Archive for August, 2010

  • TIME TO RECHARGE THE BATTERIES, GET SOME FRESH AIR.
    Posted by on August 27th, 2010 at 10:00 am, Comments: 0

    Wife and I are hitting the road tomorrow in a cheap rental car for a week-long escape to the family cottage along the hard-scrabble shores [...]

  • ALWAYS BE READING AND LEARNING. YOU MIGHT GET A NEW TRADE IDEA.
    Posted by on August 24th, 2010 at 9:33 pm, Comments: 0

     I’m currently reading “Inside the House of Money,” by Steven Drobny. I’m only about 70 pages in, but it has already planted the seed of [...]

  • EDUCATE ME: WHY DO CONSUMERS GET FLEECED BY REBATES?
    Posted by on August 23rd, 2010 at 11:49 am, Comments: 0

    I’m convinced one of the greatest consumer scams going on today is rebating. The one thing I can’t figure out is how, exactly, we’re getting [...]

  • $VXX, MURPHY’S LAW, AND CHANGES TO THE STRATEGY
    Posted by on August 21st, 2010 at 9:23 am, Comments: 0

    If figures my first foray into an option strategy on $VXX would end this way. Since the middle of last week, $VXX appeared to be [...]

  • THE CHICAGO WAY. CAN YOU SMELL THE CHAMPAGNE AND HAIRSPRAY?
    Posted by on August 20th, 2010 at 1:26 pm, Comments: 0

    Image via Wikipedia We are so very lucky to have Rod Blagojevich living in our neighborhood. As such, we are treated to the sweet sweet [...]

  • Best Things I’ve Read this Week (Aug 13 – Aug 20)
    Posted by on August 20th, 2010 at 9:59 am, Comments: 0

    It is my attempt to share great blog/mainstream media posts I’ve read each week. One thing I’ve noticed, however, is that many of the great [...]

  • THE MOST PREDICTED MARKET CRASH IN HISTORY?
    Posted by on August 17th, 2010 at 8:45 am, Comments: 0

    I was reading an excellent piece by Steven Place on the Investing With Options site titled: “The Hindenburg Omen and Bad Statistics.” which inspired me to [...]

  • HINDENBURG OMEN OR SLOW NEWS DAY?
    Posted by on August 16th, 2010 at 9:19 am, Comments: 0

    Image via Wikipedia So lemme get this straight. Some newsletter writer in Florida in 1995 compiled a bunch of stats that coincided with a bunch [...]

  • Best Things I’ve Read this Week (Aug 6 – Aug 13)
    Posted by on August 13th, 2010 at 8:03 am, Comments: 0

    Volatility has been welcomed back to the markets this week. Meanwhile, I just keep reading. Here are some of the better things I’ve read since [...]

  • Is a $VXX ramp in the works? How my position will be adjusted if volatility continues to rise.
    Posted by on August 12th, 2010 at 2:42 pm, Comments: 0

    On Monday, it looked like a safe bet $VXX was going to continue its slow trickle down to my downside breakeven point around $19.95 and [...]