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brmsam

brmsam
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  • Overbought And Oversold ETFs [View article]
    Major,
    You've posed a fair question. I'd also like to point out that even if it were a valid indicator in a typical market, this market, having just been juiced by QE3, is in no way typical.

    I fully expect SLV and GLD to widen the gap from their respective 50 DMA.
    Sep 13 08:50 PM | Likes Like |Link to Comment
  • Unemployment Numbers Give No Breathing Space For The Fed [View article]
    That mean duration of unemployment chart is very telling. That's what happens when the government grants endless benefits for nothing in return. I know, my brother is one of them. There's no incentive for many to work.

    In theory, I believe in some level of unemployment aid. However, something seems amiss about paying masses of people to be unproductive. That's what America is going to become soon, one heaping blob of unproductiveness. We are going to just erode away slowly and wonder one day why we are no longer a superpower. Sometimes I think the only way we'll be shocked into accepting the medicine we need is to be invaded on our own soil. Short of that I'm not certain we have the fortitude to turn it around. Big government, small (and weak) country.
    Sep 9 10:56 PM | Likes Like |Link to Comment
  • Jim Rogers: Commodity Bull Market Has No End In Sight [View article]
    Happy,
    Why not edit the comment and remove the irrelevant paragraph?
    Sep 5 12:20 AM | Likes Like |Link to Comment
  • Why The Market Feels Like It Is Topping Out [View article]
    Bret,
    I'd feel the same as you if I was long DE and SPLS today. Perhaps you're just not making the right choices.
    Aug 16 12:02 AM | Likes Like |Link to Comment
  • Is It Possible To Make Money By Following Corporate Insider Stock Purchases? [View article]
    Insider purchases can be meaningful but insider sales are not a good indicator and too much is made of them. Insiders sell based on predetermined plans (10b5 plans) that they put in place well before the actual trades are executed. Most of the insiders have a high concentration of their company's stock and initiate these plans to systematically diversify their wealth. It has nothing to do with the direction of the company.
    Aug 9 10:31 PM | Likes Like |Link to Comment
  • Grab Best Buy: The 'Downside' Is A Quick 30% Profit [View article]
    Tell me why Best Buy is not Circuit City revisited?
    Aug 9 10:26 PM | 1 Like Like |Link to Comment
  • Don't Miss Out On These 2 Hot Tech Stocks [View article]
    I agree with charles6767 and would like to hear more from Grampoptemp. I'm making plenty of mistakes now and need some hope:)
    May 23 09:38 PM | Likes Like |Link to Comment
  • Apple At $530: Nothing Has Fundamentally Changed [View article]
    I think selling put spreads here is the play to pocket some change if AAPL looks to move sideways for a while. Thoughts?
    May 21 08:35 PM | Likes Like |Link to Comment
  • 3 Stocks To Buy In May And Tuck Away [View article]
    How convicted are you about CF? I'm long August options but getting concerned. I expected a fairly quick recovery since I think the selloff is unwarranted but it keeps heading lower.
    May 10 09:03 PM | Likes Like |Link to Comment
  • 5 Bargain Stocks With Major EPS Growth: 4 To Buy, 1 To Avoid [View article]
    David,
    I am long options on CF and added to my position after they pulled back on earnings and have been convicted for some time. However, I'm starting to get a little concerned. I am perplexed that it hasn't found a bottom yet. What's your conviction level on CF and when it bottoms do you think it'll be a quick recovery above $190?
    May 10 09:00 PM | Likes Like |Link to Comment
  • Western Digital: Highest Returning Protected Covered Call For A Value Company [View article]
    Are you long the stock in this strategy?
    May 9 10:45 PM | Likes Like |Link to Comment
  • The Real Way Apple Can Make You 'Wealthy' [View article]
    For whatever reason (mostly psychological I think) I havemostly been a buyer of options (generally ITM calls). I have had many wins but the few losses have eaten up much of my profits. My problem is not knowing when to exit the trade. I get greedy and hold profitable positions too long then get caught on a drop. Or I am stubborn and don't exit an unprofitable soon enough. In hindsight, most of my major mistakes have been holding when I should have sold. My other primary downfall is taking on too much risk. I am beginning to transition to being more of a seller than buyer of options.
    May 1 12:06 AM | Likes Like |Link to Comment
  • The Real Way Apple Can Make You 'Wealthy' [View article]
    Thanks for the feedback. I would normally sell puts short term and buy calls for the longer term for the reasons you've stated but I think I went longer term on these puts because I think there a greater chance AAPL pulls back in the short term than in the long term. I guess that I just have a strong conviction that AAPL will be above $600 at some point between now and the end of the year (even if there are some near-term pullbacks) and I can close the trade out profitably. If AAPL plummets in the near-term it will be an excruciating experience. I agree with that. We'll see how it goes.
    Apr 30 11:43 PM | Likes Like |Link to Comment
  • The Real Way Apple Can Make You 'Wealthy' [View article]
    I bought AAPL on the pullback before earnings and sold after earnings because I didn't want to allocate such a large portion of my trading account to AAPL. Then I sold Jan 13 575/600 bull put spreads for a credit of $12k. Max risk is about $12k. I like the trade. Thoughts?
    Apr 30 10:28 PM | Likes Like |Link to Comment
  • CF Industries Makes A New High, And Keeps Going Higher [View article]
    Chris,
    Thanks for your detailed response. It seems odd to me why CF management is planning to release earnings the night before the call, especially if there are nuances that need explained. Why not release in the AM?
    Apr 28 11:04 PM | Likes Like |Link to Comment
COMMENTS STATS
47 Comments
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