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Filter Exchange · Option question...
crunkle
msg #91468
4/21/2010 12:33:38 AM

First are you a buyer or a seller? The strike price of an option can be considered a measurement of risk vs. reward. The cheaper the option, the more likely it is to expire worthless. I've read where somewhere around 80% of all options expire out of the money. Great for sellers, not so good for buyers. It's like betting on the longshot at the race track. Most of the time you tear up your tickets. Once in a blue moon though..............

On the other hand, an in the money option can be a good proxy for a stock. Not too many of us can buy $275,000 of Google but I could afford to control that much stock with the purchase of 5 calls.

In any case, like the posts above say, there is no one answer. The same option could be used in multiple ways by different traders, depending on what they are trying to do.

General Discussion · Swing Trading Ideas and methods
crunkle
msg #91431
modified
4/20/2010 11:47:31 AM

Refiners all bouncing today - VLO, TSO. FTO. Potential 5-10% moves over the next few days. Seasonal factors at work here also. The period between mid-April and mid-May is historically a strong one as they push out gas for the summer driving season.

General Discussion · JOKES
crunkle
msg #91270
4/16/2010 11:52:17 AM



Here's a prime example of 'Men Are From Mars, Women Are From Venus' offered by an English professor from the University of Phoenix .

The professor told his class one day, 'Today we will experiment with a new form called the tandem story. The process is simple. Each person will pair off with the person sitting to his or her immediate right. As homework tonight, one of you will write the first paragraph of a short story. You will e-mail your partner that paragraph and send another copy to me. The partner will read the first paragraph and then add another paragraph to the story and send it back, also sending another copy to me. The first person will then add a third paragraph, and so on back-and-forth. Remember to re-read what has been written each time in order to keep the story coherent. There is to be absolutely NO talking outside of the e-mails and anything you wish to say must be written in the e-mail. The story is over when both agree a conclusion has been reached.'

The following was actually turned in by two of his English students: Rebecca and Gary.

-------------------------------------------

(first paragraph by Rebecca)

At first, Laurie couldn't decide which kind of tea she wanted. The chamomile, which used to be her favorite for lazy evenings at home, now reminded her too much of Carl, who once said, in happier times, that he liked chamomile. But she felt she must now, at all costs, keep her mind off Carl. His possessiveness was suffocating, and if she thought about him too much her asthma started acting up again. So chamomile was out of the question.


(second paragraph by Gary )

Meanwhile, Advance Sergeant Carl Harris, leader of the attack squadron now in orbit over Skylon 4, had more important things to think about than the neuroses of an air-headed asthmatic bimbo named Laurie with whom he had spent one sweaty night over a year ago. 'A.S. Harris to Geostation 17,' he said into his transgalactic communicator. 'Polar orbit established. No sign of resistance so far...' But before he could sign off a bluish particle beam flashed out of nowhere and blasted a hole through his ship's cargo bay. The jolt from the direct hit sent him flying out of his seat and across the cockpit.


(Rebecca)

He bumped his head and died almost immediately, but not before he felt one last pang of regret for psychically brutalizing the one woman who had ever had feelings for him. Soon afterwards, Earth stopped its pointless hostilities towards the peaceful farmers of Skylon 4. 'Congress Passes Law Permanently Abolishing War and Space Travel,' Laurie read in her newspaper one morning. The news simultaneously excited her and bored her. She stared out the window, dreaming of her youth, when the days had passed unhurriedly and carefree, with no newspaper to read, no television to distract her from her sense of innocent wonder at all the beautiful things around her. 'Why must one lose one's innocence to become a woman?' she wondered wistfully..

( Gary )

Little did she know, but she had less than 10 seconds to live. Thousands of miles above the city, the Anu'udrian mothership launched the first of its lithium fusion missiles. The dim-witted wimpy peaceniks who pushed the
Unilateral Aerospace disarmament Treaty through the congress had left Earth a defenseless target for the hostile alien empires who were determined to destroy the human race. Within two hours after the passage of the treaty the Anu'udrian ships were on course for Earth, carrying enough firepower to pulverize the entire planet. With no one to stop them, they swiftly initiated their diabolical plan.. The lithium fusion missile entered the atmosphere unimpeded. The President, in his top-secret mobile submarine headquarters on the ocean floor off the coast of Guam , felt the
inconceivably massive explosion, which vaporized poor, stupid Laurie.

(Rebecca)

This is absurd. I refuse to continue this mockery of literature. My writing partner is a violent, chauvinistic semi-literate adolescent.

( Gary )

Yeah? Well, my writing partner is a self-centered tedious neurotic whose attempts at writing are the literary equivalent of Valium. 'Oh, shall I have chamomile tea? Or shall I have some other sort of F****** TEA??? Oh no, what am I to do? I'm such an air headed bimbo who reads too many Danielle Steele novels!'

(Rebecca)

A**hole

( Gary )

Bitch!

(Rebecca)

F*** YOU - YOU NEANDERTHAL!


( Gary )

Go drink some tea - whore.


(TEACHER)


A+ I really liked this one.




General Discussion · How to Swing Trade
crunkle
msg #91239
4/15/2010 11:21:45 PM

Just my opinion - successful trading is about 10% stock selection and about 90% trade management. Theoretically you could tape the Wall Street Journal to a wall, select stocks by throwing darts at the stock tables, flip a coin to decide whether to go long or short and still make money if you manage your trades properly. Cut your losses and let your profits run.

I've never had a problem entering a trade. For years the most difficult part of my trading was deciding when to exit a position. I'd get out of my losing trades too late and my profitable trades too soon. Took a long, long time (and many $$$ lost) to come up with a system that works for me - at least a good part of the time.

General Discussion · JOKES
crunkle
msg #89437
modified
3/11/2010 3:38:55 PM

A month of Rodney Dangerfield

February 1
I tell ya, with my wife I got no sex life. Just when I get going, she wakes up.

February 2
I`m trying a new diet now. The diet is Viagra and prune juice. I tell ya, I don`t know if I`m coming or going.

February 3
Oh, I was an ugly kid. My old man took me to the zoo. They thanked him for returning me.

February 4
I don`t get no respect. I joined Gambler`s Anonymous. They gave me two to one I don`t make it.

February 5
I tell ya, blind dates never work out. I had a blind date. The girl, she showed up, she was pregnant. What do ya say to a girl that`s pregnant? What have you been doing lately? And she told me she had a fight with her boyfriend. I said, "Look, you tell your boyfriend next time you fight, he should knock you down."

February 6
I tell ya, my wife, she likes to talk during sex. The other night she called me from a motel.

February 7
I tell ya, I come from a tough neighborhood. Why, just last week some guy pulled a knife on me. I could see it wasn`t a real professional job. There was butter on it.

February 8
I get no respect. I was crossing the street. I got hit by a mobile library. I was lying there in pain, screaming. The guy looked at me. He went, "Shhhh."

February 9
I tell ya, I`m not a sexy guy. I was with one girl, I said to her, "Come on honey, I`ll show ya where it`s at." She said, "You`d better, `cause the last time I couldn`t find it."

February 10
Last Christmas I got no respect. I gave my kid a BB gun. He gave me a sweatshirt with a bullseye in the back!

February 11
I tell ya, a lot of people are in bad shape. A guy stopped me in the street the other day. He told me he hasn`t eaten in five days. I told him, I said, "I wish I had your will power."

February 12
With my wife I don't get no respect. When I had diabetes she kept sending me candy grams.

February 13
I don't get no respect. I called Suicide Prevention. They tried to talk me into it.

February 14
I don't get no respect. I told my psychiatrist I got suicidal tendencies. He said from now on I have to pay in advance.

February 15
Hey , I don't get respect from anyone. Why, American Airlines, they thanked me for flying United.

February 16
I tell ya when I fly, I don't get no respect. I took one of those cheap flights, no frills. I finished eatin and had to do the dishes.

February 17
I tell ya when I fly I got no confidence in the pilot. When he makes a left turn he puts his hand out.

February 18
I tell ya I get no respect from anyone. I bought a cemetary plot. The guy said, "There goes the neighborhood!"

February 19
I get no respect at all. I donated to a sperm bank. Now I'm the father of three puppies.

February 20
I get no respect. This last week my tie was on fire. Some guy tried to put it out with an ax!

February 21
It was the same thing in the army, no respect. They gave me a uniform that glowed in the dark.

February 22
When I was a kid I got no respect. The time I was lost on the beach and the cop helped me look for my parents I said, "Do you think we'll find them?" He said, "I don't know, kid, there's so many places they could hide."

February 23
I tellin ya I get no respect. When I was in Switzerland, I got an obscene yodel.

February 24
Last Christmas I got no respect. In my stocking, I got an Odor-Eater.

February 25
I tell ya I get no respect. I told my dentist to put in a new tooth to match my other teeth. He put in a tooth with four cavities.

February 26
With my wife I get no respect. I took her to a drive-in movie. I spent the whole night tryin to find out what car she was in.

February 27
With my wife I don't get no respect. She told me when we have sex, that's the only time I make her laugh.

February 28
With my wife I don't get no respect. I bought a used car. And found my wife's dress in the back seat.


General Discussion · POLITICS GOES HERE
crunkle
msg #89435
3/11/2010 3:18:18 PM

Link to video file - Obama at the bat.

http://www.floppingaces.net/2010/03/07/obama-at-the-bat



General Discussion · POLITICS GOES HERE
crunkle
msg #89309
3/9/2010 8:54:05 AM

"I'm 63 and I'm Tired".
By Robert A. Hall (a USMC veteran)

I'm 63. Except for one semester in college when jobs were scarce and a six-month period when I was between jobs, I was job-hunting every day, I've worked, hard, since I was 18. Despite some health challenges, I still put in 50-hour weeks, and haven't called in sick in seven or eight years. I make a good salary, but I didn't inherit my job or my income, and I worked to get where I am. Given the economy, there's no retirement in sight, and I'm tired. Very tired.


I'm tired of being told that I have to "spread the wealth" to people who don't have my work ethic. I'm tired of being told the government will take the money I earned, by force if necessary, and give it to people too lazy to earn it.


I'm tired of being told that I have to pay more taxes to "keep people in their homes." Sure, if they lost their jobs or got sick, I'm willing to help. But if they bought McMansions at three times the price of our paid-off, $250,000 condo, on one-third of my salary, then let the left-wing Congress-critters who passed Fannie and Freddie and the Community Reinvestment Act that created the bubble help them with their own money.


I'm tired of being told how bad America is by left-wing millionaires like Michael Moore, George Soros and Hollywood entertainers who live in luxury because of the opportunities America offers. In thirty years, if they get their way, the United States will have the economy of Zimbabwe, the freedom of the press of China, the crime and violence of Mexico, the tolerance for Christian people of Iran, and the freedom of speech of Venezuela.


I'm tired of being told that Islam is a "Religion of Peace," when every day I can read dozens of stories of Muslim men killing their sisters, wives and daughters for their family "honor"; of Muslims rioting over some slight offense; of Muslims murdering Christian and Jews because they aren't "believers"; of Muslims burning schools for girls; of Muslims stoning teenage rape victims to death for "adultery"; of Muslims mutilating the genitals of little girls; all in the name of Allah, because the Qur'an and Shari'a law tells them to.


I'm tired of being told that "race doesn't matter" in the post-racial world of Obama, when it's all that matters in affirmative action jobs, lower college admission and graduation standards for minorities (harming them the most), government contract set-asides, tolerance for the ghetto culture of violence and fatherless children that hurts minorities more than anyone, and in the appointment of U.S. Senators from Illinois.


I think it's very cool that we have a black president and that a black child is doing her homework at the desk where Lincoln wrote the Emancipation Proclamation. I just wish the black president was Condi Rice, or someone who believes more in freedom and the individual and less arrogantly of an all-knowing government.


I'm tired of a news media that thinks Bush's fundraising and inaugural expenses were obscene, but that think Obama's, at triple the cost, were wonderful; that thinks Bush exercising daily was a waste of presidential time, but Obama exercising is a great example for the public to control weight and stress; that picked over every line of Bush's military records, but never demanded that Kerry release his; that slammed Palin, with two years as governor, for being too inexperienced for VP, but touted Obama with three years as senator as potentially the best president ever. Wonder why people are dropping their subscriptions or switching to Fox News? Get a clue. I didn't vote for Bush in 2000, but the media and Kerry drove me to his camp in 2004.


I'm tired of being told that out of "tolerance for other cultures" we must let Saudi Arabia use our oil money to fund mosques and madrassa Islamic schools to preach hate in America, while no American group is allowed to fund a church, synagogue or religious school in Saudi Arabia to teach love and tolerance.


I'm tired of being told I must lower my living standard to fight global warming, which no one is allowed to debate. My wife and I live in a two-bedroom apartment and carpool together five miles to our jobs. We also own a three-bedroom condo where our daughter and granddaughter live. Our carbon footprint is about 5% of Al Gore's, and if you're greener than Gore, you're green enough.


I'm tired of being told that drug addicts have a disease, and I must help support and treat them, and pay for the damage they do. Did a giant germ rush out of a dark alley, grab them, and stuff white powder up their noses while they tried to fight it off? I don't think Gay people choose to be Gay, but I damn sure think druggies chose to take drugs. And I'm tired of harassment from cool people treating me like a freak when I tell them I never tried marijuana.


I'm tired of illegal aliens being called "undocumented workers," especially the ones who aren't working, but are living on welfare or crime. What's next? Calling drug dealers, "Undocumented Pharmacists"? And, no, I'm not against Hispanics. Most of them are Catholic, and it's been a few hundred years since Catholics wanted to kill me for my religion. I'm willing to fast track for citizenship any Hispanic person, who can speak English, doesn't have a criminal record and who is self-supporting without family on welfare, or who serves honorably for three years in our military.... Those are the citizens we need.


I'm tired of latte liberals and journalists, who would never wear the uniform of the Republic themselves, or let their entitlement-handicapped kids near a recruiting station, trashing our military. They and their kids can sit at home, never having to make split-second decisions under life and death circumstances, and bad mouth better people than themselves. Do bad things happen in war? You bet. Do our troops sometimes misbehave? Sure. Does this compare with the atrocities that were the policy of our enemies for the last fifty years and still are? Not even close. So here's the deal. I'll let myself be subjected to all the humiliation and abuse that was heaped on terrorists at Abu Ghraib or Gitmo, and the critics can let themselves be subject to captivity by the Muslims, who tortured and beheaded Daniel Pearl in Pakistan, or the Muslims who tortured and murdered Marine Lt. Col. William Higgins in Lebanon, or the Muslims who ran the blood-spattered Al Qaeda torture rooms our troops found in Iraq, or the Muslims who cut off the heads of schoolgirls in Indonesia, because the girls were Christian. Then we'll compare notes. British and American soldiers are the only troops in history that civilians came to for help and handouts, instead of hiding from in fear.


I'm tired of people telling me that their party has a corner on virtue and the other party has a corner on corruption. Read the papers; bums are bipartisan. And I'm tired of people telling me we need bipartisanship. I live in Illinois, where the "Illinois Combine" of Democrats has worked to loot the public for years. Not to mention the tax cheats in Obama's cabinet.


I'm tired of hearing wealthy athletes, entertainers and politicians of both parties talking about innocent mistakes, stupid mistakes or youthful mistakes, when we all know they think their only mistake was getting caught. I'm tired of people with a sense of entitlement, rich or poor.


Speaking of poor, I'm tired of hearing people with air-conditioned homes, color TVs and two cars called poor. The majority of Americans didn't have that in 1970, but we didn't know we were "poor." The poverty pimps have to keep changing the definition of poor to keep the dollars flowing.


I'm real tired of people who don't take responsibility for their lives and actions. I'm tired of hearing them blame the government, or discrimination or big-whatever for their problems.


Yes, I'm damn tired. But I'm also glad to be 63. Because, mostly, I'm not going to have to see the world these people are making. I'm just sorry for my granddaughter.


Robert A. Hall is a Marine Vietnam veteran who served five terms in the Massachusetts State Senate.





General Discussion · JOKES
crunkle
msg #88980
modified
3/2/2010 10:45:20 PM

One morning four Catholic men and a Catholic woman were sipping coffee at the diner.

The first Catholic man said, "you know, my son is a priest and whenever he walks into a room people stand up and say ' Oh,Father'.

The second man said, "my son is a bishop and when he walks into a room people stand up and say Oh, Your Grace'.

The third man said, "my son is a cardinal and when he walks in people stand and say , Oh,Your Eminence'.

Man #4 said, "my son is the pope and when he walk in the room people stand up and say "Oh, Your Holiness'.

The four men then all looked over at the woman as if to say well.........

The woman took a moment while she looked them over and then said "I don't have any sons, but I do have a daughter. Her measurements are 38 - 24 - 36 and she's drop-dead georgeous. When she walks into a room people stand up and say 'Oh My God'

General Discussion · JOKES
crunkle
msg #88979
3/2/2010 9:54:13 PM

How about a little Rodney Dangerfield:

"My uncle got arrested for sodomy. Good thing he knew the judge - he got the charges reduced to tailgaiting."

"I looked into my daughters high school yearbook. She's been voted most likely to conceive."

A hooker told me "not on the first date!"

General Discussion · POLITICS GOES HERE
crunkle
msg #88022
modified
2/9/2010 7:30:31 PM

I think everyone would agree that we should care for people who CAN'T care for themselves. The problem is caring for people who CAN - BUT WON'T care for themselves.

The doctor never said he shouldn't or wouldn't perform his medical duties. He was treating the patient. His point was that we shouldn't be forced (through taxes) to pay for the medical care of those who are able to afford insurance or pay for their own treatment but irresponsibly choose not to and instead indulge themselves.

By the way, nothing in the letter mentioned the doctor’s race either.


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