Join Early Retirement Today
Reply
 
Thread Tools Display Modes
Re: The Next Depression ?
Old 03-13-2006, 05:42 PM   #81
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
Re: The Next Depression ?

That sounds really gay.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: The Next Depression ?
Old 03-13-2006, 05:59 PM   #82
Full time employment: Posting here.
 
Join Date: Mar 2005
Posts: 699
Re: The Next Depression ?

Quote:
No the place that my coworker told me about
I thought you said it was "the host" who told you? Unless you work in a host(ess) bar?

Bpp
bpp is offline   Reply With Quote
Re: The Next Depression ?
Old 03-13-2006, 06:05 PM   #83
Moderator Emeritus
laurence's Avatar
 
Join Date: Feb 2005
Location: San Diego
Posts: 5,267
Re: The Next Depression ?

Quote:
Originally Posted by bpp
I thought you said it was "the host" who told you?* Unless you work in a host(ess) bar?

Bpp
Serious cap on: I was sent to a remote site of our company in Hawaii to help them with some IT issues, thus coworker/host (me being coworker/guest).


Serious cap off: a host(ess) bar? Is that like Tina Turner's "Private Dancer"?
laurence is offline   Reply With Quote
Re: The Next Depression ?
Old 03-13-2006, 07:09 PM   #84
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
Re: The Next Depression ?

Cupcakes and Twinkies... :P
__________________
Have Funds, Will Retire

...not doing anything of true substance...
HFWR is offline   Reply With Quote
Re: The Next Depression ?
Old 03-13-2006, 07:38 PM   #85
Full time employment: Posting here.
 
Join Date: Mar 2005
Posts: 699
Re: The Next Depression ?

Hi Laurence,

A hostess bar is a place where you go in and get your own personal waitress (the hostess) who will pour your drinks for you while telling you what a big, strong, handsome, intelligent and witty guy you are. If you spend enough money and become a regular, you might eventually get laid. Even if you don't, you will still pay an exorbitant amount just for the drinks and conversation. There are also host bars for women who would like to pay to have their egoes stroked by handsome young men.

In your case, I thought it more polite to leave the gender unspecified.

In all seriousness, though, don't worry, your sexuality is unquestioned.
(A gentleman never asks questions.)

Bpp
bpp is offline   Reply With Quote
Re: The Next Depression ?
Old 03-13-2006, 07:52 PM   #86
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,004
Re: The Next Depression ?

Quote:
Originally Posted by bpp
In your case, I thought it more polite to leave the gender unspecified.
Laurence, does it actually say that on your driver's license? :

__________________
Numbers is hard
REWahoo is offline   Reply With Quote
Re: The Next Depression ?
Old 03-14-2006, 05:40 AM   #87
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Mar 2003
Posts: 18,085
Re: The Next Depression ?

Quote:
Originally Posted by HaHa
After looking at the price and the low volume/poor liquidity in the Jan07 JPM puts, I decided to stick to QQQQ puts as my bear play. Bought some Jan07 37s. I want to be able to hold into Q4-2006. If the QQQQ reaches 37, my collection of various puts should increase >= $10,000 per 1 point drop on the QQQQ.* I have some at the money, some slightly out, and some pretty far out of the money. These low strikes are long term, so if the QQQQ starts down in earnest it will be worth having them. I guess if volatility picks up, I should gain delta on these quicker than I would otherwise expect. If we get down to 34, I am making $25,000 per point on the QQQQ. The QQQ (forerunner of QQQQ) came kissing close to 20 in the fall of 2002,where it halted its long descent from 110 or so during the late great mania. It then turned around. and made it 37 or so by Christmas 2003. Since then it has only managed to add 3 or 4 points, depending on what day you look.

My money says this is one tired dog, and this is the infamous Year 2 of the US Presidential election cycle.

Anyway, if it works for me, I can buy a nice Seattle condo and get the hell off the farm. If it doesn't, turnips anyone?*

Ha

Ha, I assume your decision is made. I'd suggest revisiting the idea in the middle of next week. Goldman, Bear, etc. are reporting earnings this week, so the implied volatility of the puts will be temporarily higher. Should be settled down by next week.
__________________
"All animals are equal, but some animals are more equal than others."

- George Orwell

Ezekiel 23:20
brewer12345 is offline   Reply With Quote
Re: The Next Depression ?
Old 03-14-2006, 03:58 PM   #88
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
 
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
Re: The Next Depression ?

Quote:
Originally Posted by brewer12345
Ha, I assume your decision is made.* I'd suggest revisiting the idea in the middle of next week.* Goldman, Bear, etc. are reporting earnings this week, so the implied volatility of the puts will be temporarily higher.* Should be settled down by next week.
Well, I have already acted. GS reported great earnings this AM.

I'll look next week, but I think I am probably better off messing about with QQQQ. (If anything)*

Ha
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
haha is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Depression frayne Life after FIRE 19 09-19-2006 10:21 AM
depression?? now i am getting a bit worried wstu32 FIRE and Money 12 12-15-2005 07:22 PM
CNN.com Color pictures of the depression dex Other topics 2 12-14-2005 04:17 PM
THE COMING HUGE DEPRESSION anthony FIRE and Money 15 12-12-2005 12:53 PM
Tropical Depression 24 [Wilma] Marshac Other topics 12 10-19-2005 02:40 PM

» Quick Links

 
All times are GMT -6. The time now is 01:56 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2024, vBulletin Solutions, Inc.