<p>1st quarter GDP looked good. ;)</p>
<p>I see the S&P futures are up 1 point…</p>
<p>Expected 2.7%, actual 2.2%. That’s good?</p>
<p>Naz up because of Amazon I think.</p>
<p>Going to make a quick 2% return, pay my local taxes before May 1st, take a 2% discount…i wish they did this with my school tax bill,</p>
<p>Bc, i was being sarcastic,lol</p>
<p>The good news is that the $USD is tanking.</p>
<p>A nearby city had a tax lien auction for $6m in debt. Nine bidders showed up. The city sold zero of them. They tried to sell the whole package at first. No takers. Then they broke it up into 3 bundles. No takers. The problem is that many of the properties have tax bills that meet or exceed the values of the properties. So the city will have to come up with something else such as selling them individually. Obviously they would prefer to sell the bundle. I don’t know if they can sell the tax liens at a discount - there may be laws around which prevent that.</p>
<p>First time I read about tax liens was in Rich Dad, Poor Dad. He said that everyone should do them and that they are an easy way to make 10-20 percent. I read a little more on the internet and it appears that they can be dangerous vehicles - which is what you’d expect for that kind of return.</p>
<p>I think that most of the bidders were looking for places where the lien-to-value was low - they would take the lien, foreclose, clean the property up and resell it.</p>
<p>Medfield isn’t going to trounce the ARM competition. The high-end A9 and Krait processors are still faster. They still offer better power efficiency. Some of the ARM SoCs integrate better GPUs, too. But Medfield is just the first true Intel smartphone chip: future offerings will be faster and lower power. Medfield is still built using Intel’s 32 nm process. Next year, Intel will release Silvermont, using the company’s cutting-edge low-power 22 nm process. The year after will see Airmont on 14 nm.</p>
<p>These changes will slash power consumption and, critically, can’t easily be matched by the ARM vendors: Intel has a considerable process advantage over other chip fabricators, and will beat them to both 22 nm and 14 nm, probably by several years. These improvements threaten to turn Atom from a credible alternative to ARM—which Medfield is—to a class-leader.</p>
<p>For the longest time, Intel’s smartphone and tablet ambitions were but a pipe dream. They’re now a reality. Though eminently competent, the mid-range Medfield isn’t going to upset the smartphone market too much. But as a harbinger of things to come, it should have ARM vendors scared.</p>
<p>[The</a> first Intel smartphone: comfortably mid-range, eminently credible, and quietly revolutionary](<a href=“The first Intel smartphone: comfortably mid-range, eminently credible, and quietly revolutionary | Ars Technica”>The first Intel smartphone: comfortably mid-range, eminently credible, and quietly revolutionary | Ars Technica)</p>
<p>Interesting…</p>
<p>MSFT and INTC might make comebacks.</p>
<p>On the sidelines— DAY 1.</p>
<p>Psychmom… :)</p>
<p>Since the spread started…I am trading more… Lol.</p>
<p>INTC calls are in the $0.70s now. INTC does have a shot at $29 in the next month. I may wind up selling the $29s. Not sure at the moment. This was mad money but I’m growing attached to those shares now.</p>
<p>I had an offer to sell puts in intc…but I am going to wait…</p>
<p>I sold some MSFT puts today…</p>
<p>It is patience time…I have to be careful… :)</p>
<p>So my boss…who bot 10 amzn 210 calls and sold 110 amzn 220 calls…</p>
<p>For a $2500 credit…</p>
<p>He would make $2500 below 210…would have made an additional $1000 for every point above 210 up to 220. </p>
<p>Woild breakeven at 221 and lose 10,000 a point above 221…just closed out the trade at 225.5…
So he lost $45,000.</p>
<p>He lost $45,000 while trying to make $2500 to $12500.</p>
<p>Not the kind of trade I like to do…</p>
<p>Appropriate given the title.</p>
<p>Lol…</p>
<p>The Amzn Apr 220 calls closed yesterday at 0.39.</p>
<p>Trading for 8.10 right now… 10:17 PDT.</p>
<p>That’s like my AAPL calls. Sold them for $25 during OEX. A week later they were worth $1. Now they’re about $9. What a wild ride! I’m glad that it wasn’t wild for me.</p>
<p>:)…</p>
<p>yeah…somebody bought the calls you sold…</p>
<p>Unless he traded against those calls…by selling something else…</p>
<p>He is not too happy. :)</p>
<p>With Apple - you never know. I don’t think that Apple is going to skyrocket before WWDC which is in June.</p>
<p>
</p>
<p>Someone didn’t do the risk/reward calculation right, LOL…</p>