Comments on: Current Positions – May 6, 2009

By: Joe

Joe — Fri, 08 May 2009 14:35:34 +0000

The market in general should be looked at as a rigged game (Fed, Banks, Wall Street crooks, you name it). It is tough to make high probability trades when the rules aren’t really the rules. I have “Macro” money where my 401K funds are conservative and invested for my most realistic macro view of the world. And, my Vegas money for playing the options market and rolling in the mud with the crooks on Wall Street. By the way Kadena, are you in Kadena (Okinawa)? Been there, done that…use to play with the 12th and 44th.. Regards

By: Alex Fotopoulos

Alex Fotopoulos — Fri, 08 May 2009 02:14:43 +0000

Kadena, I’ve been wondering if you were still trading or investing with options. I feel for you having to closer your account and respect that you recognized your limitations, especially being on the other side of the world. Thanks for serving and stay in touch.

By: Kadena

Kadena — Fri, 08 May 2009 01:15:11 +0000

i’m sorry it’s been so long since my last comment. i hope all is well. i’m a bit bummed lately because i have begun the process of closing my etrade and thinkorswim brokers. already transfered money from etrade to my bank account and closed all positions in thinkorswim in preparation to take the money out. i simply lost too much in options. i’m admitting failure. i’ll still follow this blog though for curiousity sake. and my extra money from working will just pile up without knowing what i’m going to do with it… my wife wants to buy a home (i’m still overseas) and i want to set aside cash for retirement (that i won’t burn up!) talk to you later… work is murder, pardon the term.