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  • Options Trader: Which Way Wednesday? [View article]
    What do you think of a Vertical call spread on GLD, say 115-120?
    Only need to hold this level for 2 more weeks, get 30% gain.
    Dec 02 10:37 am |Rating: 0 0 |Link to Comment
  • Options Trader: Which Way Wednesday? [View article]
    What do you think of a Vertical call spread on GLD, say 115-120?
    Only need to hold this level for 2 more weeks, get 30% gain.
    Dec 02 10:37 am |Rating: 0 0 |Link to Comment
  • Why the Stock Market Should Crash [View article]
    This article has gotten way too much attention.

    But for the record, Charles is a "Perma-Bear". He wrote a book called "Survival Plus". This guy is burying money and canned goods in his backyard waiting for the apocalypse.

    It won't ever come, but that's fine for Charles. He'll keep finding scary numbers on the internet and showing them to us all. He'll keep mixing fact with pulp financial fiction to keep the pot stirring.

    This guy is a fiction writer of sorts on the side. Mostly, cheesy pulpy stuff fronting for his blog on which he collects "donations". I wouldn't listen to him. He is the worst kind of very lonely man who preys on your fears to draw you closer.

    Taking financial advice from a guy who wrote a book about 2 teenage boys crossing the country together? Please. Anybody who re-uses that plot to get a high page count, and your money, ought to be easy to avoid on your reading list.


    Nov 18 14:13 pm |Rating: +1 -3 |Link to Comment
  • Why the Stock Market Should Crash [View article]
    "bricki" is right.. These death forecasts are useless if you cannot say when.

    When has the housing market ever not been skewed by government involvement? Ever hear of the Community Reinvestment Act? People need to grow up and realize we have never had a perfectly competitive, government free economy.

    "Patterns repeat themselves, until they don't". - somebody
    Nov 16 13:46 pm |Rating: +20 -51 |Link to Comment
  • U.S. Housing Market Has Likely Bottomed [View article]
    I want so badly to be optimistic, but I just can't. What is "reservation demand" again? I have an ECON degree but missed that concept.
    Oct 13 16:12 pm |Rating: 0 0 |Link to Comment
  • 10 Bullish Option Spread Strategies [View article]
    Agree with naysayers here..
    There is a reason these Bull Spreads are so cheap to get into, low chance these stocks move up that high that fast in the dog days of summer.
    I have tried your strategy so many times only to see the stock trade sideways or down. As a matter of fact, I am holding your Bull Call Spread idea for USO from MAY 12 (seekingalpha.com/artic...)
    and losing money on it.

    Just saying.. this is a high risk strategy. My covered calls in WFC, BAC, and F are bringing me better sleep at night.

    May 18 10:33 am |Rating: 0 0 |Link to Comment
  • Options Trader: Thursday Outlook [View article]
    Were those GOOG 480 Calls? Or Puts? That thing looked scary at the close today. Still loving that WM strategy you outlined earlier.
    Jul 31 20:44 pm |Rating: 0 0 |Link to Comment
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