onewhatsbeendonebefore

onewhatsbeendonebefore
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  • Wall Street Breakfast: Must-Know News  [View article]
    If you want a postal service daily deliveries and well trained honest staff you have to pay for it.

    My only thoughts are that the PO should offer banking services. Plus become an Internet Service Provider with all the advertising 1 cent per click they would be back in the black with no need to deprive anyone of their jobs village post offices and pensions.

    We have watched in Britain as their PO has been almost destroyed by cut backs. You cannot look back to the future you must be innovative and think positively towards it.

    My LGN 3 month strangle out of the money formula has made 3% yesterday after every month since Jan 2011 giving me 30% Perhaps J P Morgan should be getting that sort of return with minimal risk and enough perhaps top bail them out without asking us to do there work for them
    Oct 3, 2012. 09:16 AM | 1 Like Like |Link to Comment
  • Bank Of America And 'The Pain Ahead'  [View article]
    The foreclosure book is still very over valued.

    Take a look at the number option contracts open and you can see for yourself the strangles are uppermost this means that everyone has no idea where this very over valued and very punished stock price is heading.
    Oct 2, 2012. 01:49 PM | Likes Like |Link to Comment
  • Bank Of America: Value Play  [View article]
    My play on strangles 3 months is no longer in my formula frame so I dislike this bank because of its deceiving and cheating ethics.

    See Bankofamericasux.com for details of inside its crumbling edifice.

    If Warren was any guide take a look at some of his broken investments in cars

    No I believe Warren is in uncharted territory and he is making losses.

    Best to stay away from the year 2000 pump and dumpers .
    Oct 1, 2012. 02:57 PM | Likes Like |Link to Comment
  • At Long Last, Sustained Signs Of A Housing Rebound - And An ETF To Play It  [View article]
    You can read all sorts of carefully considered stock viewpoints but I still return to

    What do I do to make substantial gains with as little risk as possible.

    If you feel the need to have a go at Housing stocks why bother with the ETF?

    Why not just punt a small amount into the options market like my successful LNG Facebook Barclay strangles 3 months out of the money less than 250 contracts more than 150 less than $2.00 on a limit joint order..

    It makes me 30% per month In July it made 68% this month it made 89%

    It is simple to operate and wont tie up your small investment of a max $1000 for the pair.

    I just love option strangles

    Share the wealth.
    Sep 30, 2012. 11:01 AM | Likes Like |Link to Comment
  • JPMorgan's Depositors Needn't Worry About Its Gambles  [View article]
    We in the UK have two failed banks both at the heart of the LIBOR fraud scandal and miss selling financial insurance products costing billions to recover.

    Barclays Bob Diamond (well named according to his pay and bonuses)
    Was forced out by public opinion only to be replaced by his subordinate who also masterminded these frauds.

    Royal Bank Of Scotland is currently being charged with MASSIVE fraud so bad that the resulting fines will be very much larger than the small some New York fined Barclays.

    Where will they find the money?

    Well it wont come from me because I removed all my investments out of UK last week.

    I suggest everyone does the same here in USA.

    Wouldnt that sort out the men from the boys
    Sep 30, 2012. 09:48 AM | Likes Like |Link to Comment
  • JPMorgan's Depositors Needn't Worry About Its Gambles  [View article]
    I have a successful formula you may like to try it out in theory first and if you agree try it out in practice. l.

    You may want to see what my overall plans are so here :

    I like stocks with serious publicity problems because they move in big jumps which is ideal for my strategy.

    Many years ago now at the dawn of the big crash I broke from my traditional plan and bet $1000 on Barclays Bank when it sank: 6 months later it rose 3985% and that was just a fluke.

    I played this plan for months before I took the plunge and that taught me a great deal about the interest in the OOM strangles. Most of them sink to start by as much as 20% I then bet more at that price but still keep the original and then both rise and I take my profits after 25% except for FB and LNG.

    The Formula

    Please do not ever vary from it as to do so will result in severe losses and lost trust.

    LNG 3 months strangle out of the money

    both put and call buys must be at a fixed limit order NEVER MARKET ORDERS

    The price of the pair must be below $2.50 the interest in the pair must not be less than 15 or more than 250. DO NOT INVEST any more than $1000 for each position This keeps you under the WALL STREET SHARK radar.

    Note Well if none are available DO NOT TRADE wait until the formula fits.

    Care in choosing your broker who must be made aware that any errors will be vigerously dealt with by your lawyers.

    Full diligence on the choice will save you many sleepless nights.

    Study Options stratagies from http://bit.ly/W3iwVb

    Read The Prince by Machiavelli

    The knowledge gained will change your perceptions on every aspect of life.

    As soon as you are satisfied that your gains are high enough (no geed here please) take the profits only for re investment on the next month's strangle

    If you are satisfied with your first few months theoretical success and feel ready to dip your toes into actual trading make certain that both trades are acted on at the same time exactly.

    Enjoy.
    Sep 30, 2012. 09:42 AM | Likes Like |Link to Comment
  • JPMorgan's Depositors Needn't Worry About Its Gambles  [View article]
    I totally agree with some of your observations but there is one thing that could be considered in the light of events.

    If you are say a renter and watch the housing market go through the roof in popularity and see your friends get on the Dream ticket You may feel that you are less of a person for not looking at the possibility of never paying dead money in rent ever again. A very strong incentive in the human spirit is self improvement. I have that trait on spades.

    That is why I was able to retire at the ripe old age of 48.

    Just as advertisers of the latest car rake in millions of people on leases that seem very good value at the time only to discover 36 months later that they have to sell their children to make the balloon payment.

    I watched every day on the TV as advertisers were offering 1% mortgages.

    Most renters were like moths to a flame in the wonderful opportunities of home ownership forgetting that once bought these people had to spend money on repairs property taxes and fees.

    If you have never bought a Luxury Cruise ship but everyone else is you would be very self disciplined not to get on board.

    Very few people even understand the terms and conditions of their credit card agreement . Do You?

    No these people were NOT gullible not at all. I put it to you

    Have you ever tried to buy a new car only to have your own car keys taken away to keep you captured feeling vulnerable and ill at ease during the 6 hour sales victimisations that regularly take place?

    These mortgagees were subjected to very strong professional sales/fraud tactics that even Warren Buffet would have a hard time getting out of.

    It simply isnt a fact that these buyers were greedy or feckless they were as most PONZI scheme customers promised the goodies and as per VERY USUAL American Commission sales people very well trained got their money and no one wants to find them and get them put in prison where they belong.

    Take a good hard look at Jamie Dimon. brought up in front of the regulators accused of using his highly intelligent wealthy clients money to invest against themselve. And No One Said That Was Wrong Illegal.

    But a few years ago DATEK online brokers did the same thing and got fined $330,000 THREE TIMES.

    So maybe you might like to think a little more kindly to those who have LOST EVERYTHING by believing in the much publicised AMERICAN DREAM.
    Sep 30, 2012. 09:39 AM | 1 Like Like |Link to Comment
  • "(The bank) denies the allegations and is entering into this settlement to eliminate the uncertainties, burden and expense of further protracted litigation," says Bank of America (BAC) regarding its settlement of claims relating to the Merrill Lynch acquisition. "Resolving this litigation removes uncertainty and risk and is best in the interests of our shareholders," says CEO Moynihan. (PR[View news story]
    Now my strangle on FB is up 35%

    Isnt life GREAT!!!

    SPREAD THE WEALTH.

    Questions? Straight answers

    Because

    I am not paid

    Not a Politician.
    Sep 28, 2012. 11:00 AM | Likes Like |Link to Comment
  • Bank of America (BAC) agrees to pay $2.43B to settle a class action lawsuit alleging the bank and certain officers made misleading statements surrounding the Merrill Lynch purchase. The settlement, along with DVA adjustments and a U.K. tax charge, are expected to negatively impact Q3 EPS by $0.28. Shares -0.8% premarket. (PR[View news story]
    BAC IS TOTAL NONESENSE

    My LNG strangle (the 5th time this month) is up 38% from yesterday

    Why waste time and money on bad banks moving up or down a fraction

    Its great I want to spread the word to make everyone RICH

    SPREAD THE WEALTH!!!
    Sep 28, 2012. 10:56 AM | Likes Like |Link to Comment
  • "(The bank) denies the allegations and is entering into this settlement to eliminate the uncertainties, burden and expense of further protracted litigation," says Bank of America (BAC) regarding its settlement of claims relating to the Merrill Lynch acquisition. "Resolving this litigation removes uncertainty and risk and is best in the interests of our shareholders," says CEO Moynihan. (PR[View news story]
    My LNG strangle (the 5th time this month) is up 38% from yesterday

    Why waste time and money on bad banks moving up or down a fraction

    Its great I want to spread the word to make everyone RICH

    SPREAD THE WEALTH!!!
    Sep 28, 2012. 10:54 AM | Likes Like |Link to Comment
  • JPMorgan Loss Could Be Next 'Shock' Event  [View article]
    Well the reported 5 bn loss is now in the area of 9 billion according to UK Daily Telegraph borrowed from Bloomberg News. I don't know if you remember Andersons accounts company being wiped out prior to the AIG and Bearsterns fiasco but at that time there were many reports of scary manipulating company accounting practices. Then the flood gates opened and I made 3968% on my Barclays 6 month strangle as the banks were bought up by big hidden syndicated operations mostly from the Fed,

    If Dimon is prepared to almost triple the losses publicly I think that he is doing a Hobbit by introducing lower losses gradually and attempting to spread the problem over time to avoid the inevitable destruction of the true President of the United States J P Morgan. As seen on youtube when JP himself was recorded as saying to Reagan oh shut up! during a very public speech.

    When JPM calls it a day then the whole rice paper pack of cards is going to collapse in a disaster on a massive scale.

    Ever wondered why our bankers are handing themselves huge millions in bonuses well this is the real reason,
    .

    They are terrified of losing their dominance but it seems to be on the cards. So a nice strangle on bank stocks is going to make every one the winner

    Especially ironic don't you think?
    Sep 28, 2012. 08:41 AM | 7 Likes Like |Link to Comment
  • 3 Caution Flags To Consider Before Buying Bank Of America  [View article]
    Why bother investing long it takes up capital on the hope of recovery when its competitors are free of most of BAC problems. Just do a small 3 month strangle out of the money no more interest than 250 no less than 150 priced at less than $2.

    I use that formula on LNG and every month I make 30% but you must invest under the radar no more than 1000 bucks for each leg.
    Sep 27, 2012. 08:19 PM | Likes Like |Link to Comment
  • 3 Caution Flags To Consider Before Buying Bank Of America  [View article]
    I see your point clearly what you may not have taken into consideration though is the facts that BAC has the largest financial burden on its foreclosure lists. It is HUGE. They bought my 150K mortgage for 5 cents total when they bought countrywide but there liabilities are VAST .
    Selling off profitable sections just to get mean and keen on their banking mandate is a recipe for disaster its like placing watered down gas in your tank it might look good on your credit card bill next month but the following month will see the cost of repair and even perhaps a new vehicle. Doesnt make sense to me to downsize now that the USA economy is improving. House prices in the worst ares are still 50% off the top so please take care out there.
    Sep 27, 2012. 08:15 PM | 1 Like Like |Link to Comment
  • 3 Caution Flags To Consider Before Buying Bank Of America  [View article]
    I think that most mortgage holders with BAC were like miner transfered from Countrywide bought for 4.6 billion and the values were considered at the time to be good. Now they are certainly not the values on BAC books are still over valued and when that becomes well understood the stock will take a 20% hit. Not worth the risk so cover any investments you may find that your cover is far cheaper and could if designed well make up for any loss in your portfolio.
    Sep 27, 2012. 08:04 PM | 1 Like Like |Link to Comment
  • JPMorgan Is Deeply Discounted And Ready To Soar Long Term  [View article]
    perhaps the 5 billion loss is not quite correct.London announced 9 billion and so if that is the case maybe more fallout will make JPM a little risky. If you must make a play then get that play covered with a nice 3 month strangle and maybe you could make more from that than investing long and possibly risking your shits.
    Sep 27, 2012. 08:00 PM | Likes Like |Link to Comment
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