<p>“One other thing: we have the Fed printing but other central bankers are printing too.”</p>
<p>Yes… I think that is the number one factor for stock markets prices…</p>
<p>I was assigned on my short aapl 440 calls so the 435-440 call spread worked out. </p>
<p>Of course, aapl closed after hours close to 441 so it would I probably would have been financially better off if I wasn’t assigned (sold aapl at 440 after receiving the premium on the calls). But hey, my risk is now lower. :)</p>
<p>[Betting</a> Like Buffett: What the Oracle?s Million-Dollar Wager Means for You | Breakout - Yahoo! Finance](<a href=“http://finance.yahoo.com/blogs/breakout/betting-buffett-oracle-million-dollar-wager-means-160340023.html]Betting”>Betting Like Buffett: What the Oracle’s Million-Dollar Wager Means for You)</p>
<p>Hedge fund fees are tough to handle.</p>
<p>Looks like hedge funds are “killing the goose that laid the golden egg”</p>
<p>That’s funny DocT. I’m scanning the various investment picks by the money managers at Barron’s 2013 Roundtable. One of Schafer’s pick is WU which looks interesting with a 3.70% div.</p>
<p>
</p>
<p>I think this is the only thing I’ve had in common with Buffet - my largest holding is the combo of the VOO S&P ETF and 500 Index Admiral fund (before I knew what an ETF was). I had a pretty horrendous record when I actually picked individual stocks/options (I would have been the guy who sold 500 AAPL puts last week and felt happy for a day after it zoomed up to the low 500s), so I ought to be really happy.</p>
<p>"(I would have been the guy who sold 500 AAPL puts last week and felt happy for a day after it zoomed up to the low 500s), so I ought to be really happy."</p>
<p>Wow. That would have been really ugly…
You ought to be happy you didn’t do that.</p>
<p>Edit: why did wu blow up last year?</p>
<p>Ok… I looked it up…</p>
<p>This is what Schafer said at the roundtable:</p>
<p>
</p>
<p>[US</a> Facing Fresh Financial Shock to Economy](<a href=“http://www.cnbc.com/id/100410660]US”>http://www.cnbc.com/id/100410660)</p>
<p>After listening to the shows this morning, I think its wise to buy some protection.</p>
<p>I think wu is interesting. We were forced to use it recently to get money into another country, and the fees were quite high.</p>
<p>It looks like wu is going to have declining revenues and maybe declining earnings. Usually, I don’t like that. But the stock has been crushed…</p>
<p>Might be worth a flyer. If WU can keep that buyback going for several years, there won’t be much stock left. </p>
<p>[WU</a> Analyst Estimates | Western Union Company (The) Com Stock - Yahoo! Finance](<a href=“The Western Union Company (WU) Analyst Ratings, Estimates & Forecasts - Yahoo Finance”>The Western Union Company (WU) Analyst Ratings, Estimates & Forecasts - Yahoo Finance)</p>
<p>I have to stop buying three twins organic ice cream. Just ate a pint and I am trying to keep my weight down. :)</p>
<p>I am long protection…the spy mar 143 puts. Not working too well. And as spy rallies, the protection isn’t that great. 143 puts are getting farther and farther out of the money. </p>
<p>I keep selling the weeklys against the marches but its a slow decline, a slow loss anyway.</p>
<p>Protection is very cheap right now. Isn’t free though.</p>
<p>I wonder if there’s any demand for tea ice. Kind of like Italian Ices but made with tea and no sugar.</p>
<p>BTW, Berkshire is up 10% this year. What’s really strange is the volume bars. It’s just so-so volume but a lot of price action - it’s kind of like the rest of the market.</p>
<p>[Investors</a> Lose Fear of Black Swan - Yahoo! Finance](<a href=“http://finance.yahoo.com/news/investors-lose-fear-black-swan-135545839.html;_ylt=Ap1zwBgf5FFlWmJK6g9o0j2iuYdG;_ylu=X3oDMTQ4ajRydWZlBG1pdANDTkJDIFRvcCBTdG9yaWVzBHBrZwM2YTg3NDBjZC1jM2Y0LTNmZDEtOTBiYi02NTQxODVkZWYzYjYEcG9zAzEEc2VjA01lZGlhQkxpc3RNaXhlZExQQ0FUZW1wBHZlcgM1ZWNmN2E0MC02ODg5LTExZTItODlmZC1hOTA1MzdiNTFjMmI-;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3]Investors”>http://finance.yahoo.com/news/investors-lose-fear-black-swan-135545839.html;_ylt=Ap1zwBgf5FFlWmJK6g9o0j2iuYdG;_ylu=X3oDMTQ4ajRydWZlBG1pdANDTkJDIFRvcCBTdG9yaWVzBHBrZwM2YTg3NDBjZC1jM2Y0LTNmZDEtOTBiYi02NTQxODVkZWYzYjYEcG9zAzEEc2VjA01lZGlhQkxpc3RNaXhlZExQQ0FUZW1wBHZlcgM1ZWNmN2E0MC02ODg5LTExZTItODlmZC1hOTA1MzdiNTFjMmI-;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3)</p>
<p>I think the following is a very good link for those that have invested in bonds.</p>
<p><a href=“Vanguard - Page Not Found”>Vanguard - Page Not Found;
<p>“I wonder if there’s any demand for tea ice. Kind of like Italian Ices but made with tea and no sugar.”</p>
<p>I would like that. I usually have a pitcher of cold tea in the refridgerator. Lipton makes cold tea bags. I would like tea ice.</p>
<p>Edit…I guess I could just make tea ice. 
I guess I will.</p>
<p>I think we should start a hypothetical CC Index fund comprised of stocks and see what happens at the end of year. Just to provide a good laugh at eoy.</p>
<p>More nonsense…</p>
<p>[Exclusive:</a> Bank probes find manipulation in Singapore’s offshore FX market - source - Yahoo! Finance](<a href=“http://finance.yahoo.com/news/exclusive-bank-probes-manipulation-singapores-210604253.html]Exclusive:”>http://finance.yahoo.com/news/exclusive-bank-probes-manipulation-singapores-210604253.html)</p>
<p>If a market can be manipulated, it will be manipulated.</p>
<p>Well…you snooze, you lose.</p>
<p>I wanted to buy aapl call spread this morning, but I slept thru the opening. Aapl is up 10 bucks. I don’t see anything awesome. I guess I will do nothing.</p>
<p>I wanted to buy something else today. It’s lower. I should want to buy it more because it is a 2 year play, but now I am not so sure. </p>
<p>Hmmmmmm…</p>
<p>We may see AAPL recover and the $INDU-$SPX/$COMPQ divergence reverse.</p>