The investment..speculation, out right gambling thread

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<p>This puts me in the onerous moldy generation; manufacturing. Producing goods and new inventions like tech industry. Something that produces tangible products, real goods as well as intellectual properties. Servicing that sector is also good, transportation, communication, etc. Legal and financial sectors should be labeled as overhead and should be a smaller fraction of the total economy.</p>

<p>As long as it closes around the 465 where its at or higher, I’ll be ok. Earnings are on 4/23</p>

<p>These guys really know how to take the fun out of the market: [European</a> Shares End Lower as Optimism on Cyprus Fades, Eurogroup Comments Weigh](<a href=“http://www.cnbc.com/id/100586232]European”>European Shares End Lower as Optimism on Cyprus Fades, Eurogroup Comments Weigh)</p>

<p>Doct, that is f… Scary. </p>

<p>That link I posted earlier today was also about confiscating wealth…</p>

<p>Post 6152.</p>

<p>Scary stuff…</p>

<p>Igloo…</p>

<p>I hope that the US economy expands in the areas you mentioned.</p>

<p>What I have never understood is how putting deposits in a bank somehow converts it to the bank’s money. I think banks should be considered trustees holding money on my behalf until i withdraw it. Instead it is pretty clear that the money is an asset of the bank and not money held in trust.</p>

<p>Well, what do the rest of you think Russia will do to get back money for its citizens? Nothing?</p>

<p>These guys in Europe are absolute morons- now that Dutch a<strong>h</strong>* is backtracking on his statement</p>

<p>My head is spinning too. I had shares in a European bank and just closed out my entire position while I’m still ahead.</p>

<p>I actually like that Dijsselbloem contradicted his earlier statement because the market started to edge up and gave me a better exit point.</p>

<p>So the new term now it seems is “template-on, template-off” instead of “risk-on, risk-off.” :rolleyes:</p>

<p>Sold the appl apr5 410 puts for .20.</p>

<p>I see that Harry Dent - the wacko is going to be on cnbc. I think cnbc shouldn’t be so focused on entertainment.</p>

<p>I can’t do that kind of trade in aapl. I don’t want to risk having to buy a lot of aapl stock. This is why I usually go with selling a single put contract in aapl and goog.</p>

<p>Glad I bailed on ORCL last week. Blew right through the 200 today. Always use stops.</p>

<p>I can’t believe that NKE was up. TJX was up too. I was thinking of replacing MFC (my Canadian bank dividend play) with TJX as part of a move to deal with the foreign tax credit carryover issue.</p>

<p>[ORCL</a> - SharpCharts Workbench - StockCharts.com](<a href=“StockCharts.com”>ORCL | SharpCharts | StockCharts.com)</p>

<p>Wow… That oracle chart is uuuuuugly. Broke thru a lot of support. That new gap never ever has to be filled. Downside gaps have to be less likely to fill than upside gaps. Must be a study somewhere. Good stop BCEagle91. </p>

<p>BCEagle91, your analysis of nke and tjx were good last year. You wanted to own fewer issues long term?</p>

<p>Doct, I am mentioning these trades for fun and if I get my butt kicked, we can all see it. I am going to lose someday. The further out I go in time or the closer the strike price is to where the stock is trading, the chances of losing increases. I can lose on the nke trade. Fills that gap in a month, I am a loser. </p>

<p>I tried to sell the aapl 430 puts today, but I didn’t push it so nothing done. </p>

<p>I want a very high chance of success because I hate to lose. One of your links talked about this. Maybe I will find it. I was talking to a 70 year old poker player and he can’t play for more than 20 bucks now because he hates losing.</p>

<p>I try to sell puts to generate at least $100 after fees which is why I typically will sell 1 put on aapl, a week or so out that is > 1.15 or so. That way at worst, I’ll own a 100 shares of apple - I don’t want to get stuck with 500 shares or > 200 k worth.</p>

<p>That is a good strategy. I like it.</p>

<p>Yeah, part of the simplification approach. I spent a good part of the last eight days cleaning the house. I could not believe how much stuff we threw out this year. Electronics and appliances that had been broken for years that I was going to try to fix, clothes that I won’t ever wear again, things that we’re broken that we used for other purposes and stuff that we haven’t used in many years and that we are unlikely to use in the near future. Tossed out a lot of books too.</p>

<p>I’m going to work on the kids’ educational stuff too. If they want copies, I’ll take pictures and toss the physical out. If not, then it just gets tossed out. One kids likes records, the other doesn’t care that much. I’m getting to the point where I may toss a bunch of desktop computers too. They all work but they are slow and use a lot of electricity compared to modern computers. The kids want the hard disks. It’s going to be fun getting data off of a computer that’s 13 years old. It probably has USB-1 ports and very old data buses and connectors. I’m not even sure that it’s setup with ethernet - it might be one of the old dial-up computers.</p>

<p>We tossed most of the kids stuff away. We asked. They didn’t want the stuff. It was easier than I thought to get rid of the stuff. Plus, a couple of things are on the internet anyway.</p>

<p>I kept some super 8 videos. But the camera broke so I can’t watch them. Lol</p>

<p>The tech stuff is beyond me. Isn’t there a market for very old computers?</p>

<p>I just got paid back early on a $100,000 mortgage I funded. F… It was paying 7.5 percent and the house was in St. Francis Woods in SF. That was a really good deal which I guess is why it didn’t last. </p>

<p>To have to replace 7.5 percent money with that risk profile…not going to be easy…</p>

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<p>I’m sure that there are services to convert this stuff if you really want to do it.</p>

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<p>I don’t know. It’s not really worth it to me to do the selling process. I’d rather donate them to the library but only if they are fast enough for people to use. The problem with older systems is that they use more power and they run slowly. They can also generate a lot of heat. Do you really want to sell that sort of thing to other people. Some people without up-front cash may buy them because it is all that they can afford but they are going to wait longer to get things done and they are going to pay higher electricity bills.</p>

<p>The Windows licenses are only good for another year too. The cost to upgrade Windows to something that is supported may exceed the value of the computer.</p>

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<p>Yup. Even 2-year CDs at the Bank of Greece are only paying 4.6%.</p>

<p>I think that you’re going to have to work for returns.</p>