur until 2012. But the stock is very cheap, IMO, $22 and change, and seeing as they own 45% of verizon wireless it is a screaming bargain.

Congrats to all the unions that wasted 25-30 million of your members dues up in Wisconsin. how did that work for ya? You won two seats that will be re-districted right back to the R's next year. And you will likely lose one of the two Democratic recalls next week. keep up the good work.

QUOTE (Y2HH @ Aug 5, 2011 -> 11:39 PM) Short term cap gains is 30%. Long term is 15%. Long term = 1 year+. Short term is actually your income tax rate.

QUOTE (southsider2k5 @ Aug 4, 2011 -> 07:45 PM) You're for sale?

QUOTE (jenksfart @ Aug 4, 2011 -> 05:03 PM) buy the dip Do you catch falling knives too? Confucius say picking bottoms= Stinky fingers

QUOTE (greg775 @ Aug 4, 2011 -> 04:57 PM) What do you all think of what happened on Wall Street today? Reading the yahoo article it says most are convinced we are in for another recession. Wow. If businesses are going to be laying off tons of people again, will the economy ever recover? Are we looking at the biggest depressionary period in u.s. history?? Is it coming soon? YES. The 2009 low will look good compared to THE LOW. I think 20-30% lower than the 666 2009 low. I think Timberlake should do a song called "Bernanke in a box."

QUOTE (southsider2k5 @ Aug 3, 2011 -> 02:39 PM) I feel like I am back in the first day of Econ teaching needs and wants. You mean they are two different things?

QUOTE (StrangeSox @ Aug 2, 2011 -> 05:03 PM) Krugman's been saying to keep an eye on Italy, too! Your killing me smalls!!!!!!!

As I have been saying for well over a year, ITALY will take down Europe.

QE3 looks like it could be the catalyst that sends this market down to 1040ish SPX. But they may try to make one run up to the 1365-1370 level. This market will go back to where the run started in 1995, in the 500's. Timing wise if there is any correlation to the 2007mkt, it could happen in October 2012.

Well Durbin thinks so because he said the only they have not is because of the Republican filibuster. when John Kyl tried to tell him it only takes 51 votes to pass in Senate, turban said, well we only have 53. disgusting lying sack of elephant s***.

QUOTE (Balta1701 @ Aug 2, 2011 -> 08:18 AM) Then the Republicans shouldn't have forced this bigger screwup. And they shouldn't force the next round of budget cuts in September. Are the Senate Dems going to do their job for the first time in three years and actually produce a budget?

QUOTE (StrangeSox @ Aug 1, 2011 -> 08:58 AM) Well, he's a Nobel laureate and his textbook is widely used, so I dunno how accurate your statement here is. Stop the presses, a liberal college professor has his textbooks used by other liberal college professors.

QUOTE (Balta1701 @ Jul 29, 2011 -> 02:26 PM) And the person in the private sector benefits from the smaller government because he can come up with models saying that Housing prices never go down and convince all sorts of fools to invest trillions based on those models then walk away with a severance package worth millions while never having to worry about being investigated for financial fraud. Oh, and the economy is screwed for a decade. Sorry. I'm enjoying this. Or you could be the CEO of Fannie Mae, or vice chairwoman of Fannie Mae, cook the books, and collect close to $100 million and 26 million respectively and have nothing happen to you. They made Enron look like peanuts but yet nobody says boo.

QUOTE (StrangeSox @ Jul 29, 2011 -> 02:32 PM) It works if you make the other side believe that you'll let the whole thing go to s*** on principle, get enormous policy concessions and then "compromise" at the last minute to something ever-so-slightly to the right of what you're demanding. The tea partiers forgot the last part or honestly believe that a default* really won't be a big deal or, as some are arguing, would be good in the long run. *ck, you can spare the "it's not a default!" quibble that we technically may not default on bonds, though there's a huge constitutional issue on the ability to prioritize the payments. OH spare your nonsensical bulls***.

QUOTE (Rex Kicka** @ Jul 29, 2011 -> 02:04 PM) At the same time, things like the Debt Limit and FAA reauthorization are being held hostage in exchange for passage of constitutional amendments, and union organizing regulations. This whole fight has made me physically ill thinking about it. Republicans have literally held the entire economy hostage in this fight, and Democrats have consistently caved to be responsible. The entire difference now is about timing of votes and whether or not constitutional amendments should be attached. It's really really disappointing. You can thank the NLRB and NMB for the FAA boondoggle. Really the NMB

QUOTE (StrangeSox @ Jul 29, 2011 -> 08:22 AM) 2010Q4 and Q1 this year were also revised downward, and pretty significantly. I lay this more at the feet of the freshmen tea party Representatives more than Boehner. LMAO