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Phew,
This should take them up to the Mayan calendar date of Dec 21. More booze, broads, and internet poker until armageddon. YAY! for Stoll!
MF4
From today's Daily Pfennig:
The Euro won't become worthless. But, parity to the dollar is a lock. Once the IMF/globalist cabal gets the western economies at parity, they will propose a new currency and debt cancellation trade for a lifetime asset royalty in those debt-laden countries (hint: this means US).
It will appear to be a saving hand in a desperate situation. Our teet-sucking pols will roll over and sign up as fast as possible. This will be a major step in allowing the beast to have us all by the balls.
MF4
Big,
You have been spot-on lately. So, it is with a grain of salt that I say this: Your scenario could play out. However, it is entirely possible that the cabal wants Obama re-elected to complete the destruction of the Constitution.
If this is the case, they will rally the markets all summer to new all-time highs before the election. If 401Ks appear fat, people will be inclined to give Obama credit.
It will be an illusion of course, and if he is re-elected, a year from now, the markets will have tanked, riots, super-high unemployment, etc. That will lead to martial law, and the rise of the fascist state.
I pray that Romney wins. He is a shill, but anything beats Obama.
MF4
GFP,
I can get option quotes everywhere. On Yahoo. I like TDAmeritrade's Think or Swim platform. They're great for options. Usually, they're grouped by expiration date. Then listed numerically.
it's kind of hard to chart an option price. It's affected by time decay, and volatility, the price and beta of a stock too. You can chart the underlying stock, then buy or sell options depending upon your expectations.
If you're day trading or grabbing pennies, you'll want to be in stocks whose options have alot of volume (at least a few hundred a day in strikes near the money), otherwise you will have wide bid/ask spreads and a lack of liquidity.
MF4
I'm an options fiend! It's the only way to play.
It's really not that complicated. You know you can buy a call option on a stock that you think is going up.
What I prefer to do is buy a call spread. This simply means you buy the call you like and simultaneously sell a higher call against the one you bought. You enter the trade with a debit limit (the difference between what you pay and what you recieve for selling a higher strike call) that you choose.
This strategy does two things:
1. It caps your maximum gain to the difference between the strike price of the call you bought verses the one you sold. But it
2. Substantially lowers the entry price of the position. That benefits you if you're wrong.
I use this strategy for short term plays, like if I expect a bounce move and the option expires in a few days.
If you really like a stock for the long haul, it's better to buy a call Leap (longer than 6 months till it expires) without selling a call against it. That way your upside is not capped.
I love options. I recommend them as the safest way to not lose your ass on any single trade. If you are curious, Options Action, on CNBC, is a great way to learn about them.
Good luck.
MF4
Well, at least I got my move in SLV. Just sold out of two more at .35 - That's a 10X gain in two days. Can't complain about that. SLV hanging around 28. It could push up 30 cents more, but probably near the close on a slow build.
MF4
Market just opened. Essentially flat. What a surprise!
MF4
Yes, The dow was minus 70 when I made these bets. It dropped another 90. So, therefore Friday should gap up about 90, then lose all volatility. I did buy a put spread on FAS, which will be in the money if the market goes down Friday. That's why the only scenario where I lose all the way around is the above.
I do play and like LEAPs. the last one I did was long SPY 130 calls about 2 years ago. Did some calendar call spreads. The ones I was short expired, and I sold the longs when SPY hit 140 on the way down. One of my few profitible trades. I was playing a 100 point pullback in AAPL. I quit 6 weeks too soon. But, it went up 50% from where I thought it would fall.
I do pick the movers well. If I could only do the proper timeframe and direction, I'd be rich!
MF4
As expected, the high 27.50 was reached before I was even paying attention. That's why I sold some. Continued pullback this afternoon. market looks like all rallies are being sold.
Goes up slowly for 6 months, while I'm playing for a pullback. I give up in April, and the pullback starts. It never fails.
Friday should be interesting. Tons of people expecting a selloff. market rarely gives it what it wants.
I'm taking big move lottery ticket shots in both directions on FAS. Playing for a short-covering rally on Friday in SLV and SPY, ERX too. I'm usually never right, so the right play would be no movement.
MF4
I hate Chuck shumer. What a turd!
I've been watching SLV get taken to the woodshed. It has a floor probably around 22, which is close. With option expiration on Friday, I took a shot and bought ten 27.5/28 call spreads for 2 cents ($27 with commish, to control 1,000 shares of SLV). Max profit $473.
So, when I saw the spread was worth $12 today, I sold 3 of them to cover my costs. Have 7 left. free trade. If SLV bounces tomorrow (probably just needs to hold a $1 gain today), I should pull a $340 profit out of this trade. 1200% gain, if it happens.
May not happen, but those are the rare option trades that are sweet as can be!
MF4
The United States suddenly looks like the most oppressive country on the planet. We have unelected politbureau positions called "czars". A newly created government agency focused on imprisoning and targetting citizens that disagree with the approach of the government (against the Constitution). This is the department of Homegrown Scurity (Gestapo).
Law after Law that seeks to prevent us from growing our own food, pursuing our own happiness (smoking pot), speaking out against the govenment (watch what they do to the internet), making our own choices (how to raise our kids).
You have the Ministry of Truth (the owned media monopoly) telling us Obama was worthy of the Nobel Peace Prize a few months into his Presidency. And 911 wasn't an inside job (But look how the country has fallen since then).
What's next? The Chinese come to our (the citizens)defense against our stealthily oppressive government?
MF4
Didn't Obama, or one of his czars just declare they are seeking a cure for Alzheimer's by 2025, or something like that?
Couldn't somebody with some street cred (not me or Haysaw), begin his own personal campaign to get the white house and Cortex together to acheive this goal?
I don't think CORX management has the necessary cred. But, maybe somebody that writes for a well-respected industry newsletter could? If only I knew somebody like that?.............
MF4
It's too bad a good, old-fashioned beat-down is not a legal form of retribution. Really too bad......
MF4
now that april options have expired, my 6 month attempt to short aapl is completely flushed.
It can drop 100 in a day. as long as i won't gain, anything can happen.
MF4
Scstocks,
Don't feel bad. This market is so manipulated. If you can't sit there and watch every technical signal, or get in at the right point, and out a few hours later with a profit, you may lose entirely. That's what I've done for the last 6 months. So, I quit.
And while I too am losing money value to inflation, at least I know I'm not being played voluntarily by the FED/gamemakers. And that's a small victory. If Obama gets re-elected, you can kiss this economy goodbye. That's what the puppet-masters are engineering. I won't buy into this bogus prop-up, even if SPY sets a new all-time high before the election.
It is so blatantly obvious that Obama is their main horse. How does a guy who did nothing his first year get the Nobel Peace Prize, if not to try to deify him? It's just pathetic how low these pukes will stoop to push their agenda.
I am trading in a paper money account, strictly for fun and to try out my investment/gambling ideas.
It's much better losing thousands on paper, than for real. Fun even!
MF4
C'mon! Rick Perry? Really? Jeez. So, you think I'm an idiot? Thanks Bladerimmer. Love you too!
MF4
And of course my brilliant observation worth 30 points in 24 hours on AAPL was done with no skin in the game. I hope somebody made some money on this.
MF4
I bought a bunch of shares for 7 cents. I can't believe I was smart enough to sell them for 6 cents a few weeks later.
MF4
If they read these, they probably just laugh at how little we can do about it.
MF4
Taking AAPL below 600 is a ploy to flush the weak hands, so the crooks can load up cheap, before they run it up to 700 on earnings.
MF4
Yes, it seems the Cortex rocket ship has Stalled ever since Stoll has been at mission control.
MF4
Haysaw,
A brilliant, peotic masterpiece. Bravo!
I had made an off-handed comment some years ago, that CORX was the creation of some mafia type shell gamers, whose entire plan was to sell shares to an unsuspecting public of a bogus company with prospects for huge success.
As time passes, the scenario becomes more and more likely,
MF4
Hahahahaha. How appropos
MF4
Here's the update:
Dear Shareholders. We continue to persue partnering and development opportunities with our Ampakine franchise. As of this moment, we haven't received any responses to our phone call messages. But, we continue to wait patiently for something to fall into our lap.
During the wait, we continue to keep our employees active and involved with our inclusion exercises involving internet poker, and other things.
Sincerely,
MV
Big,
I might be willing to try that? Let me know when you see the stars aligning. Kind of glad to live my life not even checking the market some days. Much better this way,
MF4
The logic is sound, but what will be the trigger for the start of this great sell-off?
It has already happened. After being short for 6 months (long SDS), I finally capitulated last Monday, April 2nd, after I was forced to cover short 200 SPY due to an option assignment over the weekend. I have been playing this trade for 6 months, hoping to cover on a Monday huge gap down. That never happened. Only shallow pullbacks that were bought. So, in a fit of poor discipline, I sold the SDS too.
When I threw in the towel and sold most of my SDS at an extreme loss, that was the trigger. If you look at the charts, you can see I tell the truth.
I figured The Bernanke would continue to prop up the market, and Monday morning's action seemed to confirm it. of course, I should have waited another hour, and I probably would have realized the market fund buying ceased at the end of March. But, of course the market gods waited until I had declared and played my hand before they decided they could finally let the market drop, once my ability to profit had been eliminated.
But, life is great, and I am happy for the many blessings I do have,
MF4
OMG, Lilly, a BP, has gotten approval from the FDA for something. Shocking! Big pharma must pull the FDA's strings.
CORX's biggest problem, aside from incompetent management, is that they never partnered with one of the FDA darlings.
The United States is corruption to high heaven.
MF4
GFP,
SLV has been dead money for a very long time. Unfortunately, when it moves, it's likely to be real steep and quick and when I'm busy, not paying attention.
MF4
That sounds about right. They'll probably engineer a stock market rally to new highs starting in May, right after they engineer a "sell in May" buying opportunity.
Gotta have the market at new highs by November, so the idiot sheeple will re-elect the Manchurian Candidate. This will complete the full destruction of the greatest military power without a shot being fired on homeland soil.
Can somebody please explain to me why BO is supposedly so popular, that his re-election is a shoo-in? What has he done?
Bin Laden was manufactured by the CIA to force the Patriot Act. OBL was dead by 2003, and they planted him in Pakistan to bolster BO's ratings. I can't believe the populace can still be stupid enough to buy all of this BS. Please tell me there is some sanity left in this world?
MF4
On Monday,
After waking up to the ten thousandth engineered Monday pre-market selloff and instant rally in a row, I covered my SPY short for the last time and liquidated most of my positions. I also sold most of my SDS, which I had ridden down from $23 to under $15.
I have a knack for selling bottoms and buying tops. True to form, it looks like the long overdue selloff may be occurring now, instead of May, which I was figuring. What else is new?
Had enough of the BS. Mostly in cash and SLV and GLD calls, which of course are getting whacked today. Should have sold those too. Won't take the pain, if you don't play the game. Have fun with this joke game,
MF4
GFP,
It's amazing that I'm at a point of awareness that I see dominance of the "American imperialism" as a negative thing. I'm patriotic, but I also recognize that the cabal using the US military might is doing so to enforce their unAmerican goals and not protecting our borders on any level.
The US has become "the great satan" during my lifetime. I'm actually glad that Russia and China have enough strength to keep the cabal in some sort of check.
I suppose no single entity (other than satan) will ever be able to gain total control because there will always be somebody hungrier that will try to take over. And greedy *ucks like that will always be kept busy watching their own backs. I love the karma of that!
MF4
Obama got caught with an open mic telling Russian President (?) Medeyev, to "just wait until I start my second term. I'll have much more flexibility (to give you our military advantage and secrets)"
Hardly a peep about it from the liberal media. This guy's a traitor, and nobody seems to be awake. What is happening here? Are we too dumbed-down and broke to care?
MF4
GFP,
I give up. Waiting and positioned for a correction for 4 months. Finally get one today and TVIX is down 15%. WTF? It should be up 15%. More shenanigans from those "in the know".
I've had it with this manipulated market. Surprise FED moves, Bernanke bucks, POMO, unexpected phantom moves from ETF creators, CORX FDA fiasco, FP going BK overninght, Nevergreen Solar, on and on.......
I always seem to be on the losing side of every move I make. I'm done. Let the theives have their day. I'll build a nice seat to watch Jesus kick their asses soon. Looking forward to that one.
MF4