misterchan

Time to Put the Banks in Place: Use Put Options to Purchase Stocks

Marco - Yes, this is a very good way to buy stock, but there is never an obligation to buy, since, at any time, the contract can be bought back to close or rolled out to another month. It would have been helpful to explain this in detail to people unfamiliar with the process.

The Latest Move by Chase Contradicts Testimony

Lots of applause for your accurate portrayal of Chase. Hopefully you will continue writing on this deplorable subject. Because voices such as yours are the gateway to change.

Two Financial ETFs to Watch This Week

I have not found the above info to be correct as regards holding various ETFs for up to a month or two. Many articles like this have been written, but the price direction of these vehicles remains intact and certainly does not suffer disintegration after one day or five, six or ten days or more. If price varies, it is only the average up/down swings which are seen in all stocks. The above advice would apply to someone who decided to hang on to an ETF of this type for a longer period of time, perhaps a year or two. They are certainly not candidates for longterm holding, but neither should they be shuffled back and forth every day. Which leads me to wonder whether the above contributor has actually traded these ETFs.

ProShares Short ETF Short-Term Capital Gains Distributions

To correct my statement above---- They ALL distribute. But ERX distributed 81 cents. If someone could spell out exactly how to present these monetary tragedies on the income tax form, it would be very helpful. For instance, DXD is a short term cap gain and after reading for a couple of hours, I still can't figure out how to put these things on my tax return. So please help.

ProShares Short ETF Short-Term Capital Gains Distributions

I thought I was the only stupid one, having been involved in the market for many years and never knowing anything about these distributions. So all of you have made me feel a little bit better. In return, here's a suggestion. How about looking at ETF'S that do NOT distribute? TZA inverse re small caps and ERX, long oil. I own both of them and I write calls. Of course, I also own DXD and one day before SDS went ex, I wrote a put. Well, what can we do to make things more fair?

Today's True Safe Haven Investments

Chrisrakias - If you put that guy in jail, I will bail him out. Because on Fri., I made a respectable profit trading SWC. That is the approach to take with SWC. I have been trading it for quite a long time. Also, it is at the bottom of its trading range. Not much risk.

Ominous for the Globe but Good News for Oil Bulls

To quote George Gershwin, "Our love (Ifor oil) is here to stay."

Cal-Maine Foods: Ready to Cook

Great article, Faisal. I presently hold CALM and have previously traded it quite a few times. It is a star performer in my portfolio. Actually, it is the ONLY star performer in my portfolio. What a beautiful stock! I buy a lot of eggs, so if anyone sees them for $2.00 a dozen, let me know where. They are about $3.00 and up, except when they are a "leader" in a weekly supermarket ad. The bottom line is - I have made a substantial profit in CALM at a time when everything else I hold is suffering. And on a day like today when the market is falling apart, it's nice to be able to look at that symbol and stay calm.

Five Stocks to Own Now that the Dow Has Bottomed

All of us who have read this excuse for an informative article have indeed reached the bottom as regards coherent, intelligent thinking. The ramblings of an idiot.

Oil and Gas: Perfect Investment Tsunami

Wonderful article. Thank you. Does your Tsunami strategy extend to coal? I look forward to a future article on this subject. As do many others.

Melnyk's Actions Will Only 'Delay the Inevitable' at Biovail

I agree with above comment, but wouldn't it be interesting if someone came to the rescue with a flea collar. Stranger things have happened on Wall St.

Why the Discrepancy Between Oil and Gold?

To Gerrele, I have heard that LOVE of money is the root of all evil. And it seems more logical to conclude that LACK of money is really the root of all evil. Just try getting along without it for a few weeks. So, on that basis, the ideal condition would be the comfort of not having to worry about not having enough money to be reasonably comfortable.

Why the Discrepancy Between Oil and Gold?

The above was for Poet Sam.

Why the Discrepancy Between Oil and Gold?

Gold is basically worth a lot. For instance, you can eat it, burn it, build with it and even smoke it. How? Any country in the world is, and will be, happy to accept gold as payment for food, coal and other heating items, lumber and all necessary building materials, and cigarettes, cigars and pipe tobacco. And as the dollar keeps declining, the people who pay with gold will eat like kings and the people who buy their dinner with dollars will have only one benefit - they will never have to worry about losing weight. As for oil, it benefits the entire population via corporations. But if a truck drove up to your house and deposited 100 barrels of oil in your front yard, could you eat it or build with it or burn it or smoke it? No. Utilization would only be available if you sold it for dollars, leaving you in the same condition as you were before. As the dollar falls, it buys less and less. That is why some people like to hold gold. It holds its value over time and is accepted allover the world.

Has Oil Production Reached a 'De Facto' Peak?

Jim, thanks for yet another great article.