That is one ballsy call. Considering the futures looked terrible ( down 125 on the Dow) when it was made. 127+ today ... Unity indeed. - PJ
I lost your email, my last laptop got riddled with virus and the hard drive crashed. I have since switched to a Mac and will never return to the PC ecosystem! If you still have mine shoot me an e-mail we can take this topic off board. I'm curious about your take on some current events. - PJ
Good to hear! Are these private companies your involved with or public ones your trading? Are you still in NSPH? That had a great run but seemed to of hit a wall lately. I'm being cautious with the AU/AG. This system, even broken, can stay in place for a while and if you convert to hard assets too fast you can screw yourself. I just know 10 years from now the coin is going to hold its worth a lot more than some money in a ROTH. - PJ
Good to hear from ya! How are you doing? Congrats on the Stanley Cup a few years back. Heart breaking way to lose a Cup but the Hawks were the better team that series. I got my payback last month vs the other Hawks.... another nail biter of a game!
You have anymore good books on option trading? I took some time off after getting burned by AMZN a while back. Re read the books you recommended last time and paper traded for 6 months until I stopped losing. Really started to look for patterns and how certain stocks traded. Got very comfortable with AAPL and have done well ( with calls and puts ) But always looking to learn more. - PJ
I'm pretty sure Tech was promoting Gold lower than 1800...I want to say 1400ish. The fact that gold has been manipulated lower is conspiracy fact. Should be much higher today. (Just look at all the naked shorting!) Compare the price of gold to the amount of currency dumped into the system and I think you will see it should be much higher. The Fed will never raise rates. As it is, the dollar is on a tear as other countries continue to print. Just a matter of time before the Fed starts EQ4. Then watch gold explode. It's not about being right today, it's about being right when you cash out.
As far as Tech goes, I've exchanged ideas with him for close to 4 years. He sticks to his convictions, I've always known him to he honest and articulate. He has made some great calls and far from crazy. Pretty sharp if you ask me. Both of you guys could of made money on the NFLX trade. It's all about the getting in and out at the right time. Most of this movement is for the big money to clean house on options. If you can read the options tea leaves you know what side of the trade to be on. - PJ
How are you doing buddy? All the news today sucked, Baltic Dry getting crushed but markets run up almost 300. Why? The whole thing is rigged man. I gave up a while ago and started playing AAPL long using your strategy ( but used calls ) Much more profitable. Taking the proceeds and buying physical AG/AU. Even though I think it tests the 950 mark first, so waiting to make a big purchase. CMG/NFLX/AMZN had some nice pull backs, I hope you capitalized and got out of the way. - PJ
p.s. - WHATSUP! Sibs!
I agree, but MARCH 20 is still a ways off. That leaves 6 trading days for (a) AAPL to get to a lower level before joining the DOW ( max positive effect on the DOW once it takes off ) and for those March 19 115 calls to expire worthless. Maybe I'm being greedy but I will hold off for 115-116 before getting back in. Thank you for the heads up @ 133ish. - PJ
Also noticed huge open interest on the March 115 calls and puts. Selling calls to buy cheap puts?? How are you interpreting that situation? - PJ