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Good News Everyone!
The recession is over! Let's ignore the couple of trillions of dollars that's been injected into the economy and the destruction of the dollar vs other currencies. Also, it looks like the indexes are forming a risi… -
Daily P&L
43% portfolio gain in a single day... Obviously not like this every day, but these days are pretty nice :D. Note that the % losses are on the long leg of the spread, since they're all bear call spreads, which is perfe… -
DJIA 10k
Just wanted to mark this momentous occasion... I'm actually 100% short with bear call spreads and doing quite well with theta burn on my side, despite the rising market. Next week should be intense... I'm still expe… -
Some Market Notes
Haven't really talked about the stock market lately, so here's a few thoughts. I mostly follow the S&P 500 these days, since it's more accurate and predictable than the DJIA (which is pretty useless since it's a pri… -
Some Amusing Satire
RECORD 75 MILLION AMERICANS NOW PRETENDING THEY OWN THEIR OWN HOMES Low Interest Rates Help Many Fulfill The American (Banker's) Dream Minneapolis, Minn. (SatireWire.com) — Showing no ill effects from a weak ec… -
Second Stimulus
More talk of a second stimulus... Perhaps by the end of October this year? Just a thought. -
Unemployment Records
Michigan again reported the highest jobless rate, 14.1 percent in May. The states with the next highest rates were Oregon, 12.4 percent; Rhode Island and South Carolina, 12.1 percent each; California, 11.5 percent; Nevad… -
How Much Has the "Recovery Plan" Had an Effect on Unemployment?
You be the judge. -
Infuriating
Shirley Breitmaier’s mortgage payment started out at $98 when she refinanced her three-bedroom home in Galt, California, in 2007. The 73-year-old widow may see it jump to $3,500 a month in two years. Breitmai… -
Predictions for 09 Recap
Since we're almost half way through this year, and just for fun, let's see how my predictions from the start of the year fared: Some predictions for 2009.... Just because everyone else is doing it. Starting with some ob…
Recent Weblogs
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VIX
Closed out my VIX DEC 30 calls. Entered at $1.35, ... -
Market Follow-Up
Market rallied yesterday on Q3 GDP numbers, revers... -
Good News Everyone!
The recession is over! Let's ignore the coupl...
