<p>I am not sure what the deal actually is…</p>
<p>But your concerns doct are definitely something to watch for…</p>
<p>I would be super angry if I had uninsured deposits and my accts were frozen…</p>
<p>[Revamped</a> Cyprus deal to close bank, force losses - Yahoo! Finance](<a href=“http://finance.yahoo.com/news/cyprus-eu-imf-agree-draft-002707985.html]Revamped”>http://finance.yahoo.com/news/cyprus-eu-imf-agree-draft-002707985.html)</p>
<p>I’m assuming that a breakout of the rising wedge pattern in the aapl chart that bceagle showed is bullish?</p>
<p>Doct, you have been trading for awhile. What do you say?</p>
<p>I say if it stays above 460 tomorrow, it’s next resistance level is 480. I don’t think aapl and the market are very correlated. Tomorrow, I’ll run some correlations. The market seems to be losing steam. Maybe it’ll pick up again with earnings around the corner, but then again earnings are frequently a nervous time for the market.</p>
<p>We post a lot but in the end you have to go with your gut. Trust yourself because your brain has been observing and processing information. If you think aapl is going to do x and then y, that is how to play it. If you think the market is stalling out, that is how to play the market. Your opinions are more valid than the guys on cnbc or seeking alpha or the Wall Street cheat sheets or whatever…</p>
<p>I thing there is a 15% chance Russia will invade Cyprus. Market collapse if that happens.</p>
<p>I have to respectfully disagree. UN peacekeeping forces have been stationed there forever costing UN/US millions to keep two NATO nations Greece and Turkey from fighting. Russians will be a fool to invade Cyprus.</p>
<p>Russia had their chance to control Cyprus - apparently they didn’t want it.</p>
<p>Well, here is my theory. Russia invaded Georgia just for the fun of it and because they could even though the US and every other civilized nation went bonkers. At least for Cyprus there is a logical reason to invade - theft of Russian money. The fact that Russians stole the money in the first place before putting it in Cyprus means the Russians whose money was taken probably don’t care what anyone else thinks about Russia invading Cyprus. Putin has said that the worse thing to happen to Russia was to lose its satellite countries. This way Putin can be a big war hero and add to the Russian empire. </p>
<p>If this happens, I think the market collapses because I think there is a British base on Cyprus and the risk of a real war will be much greater.</p>
<p>On the other hand, maybe what Russia will do is raise nat gas prices to Europe and take the money from Europe and give it to those who lost money in Cyprus. Of course, Putin will take his cut off the top as usual.</p>
<p>Of course, Russia may just take it in the backside and do nothing, but I doubt it.</p>
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<p>I read this assumption that Russians stole some amount of money but zero details on which Russians stole money and who they stole it from. Is it money earned in Russia but kept abroad to avoid paying taxes or did they steal it from some other country or other Russians? It makes no sense to assume that the money is stolen unless there’s some evidence to that effect.</p>
<p>I have money in offshore investments. I have those investments because they provide nice returns for the risk taken. Nothing illegal about that. Nothing stolen there either.</p>
<p>I did not want to put this in the health thread because there are political overtones in this. However, the economic message trumps politics. Health care is the biggest economic issue in the US. It is the health care industry against everybody else in the US. Where does the wealth go? How much of the country’s wealth should go to the health care industry?</p>
<p>And who should pay for the economic problems in the US that go beyond health care?</p>
<p>[Monday:</a> Cyprus ‘Fixed’ By Confiscating 40% Of The Wealth - Markets Celebrate - Seeking Alpha](<a href=“Seeking Alpha | Stock Market Analysis & Tools for Investors”>Seeking Alpha | Stock Market Analysis & Tools for Investors)</p>
<p>Wow that was a big market rally that lasted a long time!</p>
<p>I do have my concerns. </p>
<p>I sold nke apr 55 puts. I sold these in my Ira so I am not going to look at these.</p>
<p>I also sold goog 730 puts that expire next week.
This could be a crummy sale… Well it probably is already. Whats done is done.</p>
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<p>Interesting point. My impersonal look at heathcare is to term it maintenance. How much should we budget for a high quality maintenance? 30%? I also look at financial sector as overhead of doing business not as business itself. Right now, the overhead is huge. So I don’t know my macro-view is validated.</p>
<p>The financial sector is too large. Too much careless risk taking. Too big to fail …
Of course, if we cut the health care and financial industries, which industries can take their places?</p>
<p>sold iwm 3/28 92 puts = .23 and spy 3/28 153 puts for .27. I’m looking to buy aapl which I’m sure I’ll regret.</p>
<p>Ok…good luck…</p>
<p>I have a put offer in aapl, but I won’t get filled unless aapl drops 2 or 3 dollars from here…</p>
<p>I sold enough puts for the day…</p>
<p>I wish I realized that the market was closed on Friday…I would have been a little more aggressive last week.</p>
<p>Well I still have the 3/28 aapl 430 put that I sold last week for 1.62. I bought the 4/26 aapl 430 - 500 spread for $35.</p>
<p>Ok…good luck on that spread…</p>
<p>Not that it matters, but I think aapl is going to have a better second half too…</p>
<p>Edit…Oh… I see that is an apr spread…</p>
<p>Ok good luck on that…</p>