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Old 03-11-2011, 08:21 PM   #3476
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Originally Posted by gdoh View Post
your dumb

3k is enough. i started out with 1.5k and have done well for myself =|

i wouldnt called it gambling i would rather it call and educated risk.

-only risk what your willing to lose
-do your research before buying
-if the deal is to good to be true it probably is
-dont be afraid to sell and take a profit
-be patient

those are some main points i got


Yeah,well,after hearing market's are gonna sag because of the earth quake in japan i think i would want to buy in while their down & maybe raise up in the coming month's,5 grand i'll try throw down..

anyone know of any market share's for lumber?,shouldn't that be the cue to buy stocks for that since Japan need's to rebuild some of it's house's or No?....hmm?.

Edit: oh it's slowly going higher..?

CFP‎ Canfor Corporation (TSE) stock.

“With wood construction significantly more earthquake- resistant than concrete, we expect that the majority of the rebuilding to be done using wood as a construction material,” Richard Kelertas, a Montreal-based analyst, said today in a note to clients. “This should have positive impact on most of our North American timber, lumber and building materials stocks.”


International Forest Products surged 80 cents, or 15 percent, to C$6 in Toronto, the biggest gain since December 2008, while Canfor advanced 88 cents, or 7.2 percent to C$13.07.
http://www.bloomberg.com/news/2011-0...with-wood.html
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Last edited by Mr.Money; 03-11-2011 at 08:32 PM.
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Old 03-13-2011, 03:41 AM   #3477
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Originally Posted by Mr.Money View Post
Yeah,well,after hearing market's are gonna sag because of the earth quake in japan i think i would want to buy in while their down & maybe raise up in the coming month's,5 grand i'll try throw down..

anyone know of any market share's for lumber?,shouldn't that be the cue to buy stocks for that since Japan need's to rebuild some of it's house's or No?....hmm?.

Edit: oh it's slowly going higher..?

CFP‎ Canfor Corporation (TSE) stock.

“With wood construction significantly more earthquake- resistant than concrete, we expect that the majority of the rebuilding to be done using wood as a construction material,” Richard Kelertas, a Montreal-based analyst, said today in a note to clients. “This should have positive impact on most of our North American timber, lumber and building materials stocks.”


International Forest Products surged 80 cents, or 15 percent, to C$6 in Toronto, the biggest gain since December 2008, while Canfor advanced 88 cents, or 7.2 percent to C$13.07.
http://www.bloomberg.com/news/2011-0...with-wood.html

Before you throw down your money, could you please let us know what your investment goals are first? Is this $5K money that you'll need to use fairly soon? Or is it something that you can leave in the markets for a while or perhaps even lose altogether?
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Old 03-13-2011, 12:49 PM   #3478
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ummm can you give me a scenario?
i am holding telus and i just sold jan 2012 calls for $1.25.
http://www.great-option-trading-stra...red-calls.html
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Old 03-14-2011, 02:13 AM   #3479
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Nikki down 6.2% , US futures down a bit. Waiting to see the action today.
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Old 03-14-2011, 03:04 AM   #3480
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I wouldnt WRITE any options unless you really knew what you were doing. All you get is the premium, which isnt that much money. and your risk is almost unlimited.
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Old 03-14-2011, 05:06 AM   #3481
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Anybody want to help me out first hand with how to invest?
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Old 03-14-2011, 07:50 AM   #3482
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So who's short UUU?
Posted via RS Mobile
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Old 03-14-2011, 10:09 AM   #3483
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^^ its depressing.
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Old 03-14-2011, 10:55 AM   #3484
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I bet most of you guys bought UUU for the $1 dividend so your shares are still in the money so to speak.
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Old 03-14-2011, 10:58 AM   #3485
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speculative plays are now attractive at current share prices - back in on nortec
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Old 03-14-2011, 12:33 PM   #3486
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I wouldnt WRITE any options unless you really knew what you were doing. All you get is the premium, which isnt that much money. and your risk is almost unlimited.
Um.. wrong. Being short naked calls gives you unlimited risk. As for the premium you collect, that's a function of the strike price, the expiration date and volatility in the markets. If for example, you found a low beta stock like walmart and just did nothing but write puts on it, with the minimal margin requirements on it, you could make a decent return.

Being short naked puts gives you a payoff equal to premium - max(strike price - price at expiration, 0). Your risk then is only strike price - premium. Covered calls will have the same payoff.
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Old 03-14-2011, 05:40 PM   #3487
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agreed da fonz...
I'm writing covered calls...
I get the premium, dividends and the price appreciation...

However, on the flip side if the price drastically drops, I can't touch my shares until I buy back the calls..
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Old 03-14-2011, 08:00 PM   #3488
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Futures are just getting killed down right nasty. I am surprised they haven't halt the market in Japan yet. The Feds are going to have to intervene or we have market meltdown tomorrow no doubt about it.

Last edited by Carl Johnson; 03-14-2011 at 08:13 PM.
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Old 03-14-2011, 08:26 PM   #3489
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Ya futures are bloody, on top of that, of all days, there will be no scheduled POMO tmw...
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Old 03-14-2011, 08:53 PM   #3490
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Shitty for me I bought CAT today, so I will be taking a good hit. Oh wells my trading motto is: A good trader knows when to take profit; A great trader knows when to take a loss.

This looks to me like the time to take a loss and wait for better opportunity down the road.
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Old 03-14-2011, 09:02 PM   #3491
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Nikkei down 10%.....
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Old 03-14-2011, 09:07 PM   #3492
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Can't think of a reason why Japan would keep their market open
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Old 03-14-2011, 09:16 PM   #3493
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Flash crash. Wouldn't be surprised if I see DOW down 1000 points some time tomorrow.
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Old 03-14-2011, 11:10 PM   #3494
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Anybody want to help me out first hand with how to invest?
I would like to as well but I have only a slight idea of what do, can anyone please explain?
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Old 03-15-2011, 06:50 AM   #3495
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FFFFFFFFFFFUUUUUUUUUUUUUUUUUUUU
RBC direct investing is down
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Old 03-15-2011, 06:57 AM   #3496
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Grabbed some CUU at 1.30

going with Buffet's motto "be greedy when others are fearful, fearful when others are greedy"
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Old 03-15-2011, 07:01 AM   #3497
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yes....trying to pick up some SLX now...
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Old 03-15-2011, 07:27 AM   #3498
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holy shit SEA OF RED
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Old 03-15-2011, 08:23 AM   #3499
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tsunami half way across the world affects our market ... lawl
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Old 03-15-2011, 08:34 AM   #3500
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wonderful buying opportunities
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