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Over the years, I’m sure you have heard about environmental crises such as: 1. Global warming. 2. The thinning of the ozone layer. 3. The destruction of rainforests. 4. Various species going extinct. 5. Big fat forest fires. 6. Big fat oil spills. Yesterday I learned about a problem I hadn’t heard of before: apparently [...]

Today I had difficulty in deciding between Honey Nut Cheerios, Berry Burst Cheerios, MultiGrain Cheerios, Fruity Cheerios, and Apple Cinnamon Cheerios. I went with the Fruity Cheerios. Why? Because it came with a free toy car! Don’t ask me why it says Golden Grahams on it.

Rolled my QQQQ April 48 puts to May 50 puts. Rolled my XLF April 30 put to a May 32 put. I still have one XLF April 29 put I want to roll. I find it funny how there are computers out there that will take advantage of any price inefficiencies. I told the market [...]

The shaded area is yesterday’s after market action and today’s premarket action. GE reported a monster miss and guided downward for the whole year. This news is a pretty good gift to the bears considering the stupidity in the market the last few days.

I sold my April VIX 25 call for 55 cents in the morning. I bought this option a week ago for $1.15. VIX options expire on the Tuesday before the Friday when regular options expire. The time value on my VIX option was dropping fast so I had to dump it. I wish I had [...]

…and get 0% interest on the balance. I just got off the phone with American Express and I cannot believe what just happened. For the billing cycle from February 25th to March 25th, I raked up $304.85 in charges. This $304.85 should be paid by April 19th. On March 28th, I ordered my EEE PC [...]

Ever since the stock market’s rocket shot last Tuesday, the market has failed to move higher. However, it was still quite painful to be a bear because it always seemed like the market was going to explode higher. Here’s what we have on the S&P 500: As you can see, the downtrend from October still [...]

You haven’t been seeing me blog that much the last few days because I’ve been playing with my EEE pc. It is quite painful to blog from an EEE pc and it is something I’d rather not do because of the small keyboard. I’ve noticed that I’ve been typing my passwords incorrectly over and over [...]

I can’t believe what I am seeing. The unemployment report came out at 8:30am and I can’t believe the pump monkeys took the S&P futures to 1388. There’s no good way to spin the unemployment report. -80k jobs in March on top of the -76k jobs in February which was revised downward from -63k and [...]

Yesterday I added one XLF April 29 put for $3.20. Wasn’t the greatest price and I got slightly burned by it. Today I added one VIX April 25 call for $1.15. I’m digging myself into a hole. If the market continues higher, I’ll be hurting pretty badly.