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  • techstrategy techstrategy Nov 19, 2012 6:42 PM Flag

    Thanks Sybs...

    I do appreciate perspective from you. My biggest positions remain undisclosed because I am testing whether my silent positions outperform the ones I post on these message boards. Right now, that seems to be the case. If that remains the case through end of month, you won't have to worry about verbose posts from me because I will cease to post at all on the message boards (not going to stop investing by any means -- things are playing out largely as I expected). I've learned from your trades / read of the technicals (and H/T tip Cash as well). But, at this point, I see little value in providing perspective for folks like NAS, GeeGee and Nem. I suspect that will leave you the target of the bashing... I'll always be happy to correspond via my Yahoo Mail account with those of you who have been decent and are genuinely trying to do the right thing (e.g. PJ)...

    Lastly, you are right that options will crush most people. I've had to learn the hard way. Taken some wild rides. For the record, what NAS was really trying to obscure was the fact that I called the trade that the option scalping algo trade had been playing -- beating Apple and Google down and holding AMZN up over the past few weeks. That's why AAPL and GOOG were up WAY more than AMZN today and will continue to show strength well beyond Amazon. I now understand the way the game is played pretty well and have learned to do with options what you do with the underlying... Buy after others get squeezed out and capitulate. But, the time element of it makes it much easier to screw up.

    Oh, by the way, Tiger apparently took at 9.9% stake in GRPN. Looks like one of the best seems to be seeing the same thing as I do. In the green and sitting on 100 Jan $2 call contracts.

    Have a good one.

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